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***Check out our Breakout Academy: https://breakout-academy.teachable.com We recognise that the ebb and flow of life may not turn out the way you want it to be, like being stuck in a repeated 40 years pattern of being trapped in a job which you hate. Or simply not being able to freely live the life that you want. There is another way, and you can choose. Our Breakout Academy is designed to empower you to create a life worth living for, by focusing on the most important element in your life - YOU ***Enroll in our Money DNA Course: https://breakout-academy.teachable.co... Do you know that your money habits are so ingrained in you that it is so automatic to spend money? It is already hard wired into your DNA and in this course, you will have the power to re-program your Money DNA, to take back control and be the MASTER of money, not a slave. You will get to create a brand new relationship with money, craft out a budget that works for you and never have money woes ever again! Today's video: What does the Cost of Living mean to you? Has Covid affected your livelihood in the past few years such that INFLATION has blown your monthly BUDGET out of proportion? Life seems to be getting harder with the rising cost of living impacting us in every way. In order to gain a better understanding of your daily expenditure, one must be up-to-date with the prices of our everyday products. Also, one should be accurate and concise in your budgeting so that you can work within your planned amount each month without any unnecessary surprises! In this video, we will be breaking down the LATEST 2023 prices in the day-to-day costs in Penang, Malaysia. You will be able to understand and appreciate the various categories of products consumed by an average Penangite. The prices quoted are in Malaysian Ringgit and are kept as accurate and realistic as can be, because it is our mission to bring you an updated True Cost of Living in Penang, Malaysia. Fran and I retired young in the year 2020 at the age of 40 years old in Singapore. We moved to Penang 8 months ago and have been living here. Our intention is to call both Penang and Singapore our retirement homes, as we have families in both countries. We hope you enjoy watching this video, and do let us know in the comment section if you like it! With lots of love - Fran and John Timestamps: 00:00 Cost of Living in Penang Island 00:54 Inflation 03:10 Category 1: Food 09:54 Category 2: Groceries 11:14 Category 3: Transport 14:31 Category 4: Accommodation 17:47 Category 5 Healthcare 18:15 Budgeting Related Videos: Penang Edition 2023 Part 2 - The Real Cost of Living (Wants) • Penang Edition 2023 Part 2 - The Real... Financially Free Singapore Couple Reveals Their Background • Financially Free Singapore Couple Rev... 5 Reasons Why We Left Singapore - A Singaporean Couple Explains • 5 Reasons Why We Left Singapore - A S... 3 months exploring the different sides of Penang that You’ve NEVER seen before! • 3 months exploring the different side... Cooking Our Way into Financial Freedom - A Singapore Hawker Journey • Cooking Our Way into Financial Freedo... Related Links: https://www.cnbc.com/2023/01/12/infla... https://www.cnbc.com/2023/01/13/why-i... https://www.channelnewsasia.com/asia/... Credits: CNBC Reuters Channel News Asia Department of Statistics Malaysia iMotorbike Malaysia Mudah Malaysia Directlending.com Ringgitplus Zigwheels Malaysia Carbase Malaysia Google Maps Propertyguru Malaysia iProperty Malaysia Tenaga Nasional CIMB Bank Follow us on: Instagram: / corporatebreakoutcouple TikTok / corporatebreakoutcouple …. PLEASE SUBSCRIBE: If you enjoyed our video, please ensure to hit the “Like” 👍🏻 button and subscribe to our channel. Do turn on the notification 🔔 so that you will always be notified of our new videos. We will post 1-2 videos a week, showcasing our numerous adventures and sharing our life experiences along the way. Thanks for watching! We appreciate the ❤️ #penang #costofliving #malaysia #budget #budgeting #inflation #earlyretirement