~hitam putih kehidupan~

People around me starts doing Masters Degree already. I still stuck at my Bachelor Degree. I was browsing the net and suddenly feels the urge to check out Masters programme. I have been thinking about Energy for quite some time.

I must have a 5 years plan, and then the next 5 years. I know that one thing for sure I am planning to bring my parents for Haj in the next 3-5 years, insyaAllah..after that I have to strive for another milestone.

I have never been a planner in my life. I took one thing at a time. But it hits me, I have been wasting a lot of my time, whereas in fact I could have done more. Hence, comes this post. So in about 6 years my car debt is going to be paid. I have no plans to buy new car. So by 2009 + 6, 2015 I will be free of car debt and hopefully at that time dah pegi Haji, insyaAllah.

Haji plan : Total needed RM45000 for 3 ppl,
Savings : RM 500 per month
Time needed : 7.6 years. I have been saving for 2 years now. So another 5 years, and my money is enough. (will be faster if I put in my bonus ~RM 5000 for 2010 and 2011)

My current housing loan, will be paid in full comes 2007+20, 2027. Well, actually I can have the window in 2015, if by that time I am able to save enough money and only rely on interest to pay up my monthly expenses. I figured that I will need at least RM2500-RM3000 per month for home loan, mom+dad expenses + maintenance.

So by calculating backwards, if the interest rate is 3%, I must have at least RM 100,000 in my saving. This will be a true case if I hit a jackpot, which means I get an expat job and work hard for 3 years.

Currently I have no savings at all. I can only start saving after World Cup 2010. This is considering I abandoned all my renovation works. So, say I only have 6 months + 5 years = 66 months to get RM 100,000. I would have to set aside RM1500.00. Which is reasonable though, coz I already allocated RM 1500 for reno every month. Hmmm...now I think my plan can work.

But then I am considering to buy another house. So if at all I have pay increament, then I can have the budget for another house.

So now I have to stick to my plan. There isn't likely I will pay for anybody's kenduri now, and certainly not my own. InsyaAllah. The plan is to save RM1500 each month from July 2010 until end 2015 and then plan for my own Master or PhD, preferably outside Malaysia, Master in Energy.

I am not planning to quit Shell, take sabbatical leave and do various job to earn a living while taking Master and PhD, insyaAllah...I think I can work this out. Not bad eh? since I only started working in 2005, so I can say that I gain myself a 10 years experience and then allow myself a time off to do things for myself which in this case, my masters Degree :)

Ya Allah, please give me the strength to follow through with my plan...InsyaAllah.

p/s: This is as far as the planning goes, lets cross the bridge when we get there ok?