Here's One Of THE QUICKEST WAYS To Clear Your Debt
Assuming that you are currently earning a salary of RM2,200, it means you are spending almost all of your income with only RM200 left for incidentals. Once you have identified your spending categories, the elimination budget requires you to remove one of these categories, starting with the least important one.
Based on this budget you can start by removing the cafes and snacks category. This means you have to stop spending on anything related to cafes and snacks, so you can save about RM100 a month.
Once you have successful eliminated this category, you should go through your budget again to identify the next category to eliminate. Give it a few months to get used to removing one category before you start on the next one.
If you decide to remove the entertainment category next, you will have to refrain from spending on movie tickets, music subscription, books and other forms of entertainment.
Keep removing categories until your spending becomes less than your income.