My first priority is to clear all my debt. That means I have to spending less and do more saving. I plan to clear all credit card debts one by one till all fully paid. The highest debt is from Hong Leong bank and followed by Citibank. This is not easy job since the debt is over 100k. If I pay monthly 10k so I need about 1 year to clear.
Apart from the credit card , I have to pay car loan and house loan. My car loan will be finished in Oct this year. So I save about RM 1550 per month. Citibank loan will be finished in May 2013. I will save about 1800 per month. P1 monthly payment contract will be expired in March and I save about 149 per month. My Astro is not cut yet? Waste about 45 per month.
The other most important thing to do is to refinance my house. I can save about 4 % per month for the interest rate. Should do in this year. Next Friday I will go to RHB bank. I have to search which bank offer the best rate for refinance.
Whoa...not easy task to do..planning is the best way to save and get more freedom from all this hell.
Free From debt is like free from stress. So FINANCIAL FREEDOM.
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