Why work in MY, not SG???

I always wanted to do this post since a loooong time ago. I insisted to do my intern in sg, but last minute the plan failed, Sg government doesnt approve training pass for my university. And this opened my eyes. There's been a lot of different opinions from many people. People around my age tend to go oversea, while people much senior than me are more stick to here. (Of course they asked me to try working oversea too, saying it is good to try when I'm still young)

The purpose of this post is to clearly list down my reasoning and analyse them.

My previous reason to work in SG was:
1) MONEY!! I can save tons of money working in SG. This is haste up the process of become financial freedom.
2) Otaku romance. I love being alone and hide inside the room. LOL?

So why suddenly Levin dont want to work in SG anymore???
Here are my reasons:

1) Saving
The very first purpose I wanted to work in SG is because with the currency different, I am able to save more money. However if I reanalyse it now:

Lets say I get a SGD2300 (refering Jurong shipyard) pay a month in SG, and live with minimized lifestyle:
Rental=sgd600
Food=sgd200
Transport=sgd100
Malicious =sgd200
Parents=20%=sgd460 (OH YEAH FOR MY PAPA MAMA!!)
Total=1760
**minus my car loan rm950/SGD 400
I am able to save SGD340/mth. (RM816/mth)

Lets say I get a rm2800 (optimistic) pay a month in MY, and live with moderate lifestyle:
Rental=nil
Food=300
Transport=rm200 (petrol)
Malicious=rm350
Parents=20%=rm560
Car Loan=rm950
Total=rm2360
I am able to save RM440/mth.

Not sure whether the calculation is correct, since I havent include other things like PTPTN...etc. That means I can save extra rm400 a month, about rm5k more a year. rm5k/annual is alot, but it is lesser than what I first thought. However even with triple times of saving, I will still choose MY for now. Why? Look at the next few reasons.

2) Ease of life
First, people often do the mistake by only earning income using hard labor (from what that I read). What will happen if one day you cant work anymore? Means no more income. Hence one cannot spend all his time on working, he should spend time on finding lubang for passive income as well. (implying just work blindly and rely on the salary alone is not a good idea)

Second, I treat myself as a soon-to-die person, so I must live beautifully (which also beautifully contrast with my far-sighted personality). I am sure that I will enjoy my life more in MY comparing SG. When come to life, I stick to the principle of balance, "Live good in present, yet wont affect my future ambition."

3) Lubang
As mention in point 2, I want to find lubangs. I have been living in Malaysia for 23 years, I know the situation here better than SG. So getting a lubang here will be easier. Lubang as in getting a property, start up a business...etc. I am not sure, but the screwed political might help too. (not sure about this, just my personal feeling. however yes or no doesn't affect the situation as well)
To get lubangs, I must know more people. And I feel that I can do that better in MY (having more transport power and time to lepak around). And I am not sure if this is true, I think starting up a business in MY is easier than SG.

4) Backup
I said I want to have my own business, as it is the fastest way towards wealth (and wealth can complete big part of my dreams). And the reason to go SG, is to accumulate a pot of gold. However I have to include the chances that I fail to start any business, and continue to work as an engineer. If this does happen, I believe staying in MY since the beginning will be better. This is because I would know the people in my industry (eg, construction field) better. One of the way for the pay to raise is when people gorek you into their company. If I come back to MY 5 years later, I had to rebuild my connection again.
(this point is assuming I dont venture into business, and I will come back from SG. If I planned not to come back MY, it will be totally different.)

So this is the 4 reasons why I prefer to work in MY. HOWEVER this is my current decision, once I found a better reason to convince myself to work in SG, I might change my mind. All the best to our future!!

过去

中六是我人生的转折点，那年我遇上了我一生最大的挫折，遇上了围棋，遇上了某个学妹，卷入了小孩般的政治，迷迷蒙蒙的渡过了的两年，也曾对未来失去过希望，还有种种的经历。这两年就在上课时睡觉中渡过，浪费了，但我不得不经历。因为伤口结疤了，就会生出更强的皮肤组织，而那些伤痕就是我成长的证明。

现在我得好好的慰劳过去的自己，别让他白挨那两年。辛苦你了。

Draft financial planning

Future=need qin~ So it wont be wrong to estimate my future needs. Calculations below were made based on prediction, hence it may appear unrealistic.

Fresh grad, Year 1 (age 24):

Assumption Salary=rm2300
Monthly car installment= rm922
Monthly petrol=rm200+-
Monthly food expenses=rm400+-
Monthly pocket money to parents=rm200+- (sorry daddy mommy, you son just fresh grad, will give more later)
Monthly saving=rm 600 (300 for long-term investment, 150 cash, 150 saving acc)

It haven't include entertainment expenses, car service, ptptn and unexpected costs.
Saving account total= rm1800, Investment=rm3600 (not including Return on Investment for easier calculation)
Annual vacation= -rm1500. Total saving after year 1=rm300 (LOL?)

