Room rental: +- RM300 per/month
Car insurance + Roadtax: +- RM700 per/year
Petrol: RM120 per/month
Hi, my name is Kamaluddin. I am 19 and will be taking a 4-year engineering course in (UMS). As I am from Pitas, I need a rental house or room near to the UMS campus so it will be easy for me to commute to the class every day. I will been given with a private scholarship of RM 800 per semester. There are two semesters in a university year. I am very lucky, my sister who currently working as an engineer in Petronas, agreed to give me a loan of RM 6,000 to help while I'm in UMS. I don't have to pay her back until I finish college and I don't have to pay any interest! I am thinking to get a part-time job as a waiter at Pizza Hut 1Borneo where I could work 20 hours a week for the wage of RM 5.50 an hour, but I can only work when I don't have exams coming up. This means I work for 14 weeks for every semester. During the ten weeks semester break, I think I could work up to 35 hours a week, which will be great. My father will give me a new Perodua Axia for my use throughout the time at UMS. But, I need to pay the car insurance and road tax by myself as well as filling up the petrol. I also made a promise to my mother that I will drive back to Pitas to see them on every second and fourth weekends of each month. Based on Kamaluddin's case study; a) Prepare a budget for him for one year. a. You need to find and recommend a suitable rental house/ room with affordable rental rate and nearby location to Kamaluddin. Elaborate your recommendation. b. You need to calculate all the cost of the car usage (car insurance, road tax, petrol consumption, etc.) with details of travelling distance from/to rental house/room-UMS, from/to Kota Kinabalu-Pitas, other places. c. You need to allocate the amount of money to be spend for foods, utility bills (electricity, water, internet, maintainance, etc.), university expenses, clothes, entertainment, etc. d. Make sure that you add up all the money Kamaluddin has coming in and going out. At the end calculate whether or not there is money left over. b) Write a discussion and conclusion from the Kamaluddin's budget. Hi, my name is Kamaluddin. I am 19 and will be taking a 4-year engineering course in (UMS). As I am from Pitas, I need a rental house or room near to the UMS campus so it will be easy for me to commute to the class every day. I will been given with a private scholarship of RM 800 per semester. There are two semesters in a university year. I am very lucky, my sister who currently working as an engineer in Petronas, agreed to give me a loan of RM 6,000 to help while I'm in UMS. I don't have to pay her back until I finish college and I don't have to pay any interest! I am thinking to get a part-time job as a waiter at Pizza Hut 1Borneo where I could work 20 hours a week for the wage of RM 5.50 an hour, but I can only work when I don't have exams coming up. This means I work for 14 weeks for every semester. During the ten weeks semester break, I think I could work up to 35 hours a week, which will be great. My father will give me a new Perodua Axia for my use throughout the time at UMS. But, I need to pay the car insurance and road tax by myself as well as filling up the petrol. I also made a promise to my mother that I will drive back to Pitas to see them on every second and fourth weekends of each month. Based on Kamaluddin's case study; a) Prepare a budget for him for one year. a. You need to find and recommend a suitable rental house/ room with affordable rental rate and nearby location to Kamaluddin. Elaborate your recommendation. b. You need to calculate all the cost of the car usage (car insurance, road tax, petrol consumption, etc.) with details of travelling distance from/to rental house/room-UMS, from/to Kota Kinabalu-Pitas, other places. c. You need to allocate the amount of money to be spend for foods, utility bills (electricity, water, internet, maintainance, etc.), university expenses, clothes, entertainment, etc. d. Make sure that you add up all the money Kamaluddin has coming in and going out. At the end calculate whether or not there is money left over. b) Write a discussion and conclusion from the Kamaluddin's budget
