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Showing posts from April, 2022

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

More than half of the population is uninsured

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  I believe there should be 3 categories, which are insured, under-insured, and uninsured.

Do I customised my resume?

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It does not matter whether you are in which stages of your career, fresh graduates, young executives or senior executives because, at some point in time, you might need to prepare a resume. Over the past 18 years, I experienced a few strategic career changes and I am going to share my experiences with you. 1. With or without a resume. What are the differences? First of all, some of the job applications do not require you to submit a resume, for example, Google or Facebook.  It is optional to submit a Cover Letter and a Resume for certain companies. You have required to fill up the form online and I assume someone will do a data collection and filter the right candidates for the next stage. The difference with or without a resume is that you can customise your resume as a marketing advertisement about yourself. It does not mean if you have a resume uploaded will 100% guarantee you an interview, but, when it does play an important role when you are selected and the interviewer needs a qu

Mahasiswa perlu bijak urus kewangan

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  Bukan sahaja mahasiswa perlu bijak, tapi semua warga pun harus bijak supaya kita boleh pandai mengurus wang kita. Adakah anda bersetuju?

面粉和纺织品涨价

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  我已经无语了。你们有什么心事和我分享吗?

Retirement is a natural problem and will only become more serious

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Although KWSP post another great year result in 2021, with all the withdrawal from all the i-series initiatives to support Malaysia's economy during the past 2 years' pandemic situation, can Malaysian manage to recover the gap?    

雇主无力增加EPF缴纳率

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 老板们,您们还撑得住吗? 我们就来顶不住了。