Jacquelyn Sarah Wong, a regular article contributor here at KCLau's Money Tips had worked together with me for the past couple weeks to co-write an ebook. Just in case you haven't noticed, Jacquelyn wrote the following article published here: What Do You Know About Bankruptcy? Frugal living doesn’t mean cheapAs you can see from the article, she really gives us some quality stuff! I am excited to be able to work with her to complete this ebook. The title is "Secret to Writing An Ebook in 3 Easy Steps" Before I publish ...

I bet that you have an income if you are reading my blog regularly. Your money comes in regularly as long as you are earning money actively, or investing and getting money passively. That's called inflow of money. As many other people on planet earth in this capitalism world, we pay for something regularly in our life. Which one is your priority? Your credit card debt? Your mortgage? Your car loan? Your parents? Your children? Your meal? Your insurance premium? Your astro bill? Your electricity bill? Your phone bill? .................. The list goes on and ...

Bankcruptcy is a word that immediately brings a negative vision to our minds. It happens everywhere in the world and is not partial to a certain country, race or nationality. In Malaysia, the total number of bankruptcy cases nationwide has risen from 70,009 in 1999 to 106,000 in 2003 and today the figure stands at 160,000. Bankruptcy law exists to help both the bankrupt and the creditor. It will stop the creditor from harassing the debtor and it safeguards the rights of both parties. What is Bankruptcy? Simply said, it is a legal ...

Hanson is a very experienced financial practitioner in Malaysia. He blogs at RinggitChannel. I enjoy reading his articles. Thanks Hanson for forking out the time to give us some money tips. Here is the interview:  1. Please briefly introduce yourself and how & why you get involved in the financial planning business? I was an accountant before joining the insurance industry. Frankly speaking when someone asked me to join the industry, I straight away agreed because I was looking for something challenging to do. I saw people diverse background made it ...

Today, I am going to tell you a success story about a frugal family. If everyone learn to manage cash flow like they do, there will be no financial problem in Malaysia. You will learn about the story from our emails. Name has been altered for confidentiality. This is the conversation via email from Ann. My reply is in italic. Hi KC, My husband and I will be 39 and 40 years old respectively this year. We would like an outsider to view our financial situation as time is running out till our retirement. ...

Being frugal means different things to different people. Personally, it means being careful in the use of material resources and of course money. So it is also synonymous with being economical, prudent and thrifty. On the negative side, other people may see it as being stingy, cheap and miserly. Well, money or material things carry different weights for different people. Some prefer to keep money while others prefer to keep material things. This article will look at the positive side of being frugal. My family chose to live frugally and it ...

For your information, I had arranged a newsletter this month that you can subscribe at the top of the right sidebar. For those who are yet to subscribe, or already downloaded my Top Money Tips e-book but haven't subscribe to this newsletter, you may consider to do so now because: 1. You will get the download link to my Top Money Tips for Malaysians e-book. ( upon sign up) 2. You will also get a bonus e-book a week after signing up. It is about setting up a family budget. 3. You will also ...

Try googling "fuel saving tips" and you will get 2.89 million results. After I've gone through most of them, here is my summarized version. photo credit: mac_filko Slow down - just follow the speed limit Check your tire pressure - at least once a month, in cool condition. accelerate moderately turn off air conditioner - (only applicable at night) keep the original - don't upgrade your car with fancy rim or tyre reduce your car weight downsize - use a smaller car (CLK? Cute Little Kancil.) Don't drive - those without driving license don't spend much on fuel Avoid ...