2008 October | Malaysia's Financial Blogger | Financial Freedom Ideas

The More We Spend The Higher Rate of Return On Investment Needed [ September 2nd, 2010 ] | 90 views | Leave a Comment

I believe that those who are ‘thrify‘ will grow wealthy, and those who are ‘spendthrifts‘ will become poor. During my school time, i already have a game of adhering to my budget in which saving 50 cents out of my pocket money. As i known, the discipline of being able to control our spending and save consistently would make us success in the later stage.

big spend

For those who are from top management level who earn more than RM10k per month does not necessary that they can live wealthy. Let’s take an example, the managing director of a multinational corporation, who was earning RM120k per year. Given his hefty income, we expected him to have great substancial amount of money over the years, right? However, sometimes we may found that quite a great number of them whose total assets actually is less than RM500k while the net worth is less than RM200k. Plus, more than 70% of his net worth was from EPF savings.

Leave a Comment | Posted in » Finance Tips

Global Economic Rankings

Based on global competitiveness report 2008-2009, United States continues to be the most competitive economic in the world and closely followed by Switzerland, Denmark, Sweden, and Singapore.

From the analysis of top 10 global economies ranking, Singapore, Netherlands and Canada are on the way up. Singapore top ranked among Asia countries due to the strength of market efficiency and having the world-class infrastructure like transport facilities.

Economic Ranking

Why US Economic Still Top Ranked Globally?

October 31st, 2008 | Posted in » Economic Analysis | 1 Comment | 3,627 views

How To Get Google Sitelinks?

Have you ever searched for something on Google and the top search listing had subpages listed for the Website? This is called Google Sitelinks. Sitelinks are generated automatically by Google, you have nothing to do in order to get them. Google will check your site if your site has enough contents and at least 1 year old.

Most of the famous blogger like IT Engineer, proBlogger.com, TechCrunch.com will have their Sitelinks displayed but when I type imDavidLee, no Sitelinks displayed. Thus, I still need to work hard on this. I noticed that most of the blogger’s Sitelinks will be displayed if their search result exceed 10,000 when their particular name is being searched.

iCalvyn
Problogger
Techcrunch
imDavidLee

Tips For Getting Google Sitelink

October 28th, 2008 | Posted in » Google, Internet Resources | 12 Comments | 7,670 views

How To Write A Cheque?

Many people know how to receive and make cheque deposit but some of them may not know how to write a cheque. Actually I never issue a cheque before but I know the ways to write it.

You have to open a current account and put initial deposit into its. However, you will not earn any interest on the balance in the current account. Make sure that you always keep record of your current balance because the bank statement will not indicate the most current balance and normally show an earlier period of transaction.

My Tutorial On How To Write A Cheque

October 24th, 2008 | Posted in » Finance Tips | 4 Comments | 16,274 views

How US Affect World Economy?

Generally speaking, US dollar is used in most international transactions, so if anything happens with the US economy, it will affect global economy as well.

US economy

With the gas and fuel prices going up, slowdown in real estate market and the dollar not worth as previously, then consumer’s spending power will be decreased. Subsequently, this may cause major companies to earn less and their share price definitely will drop. Indirectly, other countries will suffer less demand from US and then the export of goods will be affected too. Try imagine how danger’s was it!!!

October 22nd, 2008 | Posted in » Economic Analysis | 4 Comments | 3,421 views

How Paypal Calculate Exchange Rate?

As you known, Paypal is worldwide acceptable Internet Payment Gateway. And it provides us more comfortable and trustable way to do online transaction.

Paypal

Back to 3 months ago, I made a $500 withdrawals direct to my Public Bank debit card. And I checked the bank exchange rates (USD->MYR) for that day was 3.18. The exchange rate that appeared on my credit card bill was 3.15 only. That’s an average of 0.03 differences for that transaction. This means that PayPal will straight away convert our withdrawal amount (maximum withdrawal of US$500 per day) to Ringgit at their own lower USD/MYR currency exchange rate. Besides, Paypal also charges $5 withdrawal fee.

October 19th, 2008 | Posted in » Paypal | 6 Comments | 6,507 views

Google Is My Boss

Why Google is my boss? This is because I rely much on Google Page Rank to make money all the while. What is Google Page Rank? It is the type of ranking given by Google and it is based on the number of links pointing to your website/blog. The more back links you have the higher your PR will be.

I have been looking around recently and reading some articles about Page Rank regarding on how to increase Google Page Rank.

My Frequent Tactics To Increase Page Rank

Exchanging Link

October 18th, 2008 | Posted in » Make Money Online, SEO Techniques | 8 Comments | 3,074 views

How Burden Of PTPTN Loan Interest Charge?

Do you feel that PTPTN loan interest charge are enormous?

As far as I know, PTPTN will start counting the interest 6 months after you graduate. For me, they have been charging me almost MYR 25 per month which is 3% interest charged. 3% interest rate is the lowest rate in loan industry, so I prefer to pay minimum amount. Then I can make more money by investing in unit trust and share due to difference in % return.

myptptnloan