Life beside the edge

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I think when reached age 20~30 year old, most of the people will start to think of buying a house. Is normal to have such thinking. To purchase a house need to consider lots of things, most of things where you never think of before…

Let’s see, if you wish to purchase a house which cost you about RM 100K, you need to pay down payment about RM 10K. RM 10K can be small amount to certain people, and to certain people it is a huge amount. Maybe you will say it can be covered by KWSP (Employees Provident Fund). As a fresh grad who just work about few years, do you think you have lots of EPF money?

How much Do you need to use EPF Money?
EPF is a money which deducted from your salary each month by 11% and at the same time, your employer will contribute 12% too into your EPF account. Let’s says your salary is RM 2K, each month will deduct RM 220 and your employer will contribute RM 240. Which means you will have RM 460 EPF money into your account.

Do think it is small amount, it can be huge amount when time goes…
In EPF account separated into acc1(70%) and acc2(30%), the account which we can withdraw to purchase house is acc2.

Let’s see if your salary is RM 2K,how much EPF will you have after a year working?

Each Month – RM460
Each Year – RM460 x 12 = RM5,520
Acc2(30%) – RM1,656
(Above mentioned only consider gross salary)

As you can see, you can only withdraw RM1,656 for the down payment, it is far away from RM 10K. You need about RM 10K for down payment, so how about we consider you already work for 5 years. Let’s multiply by 5years, and see how much do you have?

5 years later – RM1,656 x 5 = RM8,280
(Above mentioned only consider gross salary)

Now you can withdraw about RM 8K, it is much more nearer to RM 10K. before consider location, type of house, the most important thing is how much cash do you have on hand.

to be continue~

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I never skip any meals
I always have my time for gaming
I love to sing song (release tension and stress)
I always consider myrself as a unique one
I’m the most charming in this world
I appreciate all the people who help me
I always say good words to the people around me
I always have some time to relax my mind
I need a healthy lifestyle – exercise more
I love to read more books, magazine to learn more

Last but not least,
Sleep more to have more energy to do all above activities

Photo taken from Here

I think most of you know that group discussion can gain more ideas, understanding and create more values. Most of the people practice this in School, University, Work and their religion activities. While we’re in mid of seeking knowledge, we use group discussion to learn faster, do more exercise, and also build up the “team player” minded. At work, we need group discussion in any matter to get consensus/common understanding with each Dept. In some religion, they practice this also to let more people get involved in sharing testimonies, teaching in their religion.

To have a successful group discussion is easy and simple,

Be prepared beforehand –

Everyone who attends the group discussion need to prepare the raw ideas, information, and related material before attend it. This may shorten the time of discussion and bring the MAX effect of it. At least people who are going to join the discussion need to understand the topic of the discussion.

Example: Read through the article/chapter, jot down all the queries, ask in the discussion and let everyone discuss about it, at the end, everyone understand it.

Create a relax environment –

Please do not ever use the statement below to stress your audience,
“Do you read the article/chapter before you come to this discussion?” (Maybe some of them forget to read it before hand)
“You should know you need to understand the article/chapter before come, right?” (Maybe they read it but not meaning they understand it)
“Do you prepare any question/sharing for tonight?” (They will feel tension when listen to this…)

We should let them feel relax, not being push to do anything in the discussion. Just talk about something funny and yet related to the topic of the day, ask some question like “do you see any funny thing on your way to here, Mind to share it?” Once in a while in the discussion need to make some joke and cheer them up, a long hour discussion will make people feel sleepy and can’t concentrate on the subject discussed.

Summary of the discussion –

Many of the people forget about this item, we need to summarize all the thing had been discussed. Let everyone have a glance back to the topic discussed.

Hopefully this simple tips can help you to hold a effective discussion.

Most of us wish to own our own house, have a ordinary family, living happily ever after… Right? But the idea of buy a house is not a easy way. Read the rest of this entry »