Comment: life in 2012-2013 might be tough.

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Year 2 (age 25):

Assumption Salary=rm2700 (reference from jobstreet)
Monthly car installment= rm922
Monthly petrol=rm300 (predicts that petrol price will increase)
Monthly food expenses=rm500
Monthly pocket money to parents=rm200 (sorry daddy mommy, still poor)
Monthly extra pocket money=rm100
Monthly saving=rm700 (325 long-term investment, 100 cash, 175 saving acc)

Bank saving total until the end of year 2=rm2400.
Amount on investment until the end of year 2=rm7500.
Annual vacation=- rm1700, Total saving=rm700.

Comment: If saving is more than expected, might as well as invest in higher risk investment.

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Year 3 (age 26):

Assumption Salary=rm3200.
Monthly car installment= rm922
Monthly petrol=rm350
Monthly food expenses=rm550
Monthly pocket money to parents=rm250 (sorry daddy mommy, still poor lol)
Monthly extra pocket money=rm300
Monthly saving=rm800 (400 long term investment, 200 cash, 200 saving acc)

Bank saving total until the end of year 3=rm3100
Amount on investment until the end of year 2=rm12300
Annual vacation=- rm1900, Total saving=rm1200.

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Year 4 (age 27):

salary increase=rm3600
Monthly car installment= rm922
Monthly petrol=rm400
Monthly food expenses=rm600
Monthly pocket money to parents=rm350+- (sorry daddy mommy, still poor lol)
Monthly extra pocket money=rm350
Monthly saving=rm950 (long term investment=rm450, cash=rm200, bank=rm200)

Bank saving total until the end of year 2=rm3600.
Amount on investment until the end of year 2=rm17700. *(18K CAN MARRY JOR LOL, but.... of course will let the money roll first lol)
Annual vacation=-rm2100, Total saving=rm1500.

Comment: extra pocket money seem to be a lot, either allocate extra saving on investment or investment+vacation

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Year 5 (age 28):

salary increase to rm4000.
Monthly car installment= rm922
Monthly petrol=rm500
Monthly food expenses=rm650
Monthly pocket money to parents=rm400
Monthly extra pocket money=rm400
Monthly saving=rm1200 (long term investment=rm600, saving acc=400, cash=rm200)

Bank saving total until the end of year 3=rm6300
Annual vacation=- rm2500, Total saving=rm3800.
Amount on investment until the end of year 2=rm19500

Comment: having nearly 20k (without counting ROI) seems good, and the saving account amount indicate that I might be able to travel to somewhere with higher currency soon.
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Observation:
1) Large portion of money went to car installment, however I got the confident to be able to balance it by cutting other expenses.
2) Starting from year 3, i might consider start diverging my investment to 50 balanced, 50 higher risk? Since the money I able to spend on investment is more by that time.
3) Annual vacation yeah~ Must enjoy the present life as well, no point do all the saving and suddenly accident happens.....*touch wood* The first 5 years, probably only able to visit places like thailand, bali, taiwan, hong kong, vietnam...etc (thats five!!)

So hopefully the salary can be good, of course that means I will need to get a good company and I am hardworking enough.

Women who influenced my life

Just when I thought everything was finally going smooth, new problem arise. Tomorrow will try to sort it out, so tonight was kinda....thoughtful?

Actually before this I ady tried to update my blogs for many times, but I found that blogspot isn't user friendly enough when it come to picture upload, so it always ended with nothing. Okay no more bullshit, let's enter the topic, who are the women who bring influence to my life.

1) My beloved mother
There are no one else can love me more than her, she is the best thing I ever met. Her unselfishness, her willingness to sacrifice for her family, her everything. I won't be the person I am now if my mother happens to be other people and not her. Mere words won't be able to describe her greatness.

2) A senior of mine
The reason I wanted to write this post is because I happen to read a post posted by my form 6 senior, 男人二十岁后应该学会的13个习惯. She shown me that how charming a career-minded person can be. And I thanks her for listening to me after I was in my saddest moment of my life.

3) My kai mui
To avoid people from misunderstood our relationship, we accidentally become kai kor and kai mui. She is very powerful in weiqi (LOL) and a cheerful girl. She taught me even if two people din contact for a long time, things will still remain unchanged, because of the existing bond.

4) A certain junior of mine
She shown myself what type of person I am, and I learned a lot(?). Practice makes perfect, and we always learn from mistake, and so I am still learning. (I really don't wish to put this up, but I cant deny the fact that it does influenced me)

5).......... shit, my blogging motivation is leaking, so I guess until here only. It's a shame that I din even include my own sister, she might not playing any influence in my life yet, but I do love her :)