Assalamualaikum w.b.t.,

Hidup di dunia yang sementara ini banyak mengabui mata kita tentang matlamat kehidupan yang sebenarnya. Kita semakin terdesak dengan himpitan kehidupan dan berlumba-lumba untuk mencari kehidupan yang lazimnya lebih menampakkan keduniaa semata-mata.
Apakah ada di antara pelaburan yang semakin hari semakin kurang diberikan tumpuan? Namun, apakah kita menidakkan keperluan yang perlu kita sediakan di dunia bagi persediaan akhirat? Bagaimanakah pula pelaburan di dunia yang wajar dilakukan untuk persediaan akhirat kita? Wajar rasanya kita sama-sama bincangkan dan jadikan maklumat bersama ini sebagai panduan kita merentasi dunia untuk menempah tempat yang selesa di akhirat kelak, insyaallah.

Pandangan serta komen rakan-taulan, pak-pak ustaz, profesionalis, akauntan, hartawan, dermawan, pak/mak wan dan sebagainya boleh dikongsi untuk dijadikan panduan disamping memperkuatkan ukhwah sesama kita. Sila diemailkan pandangan anda ke

Pemberitahuan: Semua maklumat di blog ini adalah pandangan peribadi melainkan dinyatakan sebaliknya. Sila rujuk kepada institusi atau badan yang berkaitan untuk maklumat lebih lanjut. Sebarang rujukan dari blog ini adalah risiko sendiri.Pengarang tidak bertanggungjawab di atas sebarang masalah yang timbul disebabkan oleh bahan diblog ini.

Friday, October 19, 2012

Do this consider WARNING!???

I'm  wondering and "worrying".....  My parents always remind me, don't spend when you don't have money...

Thestar: Thursday October 18, 2012

Household sector emerges main debtor of local economy


Prof Mansur says of the total lending to households, more than 30% goes to the property market financing and car loans. Prof Mansur says of the total lending to households, more than 30% goes to the property market financing and car loans.
KUALA LUMPUR: The household sector is exposed to inherent risks in the local financial system as it is the main debtor of the local economy with a household debt to gross-domestic-product ratio of more than 70%, said a professor of finance and econometrics.
Prof Dr Mansor Ibrahim of the International Centre for Education in Islamic Finance said the main concern in the country's economy was household debts.
“Before the Asian crisis, more than 60% of lending went to corporations while after the crisis about 40% (of loans) went to corporations while 55% to households.
“Of the 55% to households, more than 30% (of loans) goes to (finance) the property market and car loans.
“Maybe the prices of houses will drop later on. The current situation we have today is that households (have) borrowed a lot.
“These are the concerns that can expose risks and affect the lower income group,” he added at the Santai seminar Budget 2013 forum organised by Salihin Chartered Accountants here yesterday.
He noted that past crises had showed financial policy options had became “difficult” as the government could not “increase, contract or expand” the monetary policy without having side effects.
He credited the Government for trying to reduce the budget deficits in the latest announced Budget 2013 but said more should be done to further reduce these deficits.
“These continuous budget deficits is a concern - we have had budget deficits since 1998. The government has tried to reduce these deficits but it is still there.
“The issue here is that whether we can go back to a budget surplus as had happened three to four years before the Asian crisis - can we have a balanced budget?,” he asked.
“When we have deficits and these deficits goes to consumption, we use money meant for the next generation - our kids consume today with the hope that their kids will repay the government,” he added.
He also noted that Malaysia being an open economy would be subjected to the fortunes of the main economies of the world such as as the United States and the eurozone countries.
“What happens abroad will affect us as we are a trading nation. There are factors that will affect future outlook in 2013.
“These are the present struggle in the eurozone and the United States to cope with financial crises, trade imbalances between China and the United States and future trend of commodity prices,” he noted.

Thursday, October 18, 2012

Very Nice Illustration of DEFLATION...?

Assalamualaikum w.b.t.,

How much do now Malaysia JAMES BOND?

Lets see what bond means and "DEFLATION" all about... case story "UNCLE SAM"...

Wednesday, October 17, 2012

Interesting Income Figuress?

Today  I get few interesting figures.... How correct, correct, correct the figures are I don't know...

Please check and confirm yourself.... and don't be caught by AES cameraman... it is not a free flash... flashing means pay...  Ha!x555... 1Funny boleh land... it is easy to make money from so called "rakyat" sweat... and the worst blood bussiness...

How much can you earn when you keep or invest your hard earn money in pilgrim fund? 6%??

How much is the bonus for tabung haji employee?? I also don't know...

