Where is my Ferrari?

I’m sure you have come across this Ferrari joke before. Do read it again and have a good laugh. This joke is all about cutting expenses and investing the money to purchase some valuable item in the future. The typical, standard boring guideline anyone from the finance industry will talk about. On face value, the […]

I’m Stupid When I’m Desperate

When you are desperate, you think and act stupidly. This was my story a few years ago. I was in a bad position financially. I didn’t know how to earn more, I didn’t know how to limit my expenses. I’m only left with a constant worry about my financial state.  Every thought I had was […]

Percentages vs Absolute?

When it comes to money, think in percentages, not in absolute terms. PoyoDuit Last year, during my “Taman” resident annual meeting, the management proposed to increase the monthly fee from RM100 to RM120. The reason given was due to an increase in security fee charges. Several residents agree with the price hike while a minority […]

Want vs Need?

I need water to quench my thirst. It differs from I want a lemonade to quench my thirst. Nearly everyone wishes to be a millionaire. What does being a millionaire mean to you? Is it about having a million Ringgit to spend on the things you ever “want”? (Noticed I used the word “want” and […]