tag:blogger.com,1999:blog-1267472112671216914Wed, 16 Sep 2015 19:08:33 +0000EducationMoney isn't Everything but Without Money, you are Nothinghttp://managingyourownmoney.blogspot.com/noreply@blogger.com (Blog Manager)Blogger16125tag:blogger.com,1999:blog-1267472112671216914.post-5806453254293590004Sun, 08 Nov 2009 11:23:00 +00002009-11-08T03:26:52.917-08:00EducationWhen it comes to investing, time is a very important factor.When to buy? When to sell? This time factor will determine whether you invest in the right time.Investing in the right time and at the right place will bring you MAXIMUM value.Hence, always consider time when investing.http://managingyourownmoney.blogspot.com/2009/11/time-factor.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-8762526631941119713Sat, 19 Sep 2009 12:53:00 +00002009-09-19T05:58:26.807-07:00EducationJust to recall back... Money is invented to facilitate trade... Hence money is just temporary...The higher the movement rate of your money, the richer you are.Problems nowadays are, people just keep their money stagnant in their own bank account or on items that they don't really need.Investing in stocks or real estates will make you more money, but it'll be useless if your money is just stagnanthttp://managingyourownmoney.blogspot.com/2009/09/moving-money.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-8724745326168853124Sat, 30 May 2009 18:00:00 +00002009-05-30T11:04:11.255-07:00EducationAfter some time, I finally understand what it really means.In my opinion, "Think Global, Act Local" simply means we must always keep up to date with the world. We have to know from time to time about tecnology, economy, politics and etc.When we are up to date, we can apply those new things into our country or maybe the place that we stayed. For example, Cyber Cafe might be flourishing in places http://managingyourownmoney.blogspot.com/2009/05/think-global-act-local.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-4476413803390162797Wed, 22 Apr 2009 12:51:00 +00002009-05-30T10:35:29.766-07:00EducationMost people nowadays are thinking how he or she can save up more money for them to purchase the materials they have been longing to have.Observe the following formula:Income - Expenses = YOUR MONEY to SPENDMany people will consider working on the "Expenses" part, that is cost-cutting in order to have more money to spend. Their move is not wrong but why must they follow what other people is doing?http://managingyourownmoney.blogspot.com/2009/04/make-more-money-instead-of-save-more.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-9020658013193875415Sat, 04 Apr 2009 15:17:00 +00002009-04-22T05:51:53.720-07:00EducationWith the advancement in technology as well as the society, ways of making money have increased. There are so many options to make money, from Home-based part time job to the Internet.However, today I would like to focus on the internet. Thanks to Google as well as other online advertising companies, making money online has been much simpler and easier.Just a blogger and an Adsense account, you http://managingyourownmoney.blogspot.com/2009/04/make-money-with-internetzero-capital.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-8406678047441130477Wed, 25 Mar 2009 04:41:00 +00002009-03-24T21:54:08.600-07:00EducationAfter talking often about money, now I would like to touch a little on Entrepreneurship.Many people think that entrepreneurship is about creating new products and sell it in the market. It is not right completely, but actually there are more than that in entrepreneurship.First of all, entrepreneurship is about MINDSET. To be an entrepreneur, the FIRST thing we need to do is to change our mindset.http://managingyourownmoney.blogspot.com/2009/03/entrepreneurship.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-3108008579501004446Sun, 22 Feb 2009 16:54:00 +00002009-02-22T09:14:03.715-08:00EducationCredit card used to be a luxury stuff. Anybody who owns a credit card is considered rich and successful. Back then, only a handful is qualified to have that as the criteria to obtain the card is so complex. That is why credit card is one of the 5Cs in order to be considered successful, in Singaporeans point of view.However, recently, due to intense competition and also global recession, many http://managingyourownmoney.blogspot.com/2009/02/debit-card-vs-credit-card.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-3090343505046853524Wed, 28 Jan 2009 18:56:00 +00002009-01-28T11:37:29.879-08:00EducationThis may sounds weird and illogical, but the fact is most rich man becomes rich by applying this rule, "Always Go Opposite Directions". I had read this in a paper some time ago. Some rich, black man said, when economic situation is bad, it is actually the best time to shop, especially real estates and other investments. This is the time when the properties are at their lowest price, so you willl http://managingyourownmoney.blogspot.com/2009/01/always-go-opposite-directions.