Thursday, June 26, 2008

On the verge of poverty

How much you should earn in order for you not to be considered poor. (Defination of poor according to wiki: The poverty threshold, or poverty line, is the minimum level of income deemed necessary to achieve an adequate standard of living in a given country).
What is adequate standard of living in Malaysia ?

1) We need a car (public transportation sucks)
2) We need handphones (fix telephone line cost even more these days)
3) We need to eat , healthily if not luxuriously
4) We need to school our children (school fees nowadays has lots of extensions)
5) We need to repay our loans
6) We need to pay for our utilities expenses
&
7) We need to set aside for insurance and savings

But come to think of it, we will not able to save much these days if not depleting it.
It's even a luxury if you are able to save let alone owning a fixed deposit account.
So tell me, how poor are we now ?

I was thinking to degrade Adrian's milk from Enfagrow to something cheaper but not less nutricious. I was thinking Friso by Dutch Lady is a good choice.

So that's it, no more Nike/Adiddas shoes, you won't need to exercise that much, now that you are tightening you belt, coz eventually those celluloids will be useful at last......

1 comment:

Anonymous said...

In times like this, holding a position that enables you to save is a luxurious attribute.