Ha!x5... I dreams my pilgrim fund grow at least 30% yearly but, your dreaming only maaannn,  but... the below shows bonus can be as high as 1000% in tabung haji with extra dividend of  570%.

Do you believe... Aaaaaa...! Nop!... hard to believe.... See below...

Okey one more question? Which position in the below salary scheme with super +++ additional allowance that not accounted in their payslip, paying the highest TAXXXX.....???

Sunday, October 14, 2012

Part 2: Working in Public or Private Sector; Security and More Saving?

Assalamualaikum w.b.t.,

Part 1: Let see how fair is our TAXXX between Private & Public Sector

Continue in Part 2.

As discussed in Part 1, the same level of earning between Private and Public sector shows that those who works in Private sector have to pay higher tax in exponential magnitude compare to their counterpart in Public/Government Sector.

Long time ago basically there is a significant different in salary figure between these two sectors, where Private Sectors being paid with higher salary due to work load, working longer hours and stress full torture environment compare to government sectors. Due to salary different quite significant, the policy maker create in such allowance with tax release for government sectors that equivalent of half income. Therefore, income is equivalent of salary plus allowance. But those in private sectors, allowance still taxable.

Continuous fight by CUEPACS and Political "Pembangkang" to uplift the quality of government sector services, the salary were revised a few times where the income now at par with private sector or even much-much better due to multiple unlimited benefits were introduced and created. But still the allowance is non-taxable for public sector.

Now, there is another super surplus benefit that make this public sector become more and more superior than private. It is pension / "pencen". In private sector, salary was deducted to EPF to prepare private sectors for their retirement time between 9%-11% percent from their salary and on top of that their employer will add some more around 12%.

For public sectors, no deduction being made in their salary since they are entitled for government pension scheme at their retirement time. So what the different then? No deduction for public sector for retirement fund at all.

Lets consider both at the same age having the same income of RM6000.00. In previous part, i did simulate that both of them took takaful or life insurance or EPF deduction of RM6000.00 that can avoid from tax. Now see who did can save more and can avoid tax more?

Therefore, what ever takaful/insurance taken by private sector employee won't benefit tax exclusion due to already reach maximum tax deduction of RM6000.00. Here it is showed that public sector bring extra more money home of RM6000.00++ yearly plus free retirement scheme that no need to be deducted equivalent of RM8000.00 yearly.

So think trice when looking or fighting for jobs. Part 3 will come soon. Quite busy now.

Monday, October 8, 2012

Good Infromation...

Many of us in private sectors working hard to keep our employment by  working over the  time without additional payment. 

Some of us later doing other jobs on the weekend or after working time, looking for extra income to  cover shortages.

Why this happen? Can we explain whats are  happening? We was told that our national economy is stable and "RAKYAT" live happily. So called subsidy being given, do they?

Why "RAKYAT" very concern about extra income now? Why many so called tax payer in middle income group suffering with shortages of fund for living? Do they really not a good  financial planner as what was discussed in below article or  they stuck in higher expenses due to their range of income make them not beneficial anything from so called budget for rakyat.

Some point  that we need to see in depth:

i) High tax and unfair tax for middle group of income

ii) High Children tuition fee for nursery, enrichment class and etc due to lack of knowledge gain from the  normal school class. Why currently most of the students need to go for extra tuition class? Nowadays standard 1 / year 1 also go for tuition? Do our schools very poor in educating students?

iii) Healthcare cost rising? Who pay for the bills?

iv) Saving fund performance very poor, let see EPF as an example..

v) Inflation rate and living cost rising? Food price increase

vi)  Rising of basic tariff such electricity will make other goods price rising as well. What will happen when petrol start rising after GE13? Do we still have choice here?

vii) Rising of houses price? Who really benefit with the rise? Bank? Government? More tax?

viii) many more...

What I heard, after 2013 budget tabled and government servant get their bonuses, tuition such nursery care start rise their fees? Why? This due to rising of cost of living, every thing rise without control. When goods price rise then more tax will be collected. Once Government Sales Tax (GST) being implemented, more tax will be collected by this GOMEN... bringing to another level of personal financial planning to battle the shortages of our income for our own family.

Do we really the poor planner or the way of the economy design by the ruler make us poorer. Kapitalis system being employed here, to make the richest and "power holder" will be always on top and on power ... Then GE13  is your choice for  a change...

