Thursday, November 3, 2016

FINTech - Hire Purchase from Hong Leong Bank is HERE.

Hong Leong Bank (HLB) on Thursday formally launched its auto loan application platform called Loan2Go.

This makes HLB the first bank in Malaysia to roll out an off-site straight through processing mobile auto loan application platform on tablets for its sales force.

However, I check here and there, nothing. Disappointed.

Wednesday, November 2, 2016

Personal Finance - What book to read? The Millionaire Next Door


The Millionaire Next Door

The book highlights seven common denominators among those who successfully build wealth. They are:

* They live well below their means.
* They allocate their time, energy, and money efficiently, in ways conducive to building wealth.
* They believe that financial independence is more important than displaying high social status.
* Their parents did not provide economic outpatient care.
* Their adult children are economically self-sufficient.
* They are proficient in targeting market opportunities.
* They chose the right occupation.

Do any of those sound familiar for you?

Tuesday, October 25, 2016

New to Uber? Don't just use UBER, claim RM10 FREE Ride with Promo Code!!

I have met new Uber riders, use Uber without Promo Code. What a waste when Uber give you RM10 for your first ride.

How to claim it? Quite simple.

Skip to step 3 if you already register but not yet use.

Step 1
Download Uber app here.
Step 2
Register details
Very simple requirement
(credit card NOT required)

Step 3
After registered and "Sign In".... you are ready to request a car but wait....enter the promo code first.
Look for Menu (as per the arrow shown)
Step 4
Look for "Promotions", the click "Add Code"
Step 5
Enter the Promo Code MariUber and "APPLY".

Then you are good to go.

Sunday, October 23, 2016

Budget 2017 ~ Are you benefiting??

Nothing (much).

For most people, I think it is really nothing much.

For SME, 18% tax rate is better than 19%.

For non-SME, 24% still 24% but "incremental chargeable income" may be tax lesser BUT how many non-SME really benefit from it?

This year, more non-SME looking at lower profit. Next year, could be worst.

Individual, we have a NEW 'lifestyle' relief, better than nothing. The maximum benefit is 28% x RM2,500 = RM700 for those having income above RM1 million. RM700 is really nothing (much) for them.

Well, this budget is a disaster in making because
~ Malaysia spent too much on non-productive items
~ Have less productive workforce
~ People have less purchasing power
~ Revenue can not increase because of weaker economy, domestic and globally.

Tuesday, October 18, 2016

Why Independent Financial Adviser recommends "U For Life"??

Everyone has different needs and different budget.

Not everyone want a Financial Adviser but definitely everyone need to have financial planning.

Most people whom don't buy Life Insurance have the following reasons (or excuses)
~ Too expensive
~ Too complicated
~ Too much other commitments

NOW, it is easy to buy LIFE INSURANCE now.

U For Life
* First Online and Self Service (Do-It-Yourself) Life Insurance website
* Approved by Bank Negara Malaysia
* NO agent. No agency. No middleman. No commission to anyone.
* Really affordable, from RM9.85 per month onward (Male and/or older age pay higher)
* Minimum Sum Assured RM100,000 to maximum RM500,000
* Policy uses Simple English
* Simple Product
* Click here or scan the QR code to start

Those who need the advice can contact a Licensed Financial Adviser (e.g. to draft their personalised financial plan.