Lowyat.NET: Latest topics by LameAsH

Study can really give u a bright future?

LameAsH — Mon, 25 Jun 2012 02:11:26 +0800

I feel demotivated to continue my study guise, im now 21 and still stuck with a damn diploma curse. See, ive been skipping class like everyday and i still pass my exam easily. Does this thing can really help me in my future? (i doubt so)
College life is not fun at all. Wasting my time...

My sister is a uk degree holder but she still have to work from day to night and almost OT everyday for very little pay. (cant even afford to pay for the car installment or rental)
Watching her miserable life makes me think twice about continue-ing my study.

Everyday having sleepless night thinking about my future and i can see nothing. Do u guys think its a good option to stop my study and find a job to do.

Actually ive already got a commission base job(not streamyx, mlm or insurance) and im now working as a part-timer. Plan to stop my study for 1 sem 1st and try to see what can i achieve.

Need some advice from u guys. What is the best way to tell my dad about this? Or anyone been there before? What was your decision and do u regret for the decision u made?

Thank you very much for reply. May god bless u.

Pay by CC or car refinance?

LameAsH — Sun, 25 Dec 2011 06:59:39 +0800

Ok, new year is coming and my father is running short of cash(workers is asking for early pay, client is delaying their payment and me and my siblings are still in college which the school fee is not cheap and all being bare by him alone).

He is going for car refinancing and the loan already approved(but havent sign yet). He got a 3.4% interest rate for a 50k 7yr loan(mainly for the college fee).

Do u guys think paying the school fee with a credit card and clearing the debt monthly and consistently without delaying with the minimum repayment of 5% is a wise decision? (i saw the T&C mentioned must pay at least 5% of the balance or else there will be penalty, but it never mention whether there is any charges if i pay 5% accordingly)

So what is the normal charges if the debt was paid with a minimum amount every month? Is there any limit of time to clear the debt?

IMO
Pros of car refinance:
1. Lower interest rate?

Cons of car refinance:
1. Low flexibility, fix interest rate and cant save much even if early settlement.
2. Worst case scenario car will kena lelong. (more likely i will have to stick with this car until the loan finish? )

Pros of Credit card:
1. Im not sure but base on the limited info that i get the interest we pay can be lower than having a car mortgage. (not sure on this)
2. Can save more on interest if money comes and do a early settlement.
3. No need mortgage car.

Cons of Credit card:
1. Insane interest rate if late payment.

Can u guys help me to add on or correct me(if im wrong on any of the statement above) the pros and cons of both and also answer of the above questions? Which option do you think is better? Need some good advice to help me out of the crisis.

Thanks everyone and Merry Christmas.

Looking for used car

LameAsH — Wed, 26 Oct 2011 16:59:32 +0800

hi guys, i have a budget of 20-30k in cash from my dad to buy a used car...
im still a college student and im looking for a cool car and FC is important for me...
currently driving my dad's car which is goin around 25sen/km, so i wish to find something that consume less petrol(at least not that much)

personally found the 2005-2006 hyundai accent RX-S EDITION looks like quiet a nice deal... now selling 2x k only and it definitely looks good enuf (at least for that price)

» Click to show Spoiler - click again to hide... «

what do u guys think about this car? is it hard to maintain? alot problem? any owner or x owner here?

do u guys have any suggestion of car around that budget?

Any positive and constructive suggestion is very much welcome here... thanks...