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3 Quick Plastic Tips

Posted in Daily Observations |

Tip 1: Pay up 20 days after you swipe.

Tip 2: Pay up 20 days after you swipe.

Tip 3: Pay up 20 days after you swipe.

Alright, that should drill the concept of the latest Bank Negara even more debt-burdening regulation into everyone’s head. For example, let’s say you buy a piece of RM 2.10 Gardenia bread with your credit card at Tesco (I’m not sure if they’ll let you do that) on the 1st of August, you will need to make sure you pay off the RM 2.10 before 21st of August or prepare to eat your bread with interest-jam!

Now I have to keep track of each of my swipes and transaction dates. All my insurance autodebits and monthly installments that goes through my credit cards need to be cleared within 20 days. So much for convenience!

Well, time to cancel this useless plastic…





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  • http://www.kongtechnology.com geek

    Haha…The useless plastics are just scams that “eat” ur money:P

  • http://www.webdesigning.com.my Pin

    Be prepared, it would be 10 days soon. We have two nice BNs (Barisan National and Bank Negara) which can do anything one!

  • http://www.highconversion.org marcus

    Including manipulating the value of our earning and cost of everyday’s life.

  • http://www.jeanchai.com Jean

    well, plastic money can comes in handy a times..so can’t really get rid of them. All we need is dicipline. I only holding 2 credit cards from 2 banks so to keep the inconveniences to the minimum (to ensure payment made on time)…so far so good.

  • http://www.urusinsan.net Zaidi Ismail

    Don’t blame the plastic, it’s just a tool. Blame the person who use the plastic, maybe because he failed his math class of got does not pass his SPM because failing math. It’s not the plastic fault.

    Personally, I loved plastic , I give you few reason why.

    1. I got more then 18 credit card under my name, I used 80% of them. The different is when and how I used them.

    2. All my credit card is 0% interest, in other word I stooze them. I don’t used them If there is interest on them.

    3. I used them on my own term, not at the banks term.

    4. Finnally , I don’t pay my credi card with my own money, I got other people to thanks for that. That’s include my company , my tenant, my business partners and my assets. I never used my own money on liabilities , I only used my own money when it involved asset.

    Asset = money in
    Liability = money out

    So don’t blame the plastic, blame the moron who failed math.

    regards

    Zaidi Ismail