Little actions in life to save

Happy Saving~

1. Switch off the unused switch

We usually have a bad habit that when we enter a room, we will certainly switch on ALL the light even when it is unnecessary. We should switch off unused switch so that we can reduce the electrical charge. Besides, we should remind ourselves to check if all the switches are off before we leave the house. Do you know that in Sarawak, those consuming less than RM 20 per month are paid for by government which mean that if we used less than RM 20 of electricity, we would not have to pay for the electric bill.

2. Turn off the water tap/ hose

Always remind yourself not to let the water running while brushing your teeth. Moreover, it is advisable to wash the vegetables and fruits in a basin of water rather than bathing them under running tap. And do you know that there are a lot of advantages of saving the rain water? The storage of rain water can be used to wash the toilet, water the plants, wash our car, clean the car park... ... 

3. Selling recycling items

We could collect old newspapers, unused paper or aluminium cans and send it to the recycling center. Doing this is just like killing two birds with one stone. We get to save our Mother Earth and we get pay for the recycling items too. My family get to do this for years and we are always happy to see daddy coming back with ABC which is bought using part of the money.

Saving 10 sen an hour means you are saving RM 2.40 a day. Saving RM 2.40 a day means that you have saved approximately RM 72.00 a month. Hence, saving RM 72.00 per month means that you can save around RM 864.00 a year. So, do not look down on a single cent you have saved. It might buy you a smartphone after a year. ;)

Be a rational consumer to save more! ( Part 2)

There is a saying goes, 'Time is money". Most people think that it is fine to spend their money on anything they like without saving because they can earn it back anytime. However, if we are extravagant in spending our money, it is actually a waste of time where we have to work hard to earn it back again. On the other hand, if we have systematic financial planning, we could shorten our working days and finally retire earlier than the others. Don't you want to have a trip traveling around the world when you are still fit?

As a smart consumer, we should :-

1. Make a shopping list before going to the supermarket or shopping mall to avoid unnecessary expenses. Do not get attracted by the PROMOTION, DISCOUNT or CLEARANCE SALES! Remember WHAT YOU NEED but not WHAT YOU WANT. Buy the things you have targeted on the shopping list only.

2. Spend for your needs, not for your emotion. SHOPPING MAKES YOU HAPPY Do not shop without abstinence when you quarrel with your partner, especially girls. Otherwise you might regret for hurting your own wallet.

3. Learn to compare. Compare prices of things we buy to save more.

Do not look down on the simple decision we made. It may influence our status quo and future. If we spend extravagantly, we are not only wasting money, but our time too.

Handle our money well to create a better future :)

Be a rational consumer to save more! ( Part 1)

In this modern era, whenever you are reading magazines, watching television programs or stepping into the shopping mall, you may easily sense something fishy. It's either year end discount or the buy one free one promotion. The businessmen are just like hunters. They set up traps to tell us that, 'there's something good for you~ come and get it!'. At the time we are trapped, just then we realize that our pocket is bleeding.

In certain condition, some consumers just cannot refuse the temptation of little free gift and ending up buying things they do not require. This act is just like buying a cow just to get a rope. Even when the goods are very cheap, if it is unnecessary, still, it is not worth to buy it.

Economy in our country is now facing recession. In order to survive, we must live a moderate life. People should starts to reduce on unnecessary expenditure. For instance, we could eat 'nasi lemak' breakfast instead of dining in Starbucks. If we have found comfortable shirt to wear at the 'pasar malam', why should we sneak into Hush Puppies outlet?   

In a nutshell, as an astute consumer, we should have self-restraint before buying anything in order to avoid unnecessary expenses. We should know it is hard to earn money. So, we should always think twice, or even more before spending it.

Saving, simplest way of Financial Protection~

As a saying goes, "A penny saved is a penny earned". Saving money in our piggy bank is almost same as earning it because it will still be in our pocket. Only if we have perseverance in saving, we will for sure accumulate more than what we have expected.

Days before, i read an article about the concept of money to celebrities. Bill Gates is the co-founder of Microsoft which is the world largest PC software company. He is the richest man in the world whom net worth is 79.2 billion dollar. However, he never squander his money. There's once, Mr. Gates went to Hilton Hotel for a meeting with his friend. Unfortunately, there was no more parking. His friend suggested to park the car in the parking lot for VIP which charge 12 dollars. Mr. Gates refused even his friend volunteered to pay for it because he did not think that it is worth to spend that 12 dollars. Lastly, they still able to find a space to park their car. 

We might think that, 12 dollars are just a tiny part of his wealth, why should he acts like this? As a entrepreneur, he profoundly understand that we should not waste on what is not worth for, even a single cent. He has taught us the virtue that we should always save for a rainy day and makes us realize what 'many a little makes mickle' means.

Financial Protection

Let's have a brief introduction to my topic, Financial Protection. Referring to the definition aforementioned, we get to know that financial protection is mainly about what can we do to 'protect' our money and property or even 'grow' them for a better future.

Living in this highly materialistic society, we know that only money can bring us an i-Phone, a Porsche, a mansion, or a trip to travel the world. For the sake of more money, a person with enough greed can do almost anything to get it. Corruption, robbery, kidnapping and all kind of crimes related to money are just like spices in the newspaper which appear daily. Do they really need to do these to prove that money is very important to them? But why do the others can be freed from financial problems without committing crimes?

These acts can only prove that they are not rational enough. Only if they can plan and manage their money and property systematically, they would not have to 'kill' for money. So, financial protection is a good way to lead people in a good path.