On the topic of buying houses, I’d like to bring up what happened to my cousin to highlight the old adage of cutting your clothes according to the cloth. It was 3 years ago, when he got married and in less than 2 months, he and his wife threw most of their savings into a double storey link house in one of the most popular and expensive real estate in Malaysia, the Tropicana. The amount they pay for a simple double storey link house is quite obscene, personally. Unfortunately, fate dealt a bad card to them as his wife was diagnosed with cancer of the nose. The following months of cancer treatment were financially devastating. My cousin were financially exhausted and their house were months behind mortgage, on the brink of foreclosure. Family members chipped in to help with their financial problems.

Therefore, it’s never a good idea to invest beyond your means as you’d never know what’s around the corner. Life might just throw you a curve ball out of nowhere and knock you off your feet unsuspectingly.