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Archive for March, 2010

Critical Illness Insurance for Malaysians

Monday, March 22nd, 2010

Revised and updated for the 3rd time since 2007, this booklet has been downloaded more than 1,000 times.

Critical Illness Insurance Guide for Malaysian, 3rd Edition

If you haven’t read it, head on to Free Critical Illness Insurance Booklet.

If this e-book helped you in anyway, please help spread it to your friends and family!

GST for You and Me

Wednesday, March 17th, 2010

gst-for-you-and-me

Here’s a great article on Goods and Services Tax (GST) that was recently delayed (yet again!).

Via TheBlackCactus

Part 1: Introduction

Part 2: Terminologies Made Easy

Part 3: The Mechanics

Part 4: The Rise And Fall Of GST

What’s Your Worldview on Money?

Sunday, March 14th, 2010

By The Artist Farm Ideas (via Seth Godin)…

Why then do we stress over money? You stress about money because you have mistakenly identified money, the actual money, as the thing of value. You feel stress because you are ??ighting??to get something that doesn?? exist- the closer you get the more elusive it becomes. There is another way.

Look at the thing of value as what?? underneath the money. If you want to generate more income, then think of how you can generate more value, not more money. Also recognize that both value and wealth come in more forms than just money. You can be financially wealthy but be bankrupt in true friendships, peer respect or health.

Read the full article…

So, in other words, you are poor not because you have less money. Rather, it’s simply because you are not providing enough value to your customers or the people who hired you.

Make 10% in a Year with MBSB Ang Pow Savings Account

Saturday, March 6th, 2010

Yes, that’s right, and the offer is valid till 31st May 2010.

If you haven’t heard about it, the Malaysia Building Society Berhad (MBSB) launched the Ang Pow Savings account in 14th February that gives depositors up to RM50 (Ang Pow Bonus) for every RM500 they saved in an Ang Pow Savings account.

mbsb-angpow-savings-account

The Ang Pow Savings account will basically give you 10% bonus of your savings up to the maximum amount of RM50.00. For example, if you open an account of RM250, you will only get RM25. Likewise, if you open account of RM10,000, you would only still enjoy RM50.00 of bonus.

Hence, the trick is to open as many RM500 accounts as you possibly can. For instance, you can open a joint-accout of RM500 with Dad, one RM500 joint-account with Mum and one more joint-account RM500 with your spouse. Well, you get the idea. All these accounts will each get RM50 immediately. Imagine you have 20 joint-accounts, that would be RM10,000 in total, plus another RM1,000 of extra Ang Pow. Just be sure you can trust these people ;-)

However, you must ensure that the RM500 deposit is not withdrawn within the first year and that the account is active with transactions throughout the saving period. I did not ask how would an account be considered dormant though.

To reactivate a dormant account, the fee would be RM10.00. I think this fee is applicable to most savings account across major banks in Malaysia.

Also, if you are to terminate the account after one year of savings, you will need to pay a termination fee of RM5.00.

You are also entitled for some free gifts for opening a new account with MBSB.

The minimum deposit is only RM100.

If you want to understand in details about the terms and conditions of the account, visit your nearest MBSB branch.

I think this is a great deal that you should not miss!