We proudly recommend the FREE first edition of eMoney Tips ebook to you. This is the baby of the first group writing project in Malaysia contributed by personal finance bloggers, practitioners, and even some readers of blogs. It shares the ideas and tips of personal finance such as wealth creation, insurance and investment.
We feel honoured to have a chance to publish one of our articles in this ebook.
Thanks to all the contributors especially KCLau (Founder and Organizer), Ken Neoh (Cover Designer) and Yow Chuan (Editor), who have made the project a success. Click here to download the ebook for FREE.
These are the contents of the ebook:
Creatively Invest Your Money by Amey
Investment diversification is a genuine financial “free lunch.” by Larry
8 Great Tips to Make Your First Million by Jacquelyn
Renting a Property by Mohd Fauzi Puniran
10 tips to stay poor (or things to avoid) by Bob
Turbo Charging your Financial Transformation by Father Sez
10 Ways How to Make the Recession Works for You by Yow Chuan
How To Survive in a Bear Market by Tushar Mathur
How to Find a Good Financial Advisor by The Financial Blogger
Gold Investment In Malaysia by Carson Ding
How to know if a real estate is worth investing? by OngKL
Is It Alright that We Buy Insurance Only After We Get Married? By Loke Cheng Leong
Accounting Loss vs. Real Loss By Jadelynn
Budget by saltlamp2u
Why do Rich People commit suicide during recession? By MTSen
All Money Made is Equal by KCLau
Read comments about each article here.
If you want to participate in this project or find out how you can benefit from it, read more about the project here.
{ 1 comment… read it below or add one }
5. Get a loan for everything… cars, a new bedroom set, a vacation ***BONUS: use credit cards with a 25% interest rate!
Using cash to buy things (especially items that depreciate in value) is the key to breaking out of the “poor” cycle. Ever notice what part of town you typically find the rent‐a‐centers? It isn’t where the wealthy people live. As Kiyosaki said in his famous book, “Rich Dad, Poor Dad” the poor (and middle class) buy their luxuries immediately and on credit. The wealthy wait, save up and buy it with cash.
The real idea is to buy assets first, then their asset buy their liabilities.
That is how the rich work.