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Long time ago, to carry a credit card is like a carrying badge of honor. Silver credit cards were so difficult to get, let alone the gold cards. To carry a platinum credit card was like as if you have achieve something in life. But, the reality is that you are more than prepared to […]

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One of the most interesting case studies I did when I was in college was to review the operations of Grameen Bank of Bangladesh. I was most impressed with the sacrifices and commitment of the bank founder, Muhammad Yunus to establish microcredit financing for the very poor. Muhummad Yunus in his pursuit to help the […]

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The recent rumor about possible petrol price hike on 1 January 2008 has given me a wake up call to re-look into my car’s petrol consumption. My current car, Naza Ria, is a petrol guzzler. I drive about 100 km to and fro work daily. Needless to say, whenever there is a petrol price increase, […]

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Owning a car comes with a few other responsibilities like maintaining the car, renewing road tax and car insurance. Having to remember the date for renewal is a mental stress for me. I hate to be caught by enforcement officers for driving without a valid road tax or car insurance. The next challenge is to […]

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The subprime mortgage financial crisis which has yet to be resolved, is caused by foreclosures of subprime mortgage. Borrowers are unable to meet their financial commitment and lenders are unable to recoup their losses. This caused a meltdown in financial market and forced many banks to re-evaluate the risks they are taking. This caused the […]

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Be patient. Don’t buy that new gadget today. Wait a month or two and the price will certainly go down.
This statement is so true. There is no reason to chase technology and buy the latest gadget unless we desperately need them. I do not buy the latest model as it’s very expensive. Recently, I […]

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Inflation keeps going up. Prices are going up as well, if not faster than inflation. Price increase is not incrementing cent by cents. Nowadays, it’s going up in the increment of 5 cents or 10 cents. All this depends on the generosity of the business people. Consumers like us are at their mercy.
I used to […]

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