Financial planning - the FAT PIG way
"AHHHHHH!!!!!" ms PIG just received her monthly credit card statements.
Just the day before, she was so happy when she got her pay. There was even a hint of smugness when she gave her parents her monthly "family expenses’ contribution", her brother’s and sis’s monthly allowances.
" You still owed me $10 for the cab fare" ms PIG’s dad said jokingly. ms PIG thought he must be joking. (*see explanation)
*ms PIG’s dad and mum and little sis had planned to watch "Batman Begins" at Bedok Princess cinema (yes, the cockroach-infested-and-damaged-smelly-seats-poor-sound-system cinema) since the tickets were cheaper there. ms PIG, being generous, offered her free citibank GV tickets to them. She even offered to watch the movie with them and mr FAT. After the show, they took two cabs home, one of which ms PIG’s dad paid for the ride.Now ms PIG’s dad wanted to claim the cab fare from her…
ms PIG, feeling really happy after seeing her bank account swell again after many days of waiting, snorted as she handed some cash to her dad,
"What is $10 to me? I give you $XXX instead of the miserly $10! ha ha!"
Well, that was before she receive her credit card and handphone bills….
"Like that, how to save $$$?!? Everytime it(bank account) swell, after a few days, it will be slim again! If only my waistline could behave like my bank account!" ms PIG whined.
"How to plan for our wedding next year!?!?" ms PIG continued her incessant whining.
mr FAT, being the more budget-conscious, kept quiet and looked through the bills one by one. Without a word, he went to the toilet.
10 mins passed.
mr FAT emerged from the toilet and started babbling in a business-like tone,
"I have got an idea to manage our finances."
ms PIG stopped reading her latest copy of Her World Brides (she busted her wallet’s remaining 7 bucks on this mag) and looked up.
"As I was doing-some-big-business in the toilet, I thought of this idea. Why not we limit our spending to $100 per week?…" mr FAT proposed.
"Wah…$100 for two persons not enuf leh…" ms PIG interrupted.
"I mean $100 per person a week. This $100 will include transport and meals." mr FAT explained patiently.
"Then it’s a bit too much for one person, leh…I dun spend so much in a week wah.." ms PIG said as a-matter-of-factly.
"Are you sure? Do you know that you spend about $500 using your credit card every month? Just look at your credit card bills. $100 per week may sound like a lot, rite? But actually its just the right amount for you to spend." mr FAT convinced ms PIG.
"Ok, so if I spend less than $100 for this week, I can buy myself something with the excess $$ the following week?" ms PIG asked innocently.
"Of course!" mr FAT happily answered.
"Ok! I will take your idea! We start today since its the start of the week. So if we eat out or go out, all expenses will be on your $100 since you are the guy and guy supposed to pay for the gal and u normally spend less and my travelling expenses are higher as my workplace is located further……So where are we going for our breakfast today?" ms PIG rattled on, leaving no chance for mr FAT to respond.
"Whatever!" mr FAT threw his hands up in exasperation.
afternote: Its only the third day into this new financial plan and ms PIG’s $100 is already disappearing….
