ABCs of Personal Finance
Property Investment 101: Rent all you want lah, this is the average across Asia.
How much should we pay for rental? Is it 30 percent of our monthly pay?
How much should we pay for rental? Is it 30 percent of our monthly pay?
Personal Finance 101: Earning more does not equate to a better future unless… Yes, S$1,800 is equal to RM6,270 A few uncles have mentioned to
Study in Australia? Please show me your RM100,000 first Education is always an expensive investment Is education still needed? My answer is yes. My full
Personal Finance 101: Need a degree or skip the degree? I think there is no end to this debate, right? Someone pointed out to me
Trending: Malaysia has a rising number of YOUNG millionaires. Are you one of them? Article in malaymail.com Malaysia reportedly recorded a 75 per cent increase
Overseas vacation? Malaysians can go to these 3 countries. Can we visit anywhere overseas with ringgit at current low point? Okay, if we are very
Personal Finance 101: Do you buy a car because it saves petrol? Must we save money via spending less on petrol? (Or electricity if we
Ever wondered what’s the EPF dividend per year? How about stretching it longer and see how it has been for the past 20 over years? If you guessed that it’s higher than the fixed deposit rate, I think you are right. In fact in recent years, when the FD rates are so low, EPF is like a beacon in a storm. Still shining through to give us decent returns for our hard-earned money / contribution. The below is the average since 2020 – 2022.
I could be very aggressive and I invest into a start-up which would most probably fail. However, if I invest into 10 of them, perhaps one of them could be a huge success; unicorn status. I could be very conservative and just put all my money into the Fixed Deposit in the bank and happily earning the interest every year. This is a personal decision and everyone can just decide what they want, take action and live with it. EPF is not an individual. I need EPF to continue to give me stable returns every year until after I retire. Period.
Perhaps we did not start the course we wanted to start, well, perhaps this year we should start the course so that we could deduct up to RM7,000 from the total income yeah. This should help tremendously in lowering the tax or maybe even the bracket which we are in as well. This investment should help us to gain an additional qualification to become even more valuable in the corporate world. Or perhaps a qualification to enable us to take up a new role?
Today, we just focus on renting a room or renting a bed space inside a room. We will look at these two options as the more affordable options for a working adult intending to ensure he / she does not spend too much on rental and is able to save a good amount every month while working in Singapore. By the way, no point in paying too high for rental yeah. The one getting richer is just that owner you pay to every end / beginning of the month.
Ageing (Aging), Aged and Super Aged nation. Huge difference yeah. Malaysia is NOT yet an aged nation yeah Article in nst.com.my with this title: “Population