DISQUS

I paid those with come with heavy interest - credit card. I make sure i paid my credit card in full every month before the due date (just before the due date)..

Buying book in Malaysia at least is deductable against your personal tax.

Come to think of it, I don't seems to have a weakpots for things..in other words, no hobby..how sad!

Good article!

I worked in Singapore for 10 years, and I fully agreed with Kenny that purchasing power in Singapore is much better than here in Malaysia due to our lower currency rate.

I can't imagine go without a car in Malaysia......but for many families, they will just survive with a motorbike for the whole family (with kids on board as well). I have seen often on the road and am feeling anxious for the little one whom goes without a helmet.....

Yow Chuan,

For NZ term deposits, they do offer the highest interest rate in town so far - can be as high as 9% p.a. However, we do have to worry about the exchange spread, don't we? I am not too into currency, but I do think that NZ currency is rather volatile. So, after taking into the currency spread, often we don't see a return of 9% p.a.

To get a return of 10% p.a., i guess we have to look for an investment vehicle that provide a good long term consistent return. The key word here is "long term". Means so long as the investment's total return, after dividing with the number of investment years, provide us with an average return of 10% pa, i suppose the objective is met then. So far, I have not seen any investment channel that can safely provide us with 10% return in short investment time horizon. ..Is there any?

well, plastic money can comes in handy a times..so can't really get rid of them. All we need is dicipline. I only holding 2 credit cards from 2 banks so to keep the inconveniences to the minimum (to ensure payment made on time)...so far so good.