Malaysia’s Financial Blogger | Financial Freedom Ideas | imDavidLee.Com

Own More Than 10 Credit Cards ?

Is it good to have more than 10 credit cards for one person? Would it be tough to get housing loan or car loan since so many commitment involved?

There are some cases where people use their multiple credit cards to fund the business and in the end they go bankrupt, spending half of their life paying debt or run away from the debt to another country. In contrary, I feel very proud myself among credit card holders because I never owe bank even a single cent.

To get a widely accepted card and globally recognized, then you may try apply HSBC, CITIBANK, UOB since this is the top 3 overseas bank in Malaysia.

Let me share with you what are the benefits and drawbacks of using multiple credit cards:

Read More …

How To Boost Blog Traffics?

When I first started blog I used to get only about 10-20 visitors per day. After few months, I started getting traffic from Google and other search engines and my unique visitors increased to about 50-70 a day.

A good design won’t bring you traffic but it will get your visitors to stay longer. So the first thing to do is to select a good theme for your blog and then design your own header. The goal is to have a unique blog that stands out from all other blogs.

Read More …

Consequences of Never Paying Back PTPTN Loan

What action will be taken by government if did not payback PTPTN loan??

You’ll probably get banned from going oversea and unable to get any loan from bank in future. And, it will affect your next generations too.

Did you receive any letters chasing for the repayment? If you got and keep on ignoring those letters, their lawyer will send you one final reminder letter. The compound will be issued after you received the lawyer letter but still refuse to pay.

Interest rate is 3% only. Usually they start charging interest 6 months after graduation. They put it as administrative cost in the statement and they are actually charging it every month, which is depends on the loan balance. If you don’t pay now, the so-called administrative cost will keep on accumulating. So, finishing the payment as soon as possible will be better as it is compounded. Try to think mature; don’t let others immature behaviors affect you.

Read More …

Health Important Than Money ?

What is the connection between money and health? Many people probably making the best money of their career but spending little time for their health. What is the use of money if you don’t have great health? So, these are the thinking that may motivate you to make your own stand.

Always ask yourself…Would you like to be able to retire rich and healthy? If yes, then you should do something for your future. According to the recent survey, high living and high-pressure lifestyle will encourage someone to suffer more badly. In the other words, people who are rich is not as healthy as average person.

Read More …

Why Choose Jobstreet ?

If asked where to look for jobs, someone will surely say “JobStreet“. With its large network covering 9 countries like Malaysia, India, Singapore, Philippines, Indonesia, Bangladesh, Vietnam, Japan, Hong Kong, there’s no doubt that JobStreet has always been one of the ideal choices among job seekers and employers.

For me, it has higher accuracy match job. As a jobseeker the site speed is quite fast and they had dominating the market for years. But, the drawback is there got quite little request for interviews each month.

For JobsandMore, the job opportunities listing is still considered relatively little. Well, perhaps it is still new in the industry, probably it takes some time to be known.

JobStreet Vs JobsAndMore

In terms of physical layout, JobsAndMore doesn’t offer better sense because it cannot show own identity as jobs posting site. The job search mechanism seems not being focused and highlighted.

Furthermore, it doesn’t provide the facility of alert email subscription.

Make Money From Recycling

You can recycle all your unwanted items; this is to reduce the waste. Besides, don’t feel that those old unwanted items might be junk to you because it might be useful to someone else.

Make money taking care of the environment is the value of appreciation. Recycling newspapers is one way to get money without getting another job. You can have many ways to collect old newspapers. My ideas is you can try to write a sign and post it on notice board, have it say, “Free up space in your home, send me your unwanted newspapers!” Or go to coffee shops and ask for some.

“Reduce, Reuse, Recycle” should go without saying. Reducing the amount that we consume, and shifting our consumption to well-designed products and finding constructive uses for “waste” materials will become the next.

As a matter of fact, Zhang Yin, a 49-year-old paper recycler from China is the world’s richest self-made woman.

So, what are you waiting for? Faster take an action !!!

More Appreciate Self Made Wealthy

Is there really a secret to learn how to become rich, or is it just a matter of luck? In reality life, as we can see, there are lots of millionaires are often under educated. Education will only help you to earn a decent income, but it will not help you to build wealth.

For Nouveau Riche, they will have sizable assets. However, for people who have high income, they only can support a certain lifestyle. Anyone who can stay out of debt, save portion of their money and invest wisely then they will become wealthy over time.

Read More …