Me & My Money Series (Sunday Times)

[KopiKat]

I am a spender. I save $2,000 every month and spend $4,000. Most of it goes to my car. The monthly loan is $2,000 and the petrol costs me another $650.

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Now, I pay $500 a month for my life insurance coverage.

Amazing how little he's spending on himself (less car + insurance),

$4000 - $2000 - $650 - $500 = $850

Either he's frugal (but the amt he's spending on his car does imply he's not a frugal person) or he ought to be ashamed he's living off his parents / wife!

Edited : Corrected calculation to $850 (previously, $950 was wrong). Even lower !