Finance Malaysia Blogspot: What is EPF's Expenditure Guide called BelanjawanKu ???

Since a reference budget is a useful tool on many levels, the Social Wellbeing Research Centre (SWRC), University of Malaya has started a research programme aimed at compiling a “Reference Budget for Malaysians”, or Belanjawanku, the first results of which are laid out in this publication.

Belanjawanku is a compilation of detailed minimum monthly expenses for different baskets of goods and services consumed by different households, to achieve an acceptable standard of living.

Huh? How much is considered enough?

It is based on actual spending patterns of individuals and families from urban households in the Klang Valley and can serve as a guide for monthly expenses and personal budgeting.

It was breakdown into these 6 categories of the household sample and developed based on actual spending patterns on common goods and services by urban households in the Klang Valley. The final outcome was as below:

Let's Breakdown in Details:

As mentioned, this serves as a guide only for Klang Valley households. Take it lightly and kindly appreciates the efforts put in by various parties. We don't have to argue with it.