MONEY MASTER

I always believe that savings are important but it's also important to make sure that we spend on needs that are important. In my opinion (a typical gen-Y, connectivity is important), broadband is something that is essential in our daily lives. After I move to my own place, I was looking for a good broadband that comes at a good price. There are a few options that I was looking at: TM's UniFi VIP 5 Package, Maxis Fibre Internet 10, P1 For Home RM149 Unlimited, TIME Fibre Unlimited Home Broadband 8Mbps and ABNXcess 5Mbps.  There are a few things that I looked at when I choose the right broadband... SPEED Well, I believe with the technology of today, we need a home broadband with a speed of at least 5Mbps. While some people will say that 1Mbps is enough, it's important to take note that the speed shown is the maximum speed that it's capable of. Thus, if you're taking 1Mbps, the chances is that you're on 50% most of the time, which is not enough for ...

It's that time of the year again....people knew it, expected it...but for some reasons, it's in the blood for us to procrastinate whatever that may not seem urgent to us regardless of the importance.  TIME TO FILE YOUR INCOME TAX Well, if you are like the many Malaysians out there, I'm pretty sure you have not completed your e-filing for your income tax . DIFFERENCE BETWEEN TAX AVOIDANCE and TAX EVASION There are a lot of people who are confuse about tax avoidance and tax evasion. Most people assume that tax evasion is illegal, but let's not be ignorant...tax avoidance is also illegal although it carries a lighter punishment. Tax avoidance means failure to file for income tax without a reasonable excuse. It carries a lighter punishment of about RM200 to RM2,000 fine and/or imprisonment. WHEN YOU MISS THE DEADLINE? I know you are probably very confident of meeting the deadline. That's good news but just in case if you really do miss the de...

Before I buy a property, I thought it was always about looking at the property price, prepared the 10% downpayment, get a bank loan and job's done....but what happened over the last 3 months plus has given me a new understanding on what it really takes to buy a property. OWNING A HOME? First of all, knowledge is important, and one really need to check the details to ensure that they are financially ready to buy a property. It can be an ultimate dream to own a home, but with escalating real estate prices and the burden of lengthy loan repayment periods of about 30 to 35 years, buying and financing a property is not just about "I love it!". Here are some of the things that I believe is important for us to consider whether we are financially ready to buy a property. UPFRONT COSTS...CAN YOU BEAR IT? In Malaysia, most of the banks are going to offer up to 90% of the property's price for your first two residential properties. If you are taking 90%, make s...