christlikekingdom
New member
@donkeyhead btw, do provide more insights. Why would you want to restructure your finance?
How much you are roughly making every month? What's your expenditure?
By the way, don't ever compare to others cause everyone is different. I have some friend who actually maxed out their loan, salary come in 15k go out 15k. But apparently they got lucky where their property rent is higher than monthly payment. But always have extra cash for rainy days which is important.
nothing wrong living paycheck to paycheck, 90% of the society is the same. But most importantly after you restructured your finance, what are you gonna do with your money?
Selling off your car now will it help? You mentioned 1.35k, how many % of your salary went into your car? What's the point of selling your car now by reducing your loan to 400-500 but to get another car? Yes, lesser monthly commitment but the amount if about the same. You're only thinking ways to reduce, but why not thinking of increasing your earning?
How much you are roughly making every month? What's your expenditure?
By the way, don't ever compare to others cause everyone is different. I have some friend who actually maxed out their loan, salary come in 15k go out 15k. But apparently they got lucky where their property rent is higher than monthly payment. But always have extra cash for rainy days which is important.
nothing wrong living paycheck to paycheck, 90% of the society is the same. But most importantly after you restructured your finance, what are you gonna do with your money?
Selling off your car now will it help? You mentioned 1.35k, how many % of your salary went into your car? What's the point of selling your car now by reducing your loan to 400-500 but to get another car? Yes, lesser monthly commitment but the amount if about the same. You're only thinking ways to reduce, but why not thinking of increasing your earning?