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 November 2007

Money Tips Linking 18 Nov 2007

Last week, I shared about my view on the one-sen coin being phased-out, and also about the hot topic to include personal finance management in school subjects. I won't be blogging during weekend. But you will find these posts that shows you the best articles you shouldn't miss. Here is the list of the best article I enjoyed during last week: All That Glitters is not Gold @ Talk and Share Our stock market is inefficient. Because of this, the value of a share is not reflected in the price. Overly optimism causes ...

Personal Finance Money Tips - November 17, 2007

Blog Carnival personal finance money tips archives | submit post Welcome to the November 17, 2007 edition of personal finance money tips. Kevin Fleming presents 5 Ways to Get More for Your Money with Satellite and Cable posted at Satellite TV Guru, saying, "5 Easy Ways to Save Money with your Cable or Satellite TV service" Christine presents My Teenager's First Job, Teens and Work, Self-Employed Teens, Teens working For Themselves posted at Me, My Kid and Life, saying, "A mom teaches her teenage daughter how to earn money online ...

Is Teaching Personal Finance at School a Bad Education Move?

Some times ago, I've posted news about personal finance being incorporated as a mandatory school subjects. Mostly these programs are backed by financial institution and government. I am among those who think that it is crucial to integrate personal finance topics into school curriculum. It is beneficial to the society as a whole and long term solution. There will be less cases of bankruptcy due to mountain high credit card debts. On the other side, there are people who think that all these efforts are just crap. Looking at their ...

List of Latest Public Mutual Unit Trust Funds

Public Islamic Sector Select Fund (PISSF) The Public Islamic Sector Select Fund (PISSF) is an aggressive Islamic equity fund that seeks to achieve long-term capital appreciation by investing in a portfolio of securities, mainly equities that complies with Shariah requirements from market sectors in the domestic market. The fund will invest in a maximum of 6 sectors but will maintain its investments in a minimum of 3 sectors at all times. Initial offer period: 13 Nov - 3 Dec 2007 Download Prospectus Public Sector Select Fund (PSSF) The Public Sector Select Fund (PSSF) is ...

Goodbye One-Sen Coin! We will be missing you

April fool next year, we would have to say permanent goodbye to one-sen coin. It will be replaced with the new one-sen note in rainbow colour. Ok.. just a joke. The replacement is actually a “rounding mechanism” that would be used for all over-the-counter transactions.   The mechanism will round up all payment totals either up or down to the nearest five sen. For example, if the total amount to be paid is RM88.86 or RM88.87, it would be rounded down to RM88.85; if the total is RM88.88 or RM88.89, it would ...

The Physics of Personal Finance

I love this slideshow. The author listed the most important personal finance principle everybody should know. Go through it slowly and think deep. Some of the ideas presented sparked my mind and opened my eyes. It gives me new ideas and understanding about money which I can certainly write about in the future. Thanks to Ranjan Varma, the creator of the slideshow. This slide show basically covers many aspects of wealth management. Frugality, investment decision, even insurance topics are among the content I enjoy. Follow through, it will definitely give you ...

Find out Where All Your Money Goes with Expensr

Budgeting and persistent tracking or your own cash inflow and outflow is the basic foundation towards better wealth management. If you don't want to spend money on Microsoft Money or Quicken to do the job, here is another web-based personal finance app that lets you enter your income and expense, and then gives you analysis about your money management habit. I am talking about Expensr. It is free and allows you to create budgets to track your spending and projected spending. You can upload your bank account statements in a .ofx, ...

Money tips linking 11 Nov 2007

Sunday is a great day for a cup of coffee, sitting at your garden, setting up your laptop with wi-fi connection, and read some insightful articles. Last week, I share about the great effect of compound interest, and also the recent practice of insurance switching. Some might notice that there is a tips included in my free ebook that’s yet to be published. As I am time-stamping my posts, more tips are compiled in my upcoming Top 15 Money Tips for Malaysian e-book. Here is the list of articles that I ...

Personal Finance Money Tips - November 10, 2007

Welcome to the November 10, 2007 edition of personal finance money tips. Edith presents 7 Business Lessons Learned from Watching Warren Buffet posted at Edith Yeung.Com: Dream. Think. Act.. Dan-O presents See How Easily You Can Add Google Apps like Email, Chat and Microsoft Office Style Programs to Your Own Website posted at Danogo.com - Discover. Inspiring . Media, saying, "Give your personal finances a jumpstart with microsoft excel style programs you can use on the web for free." Mark U Runta presents Simple Frugality – Conservation posted at Smart ...

How to Quickly Evaluate an Investment using the Rule of 72

Rule of 72 is a basic investment rule that estimates the amount of time it will take to double your money. It is generally used as a simple and straightforward method for estimating an investment's doubling time or halving time. In this article, we will go through the application of the Rule of 72. How to apply the Rule of 72 These rules apply to exponential growth and decay respectively, and are therefore used for compound interest as opposed to simple interest calculations. Years to double = 72 / Interest Rate Take the percentage ...

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