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Personal Finance Money Tips

A Malaysian compiling Lots of tips and advices on personal financial planning - Protect, accumulate, preserve, and manage your WEALTH wisely!

Archive for June 2007

Get Paid for Displaying News

I have found another method to easily get paid if you have a blog. It is simply displaying news that are related to the topic you blog about. Pretty easy right? You can go to the The News Room and sign up now. Membership is FREE. After signing up, you will be able to search news with image, text and also video content. The search function is very helpful. They also provide advance search function where you can restrict your search in specific categories, dates and even according to news provider. ...

Get your FREE Movie Ticket at GSC

Who doesn't like movies? Movie has been the main entertainment of all time. I know there are people who watch over 10 movies a month. Today's money tips is how to get a free ticket from Golden Screen Cinema. GSC provides one free movie ticket for each of their members during their birthday month! Register as a member at Golden Screen Cinema Malaysia website. Registration is free. Make sure you provide your correct birthday because they will verify your identity card during redemption Login and you will be able to download ...

Frugal… do it with Dignity

Andrea Dickson from Wise Bread wrote about some frugal mistakes people do. Did you ever get something but paying nothing for it, which you are supposed to pay? I would like to add my opinion to the wrong frugal habits stated. 1. Sneak into a movie - Frankly, I've done it before few years back at One Utama cineplex. After watching the paid movie, we are supposed to walk out through the side door beside the big screen. That day, the door was not opened and there is no usher around. ...

您就是亿万富翁 You Are a Billionaire

I received this story from an email forwarded by a good friend. I tried googling the author of the story but found nothing about it. Since this is a great story, and it is very much related to what I preach over here, I posted it here. If you know the author, please tell me about him/her at the comment. Enjoy the story! (sorry for those who doesn't understand Chinese, please read my translation at the bottom) 您就是亿万富翁 有一位生活在费城的年轻人,整天唉声叹气,愁眉不展,逢人便吐苦水:“我实在是太不行啦!父母没有给我留下遗产,我没有别墅,没有小气车,甚至连到海边渡一次假的钱都没有。" 一位老者对年轻人说:“我有办法让你变得很有钱,但你必须用你所拥有的东西来交换。你愿意吗? 年轻人高兴的说:“我有什么东西值钱的吗?如果有,你要什么我都愿意,只要你能让我成为富翁。 “我以50万买你的一只手,你愿意吗?” “啊?一只手?我舍不得手。我不愿意!”青年人毫不犹豫的拒绝了。 “那么,我用100万买你的一条腿,可以吗?”年轻人又坚决地摇了摇头。 “两只眼睛呢?1000万?”年轻人恐怖的摇头。 “不然我以一亿的价格向你收购你的两粒眼睛,两只手和两条腿,好吗?” 年轻人不经思索断然拒绝了。 老者笑说:“你看,你现在至少已经拥有了一亿了,只是暂时还不想要这笔钱罢了。年轻人,一个有手,有脚,有眼睛的人还怕没有钱吗?实际上,凭你所有的一切,你已经就是一位亿万富翁了。所以一定要看重这些无价的宝物,让它产生有利于自己,家人,社会,国家甚至人类有益的事。为自己造就浩大的人生价值和意义。不要因为任何的挫折,打击,消极或暂时的不顺心,而把这一切给看轻和随意伤害自己的身体。这是愚蠢的,必吃大亏的,终会后悔的。” *要懂得珍惜眼前所拥有的,不要只是一值追求那没有的。 Translation: A young man from Philadelphia sighs all day, with a worried look, complained "I'm ...

Start a Business: Register First

Got new business ideas? Great! Write down your business plan. Before you implement your plan, obviously you need to register your business first. In the US, registering a business can't be any easier. There are many online services that will help you on the registration process. In Malaysia, everything is still manual. I registered a few businesses before. My experience is: it sucks! I need to go to the Registration of Business office. There are many self-employed "business registration agent" waiting at the entrance. I ignored them the first time I ...

AIA Universal Life: Security and Flexibility

AIA just launched another new insurance product - AIA Universal Life. Read the full story. Or you can read the summary here: it is a life insurance plan minimum guaranteed interest rate of 2% per annum it fits the recently launched Financial Health Check program special feature: no lapse privilege maximum entry age : 65 partial withdrawal of cash value available

Easy Guide to Sell at Ebay Malaysia

I previously wrote about liquidating the junk for cash. Recently I found a friend who is so good at making hand made greeting cards, I would like to help her by making this easy guide on how to sell at eBay. If you do it right, you will make some money without even need to pay any fees. Start with ebay.com.my - If you are staying in Malaysia, you should probably start selling at ebay.com.my instead of eBay.com. The reason is that eBay Malaysia doesn't charge seller for listing items. There ...

When to Refinance Your Home Loan

I previously wrote about saving interest charges on your mortgage. I refinanced my mortgage last year and saved a few thousand ringgit on the first year mortgage interest alone! But when should you refinance your mortgage? When the lock-in period is over - normally there is a lock-in period of 3-5 years. If you got your mortgage 3-5 years back, your mortgage lock-in period is probably 3 years only. That is the time when Base Lending Rate (BLR) is low. Nowadays, banks normally lock-in your mortgage for 5 years. If you ...

Save on Magazine & Newspaper Subscription: Use RSS reader

How much do you spend for magazine and newspaper subscription each year? I used to subscribe to a local daily Chinese newspaper which cost me RM1.30 per day. Besides that, every month I'll receive two business magazine and one music magazine. Let's calculate how much is my yearly subscription: 1. Newspaper - RM1.30 x 365 = RM474.50 2. Personal Money Magazine = RM75.60 per year 3. Entrepreneur 创业家 magazine = RM150 per year 4. Keyboard Magazine = RM120 per year. These make up a total of RM820.10. But since early this year, I read via Google ...

Get Paid More with PPP Direct

I have written about how PayPerPost act as a middleman for bloggers to take up advertising offer from advertisers. I got my first payment through Paypal on 1st of June 2007. Now PayPerPost launched a new service to further help you monetize your blogs - the PayPerPost Direct! You probably learn about ReviewMe where you see a big square banner on some other blogs. ReviewMe marked up the review price 50-100%. It is quite a big margin, considering that you are the one who do all the writing, posting, editing job ...

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