Most of the people are earning a mediocre salary of RM2500 to RM3000. The total monthly salary seems to be fine, so you feel that although the salary is not much, life is not too harsh. But have you ever thought about what RM2500 can actually buy?
RM2500 per month, based on a 5 day working day, 20 days in a month, a day’s pay is RM125. If you are working 8 hours a day, that’s about RM15.62 per hour.
Let’s see these product will spend how much of your wages.
#1 cup of yoghurt or milk tea at RM15
This is equivalent to 1 cup of milk tea costing 1 hour’s wages.
#Personal Medicine Card RM250
This is equivalent to spending 16 hours of salary for 1 personal medical card.
#Netflix Monthly Fee RM55
This is equivalent to paying the monthly Netflix fee, which costs more than 3 hours of salary.
#Haidilao RM100 for 1 person
This equates to 6 hours of wages for a meal at the seafood restaurant.
#Buying clothes RM300
This is equivalent to spending 20 hours of your salary to buy clothes 1 time a month.
#Luxury LV bag RM10,000
This is equivalent to spending 666 hours of salary to buy a LV bag.
Although this data makes the low-wage workers a bit helpless, it is still good to recognise the situation. From this, you can understand the limitations of low wages and how you need to start saving money from a small amount, while improving yourself and finding new ways to increase your income to change the heartache of low wages.