Thestar: Monday October 8, 2012

Financial Snacks

Some of you may wonder why our finances are not in great shape and do not seem to improve month after month.
Have you ever thought if you could have been focusing on the wrong side of your personal financial health equations?
Your Financial Equations simply tell you if you are above or underwater in your finances.
The most important 3 are as follows: JOYCE CHUAH writes

Income - Expenses = Savings

Income is the common part of any savings equation. However, what is more important is expenses. Are you surprised? If you focus your attention on managing on your expenses on a higher level of consciousness, you can quite immediately increase your savings. Increasing income is possible but it takes time which means waiting for an increment, working 2 jobs or even starting a small business which has a gestation period for results.

Returns - Inflation = Real Returns

We are all too obsessed with returns. We check out the best FD rates in town, and queue up for deposits that give slightly better returns than FDs. Many times, our focus moves away from inflation, which is after all an important element in providing you your real returns. So, don't just chase after raw returns which do not give you a positive return after your personal inflation rates.

Asset - Liabilities = Net worth

"So as you can see, George dear, I can substantially improve my personal financial health equation by removing you from it".   

"So as you can see, George dear, I can substantially improve my personal financial health equation by removing you from it".
A commonly used barometer used to rank wealthy individuals is the amount of net worth the individual has - hence the term “high net worth individuals”. Increasing assets and reducing liabilities will surely increase our net worth. However if we have limited resources, how much can we do to increase our net worth? One way is to focus on your liabilities check if you too under geared that you are compromising the growth of your net worth? Start thinking like a business person they usually leverage on Using Other People's Money' i.e. borrowing prudently to make more money. Think about it.

Sunday, October 7, 2012

Part 1: Let see how fair is our TAXXX between Private & Public Sector

Assalamualaikum w.b.t.,

Budget 2013 just tabled by PieeM. And it is said that for those tax fall below 24% will be reduce for 1%. Let say our tax fall under 19%  (RM70K level) and 12% (RM45K level) then we will get 1% reduction. Correct me if I am wrong.

Many people did contact me especially young graduates to get advice the best place to work. Ha!x5, I'm not the financial adviser and also work for government human resource department (HRD). Even I think, we don't need those two department because we have very prudent smart national financial controller and human resource planner, namely PieeeeM and TrrrrPieeeM.

What ever "lah"... Please correct me if my simulation below is wrong... errr..eee. errrr...  My promise to compare both tax and will guide... oppsss sorry, will share my opinion where is the best sector to work  from what I see and what I heard and what I had experienced...

Part 1: Income Tax Point of View

I did some calculation to show about the tax that being so different between public and private sectors. And why many private sectors worker murmuring-whispering-mumbling about their income balance sheet compare to their friends in public sectors even though their monthly income in principal is the same.

First reason, you guys in private sector is paying higher income tax...

I'm using the same list of deduction apple to apple comparison to get taxable income.  I deduct the income with below list for all level of income group. Please bare in mind. Public/Government sectors, their income = salary + allowance, where allowance is non taxable. Allowance is between 40% to 60%, in this case I just use flat allowance deduction rate of 50%.

Meaning to say, if in Private sector a man taxable income of RM100000.00, another guy in public sector with the same income is only RM50,000.00 taxable before other deductions being done. Refer to my  old post in archive.

"Asas pengecualian cukai adalah sama  bagi semua tahap pendapatan:
1)      Tolak  untuk individu RM9000.00
2)      Buku majalan RM1000.00
3)      SSPN RM3000.00
4)      Alat sukan RM300.00
5)      Jalur lebar RM500.00
6)      Anak 4 orang RM4000.00
7)      Takaful &  KWSP RM6000.00
8)      Takaful pendidikan dan perubatan RM3000.00"


1) In principal from the previous year, those with taxable income below RM35,000.00 a year is excluded from tax and entitle for RM400 tax rebate.

2) Those who in private sector with income RM100,000.00  was tax with RM7893.00 compare to their counterpart in public sector will get rebate for RM400.00.

3) The worst, for those who get paid RM200,000.00 in private sector have to pay tax of RM33,357.00 compare to public sector only RM7,893.00. RM25,464.00 difference. Wow, public sector save RM25,464.00. No wonder why government servant can buy luxury cars and buy big landed house. Who fall in this category in public sector? Usually Jusa-C/G54 or lower grade such G52.

4) Other category please see the comparison tax difference  in the table above ranging from RM1,609.00 to RM25,464.00.  The calculation just for these ranges of income group only. But from the graph you can estimate how much your tax figure difference at different level of your income yearly. Awesome figure...

If this figure wrong please let me know... I have "many-many" friends working in  public sectors... At first I feel strange how they afford to have better cars and houses compare to me... Actually they have extra money from tax savings since they pay lesser income tax than me... Ha!x5, funny isn't it.. More funny when big clown tabled 2013 budget... Ha!x5, what so funny, you find yourself...

To be continued... Part 2: