25 Nov 2007 | Comments | Blogging | Comments feed

Money Tips Linking 25 Nov 2007

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

This week onward, I will include a list of personal finance related to news in this Sunday post. If you are a very busy person and hardly find time to read newspaper, the financial news section at the bottom of this post will serve as a “filtered”, or “shortlisted” version so that you can easily keep up with the current news.

KCLau’s money tips last week:

Commit Suicide: Can you claim life insurance benefit?

A recent data reported by NST shows the estimation of between nine and 13 per 100,000 people compared with eight in the 1980s commit suicides. However, health experts say the figure could be higher.

Application of Knowing Your Time Worth in Hourly Rate

Since time is a limited resource, we should try hard to increase our hourly rate. Tiger Woods earned $111 million in 2006 alone. His hourly wages is $55k per hour!

Top Reasons Why You Shouldn’t Lapse Your Existing Policy to Buy a New One

The worst advice you might get from an insurance agent is �to lapse your existing policy�. You might have bought a policy that�s not according to your �want�, but I am sure it can be packaged someway to meet your real needs.

Top 5 Tricks to Minimize Upfront Fees of Unit Trust Investment

Saving at the upfront means you had successfully make the better first step compared to the others. Adding the compounding interest effect, the investment cost you save will snowball into a big chunk later. Here are five strategies.

The best Malaysian Stock Market Investment Website Community

TalkandShare.com is a community site which allow you to get actively involved with other investors in Malaysia. Register your forum membership and the live market talk membership (they are separate) now and start getting
investment tips. If you are already an active investor, this is a community that you shouldn�t miss either.

Best articles on Personal Finance

‘Charitable Checking Accounts’ Make Giving Easy

Research psychologists say that giving to others is a surefire way to boost happiness. On the practical side, charitable donations are also a smart way to offset a big tax bill.
All we employees, shouldn�t we be starting our side businesses NOW - Part Two � Father sez��

What are the fears that hold most of us back from starting a side business? Fears that actually freeze us, till we do not even try to search for solutions.
Attack of the Helicopter Parents

Just like a chopper 50 feet overhead, overly concerned parents can be a noisy, disruptive force for young adults who are supposed to be learning to manage their own educations and lives.
Last Words � Meshio.Com- Designing Lifestyles!

This is one reason why KWSP and Insurance is not distributable together with your will, because they acknowledged the DELAY can be DEADLY to the family members the deceased left behind.
MSN Money - 3 ways you can go broke in real estate

Trust me, you can not only go broke, but you can actually pay taxes as you do it. Let me show you three ways you can get creamed and suggest some strategies to limit your risk.
Malaysia�s money train

When members of Employees Provident Fund can start making monthly withdrawals in January to help repay their housing loans, billions of ringgit are expected to flow into the consumer sector.
Million Dollar Ideas Guide: 7 lottery winners who lost their millions

In our culture, there is a widely held belief that money solves problems. People think if they had more money, their troubles would be over.
Personal Finance Sites from Around the World (2007 Edition) ? Get Rich Slowly

List of personal finance sites and blogs, ex-US.
Savings is Sexy @ W Revenue dot Com

Life doesn�t come with an instruction manual. It really should. How to manage money is not a skill that we�re born with, and there really isn�t one good guide out there that tells us how we should be approaching money, savings, etc.
The Simple Dollar � The �Seed Money� Idea: A Different Way of Looking at Saving for Your Child�s Future

When the children were young (under 12), he paid an allowance for household chores. There was a minimum that had to be done to even qualify for the system each week - so they had to do a certain number of tasks just as a baseline.
Why Passive Investing beats Active Investing ~ Everything Finance

Passive investing means that I don’t stay awake at night thinking (and worrying) of ways I can beat the stock market and make millions of dollars or on the flip side, make sure that I don’t gamble all my hard earned money.