Spending $1000 a month - preapring for the worse

[AhBeng]

We, as a family are spending only $1000 a month preparing for the worse.

In bank today = $150,000

12 months = $12,000
Property Tax Evevery year = $2,600.
PUB Bill One Month = $200 x 12 = $2400
Other miscellaneous expense (for Gevernment)= $300 x 12 = $3,600

Total yearly expense = $12,000+$2,600+$2,400+$3,600 = $20,600.

With $150,000/ $20,600 = Approx. 7 years.......

I believe this be sufficient time until the economic crisis turn around....otherwise.............bankruptcy.....

What is evryone else doing???? ........ to go throught the upcoming hard times........maybe they might be better tricks some other people can use?

Share your plans?

 

[rickws8437]

U are scaring people.. During these 7 yrs u have no other incomes?? Average people with $15000 in bank account can den only last 7 months??

 

[AhBeng]

U are scaring people.. During these 7 yrs u have no other incomes?? Average people with $15000 in bank account can den only last 7 months??

Facing the reality is better than living in a delusional world.......don't you think?????

 

[theDoors]

We, as a family are spending only $1000 a month preparing for the worse.

In bank today = $150,000

12 months = $12,000
Property Tax Evevery year = $2,600.
PUB Bill One Month = $200 x 12 = $2400
Other miscellaneous expense (for Gevernment)= $300 x 12 = $3,600

Total yearly expense = $12,000+$2,600+$2,400+$3,600 = $20,600.

With $150,000/ $20,600 = Approx. 7 years.......

I believe this be sufficient time until the economic crisis turn around....otherwise.............bankruptcy.....

What is evryone else doing???? ........ to go throught the upcoming hard times........maybe they might be better tricks some other people can use?

Share your plans?

Keep your cash untouched.

Rent out your HDB flat. Move to Malaysia.

 

[theDoors]

U are scaring people.. During these 7 yrs u have no other incomes?? Average people with $15000 in bank account can den only last 7 months??

7 years is a fairly accurate estimate.

I am looking at least 5 years unemployment completely without income.

 

[theblackhole]

got so much cash $150,000!!!!

lidat i die for sure lah...i only got $10,000 in my savings.....lidat surely die one!

got $150,000 for 7 years! wow! i $10,000 for how many months???

 

[Leongsam]

We, as a family are spending only $1000 a month preparing for the worse.

In bank today = $150,000

If you have $150,000 in the bank, you are well on the way to financial freedom.

Invest the money in yourself with the aim of generating a 10% to 15% ROI in the first year.

After that, the sky's the limit. As you learn the ropes, an exponential rise in your earnings is well within the realms of reality.

I'll give an example. I moved the forum from Delphi to this domain in July. On Delphi, the forum was worthless to me. It made money for Delphi but the forum hosts using the Delphi platform got nothing for their efforts.

I invested a couple of thousand dollars to get the site up and running. After 5 months, it is now worth USD27,000. That's a great return considering the current economic climate.

My site is worth
$27,000.
How much is yours worth?
​

 

[theDoors]

7 years is a fairly accurate estimate.

I am looking at least 5 years unemployment completely without income.

If nobody can even afford to rent.

Sell the current flat at 30% loss, still can get a 100k cash and pay up for a 3room HDB in full.

 

[dysentry]

Still got lobang for jobs if you care to look around.

Rent out one room can cover utility bills and town council fees.

 

[dysentry]

I invested a couple of thousand dollars to get the site up and running. After 5 months, it is now worth USD27,000. That's a great return considering the current economic climate.

So much treason and hatred here, who can you sell the forum to?

Don't see any ads around either.

 

[Leongsam]

So much treason and hatred here, who can you sell the forum to?

Don't see any ads around either.

The valuation is based upon traffic to the domain and the projected earnings from ad placements.

I have not configured any advert scripts yet. That's why you don't see any. :p

 

[Katana]

with increased traffic & popularity, u will attract advertisers like your other forum

 

[dysentry]

The valuation is based upon traffic to the domain and the projected earnings from ad placements.

I have not configured any advert scripts yet. That's why you don't see any. :p

Certainly hope you get some reward for maintaining this forum.

Wonder what kind of ads would go with this forum :p

 

[makapaaa]

Certainly hope you get some reward for maintaining this forum.

Wonder what kind of ads would go with this forum :p

​

 

[Big Sexy]

sam..funny though.... how come the sex forum is worth less????
i will buy it from you for 27k..and then sell it to MS for 270K..
<img src="http://www.sitevaluecalculator.com/images/dollarFace.jpg" style="border:0;"></a><br /> <span style="font-size: 11px;">My site is worth<br /><font color="green"><b>$26,842</b></font>.</span><br /><a href=http://www.sitevaluecalculator.com/result.php?domain=http://www.sammyboyforum.com><span style="font-size: 8px; color: #800080; font-family: Sans-serif;">How much is yours worth?

I invested a couple of thousand dollars to get the site up and running. After 5 months, it is now worth USD27,000. That's a great return considering the current economic climate.

 

[madmansg]

Rent out your HDB flat. Move to Malaysia.
======

how to move there without malaysia passport ?

 

[Big Sexy]

easy mate... u just need RM250K.

how to move there without malaysia passport ?

 

[saf_ranger]

batam also can..

 

[lifeafter41]

We, as a family are spending only $1000 a month preparing for the worse.

In bank today = $150,000

12 months = $12,000
Property Tax Evevery year = $2,600.
PUB Bill One Month = $200 x 12 = $2400
Other miscellaneous expense (for Gevernment)= $300 x 12 = $3,600

Total yearly expense = $12,000+$2,600+$2,400+$3,600 = $20,600.

With $150,000/ $20,600 = Approx. 7 years.......

I believe this be sufficient time until the economic crisis turn around....otherwise.............bankruptcy.....

What is evryone else doing???? ........ to go throught the upcoming hard times........maybe they might be better tricks some other people can use?

Share your plans?

Good for you and your family to have that kind of savings put aside for bad times and seems it is now.

Having 150,000 is quite a big amount considering most do not even have 15,000 or 20,000 in their account.

Frankly if within 2 years, if the economic crisis us still ongoing, a lot of people and family will be in deep trouble, much less 7 years.

 

[prince123456]

most ppl have only 500 in the accts