Thursday, April 3, 2008

How the fund was raised & What was spent for

My debt - free rennovation itemised expenditure goes like this:


Note:

1) Some items has been paid the deposit last year (sunk cost) ie: Sliding door, wrought iron

2) Few constructions materials incrased in price ie Grill -iron price increased by 40%

Let's see how the fund was raised:

1) RM15, 000- withdrawal of EPF for 'purchase of 1st house' on March 2007. The money was used together with my savings to redeem My ESOS. Redeem ESOS in May 07 while sell the ESOS somewhere Nov 07. I got 5 lot for ESOS and 4 lots used cash while 1 lot credit.

2) RM7 to 9K-ESOS return, can't remember the actual figure

3) RM17,500++- Own savings- still calculating the actual figure

4) RM2.5K ++-Recent bonus- still calculating the actual figure

Note: I didn't touch my saving in TH and investment in Unit Trust.

In a nutshell, I'm grateful my savings is sufficient to cater the cost since I don't have other debt like Car Debt. Only house mortgage is attached to my monthly salary. I'm still happy driving my 92' Saga :D . Even, the new exec in my office didn't believe my car is old Saga. They have more good looking car than me.
I will share another 'story' behind the scene konon2 with regards to this rennovation next week okeyy ;)

8 comments:

Anonymous said... Reply To This Comment

fara,akak mmg kagum la cara fara manage duit. akak pun rasa motivated sgt nak jadi org yg bijak urus wang ringgit nih.best kalau tak berhutang.rasa kepala otak ringan je,hehe.tqvm 4 the infos.rajin2 la kongsi lagi :D

Farra said... Reply To This Comment

masih in learning process sis
but it's really a peace of mind ;)

Fiona said... Reply To This Comment

Ya Allah, jauhi lah hambaMu drpd sifat ria` dan takabbur. Bukan semua benda boleh dikongsi cerita.

Fenridal said... Reply To This Comment
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barb michelen said... Reply To This Comment
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barb michelen said... Reply To This Comment

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abu nufayl said... Reply To This Comment

great sharing farra. takpa, ilmu jgn disimpan. sirran, wa 'ala niatan.. kalau ada yang tak nak menerima, masih ramai yang menadah. Kami tak pakar ilmu tadbir hati, jadi bila benda yang baik dan boleh bermanfaat, kami ambil aja... simpan dalam fail. dan amalkan!. yang tak baik, biarlah Allah yang tentukan.. :)

::zuraimah:: said... Reply To This Comment

wwowwiiiii...byk gak $$$ spend..tp okla no debt kan...lega jek rasa..
hopefully we will have d same thing.. :) no debt-reno for our 1st home..:)
thanks for sharing ek farra...