AKPK Debt Management Plan, Zero Car Loan, And Partially-Paid Monthly Home Installment Loan.
I am supposed to blog about my situation next week, but I can’t withhold it any longer. I need to let out of my worry/concern a bit so that I won’t keep thinking about it.
So, what is it that has been bothering me since last week? Well, it’s hubby’s decision to turn part time after suffering constant dizziness and headache.
Since two months ago, he has been plagued by dizziness or/and headache very often. From once a week to two times a week to now, almost every day!
The initial blood test shows that it’s his ESR that causes all the dizziness and headache. According to the doctor’s advice, he should cut down on his workload and stress simultaneously so that he can sleep better and longer at night. Decreased workload also means he will have time to rest and do exercise. Subsequently, his health condition will get better.
Switching from full time employment to part time basis means hubby’s income will be slashed by half. Instead of bringing home RM2,200 per month, his income will be RM1,100 or even less.
Will the decrease of RM1,000 affect our finances and thus bring us more debt? Of course not. It’s just that our plan of hitting RM10,000 for our Joint Account Fund, RM10,000 for our E-Fund account by the end of the year will be slowed down tremendously.
This means the amount of RM1,000 that could previously be saved up is gone with the wind. It’s RM12,000 a year, you know.
Hello, Vedis the AKPK DMP Blogger, you have come a long way, so please stay positive!
I am thinking if there are ways to squeeze out RM500 or more to be saved up. What about cutting down on eat outs? What about working even harder on building links to my niche blogs so that they can bring in more sales?
Phew, thank God that hubby and I are in AKPK Debt Management Plan! I am even grateful that we have zero car loan and the home loan installment is partially paid by the existing tenants.
What am I hoping/praying? I am praying to God that there is a way I can still keep saving for the emergency funds at my current speed.