Jarod Lee Notes

Hey there! I know that retirement might not be something that's at the top of your mind right now, especially if you're in your 20s. After all, you're probably more focused on things like building your career, paying off student loans, or just enjoying your youth while you can. However, the truth is that retirement is something that you should be thinking about – and planning for – as early as possible. In this article, I'll explain why retirement planning is so important for young adults, and give you some tips on how to get started. Why Retirement Planning Matters for Young Adults (YOU!) First, let's talk about why retirement planning matters in the first place. I know that retirement can seem like it's decades away, but the truth is that time flies by faster than you think. Are you aware that we just lost 3 years of time during the pandemic lockdown? And the sooner you start planning for your retirement, the better off you'll be in the long run. Here are

Have you felt the pain in your wallet since the last year 2022 and especially more pain in the past few months? You are not alone. That is inflation impact and I want to be exact, high inflation rate impact. Let me share my notes with you. What is Inflation? Inflation is a general increase in the prices of goods and services over time. This means that as time goes by, the cost of the things we buy (like food, housing, and clothing) gradually increases. This can happen for various reasons, but usually, it occurs when the amount of money in the economy grows faster than the number of goods and services available for purchase. For example, let's say you have RM10 to buy a nasi lemak, and the nasi lemak costs RM5. That means you can buy two packs of nasi lemak. But if there is inflation and the price of the nasi lemak goes up to RM6, now you can only buy one and two-thirds nasi lemak with your RM10. Inflation can be measured in various ways, but one common measure is the Consumer Price

Did you know that the Malaysian government has a facility to record unclaimed money? You can prevent your unclaimed money from disappearing and ensure your loved ones receive what you intended for them. When you are alive Have you ever found out you have some money but you unintentionally forget about it? If so, you're not alone. Sometimes, we do have some money unintentionally left with some organization and we forget about it. Not many of us know that the Malaysian Government has this facility to record unclaimed money. All you need to do is visit the website eGUMIS and follow the details. When you are not alive When you are no longer alive (which means when you die, ok), let's get straight to the point. Unless you have done proper planning, a list, or a Will, otherwise, no one will know where to start to claim this money (including assets and liabilities). Without proper documentation, your family members will not be able to receive that unclaimed money. It's important

Are you one of the many people who wake up each morning with a sense of dread about going to work? Do you feel like you're stuck in a never-ending cycle of work and bills, with no escape in sight? If so, you're not alone. [It means I am one of them, hey, I am human too] Today, I have something in my mind that I wish to share with you that makes me wake up slightly better rather than dragging myself out of the bed. But what if I told you there's a way to break free from the rat race and work without fear? It all starts with a simple mindset shift - working like you don't need the job. Working like you don't need the job This might sound counterintuitive at first, but hear me out. When you work like you don't need the job, you free yourself from the fear of losing it. You focus on doing the right thing, making positive changes in the company, and giving your best effort every day. This mindset helps you perform at your highest level and achieve success, regardless

Did you make any EPF withdrawals in the past few years? Let's start with the big question on everyone's mind - should you withdraw your EPF savings, even if you don't need them? Hmm, tough one. Let me put it this way - if you're faced with a real emergency, like not being able to put food on the table, then go ahead and use your EPF funds. That's what it's there for - to help you in times of dire need. But if you're eyeing that fancy new sports car or a trip to Bali, then maybe think twice before withdrawing your savings. I mean, sure, you could do it, but is it really worth it? Do you really want to risk your retirement plans just for a temporary high? Think about it. Retirement Planning Speaking of retirement plans, how much do you have saved up right now? Do you have a specific goal in mind? Or are you like most of us, just hoping to save as much as possible? Well, let me tell you, having a goal is crucial. It's like having a destination in mind befor