Often when young adults or even adults purchase or rent their first apartment, they mainly prepare plans for their finances. They would usually include multiple areas to cover such as Insurances, Electricity Bills and Rent, Children’s financials if they have any and even price for their petrol if they own a car. However, the one expense that is usually overlooked is the maintenance cost. When the unforeseeable happens, inexperienced house owners tend to lack the capability to adapt and allocate the right amount of money to be used to pay the cost of said maintenance services.
Preparing for Maintenance Issues Financially
For responsible house owners, there would usually have an allocated section in their financial planning that is dedicated to payment for maintenance. But for the inexperienced house owner, expenses such as this do not really come to mind until the maintenance issues occur. Sometimes, not being prepared for sudden emergency expenses such as this can really dent a person’s financial preparations.
Therefore, the first step into preparing for any maintenance issues is to add an allocated slot in your financial plan to be dedicated to payment of maintenance service. In this slot it would then depend on the house owner to decide how much money should be allocated into that slot.
The Allocated Slot in Financial Planning for Maintenance
For the allocated slot there would be two main ways to prepare money in said slot; monthly allocation or fixed allocation.
Monthly Allocation; taking out sum of money at the end of each month to be allocated to the maintenance money and accumulate said amount to have a contingency plan for any and all emergencies.
Fixed Allocation; having a fixed amount of money already allocated into the slot for the payment for maintenance services. Said amount is to be topped up every time it is depleted after paying for any maintenance.
Types of Maintenances to Prepare For
There are a few common domestic maintenance issues that should be taken into account by house owners.
- Air Conditioning
Although there are undoubtedly many more specific maintenance issues, the ones mentioned above are more general and there are more companies that provide a wide range of services depending on the general field.
Services Available in Malaysia
In Malaysia, there are multiple services available for house owners to contact and pay for their services. These services have operating hours such as specified time daily or even 24 hour services.
For a normal domestic household, the more common maintenance issue which is relating to air conditioner malfunction, there are multiple services that provide not only affordable pricing but also a 30 Days Workmanship Warranty. One of the companies that provide this is AireAir with their professional team along with the service and fast response time.
In the case of the more delicate maintenance such as plumbing that people would usually require a more immediate and convenient response team to perform said maintenance. With that come a few variants of 24 hour plumbing service in malaysia. Companies that provide such an efficient service are for VPJ Plumbing and Sanitary Services as an example. Their 24 hour services from Monday to Sunday are most convenient to house owners that experience any sort of plumbing issues.
As for any Electrical Maintenance services, there are also 24 hour services that are provided by some companies. Electrical issues can be as serious as plumbing issues because of the discomfort and inconvenience it would cause when it occurs. Therefore companies such as Nearbyme Biz provide a 24/7 support in case of any electrical maintenance issues.
The existence of these companies and their services give house owners some peace of mind and comfort when preparing for any maintenance issues that may arise in the distant or near future.