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Category: Renting News

ABCs of Personal Finance

Department of Statistics Malaysia: The 4 main expenditure categories

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.

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ABCs of Property Investment

England has the new Renters’ Rights Act. Should we have a similar one here in Malaysia

I do wonder why this is needed because if I was the tenant, I would have already seen the place. So, when I signed, I am fully aware what I was signing myself into. Well, if the tenant is now able to provide a two months’ notice versus having to pay until the end of the contract, what would be the avenues available to the landlord? Can they also give the same two months’ notice and tell the tenant to leave?

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ABCs of Property Investment

Property Investment 101: 7 reasons why we will fail to buy a property

Not everyone loves to buy a property. Many of my friends remain “propertyless”. Many of them are doing fine and I think with or without a property, they are able to earn enough even post-retirement. In fact one have earned so much that she has retired a few years ago and she was not even 50 then. One failed to get a refinance recently despite showing the bank that she is the owner of three fully paid properties. Reason is because she does not have a stable salary. Well…

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black home area rug
ABCs of Property Investment

Financial news: Harder to buy a property today or a long time ago?

There was a time when depositing RM1 million in the bank as Fixed Deposit will gain the saver 8 percent of interest if not higher and that means this saver could get a monthly interest equivalent to RM6,667 per month. This is the typical salary of a M40 household. In other words, it’s actually possible to take it easy once we have managed to save our first RM1 million. RM6,667 is not a lot of money but certainly enough even for today’s typical expenses per month. I know, it’s much harder to get RM1 million then because the salaries are lower.

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