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-1246303474920659890Fri, 26 Dec 2008 16:58:00 +00002008-12-26T09:03:48.648-08:00EducationWhen you have the cash, I suggest you make a few short term and long term investments.Short term investments bring returns in a short period of time whereas long term returns in a longer period of time. With these investments, your money keeps growing. Hence, you need not worry about facing the problems with the shortage of cash.However, what to invest in and when, it depends solely on you to http://managingyourownmoney.blogspot.com/2008/12/short-term-long-term-investments.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-4506385315567265584Tue, 23 Dec 2008 01:38:00 +00002008-12-22T17:38:31.601-08:00EducationOnce you had acquired those assets, such as Real Estates and Paper Assets, it doesn't stop there. You need to manage them. Otherwise, you wealth will decrease.I start with Paper Assets. As I had mentioned in my previous postings, Paper Assets are those stocks, bonds, mutual funds and etc. After we acquire them, we don't just leave it like that. We must always keep up to date with the latest http://managingyourownmoney.blogspot.com/2008/12/managing-your-wealth_22.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-2664434072474693109Sat, 13 Dec 2008 16:55:00 +00002008-12-13T09:17:26.278-08:00EducationEvery month, when you have extra savings, what will you usually do?I have asked many people this question, they gave me various answers such as save it for the rainy days, buy things they want or change his or her car.If you are new to the working world, the BEST thing to do is to SAVE it for the RAINY DAYS for the first few MONTHS. Instead of spending lavishly on expensive meals, branded http://managingyourownmoney.blogspot.com/2008/12/building-wealth.htmlnoreply@blogger.com (Blog Manager)2tag:blogger.com,1999:blog-1267472112671216914.post-4261571314721468727Wed, 03 Dec 2008 17:41:00 +00002008-12-03T09:54:50.108-08:00EducationA working person usually have only 1 source of income, which is their PAYCHEQUE.When the source of income is concentrated to 1 source, the risk of losing your income is higher. To reduce this risk, there are a few methods, but I think the best is either Insurance Plan or Alternative Sources of Income.Regarding Insurance, I suggest the best you seek professional advice but for the Alternative http://managingyourownmoney.blogspot.com/2008/12/diversifying-your-source-of-income.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-6417151411996912032Wed, 26 Nov 2008 15:53:00 +00002008-12-03T09:50:13.457-08:00EducationWhen one started working, they are exposed to many risks, such as accident, sickness and also company might goes bankrupt.To protect themselves from such risks, it is advisable for them to buy insurance. The protection here is in terms of funds, not defensive shields like those in ancient war. Please don't misunderstand.When one of the above mentioned incidents occur, they will have cash paid to http://managingyourownmoney.blogspot.com/2008/11/need-to-protect-yourself-and-your.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-6145533129317713008Sun, 23 Nov 2008 18:21:00 +00002008-11-23T10:39:55.666-08:00EducationThe 1st criteria in financial planning is obviously INCOME.There are many types of income. E.g. your salary, investment gains, business profits and also allowance.When there is an inflow of income, then only financial planning as well as money management takes place. Managing your money wisely is necessary as the effort of earning money is difficult and tough. People work very hard just for the http://managingyourownmoney.blogspot.com/2008/11/main-criteria-for-financial-planning.htmlnoreply@blogger.com (Blog Manager)1tag:blogger.com,1999:blog-1267472112671216914.post-4611089842676186877Wed, 05 Nov 2008 13:43:00 +00002008-11-23T10:21:25.126-08:00EducationThe line, "Failing to Plan is Planning to Fail" is a popular line that we often see on advertisements and read in papers.Most insurance companies and financial consultants have used this line to psycho you into their business. They will introduce you to multiple plans that they say will bring great returns. As a result, many people end up paying for many unnecessary premiums and buy investment http://managingyourownmoney.blogspot.com/2008/11/financial-planning.htmlnoreply@blogger.com (Blog Manager)0tag:blogger.com,1999:blog-1267472112671216914.post-578662322292983935Sun, 02 Nov 2008 12:20:00 +00002008-11-02T04:39:20.174-08:00EducationThe 1st step of managing your money is to find out how much money you have and how much money you spend. (inflow and outflow)Most people nowadays are aware of how much money they have, but are unaware of how much they actually spend. In order to keep yourself free of debts, you should start tracing the inflow and outflow of your money.For example, your pocket money is RM500 a month given to you http://managingyourownmoney.blogspot.com/2008/11/keeping-records.htmlnoreply@blogger.com (Blog Manager)0