Monday, June 16, 2008

The fuel price-hike is killing the people

Is RM 3000.00 sufficient for a family of 4?
1) Assuming that an average family of 4 earns RM 3000.00 per month, would that income substance under the current high-inflation and slow economic conditions?
2) How many percent of the household have a monthly income of RM3000.00? Maybe only the top 25-30% salary men have such an income?
3) How can such a family change the lifestyle as every item in the list is basic and nothing extravagance at all.
4) By the following analysis, many Malaysian families would not be able to substance under the current high fuel price and high-inflation economy under the BN.
5) The conclusion that can be drawn is “Malaysian have no way out except for either a reversal of the pump prices to RM1.92 per liter and RM1.578 per liter of petrol and diesel respectively or the down fall of the BN.”

Under the following analysis, even the RM3000.00 family runs into budget deficit or RM 350.00 and its only option is to sell the car/house or let the bank repossess the vehicle or sell the house by auction.

The kids have to forgo the tuition and college is out of the question. No more KFC or Pizza Hut or McDonald or weekend’s eating out. No more Astro and no more holidays’ trip for the family.

No beauty parlor for the lady and no cosmetic of course. Don’t even think of being lay-off by the employer and hope that there is no mechanical break-down or maintenance works required for the vehicle or house.

The average Malaysian family would suffer in the time ahead and worst still, the government is simply not listening apart trying to hang on to the power.

Average monthly expenditure of the 4-members household:

Item RM
House rental/ housing loan 500
Car installment (RM30,000 loan for 5 years @ 4% interest) 600
Petrol plus school bus 250
Insurances 200
Utility bills. Sesco, Water and others 150
Food Breakfast RM7-breakfast, RM 15 -lunch & dinner(RM37/day) 1100
Tuition for kids @RM100 each 200
Medical bills 50
Telephone bills RM50 each for adult 100
Entertainments such as coffee shop break @ RM 100 each for adult 200

Total 3350

4 comments:

Anonymous said...

Ya lo, the rest who can't earn RM 3,000 can go to the welfare or just join many of our friends on the streets to become professional beggers.

To the people who took money from the politicains and voted for them, i wish the RM 200 is sufficient to cover the petrol hike for the next 5 years. Good luck to all of U, Jack Axx.

Anonymous said...

Surely many regretted that the voted for the BN and now they really wish that they voted differently.

Malaysia will become the 3rd world country if not for the oil resources. The BN has spent all the money collected from the oils and gas and now the state coffer is empty. So increase of fuels price is the only alternative for the BN now.

To all the poor Malaysian, i can only say "Good Luck".

Anonymous said...

Change your lifestyle
--------------------------

Sell off the car. Petrol and insurance no need anymore.

Eat cheaper food. Everyday kampua.

No need private tuition. Force the school teachers to stay back and tuition their students free of charge.

Throw away all your mobile phones. Have only one cable phone line at home.

For coffee break, drink only. Don't eat.

From one very intelligent think tank person.

Anonymous said...

How about that? RM3000 and still can't keep our head above the water of "high fuel prices and high food prices"?

Never mind, the God is watching and no man can act unilaterally to bring hardship to the others, not even the power that be.

Remember that we are just visitors on this planet and all the resources were given by the one above, the God. If someone thought that the resources are his, then the judgement day will see the truth.

Let us keep our faith and trust that God will provide relieve, no matter how hopeless the situations may appear.

Pray and thou shall be heard!

Juat one of the God's servants and friends.

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