Lowyat.NET: Latest topics by Lonelybird

How to meet new friends

Lonelybird — Sun, 22 Mar 2026 21:41:16 +0800

Hi all,

I'm turning 40 this year and realized i don't really have a close friends to hang out with, like grabbing a drink or sharing hobbies.

I've been focused on work and family for many years, but now i feel the need to meet new people and have someone to talk to.

Any suggestions on where i can start?

Maybe clubs or groups?

Thanks!

Saving for the Future vs Making My Wife Happy

Lonelybird — Tue, 21 Jan 2025 18:44:54 +0800

As a 37-year-old earning RM8k per month, I've only managed to save RM100k in my savings which i know is insufficient. To ramp up my savings, I've adopted a frugal lifestyle.

However, this has led to tension with my wife, who feels we should enjoy life more and want to take control over our finance.

As a housewife, she is good at taking care our childrens but not in managing finance. i'm hesitant to hand over our finance to her due to her limited experience.

Should i prioritize making my wife happy and risk compromising our financial stability or find alternative solutions to address her concerns?

I'm torn between securing our financial future and maintaining a happy marriage.

Any advice would be appreciated.

Edit : My main question is should i let my wife happy and control our finances, even if it compromises our financial stability?

Renting out my new house

Lonelybird — Tue, 05 Nov 2024 22:02:13 +0800

Hello everyone!

My new house is nearing completion, and im planning to rent it out.

What strategies can i use to minimize the risk of problematic tenants?

Specifically:

1. How can i ensure timely rent payments every month?

2. What measures can i take to prevent non-payment excuses?

3. What the best approach to handle lockout situations due to non-payment?

Your experiences and advice are greatly appreciated.

Experience with hiring a property management agent

Lonelybird — Tue, 05 Nov 2024 21:43:37 +0800

Hello everyone,

Considering renting out my property, i'm torn between self-management and hiring a property management agent.

I've heard concerns about tenants not paying rent, damaging property, and other issues.

Being a landlord seems challenging, and i'd prefer avoiding the headaches.

Can anyone share their experience with hiring a property management agent?

Pros and cons? Worth the cost?

Thank you for your insights!

Using credit card money to make money

Lonelybird — Sun, 13 Oct 2024 20:31:20 +0800

Dear all,

I was thinking using bank money to make money. I know this is insane.

I am a small supplier of a skincare product.

I supply product to shops and get back my capital + profit in a month.

I don't pay rent, ads or commission.

I make about 10% profit each month.

Is it good idea to use credit card to take stock and pay it back in a month?

Is it worth for a 10% profit?

How do you survive credit card debt

Lonelybird — Sun, 06 Oct 2024 19:14:58 +0800

Come share your experience about credit card debt.

Good or bad experience are welcome.

swipe my credit card again

Lonelybird — Fri, 30 Aug 2024 21:16:09 +0800

Dear sifu,

Teach me how to not swipe my credit cards again.

I have been using credit card for the past 5 years, never once missed payment coz i always spent within my budget(1k) every month.

Recently i started to lose control on my credit cards.

I over spent my budget 2 months already and my credit cards snowballed to RM 4K.

I tell myself never ever swipe my card again this month!

The next day knowing that i over spent already, i swipe my credit card again coz my wife say our sofa at home broken already.

I immediate regret and feel bad after purchased the sofa(cost Rm 700).

I do have my saving to pay for everything i owe. but i felt bad coz i over spent again and again on my credit cards.

I afraid this will become a habit and drag my finance to hell.

Paying credit cards before statement date

Lonelybird — Sat, 03 Aug 2024 16:00:02 +0800

Dear Sifus,

I have a habit paying some of my credit cards before statement date.

So every month statement will be always 0 balance.

Will bank see that as inactive and close the credit card account?

How you define financial stability

Lonelybird — Tue, 06 Feb 2024 20:00:13 +0800

I am 37 married man with 3 kids.

I dont have assets worth million ringgit(not even half).

I have RM50k saving in ASB.

I have a job pay me RM6k monthly.

No EPF contribution(freelance)

Every month after pay this pay that left RM500-RM1k for saving. some month save nothing.

Am i financially stable?

Extra payment on semi-flexi house loan

Lonelybird — Sat, 30 Dec 2023 18:09:23 +0800

Dear sifus,

I got my first islamic house loan approval from BSN.

It is a semi flexi loan and my only option, so i took the offer.

I understand that semi flexi loan allow you to pay additional amount but cannot withdraw the money back.

I also understand that i will get more discount on interest if i make extra payment on the first few years compare to extra payment after 5 years.

I am planning to take RM30k(my investment fund) from ASB to reduce the loan interest on the first year.

Is this a wise decision?

* loan detail *

loan amount : RM150 k

interest rate : 4.45%

tenure : 26 years

This will be my own stay property and i wish to get the most discount on the loan interest.

how to deal with health issue

Lonelybird — Tue, 12 Sep 2023 22:12:11 +0800

Please discuss. Thank you

Should i buy RMMJ house 30km away from city centre

Lonelybird — Fri, 18 Aug 2023 22:13:47 +0800

Dear sifus,

I got selected to own a RUMAH MAMPU MILIK JOHOR(RMMJ) apartment in Pulai mutiara JB. Its a 10 storey medium cost apartment@ 1000sqft for RM150k.

The only cons that i can see now is the place is quite far away from city centre (30 km away) and its newly developed area.

This will be my first property and i started to get worried when i read people talking "Property is always about location,location and location ".

Should i proceed to buy this apartment due bigger sqft and it is quite affordable?

Please google "pangsapuri cendera 1" for more info about the property. Thank you.