Maybe some of you didn’t know that now your driving license will be renewed according to your birth date. Read More

For those who own a BIG card from Tunemoney, they are having a redemption promo where you can redeem Airasia flights for less points. However, in the banner they say tickets are from 100 BIG Points, but I checked that most flights from Malaysia costs at least 500 points, so check your points and make sure you have enough points to redeem. More info on the redeem points go to http://www.tune2big.com/my/en/redeem.html . Offer from 8-12 Feb 2012 and travel period 15 Feb – 31st March 2012.

It seems that there is one small detail that I came to know recently that makes the SARA 1Malaysia scheme unattainable. You need to be married or a single parent to qualify to apply for the scheme. so that makes it out of the reach for most young, recently graduated PTPTN loan holders.

So much for helping the people. This makes it only look like a half-hearted attempt to help the people in need. Oh well, we’ll just have see what other schemes the government are scheming in the future

In my last post, I introduced to the readers about Skim Saraan 1Malaysia or SARA 1Malaysia. I mentioned that it was not a worthwhile investment if you are not in the low income bracket and how the banks would be the only ones profiting from the deal. However, after contemplating a bit, I came up with a use for the mere RM134, even if you are not in the lower income group. Read More

Yesterday, the government announced the establishment of a new trust fund scheme called Skim Amanah Rakyat 1Malaysia or SARA 1Malaysia. Basically, its a fund similar to ASB (Amanah Saham Bumiputera) where people with a household income of below RM3000 can purchase RM5000 worth of shares at RM1 per share and get a guaranteed return of RM134 per month. Read More

I was never a big fan of buying cars. I was thinking of using my families spare car as long as possible to avoid having a loan over my head. Its not that having a loan is bad, its just that I think cars in Malaysia are overpriced and I think it’s ridiculous to spend a big portion of your wages paying off a loan for the next 9 years. Read More

In the recent Airport tax hike for usage of the LCCT in Sepang, a lot of commotion was happening on cyberspace, particularly related to Tony Fernandez’s Twitter posts which gain a lot of attention from those following his twitter profile. Read More

The part of the month that people hate the most is when you get the bills. Each month we pay a stack pile of bills including electric bill, water bill, astro bill etc. My parents will usually pay the bills in cash at the post office but for me its a waste, because you can earn more by paying in other modes of payment. Read More

Being a staff in the KL Islamic Finance Forum 2011 (KLIFF 2011) is truly a blessing. I have learnt quite a lot from the discussions among the policy makers of Islamic finance from around the world. Most importantly how does the Islamic finance system differ from the conventional system. Read More

It seems that Tune Money and Air Asia have join forces to launch the BIG Card. Read More