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Category: Personal Finance

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Personal Finance

Malaysians are not taxed enough!?

Anyone here felt that they pay too little tax? I would agree and I am also very happy that if I earn more, I should pay more in tax. I know, when one is a businessman, spending is sometimes better than not spending and thus having to report high profits and get higher taxes. Well, there is this remark that the government is not taxing enough. There are suggestions on how our government can get higher tax revenues too. GST was mentioned. Progressive tax was also mentioned versus a fixed regime too.

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ABCs of Personal Finance

MM2H: Comparisons between MM2H vs Sarawak MM2H and Sabah MM2H

If someone really wants to retire and just enjoy a pretty decent quality of life, I think Malaysia is a good choice. We are friendly, our food is super tasty (no need claim this and that like one country) and whether it’s nature or shopping or a relaxing small town visit every weekend, Malaysia has it all. Thus, MM2H or Sarawak MM2H or Sabah MM2H may be something worthwhile taking a more closer look since it seems that there are changes not too long ago.

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ABCs of Personal Finance

Which footballer earns the MOST money in 2024? How much?

Actually, I do think most people could answer this question no matter you love this footballer or you hate him. Not many are in-between. Haha. Yes, it’s Christiano Ronaldo. He is reported to be earning US$260 million in 2024. Yes, this is ONE year’s earning and not from the day he started playing until 2024. Take a look at the image below for the numbers of not just him but also all the other other high earners too.

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Retirement Related

Retire later. It’s better for money and health too

I think it’s good news for Malaysians because we live longer nowadays. Take a look at the ever higher number below: Stats from Department of Statistics Malaysia. Link is here: dosm.gov.my We generally live to 75 years old. Ladies would live longer and guys, please take care of yourself better so that we do not leave so many years earlier than our partner.

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Financial News

Financial news: If I am hungry, I could not continue working lah

If there are businesses who needs to hire interns but could not afford to pay an intern, there are just 2 conclusions. First one is that the business is NOT big enough to hire an intern yet. So the business owner just need to work faster, work more hours, work better and do all of the work by himself / herself. Second one is that this business is just NOT sincere and is looking to take advantage of the situation. Decide on which one and then take appropriate actions.

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Personal Finance

Personal Finance 101: Not enough money. Let us work till 70!?

One of the first few articles I wrote when I started kopiandproperty.com was my lifestyle when I retire. I do think I will stop having any full-time role by 56 years old. When I am 56, my children will be 18 (First Year Uni) and 20 (3rd year Uni respectively). I do not think they like to stay with me and every day listening to my stories, so they will stay at some place nearer to their university and my wife and I would travel.

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interest rate
ABCs of Personal Finance

EPF Malaysia says RM600,000 needed to retire comfortably

Many years ago, a good friend said that she would need RM2 million to retire not-so-comfortably. That’s many years ago, probably she would have changed the retirement fund aspiration higher. Well, the Employees Provident Fund (EPF) says that Malaysians should have at least RM600,000 in order to retire comfortably in major cities. I read through their chief strategy officer Nurhisham Hussein’s comments and I believe this amount already includes the amount needed for shelter; a roof over our head even if we do not own a property.

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