If you are age between 24-30, do yourself a favor and read up these facts: Counting on the nest egg

Or if the page is no longer available, you can download the PDF version here: Counting on the nest egg (PDF Version)

There’s a Malay saying that goes- “Kais pagi makan pagi, kais petang makan petang.” It basically means that for every sen earned, everything is spent on food and basic survival needs. Well, this strategy is useful if you can still “earn”. Don’t leave your future to chance.

And don’t blame inflation when the time comes, it’s been around since you’re born.

Inflation quoted in the article is 6%, and I say that’s being very conservative. For instance, LDP toll went from RM 1.00 to RM 1.60, that’s about 60% from the calculator, and remember, items in the CPI (Consumer Price Index) are mostly controlled items, so in other words, our inflation is somehow “managed” also.

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