Living from paycheck to paycheck..... again!

Money is not everything

When you don't have money, usually money can solve your problem!

E.g. when you are broke, and your girl friend (or her family) don't want you.... is usually because you are broke. once you have money, most likely your problem will be solved.

E.g. when you are broke, and you are damn sick, usually the solution are there, is just money issue, you need money for operation, you need money for living expenses etc. Mr. Money can help you.

E.g. when you are unhappy while you are broke, your unhappiness is mostlikely because of limited fund instead of other problem. Money is your best friend!

When you have money, it's the time where money cannot solve your problem!

E.g. You girl friend dump you... she dump you probably because of your personality or erational disfaction.

E.g. when you have money, your health issue is usually cancel, diabetes, high blood pressure, kidney failure, AIDS, high colestrol level etc. Those sickness that money only drag your life longer, but cannot be cure! Those are the "Richman sickness". Poor fellow usually have no such issues.

E.g. When you are unhappy, it's more likely that is not money related. i.e. Money cannot solve your problem.

Money is poor man's best friend and rich man's worst enemy.

Norm'C

PS. Once again, I am living between paycheck and going back to the rat race. How can I repay my 60K credit card? bird nest is the answer.

Did your bank officer told you?

I must admit i was not having enough financial intelligent back then....

but now, things are different. I learn a lot! and now, I am teaching you F.O.C.:

1) Did you read your bank loan agreement the moment you sign on it? most likely not. The lawyer firm clerk ask you to sign on the last page and initial on each page. How many of you have the same experience? say ai...

2) Do you immediately get a copy of your loan agreement after you sign it? most likely not. Because the clerk will tell you, they need the lawyer's signature, then, they have to go to IRD to pay the stamp duty. They will mail you a copy after it was done?

3) After the agreement is received, did you check on the T&C? most likely not, because it arrive the time you are busy, btw, it's already 1 month past, it's no longer in your attention to look carefully onto the T&C.

That is the first mistake.

1) Did your bank officer tells you about the exit penalty? how much was it?

2) Did your bank officer tells you about how the interest is calculated? What will happen if you pay more?

3) Did your bank officer explains to you how BLR work? and you might end up paying more if BLR goes up?

4) Did your bank officer tells you about the Mortgage reduction term assurance work (MRTA)? Under what situation you can claim and how to claim etc?

5) Did your bank officer explains to you what will happen if your payment is defaulted.

6) Did your bank officer tells you how to reduce the interest? How to finish your term loan sooner?

7) Did your bank officer explains the statement to you? that you are paying too much interest?

8) Did your bank officer gives you a repayment schedule?

For my case, I was cheated by the bank.... yes, literally cheated.

I am going to go strait to the point to teach you how to save interest.

1) Increase your monthly repayment amount. For doing this, you need to go to the bank and fill up a form. I bet your bank officer never told you, right?

2) Withdraw EPF and do capital repayment.

3) Currently, most bank are giving a much better deal then previous year. You need to go to ask your banker, to reduce to interest rate.

If you want to know more, contact me.

Norm'C

Another SMART project from BN Government!

2009/03/03
Flash floods wreak havoc in KL, thousands strandedBernama

KUALA LUMPUR, TUES:
Thousands of people were left trapped and stranded either in buildings, bus stations or light rail transit stations in the capital city following flash floods after a downpour since 3pm.

Not so smart after all. Where is the SMART tunnel? Not working?