DATA: RENTERS’ WEALTH GAP REACHED RM5,000 LAST YEAR; JOHOR GETS BIGGEST GAINS Kuala Lumpur, 27 January 2026 — There’s a wealth gap in the property
Maybe this is also because I do not own the latest handphone model… I do not try to show off with a non-national car brand which is suffocating me financially every month… After 30 years of paying for a property, I no longer needed to pay rental… plus I have more than 1 property and I could sell that extra property for funds which I could use for anything of my heart’s desire? This is why I do believe I do not wish to touch EPF savings which receives very healthy dividends every year.
In 1999, I had to pay tax for the 2nd year and it was even higher than the year before. So I told my mum that I feel it’s unfair to pay ever higher tax. My mum said that if I do not wish to pay ever higher taxes, then I need to ensure I do not earn ever higher salaries. Whoops. Haha. That was the time when I decided I want to pay ever higher taxes as long as I earn ever higher salaries. This is why I believe tax and death are the two things no one can ever run away from. Remember to stay as healthy as possible so that we can continue to enjoy what we want to do. Coming back to the tax topic.
Teachers in Malaysia are set to receive a salary increase under the Public Service Remuneration System. The Education Minister announced a 15 per cent rise for support and management staff, and seven per cent for top management, effective Thursday. Comparatively, salaries for teachers in Hong Kong are significantly higher, reflecting different living costs.
Achieving RM1.3 million in EPF savings may be challenging for Malaysians, but experts suggest it’s possible through disciplined saving and employment strategies. Personal finance advice should include property investment and considering longer retirement ages due to rising living costs. Consistent salary growth is vital for building adequate retirement funds.
Higher starting pay? What to major for the future? Choice of RBT (Reka Bentuk Teknik) versus ASK (Asas Sains Komputer) for lower secondary school My
Expert Opinion: The RIA Framework Is a Wake-Up Call for Malaysia’s Retirement System As everyone may have read on many occasions, I do write often
The above is an assumption that both person stay in the expensive city; New York and Kuala Lumpur. Frankly, there are still lots of choices below RM10 per meal. However, trying to find something below US$10 will not be easy yeah. There’s tax and there’s tips too. However, we are not speaking about Malaysia today. Let’s just look at the countries where the people earns the most and also how far their money can stretch.
My wife just ordered a raw tuna sushi this afternoon in the Nishiki Market in Kyoto. Erm… not for me. The only time I had sushi (raw one) was way back in Tokyo in the Tsukiji outer market where one particular shop had a super long queue. Taste was ok but nah… not my type. I do think price of Tuna reflects the economic condition too. If it’s very bad, people would not want to spend so much and thus the prices cannot be that high. Of course as usual, when economy is bad, then every other demand also goes down too including property. Coming back to the amazing tuna auction price.
Do take a look at the below and think deeper. Are all these expenditures the ones which we could not avoid, we could not reduce and we could not run away from spending? You have the answer. In fact sometimes, as I walk past a cafe, I tell myself, I still have free coffee at home. Haha. It does NOT work all the time. That’s why I always have some balance inside my ZUS Coffee app these days.
I often hear some views about the household income in Malaysia which goes along these lines. T20 households would mean a comfortable life. M40 would have to do a balancing act between needs and wants. B40 would have to reduce expenses as much as possible and focus on needs day in and day out. Well, it also depends on what the different groups do with their income or maybe the circumstances. I know if they have children, they will need to spend more.
One millionaire grouped with a fresh graduate and the average number represents no one. Median however simply meant the middle value which is typically the place where most people would be. Just that there are still the highest and the lowest side. Do take a look at below chart depicting the wealth person and it shows the fifteen highest in the world.