He was trying his best to attract my attention to the product he was selling - a women-targeted investment-linked insurance plan.
He did not know that I have had his job before, when I was 17 and earning quick money, hitting all my monthly sales targets for 3 months. I know the tricks they use in telemarketing to get people interested in buying my products.
The thing is, I’m not against insurance. In fact, I want one. A good one, one which will cover all my needs (therefore the plan he was selling actually peaked my interest). He went with the ‘most insurance don’t cover women-specific illnesses’ angle.
And then I asked him, ‘Is this a savings, insurance, or investment plan?’ I guess he knew then that I know what I’m talking about.
'Investment,' He said. And he continued with the angle again, which pissed me off because he starts talking about women and marriage and babies. I'm fucking 23. Don't talk to me about babies when I'm just fucking 23.
'How many percent per annum?' I asked him back.
He didn’t answer. He asked for my email address so he can give me a quotation. I asked him for the website of the plan he’s selling. It’s here. I said I’ll read the brochure online and get back to him if I’m interested.
Fuck, it’s not even an investment plan. Check the link. Guess I’m not calling him back.
I use prepaid phones still. Usage-wise average about RM15-RM30 a month, and this is only because I took advantage of this awesome youth plan offer (that has since been discontinued, btw). Financially, this makes sense. I pay for what I use, that’s it. Plus, paying monthly phone bills are not exactly fun - I’d rather top up when I have to.
Usually I top up about RM30 a pop. But my mobile phone operator sent me a text saying that they’ll give me RM16 free for RM60 top up.
I don’t feel guilty about this because:
1) I will use it anyway.
2) It’s a good 26.6% savings.
Ok, fine, so I do feel slightly guilty still because, well, I don’t technically need to top up now. I still have a good amount of balance left. I’m basically hoarding credit lol.
Sorry, the frugal nerd in me have to do this-
I have 2 weeks break from work fish yes!
Financial goals before 2012:-
1) get some stocks
2) put RM5k in ASB savings fund (RM500 more to go!)
3) sell some books and clothes. Put away ALL profits towards stocks fund.
4) what you can’t sell, donate
5) donate at least RM50 more
Being a money minded hoarder is tough. Everything is either worth something, or can be reused, or may be handy ‘someday’. My room is full.
In spirit of Xmas, even though I don’t celebrate it, I’ll try to be more generous.
Nobody takes their possessions to the grave, after all. Right?
December goal number 2 (put RM5k in ASB savings fund) is not achievable…. dang.
Because of this:
Dear Valued Customers,
Please be informed that ASNB is suspending their online transactions via m2u for computation of income distribution for financial year ending 31/12/2011.
Details of the service suspension are as follows:-
Suspension Period:16 Dec 2011 (Fri) - 2 Jan 2012 (Mon)Affected Transaction:ASB Registered PaymentTransaction Resumption:3 January 2012 (Tues)
We thank you for your understanding and appreciate your continuous support.
NO I DO NOT UNDERSTAND.
UPDATE: Found out the dividends this year for this particular investment account is 8.8%.
No sense pretending otherwise - I am a horrible, horrible mooch.
Living with the parents have its disadvantages… but it also has perks - namely, money saved that goes straight into personal used and/or extra savings for the month.
I find myself saving at least RM450 a month just by living at home (RM300 for rent, RM100 for groceries, RM50 for utilities per month, not including other housemate-related activities we’re bound to do), and having much more extra time for myself (no cooking, no cleaning up, no grocery shopping).
But, I do help out around the house. And being an Asian female, my parents are much happier me living with them than me living alone. Once, my mom looked incredibly offended when I suggested living with a friend. I’m sure in their mind, I am still their baby girl, and I stay that way, safe, hidden, and protected from the big outside world in their house.
Oh, hahaha, I’m sorry, that was funny.
Anyway, I know I’m not addressing the bigger picture here. I need to be more independent, yet the lure of saved money is too big. RM450 a month is a sizable chunk that goes straight into the savings account, part of which is my future house down payment fund.
Is there… a way for me to have it both ways? To be financially independent from the parents, yet save that amount of money monthly, easily.
This month is a financial disaster. I can’t believe I would ever say this, but payday can’t come soon enough. I need to pay rent and there’s the automated monthly deduction for my savings account. Right now, what I have in the bank is not enough for even these two.
The thing is, I don’t even spend that much money on me. I just have so many things to replace (aka definitely ‘need’, not mere ‘want’ - concealer, RM70, work shoes, RM64). I got a new phone (RM750). I made mistakes (my car got towed so I had to pay RM150 in fees). I had to pay my house deposit plus March rent (RM917). I need to pay deposit on my condo’s access card (RM60). I had an impulsive haircut (RM55), which to be honest, I didn’t like that much.
I also got too caught up with this new ‘living in the city’. I’ve been going out most nights. City entertainment is amazing, but it gets really expensive really quick. And I don’t think I’ve eaten out that much before. I cook, but when you’re out and you’re socializing with friends… you tend not to not want to be the odd one out who just orders water.
It’s slightly sad, but I guess I won’t get any more groceries, even. I have to be more creative with what I cook and just work from what I have in my very small pantry.