MONEY....MONEY....MONEY..... (Part 1)

Still remember what I told you last post?

Aku ade mention about 'kenapa aku masih menanti SINAR', kan???? heheheheh..... sebabnye, IT'S ALL ABOUT MONEY....!!!!!

Setelah berhempas pulas aku berusaha dengan gigih setiap bulan selama 9 bulan lepas, apa yang aku perasan:

1. Credit Card outstanding balance aku bertambah.....
2. No balance of fund to save or invest
3. Tak de duit nak beli barangan cosmetic, buku, majalah, dan makanan yang sedap
4. Beli tengok statement KWSP, sangat sedih.... kalau retire nanti, tak sure bole bertahan berapa lama duit tuh....

So, to make myself discipline in spending my money and settling credit card outstanding balance, aku pun buat la 'FINANCIAL ANALYSIS' untuk diri aku.... (selama nie dok buat analysis for client's companies.... so, gunakan expertise utk analyse diri sendirik lak...)


FINANCIAL ANALYSIS

Aku bahagikan kepada 3 subtitles, which are:

• Monthly Credit Card Balance Movement
• Analysis on Expenses via Credit Card
• Analysis on Spending vs Settlement

OK, lets start.........

Monthly Credit Card Balance Movement

As what I said earlier and from the above graph, my outstanding balance keeps increasing.... huhuhuhu...... :(

Analysis on Expenses via Credit Card

This analysis generally explain what I spent using Credit Card.......
Biru - Petrol
Ungu - Personal
Kuning - JOHAR (car maintenance)
Merah - Interest on Credit Card

So....Noted the followings:

• Average monthly petrol expenses = RM250
• Average monthly personal exp = RM xxx (rahsia la....)
• Average monthly interest = RMxx (also rahsia)
• Average spending for JOHAR's maintenance every 4 month = RM250, thus conclude that monthly exp for JOHAR = RM63
• High usage for personal expenses

Recommendation:

• Reduce personal expenses
  

Analysis on Spending vs Settlement

Merah - Spending (Expenses)

Biru - Settlement (Payment)

Oren - Addtional/Reduction to outstandding amount

From the above graph, I can conclude that most of the settlements (payments) are lower compared to spending (expenses) made every month.

Recommendation:

• To pay more than expense.... (bole ke dengan gaji aku yang ciput sekarang nie???)

....................................................................................................................


Itu baru analysis on my credit card.... Belum lagik aku nye budget bulanan......... Aku rasa macam nak pitam tengok analysis tuh.... Honestly, personal expenses tuh tak la banyak mana... and it is related to my spending on barang-barang keperluan i.e. berus gigi, ubat gigi, pantyliner, sabun, dll.... so, nak tak nak kena la cut jugak.... sabun, ubat gigi, shampoo kena jimat.... huhuhuhu.....

Next time aku sambung on my Monthly Budget kay.....