Fundsupermart Regular Saving Plan

Fundsupermart Logo

In this post, I will show you how to make use of their Regular Saving Plan.

What is Regular Saving Plan (RSP)?

RSP is not something new. If you have invested with other unit trust companies before such as Public Mutual and CIMB, it is known as the monthly regular purchase of unit trust funds, through bank auto deduction, GIRO or standing instruction.

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Reality Bites

recession

Smart people adapt to the changing economy. They change their spending habits and adjust their lifestyle accordingly. This is what happens in the recent recession.

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Challenges in Retirement – Interview

bfm radio

Kamil retired in 2006. He has three children and his wife just passed away.

Listen to his interview on BFM radio where he shared how he overcomes the challenges in retirement.

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Should You Support Your Adult Child?

Help

How long should you continue to support your adult child? Is it forever?

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How to open an online unit trust investment account

Fundsupermart Logo

In this post, I will show you the procedure to open an investment account with Fundsupermart – the first online unit trust investment provider in Malaysia. In fact, it is just as easy as following the steps outlined on their website.

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Bad Debt and Good Debt

Money Trap

Borrow only when you can get a better return or to build wealth, otherwise don’t borrow to spend unnecessarily.

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Head or Tail!! Financials?!

bungalow

Well as we promised on the “window shopping final decision” will be negotiated base on our financial standings. Well, the property cost $1.6M and there is a maintenance fees; of course we would need to relook at our utility bills etc too. So checking with the bank, it would cost us about 6.8k monthly on mortgage, which means easily with all in (utilities and maintenance), it is $7.5k a month for next 30 years ?!!. Well okay, base on our household income, we are still OK to have $7.5k put aside for the property + put aside for a car reimbursement + other monthly expenses, at the end of the day, we would still have monthly savings going into our accounts provided my wife keeps her business income coming at the minimum range as per what she have been doing for the past one year. So, do we decide to move on with this investment??!!

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Global Spending: How People Spend their Money

http://kclau.com/image/global.jpg

Have you ever wondered how people spend their money or hard-earned income? Do you spend the bulk of your money on food or on rent?

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The Latte Factor

Latte

What is the Latte Factor? Finding out your Latte Factor may help you to save some extra money each month.

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He can retire now & afford his daughter’s RM300k education fund[Case Study]

retirement

Below is another case study I’ve done for a reader. This is the email I received from him.
Dear KC,
I will be 40 years old soon. I am married with a 10 years old daughter. My wife is same age as me, she is a housewife. I have very little knowledge about the profession of financial [...]

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Economic Outpatient Care

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Learn what is meant by the term “Economic Outpatient Care” or EOC for short. Find out whether you are a recipient of EOC or not.

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Investment Interview of Salvatore Dali, Blogger of MalaysiaFinance

BFM

I’ve been following Salvatore Dali’s blog for a few years and he is the first and trusted person I will turn to when it comes to investing in stock markets.
Listen to his interview at BFM here:
(he also explained why he includes beauty’s picture every time he post on his blog)

[...]

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Focus: Achieving Goals

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Have we come across people who have unfinished business in their personal lives and / or uncompleted a goal or target that they were working on? Every time, we encounter people and even ourselves, have been in situation where we set a goal but left it uncompleted. I have met people working on their business later called off, people working on career goals later gave up and the most famous people working on diet later forgot about it totally.

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What is My Net Worth?

Thumbnail image for What is My Net Worth?

What is your formula for calculating net worth? Each and every one of us has our individual preference for what formula to use.

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DREAMS Do Come True!! – Our actions and visualizations set our Future

Thumbnail image for DREAMS Do Come True!! – Our actions and visualizations set our Future

This is a guest-post by Sayeed, a senior manager in a large MNC in Penang. He wrote an earlier blog titled “From Credit Card Debt to Owning 6 Houses”. His philosophy in life is sharing and learning, “the more you share, the more you learn”. Following his association with the world of investments focused in [...]

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The 8-day Internet Wonder by Edwin John

8-day internet wonder

It is a step-by-step guide to making money online without spending a single cent.
Before I started making money online a few years ago, I bought all the “make money online” books published by local author. I also read them all. Generally, those books provide a good introduction, but not really showing you very detailed step-by-step [...]

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Tip-tip Kewangan Untuk Rakyat Malaysia

Tip-tip kewangan

The finalized title is Tip-tip Kewangan Untuk Rakyat Malaysia. It is not a fancy title, but apparently shows that it is the translation version. There is not much changes on the book cover except some colour changes, and my photo added at the back cover.

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The Important Lessons I Learned On Investment

Lessons

I learned about managing finances when I was a child from my parents especially from my dear mom who has given me life and also taught me how to be prudent with money. I modeled my mom in several ways. We were not rich then, my dad was in business debts and I have to give tuition at age 13 to pay for my school fees and other expenses. However I thank them for giving me a fantastic learning environment ,virtues and values which has helped me in my later years.

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