Salleh and Hawa have been married for 5 years. They own a condominium in Petaling Jaya, and have no children. Salleh is 28 and Hawa is 26 years old respectively. Both have set their longest term financial goal 34 years from now for their retirement. Salleh has just completed his final year as an engineer, working in an manufacturing company. Hawa an MBA graduate is working at a local advertising company. Both love to travel and enjoy water sports. Before they want to start a family, they want to to ensure that they are financially stable and have set up their children?s education fund and well as meet all their short and medium goals. They have decided to compile a list of their expenses so that they can see clearly. Below are information of their expenses so they can a regular savings program:-

Items Annual Expenditures (RM) Balance of long term loan (from parents) 19,200 Wages and Salary - Salleh 240,000 Jewellery and artwork 6,000 Current account - Salleh 3,040 Homeowner fire insurance premium 4,800 payment Wages and Salary - Hawa 93,400 Condominium (market value) 900,000 Life insurance premium payment 7,460 Stocks 15,000 Stock dividend received 480 Salleh's bonus 12,200 Toyota Camry (market value) 92,000 Auto insurance premium payment 7,120 Short term loan 700 Dental/medical bills 500 Mortgage payment 47280 Household furnishing 14,800 Credit card balance - Hawa 1,200 House repair 4200Mutual funds 9,000 Outstanding housing loan 640,000 Auto loan payment 10,080 Retirement funds 16,000 Savings Account -Hawa 2,900 Credit card balance- Salleh 1,880 Income tax- Salleh and Hawa 73,276 Money market funds and deposits 3,200 Balance of auto loan 17,400 Corporate bonds 4,000 Corporate bond interest received 780 Credit card limit - Salleh and Hawa (each) 10,000 Education loan 15,200 Electric and water and cable tv bills 7000 Phone bill and internet 1920 Maintenance fee for condo 960 Groceries 9700 Car maintenance 9,060 Fine dining 13,600 Hospital bills 1,220 Medical checkup for both 9,000 Shopping expenses 6,800 Property tax 8,400 Purchase 3 unit air conditioner 5,000 Laundry, cosmetics and hair care 2,800 Vacation 18,520 Tuition fee and books 5,600 Holiday/birthday gifts 860 Education loan payment 3,600 Paid parents' loan 2,400