Studying Hard vs Financial Planning

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I recently had a conversation with a university friend whom I hadn't met in 25 years. During our conversation, my friend, who has two children, mentioned an intriguing question asked by one of their children: "Why should we study so hard when the government approves a minimum wage starting at RM 1,500 per month?" My friend was stunned by this question, and I couldn't help but smile. Determining Your Future Salary The real question to ask is, "How much will be your last drawn salary if you start with RM 1,500 per month now?" Let's assume you begin working at age 20 and plan to retire at age 60, giving you 40 years of working life. For the sake of simplicity, we'll assume a permanent annual salary increase of 4%. The answer is that your last drawn salary upon retirement at age 60 will be RM 7,201.50 per month! In contrast, considering an article that suggests a fresh graduate's starting salary will be RM 2,500, and assuming a permanent increase of

贫穷是一个恶性循环吗?

【剪报来源星洲日报

我相信没有人想贫穷。但是也不是说一定要钱多到花不完那种。只是,但一不小心陷入贫穷恶性循环,真的好像没有什么办法逃得掉。没有财力保持健康的生活,什么奇难杂症都会出现。

以前,我会怀疑”有钱能治白病“这句话。现在,我向现实低头了。有钱,能买跑步鞋运动保持健康,能买organic食物,能提升自己实力寻找更好的就业机会,还有很多。。。都是需要有一点点的钱。

改变吧。。。只有改变自己的思维才有机会改变未来。

谢谢你。我是Jarod,如果你喜欢我的blog,请记得subscribe和follow我的Facebook Page

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