ASKING SEAN #065 | FOMO SYNDROME

In this episode, I've explained why an audience shouldn't buy a property before even exploring the real world of working.   I've suggested him to first get a job while figuring out what are his passion, then to get off from the parent's expenses as soon as possible, get 6 months of emergency fund established before thinking about buying a property.   The property he was intending to get requires RM 3300 per month for the next 35 years and the only reason to get it was because of a promotion of 18 months installment free. What about the remaining 33.5 years? The installment amount already exceeds the median income for a fresh graduate.  Plus, students have no clue on how much does it take to be entitled for a loan of RM 700k. And parents are just too kind to their kids. So I really hope this reply will help=)