Wealth Building, Retire Early, Personel Money, Financial Planning, Saving Tips
Below are two scenarios of what nowadays younger do for their financial planning after graduate. Obviously they do nothing for it. Financial advisor always said that, financial planning should start from your first pay check and it is never to young to have a retirement plan.
Since I enter working society, I came across knowledge of financial planning. Financial planning articles are in every corners of media like news, books and radio. Financial planner always urge ever y persons should do financial planning regardless rich or poor. If you are poor, more likely you should do your financial planning.
Amanah Saham Malaysia (ASM), a unit under Permodalan Nasioal Berhad (PNB) had declared a 6.30 sen per unit dividend to it shareholders with financial year end 31 March 2010. There is improvement of 0.05 sen compare to 6.25 sen per unit in 2009. ASM actually can pay 7.30 sen to shareholders but they had retain 1.00 sen for future investing purpose. Therefore, only 6.30 sen paid to shareholders.
Yesterday, I slipped in the toilet and fall down. My head knocked seriously on the hard floor. Obviously, it bleed but mine is more from that. There was a cut on my right forehead. I was sent to the local private hospital and got sewn on the cut. My family scare there might be some unforeseen damage in the inner part of my brain. Therefore, I went for a CT scan ( some sort of high tech scanning instrument). Luckily there was no inner damage to my brain. Phewww….
This is my first time setting my financial goal in life. The purpose of setting the financial goal is to guide me towards financial freedom in the future. I have a dream to achieve. Therefore, I need to have a goal that act as my route map to financial freedom or else I may deviate from the journey.
It is end of the year and dining promotion is everywhere, especially for Christmas eve and New Year eve. I had a romantic dinner with my girlfriend on Christmas Eve but it do not come with cheap. I spend hundred ringgit for a one hour plus dinner on Christmas eve.
I started my investment journey at the end of 2007 in ASNB. I know nothing about investment that time. What I know is the dividend rate of ASNB is higher than fixed deposits rate in bank. That’s all. Since I have extra money not in use, so I get my all extra into the ASNB. All these year ASNB gave me 6-7 percent dividend.
