Archive for September, 2007

3 Strategies Fighting Debt

Everyone knows saving and investing are keys to build a financial powerhouse. However, as borrowing is getting so easy now (e.g. 0% interest installment plan) and the cost of borrowing is relatively low, understand how to manage your debts can be even more important than building future financial wealth.
Here are the 3 common […]

Instant FD Interest Payment: Fixed Return Investment Account from CIMB Islamic Banking

It used to be that you would only get the interest payment of your fixed deposit at the maturity date. No more! Through its Islamic Baking arm, CIMB has just launched a new FD that pays the interest up-front. Called “Advance Profit,” the first of it kind, it is a Islamic fixed […]

Monthly EPF Account II Withdrawal - Good or Bad?

The dream was crushed – there was no personal tax rate reduction, and no separation of EPF contributions and insurance premiums. For an ordinary wage earner, the 2008 budged was if not disappointed, unimpressed!
Through out the word, wage earners are the most dutiful taxpayers – they simply can’t escape the tax man. Well […]