Personal Finance

Posted by Kris | Thursday, September 02, 2010 | | 13 comments »

Just put up a poll on my blog to determine how much an average individual saves each month oh his/her income, excluding forced savings such as EPF, etc. Personally, I only managed to save 10% of my monthly income, which I think is quite little since I have just acquired a significant amount of commitment this last few months. My target is to save at least 30% of my income :)

How much you save each month? (Poll is at the left side of this blog). :)

5% of Income
10% of Income
15% of Income
20% of Income
> 20% of Income

What are your goal for savings?


  1. ChampDog // 2:17 PM  

    Most of my saving are invested? Should that consider a saving or the pure saving each month that left in the bank?

  2. Kris // 2:46 PM  

    It should consider how much money you are able to save from your monthly income after deducting fixed monthly expenditure.

    Meaning, lets say you earn RM10K . And after deducting car, house loan, study loans, personal expenses, etc. You are left with 4K. So that 4K is the total savings regardless of what you do with it afterwards.

    I think for most of us, the monthly expenditure will be house and car loans. Thus, i want to conduct a poll on how much is left after these usual expenditures :P

  3. ChampDog // 3:09 PM  

    Oh okay. Mine is > 20% then. :) I just fill-up the survey.

  4. Kris // 3:39 PM  

    Thanks, a lot ChampDog for your inputs :)

  5. kampunginvestor // 11:47 AM  

    I was selfemployed earlier and i made quite a bit of money and spend less but since i started working in a new line and industry, my salary is low compared to lastime so i guess i couldn't save much now! Maybe 5 to 10% of my salary nia.. =.=

  6. Kris // 3:08 PM  


    Usually people switch from being employee to self-employed. But you are the other way around. Lol..and you seems to be earning more being self-employed :P

    Mind to share why you make the jump?

  7. kampunginvestor // 12:44 AM  

    I was a full time blogger lastime. Made quite a bit but now i change line to a Property Developing line.

    Although my starting pay is low but i am learning day by day hoping to be a successful developer in the future. ^^

    That is why i made the switch.. ^^

  8. Kris // 12:38 AM  

    Wow..a future property developer. Kudos man, sure can make a lot of money in the future :P

    Nevertheless, you make quite a bit for being a full time blogger :P Whereas i just blog for fun as i don't make much from this blog..haha..except as a venue to share knowledge with you guys :P

  9. ChampDog // 1:44 AM  

    Ya, good luck to you kampunginvestor!

  10. kampunginvestor // 9:28 PM  

    @Kris : Just started brother. Don't know what lies in front of me yet but it's fun learning all this. Something new. I don't make much from blogging too now. Lastime used to make more! ^^

    @Champdog : Brother thanks for the wishes.

    @Kris, Champdog : Where are you all from? Maybe one day we can come out and have a drink? ^^ Minum teh? ^^

  11. Kris // 10:59 PM  

    Yeah sure in the future, KampungInvestor. Just send an message to my email that i used while posting at your blog :P

  12. kampunginvestor // 12:21 AM  

    @Kris : Which part of Malaysia are you at? ^^ Sure i will email you but i need your location too ma.. ^^

  13. Kris // 11:12 PM  

    @KampungInvestor, I will tell you offline :P