Money is not everything, but everything is money
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
