Money is not everything, but everything is money
A good advice: Don’t overindulge your “feeling poor” state of mind. Things like flipping through shopping catalogs and going to the shopping mall will definitely make you feel like wanting to buy things. Even if you can afford them, remember that the point is this: most of it is beyond your reach. Why not, instead, do things that offer a sense of well-being eg, invite friends over to your place, or take a walk at the park.
The top advice should always be: pay off all balance on your credit cards every month. Never go beyond the interest-free 30-day grace period. Hence, you get to use the credit card’s money without paying them anything for the privilege. Do this, and you will save thousands, maybe tens of thousands, of dollars in needless interest payments.
Staggering. Even with all the food and grocery price increases, people still spent more in 2006 than in 2007.
Shoppers (Malaysians + tourists) spent almost RM67.1 billion in 2007, a 12.8% increase from the year before. It was the fastest growth since 1991.
Tourists accounted for 10-12% of the total.
For 2008, the forecast is even more: RM71.8 billion.
Most of purchases went to:
-”specialty subsectors”, eg toys, fitness equipment and optical products
- fashion and fashion accessories.
Source
New Straits Times, 14th May 2008
As revealed in the Dewan Rakyat on 8th May 2008 by Zulkifli Noordin (PKR – Kulim Bandar Baru):
The government is paying a total of RM1.14 million each year to 3 government advisers:
- Petronas adviser Dr Mahathir Mohamad: RM180K per year => RM15K per month
- Women and Social Development Affairs adviser to Prime Minister Abdullah Ahmad Badawi: Datuk Shahrizat Abdul Jalil: RM404,726 per year = >RM30,000 per month
- Religious adviser to the PM: Datuk Abd Hamid Othman: RM549,675 per year => >RM45,000 per month.
Source:
Malaysiakini, 8th May 2008
