Never Ending Financial Problem

Stress!! I am so stressed out!! SWT!! Financial problem had been haunting me since last year 2008 November! My commitment was sky high and my income just cant make the ends meet. Just to list down the very basic of my monthly expenses before the economy crisis hits;

• House loan installment repayment - RM1998
• Car1 loan installment repayment - RM850
• Car2 loan installment repayment - RM600
• Insurance monthly premium - RM586
• Credit card repayment - RM3000
• Petrol - RM1200 (each car RM20/day)
• Tol - RM200 (reload RM100 for each T&G for each car)
• Parking - RM200
• Maxis bill- RM300
• Electric bill - RM200
• Water bill - RM50
• Streamyx bill - RM150
• Food/Meals - RM1800 (RM30/day x2person)
• Misc - RM1000 (movies, clubbing, dining, shopping, etc)

Total?? RM12K+-!! In reality, how many youngster (below 23 y.o.) can generate this much income to bear this sky-high expenses monthly? We went through all this without a penny/cent from both families. So please dont comment that I came from a rich family. What I have today is what I earned out from ZERO. I am really grateful and thank god that I had such a fruitful income, we managed to pull it over and there is still room for saving. But as the saying goes 'good thing doesnt last for long', this all was before the economy crisis hits in November 2008.

From a 5-figure income, it drops to an average of RM3k per month. A very drastic drop huh? RM3k is still a huge amount to alot of people but as you can see from my monthly commitment, it just simply cant make it. So I started slashing down my expenses. Make the comparison.

• House loan installment repayment - RM1998
• Car1 loan installment repayment - RM850
• Car2 loan installment repayment - RM600
• Insurance monthly premium - RM586
• Credit card repayment - RM1000
• Petrol - RM900 (each car RM20/day)
• Tol - RM150+- (pay on cash basis)
• Parking - RM100 (more illegal parking)
• Maxis bill- RM250
• Electric bill - RM150
• Water bill - RM30
• Streamyx bill - RM120
• Food/Meals - RM1200 (RM20/day x2person)

Total?? RM7834! As I mentioned earlier, monthly income had dropped to an average of RM3k per month since November 2008, so how did I survive this? Nothing much but to 'korek' from bank account about an average of RM5k per month just to make end meets. A drastic slashed down on shopping, travel, dining and leisure. The metaphore of "shopping cures every gal sadness" doesnt applies here anymore. LOL!! This is before our separation.

Now, June 2009, a month after separation, below is my monthly expenses;

• House loan installment repayment - RM1000
• Car loan installment repayment - RM600
• Insurance monthly premium - RM168
• Petrol - RM600
• Tol - RM100+- (pay on cash basis)
• Parking - RM80
• Maxis bill- RM125
• Food/Meals - RM600

Total?? RM3273!! Damn..!! Still sky-high with ZERO income!! I wonder how a wager-earner of RM800-RM1200 survived??

Look...!! What left in my account?? RM1.08 on Monday 22nd June 2009 22:23pm! Not only that but I am drowned with a heavy debt too. Check it out below;

• Summon (PDRM) - RM2200 (18 summons)
• Lynette - RM4800 (borrowed RM4.8K from her 2mths back)
• Insurance - RM586 (May 09)
• Utilities bills - RM830 (March+Apr+May+Jun)
• Car1 loan - RM1700 (Apr+May)
• House loan - RM1998 (May)
• SKYNET - RM4465.20
• Maxis - RM935.97 (Feb-Jun)
• Income tax 2008 - RM2800
• Income tax 2009 - RM1200
• AEON credit card - RM3019
• UOB credit card - RM3128
• EON credit card - RM2991
• HLB credit card - RM3589

Total debts at this moment?? RM35k+- Gosh!! Someone please tell me that the bridge is covered nowadays..