MONEY MASTER

Thus, the amount of money that you want to make, and do make during your lifetime of working, is dependent upon your beliefs, attitudes, values, and career choices. If you value helping people in need, you can anticipate a particular salary over the course of your career. As long as your values are more important than what you are paid, your choice is fine. But, you cannot set a goal of making a million dollars a year, make a career choice that pays $40,000 per year, and expect to be happy with your career decisions and the money you make over time. Almost everyone thinks that they should make more money than they do. But the amount of money you are paid by your employer is dependant upon a number of factors discussed in: The Scoop on Salary Increases: What Pay Raise Can You Expect From Your Employer? . About’s Joshua Kennon tells you: How to Become Wealthy: Nine Truths That Can Set You on the Path to Financial Freedom . I’m writing these tips to help you have the money you need t...

The global economy turmoil has cause most of the stocks breaking few year low. And the low keep going lower. Then a lot of people started asking me, "Do you think it is time to buy stocks now?" Well, I do not know. In fact, no one will know how low can these stocks get. During the pessimistic environment, those financial advisor or economist will reduce or downgrade certain companies. It always happen this way. When it is good, they will say that there is possibility of reaching higher and higher, until it burst. Then during economy turmoil or bearish environment, they will say, the low will get lower. The only thing we can do to avoid losses is to accumulate the stocks of prospective companies and to average down when it gets lower. Only we ourselves know how risky we want our investment to be and judge the situation with full of wisdom. Remember...... "Price is what you pay. Value is what you get." by Warren Buffett? This quote is to remind us that we are to judg...

Over the weeks, I've been thinking what else we can do to earn more money besides working, investment etc. To earn more money, the easiest way is to invest. But as a salary drawing guy, the capital that I have is actually quite limited. Most of my salary will go to monthly commitment like car loan, education loan and also daily expenses like food. The leftover of the money is either for investment or savings purposes. This could mean only one thing, reducing expenses will automatically increase the amount for investments. How to reduce expenses when most of my expenses already fixed? Can it be further reduced? Then I realized that actually going green can also reduce my expenses a little though not very significant. How am I going to implement going green project? First of course is to reduce the usage of my car. By reducing the usage of my car, we can reduce the CO2 and CO emission. Next thing that come in my mind is reducing electricity. I'm trying to save energy as much as ...

Phew.....will be getting a long break. 2 public holidays for Hari Raya, an annual leave and 2 weekends break. When I came back yesterday, I read Personal Money on tackling the transportation costs in the midst of petrol price hike. There are a few ways to tackle, one which is going natural, which means using the natural gas vehicles (NGVs). While NGVs seem to be a real money savers, do take note that in Malaysia, only SELECTED Petronas stations have the pump. So, you will need to join the queue of taxis. Besides that, there's the cost of installing the tank and the system to the car, which can cost a bomb, and will void the warranty given by the car manufacturers. If the car no longer have the warranty given by the car manufacturer, one can opt to install, but the real question is, will this really save a lot of money in the long run, after the Petronas given the comment that the price of NGV might go up accordingly with the petrol price. Secondly, we can opt for Hybrid cars - gree...