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2008-08-11T15:44:00.003-07:00

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Nuraina A Samad's 3540 Jalan Sudin

2008-08-11T15:44:00.001-07:00

Who’s richer? Siapa lagi kaya? Part 2

2008-08-11T15:38:00.001-07:00

Who’s richer? Siapa lagi kaya? Part 2

April 1st, 2008

Part 1 is located here.

Now, consider this:

You earn a salary of $10,000 per month and your expenses amount to $9,900 per month. You live an extravagant lifestyle, accompanying yourself with a the latest gadgets and machines, expensive cars, and etc.

Your friend earns a salary of $2,000 per month and his expenses amount to $1,500 per month. He lives a modest lifestyle.

Assume also that other things remain constant (ceteris paribus).

Now, the big question. Who’s better off?

If your answer is you are better off, I beg to differ.

Think about it, at the end of the day, you are left with only $100 in your pocket while your friend is left with $500.

What matters is not how much you actually earn but how much there is left at the end of the day to be set aside, to be invested, and to be used to grow your asset base. The salary criteria alone is not a huge factor to determine whether you are well off or not. It’s how you manage that money to your advantage.

Robert Kiyosaki’s Cashflow 101 board game illustrates this point pretty well. It doesn’t mean that if you’re a high-flying lawyer (not targeting any lawyers here :P ) earning big bucks, then you are way richer than the truck driver earning a modest salary. All that matters is how you manage your expenditures’ list, folks.

Unless of course, if you measure wealth by who’s got the latest mobile phones, designer clothes, biggest cars, then, it’s different. Though, I don’t think that these are good indicators of a person being well off or not.

Alright, till next time folks!

Ah, Marina Raja Petra

2008-08-11T15:36:00.001-07:00

Ah, Marina Raja Petra

pic by TV Smith
The perfect Muslim wife. For an hour, Marina Lee Abdullah, a grandma of two, refused to answer questions posed by her interrogator at the Dang Wangi police station in Kuala Lumpur. From 11 am to noon, she repeatedly told the Investigating Officer that, "As a Muslim wife, I am obligated to obey my husband, who has ordered me not to answer any question."
Raja Petra Kamaruddin, who runs Malaysia Today, the on-line news portal that has run many exposes on certain government leaders, accompanied his wife during the interrogation. He was detained at the same police station for 8 hours late last month following an Umno police report against a poster's comment in Malaysia Today.
A small group of bloggers, including the daughter of a former Prime Minister and the daughter of a former ISA detainee, who were at the police station to lend their support, waited until Marina's ordeal was over.
RPK thanked everyone for their support.

p.s. And the intimidation continues.... We heard an on-line writer, an author of several books, has been summoned by the police, believed in connection with Umno's police report against RPK.

PERANG MAHATHIR ANWAR ANSARA MUKHRIZ

2008-08-11T15:03:00.000-07:00

TARIAN PERANG - PARA
Ketuanan melayu....
Lawan tetap lawan Tun...
With all due respect I simply agree...
Let em' know blood is thicker than water...
FOR U ANWAR...
click here
http://www.youtube.com/watch?v=8JqD5zeLJ6o

2008-08-09T12:38:00.001-07:00

Posted: Sun Aug 10, 2008 3:31 am Post subject:

“The important thing is not what they think of me, but what I think of them.” Queen Victoria, 1819-1901.

2008-08-09T12:37:00.001-07:00

Posted: Sun Aug 10, 2008 3:37 am Post subject:

“Never wrestle with a pig. You both get dirty, but the pig likes it.” Anonymous...of coz

vernon mr manager blogspot

2008-08-09T12:30:00.001-07:00

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Nuraina A Samad's 3540 Jalan Sudin

Nuraina A Samad's 3540 Jalan Sudin

Who’s richer? Siapa lagi kaya? Part 2

Who’s richer? Siapa lagi kaya? Part 2

Ah, Marina Raja Petra

Ah, Marina Raja Petra

PERANG MAHATHIR ANWAR ANSARA MUKHRIZ

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