Don’t wait until you retire to discover that your retirement fund is not sufficient. Discover some of the tough and unfavorable situations you will encounter if so.

YTL Corp Bhd, which is buying into a Macquarie-led real estate investment trust (REIT) listed in Singapore, intends to launch a second REIT in Malaysia. The assets are estimated to be worth more than RM1 billion when the market improves. The second launch is still in the infancy stage and will be part of a [...]

I’ve found a partner to develop an online application, which is similar to Expensr, Microsoft Money, Quicken or even Mint.com. There are in fact many (more than a few dozens) such applications available now. The problem is that none of them is designed in Malaysian’s context.
That’s why I believe that building such an application would [...]

Value-added services in the form of jobs or business loans soon await people who seek advice and counselling from Credit Counseling and Debt Management Agency (AKPK). However, do remember that AKPK is in no way trying to branch out into a recruitment agency or a financial institution.
Through collaboration with recruitment agencies, AKPK will establish [...]

A debt worth RM2 million was ‘collected’ from 23 individuals by the Credit Counselling and Debt Management Agency (AKPK), a wholly-owned subsidiary of Bank Negara Malaysia. These 23 individuals are part of the total of 14,000 individuals who had sought AKPK’s assistance to restructure their debt to financial institutions which amount to about RM900 million.
Through [...]

Making Money is Addictive
Felix Dennis, one of Britain’s wealthiest self-made multi-millionaires said in his book How To Get Rich (thanks to Exabytes, giving me this book wonderful book) , “If I had my time again, knowing what I know today, I would dedicate myself to making just enough to live comfortably, as quickly as I [...]

photo credit: Stig Nygaard

This is a guest post from Jadelyn. She is presently working in an accounting firm , particularly financial advisory services. She is known as a Transaction Services (TS) professional. The financial due diligence services are mainly provided to corporate buyers and private equity houses. If you want to buy a business, make sure you seek [...]

Next year onwards, Inland Revenue Board, IRB (LHDN) will introduce a new scheduler tax deduction (STD) system
In the new system, tax exemptions and rebates will be filed on a monthly basis instead of yearly basis. This is beneficial to employees who normally over pay their income taxes, then later need to file for a refund next year.

 photo credit: jepoirrier
As [...]

Merry Christmas!
I will be going to Kuala Lumpur on Christmas day and will only be back on 29th Dec. I’ll be meeting Relax from Wisecurve for a tea session. The time has yet to be determined. If you intend to join us somewhere near the Curve, please contact me soon.
Jacquelyn (a regular contributor on this [...]

This blog is alive for two full years.
Thanks for your support. I would like to wish everyone a merry Christmas and a Happy NEW YEAR!

Image by Ryoh A via Flickr

Those who do not pay off their balance every month often do so because they are addicted to spending. When you don’t see the bill until a month later, it is easy to give in to the temptation to make purchases that you cannot afford. When you are only paying off a fraction of the bill every month, it is easy to convince yourself that it is OK to spend more. This addiction can be as difficult to break as almost any other. Like an addiction, the best cure is not to begin in the first place.

Read more of this guest post from MR. CC

Give your comment and suggestion. I will send you a diary for 2009.

In order to pay less income tax, one of the most effective method is to “increase your expenses” by utilizing the tax relief in certain areas. In order to have the greatest benefit for yourself, you can save and invest the money, and only spend on that area in December. This will allow you to utilize the full tax relief early next year, just a few months away!

This article describes one person’s approach to retirement planning. Retirement planning is a must for everyone to ensure a comfortable life especially during old age.