Dollar and Sense

Yesterday watched the debut episode of Dollar and Sense, hosted by Bryan Wong.. this is a game show where 4 celebrities have the same amount of money which they can invest.. as times goes by, they face some difficulties like big problem, small problem, bankrupt or good news..

as a person who went through a course where money is mattered in ite, these are tips to be shared.. there is only one lesson that i shared but yet never applied on my own.. =/

1) dont apply for credit card.. the interest is the highest among housing loan, car loan..

2) in case of emergency, you must have at least 3-6 months of savings..

3) the lowest risk and lowest investment is fixed deposit.. this is the one that i had shared before.. but didnt applied because i dont have the minimum savings that required for the fixed deposit.. i remember got one newspaper report saying that now alot of elderly people are putting their savings in fixed deposit just to earn interest.. shake leg also got interest coming in.. eh, can share some interest to me.. i no money leh.. hehehe

4) if want to buy a car, make sure your salary is above 2k.. eh, i think i go and sleep and dream about it.. hai.. when is this dream going to be granted..

5) want to save, save more than 50% of your salary if can.. this is the most difficult lesson people can ever applied in life.. im not excluded as well.. but because of my family problems, i have to help them.. unless you are high-flier like some celebrities or businessman.. you never know when is the rain will come.. think for yourself instead of the materialistic things that you intend to get..

for me, as long as there is shoes, clothes to wear, food to eat, bed to sleep.. im contended.. i dont care how outside people look at me.. even handphone also want to gone case, i not complaining either.. my intention now is go through the storm with my family..i cant blame my family for the cause that they have gone through..i can only trust God who deliver.. the tips that i given is 100% harmless.. it will definitely come in handy..