Are You Financially OK?

Malaysian Government implements Movement Control Order (MCO) for 28 days since 18-March-2020. Non-essential businesses are not allowed operation and all people are requested to stay at home in order to curb COVID-19.  

Has Outbreak of COVID-19 Affected Your Life?

It is rather sad to see the outbreak of COVID-19 around the world. Malaysian Government has imposed Movement Control Order (MCO) to curb the spread of COVID-19. Initially, the implementation of MCO was between 18/Mar/2020 and 31/Mar/2020. Within this 2-week period, we are advised to stay at home except purchase of daily necessities. Even so, purchasers are advise to keep their purchase period short and return home as soon as possible. Only shops that are selling daily necessities are allowed to operate while the others must be closed during MCO period. Malaysian Government later announces extension of MCO to 14/April/2020. First few days of MCO, many feel bored at home. I become puzzle how could this happens. Aren't these people having their hobbies? Since they have more time for themselves now, isn't it true that it is a good time to do what you like?

Thank you! My Fellow Readers

Few days ago, I received a postcard from one of my readers, KM (initial of my reader), who shared with me about how he had benefited after reading my "Freedom".

Taking this opportunity, I would like to express my thanks to KM for your praise. KM particularly emphasized on how important on knowing "Personal Inflation Rate". Yes, indeed. Without proper inflation rate on financial needs calculation, your financial plan might not realistic. 

A Sure Way Towards Financial Freedom

Extracted from Sin Chew Jit Poh Fortune Investment Weekly dd 10th Feb 2020 Page 22

This Chinese article is sharing how an 30-year-old American accumulates $1 million at the age of 26. His secret is very simple: Live Frugally. He is a Youtuber cum real estate investor. He claims that he is not a big spender and saves 99% of his income. For example, he doesn't go to expensive cafe for coffee but buying coffee beans and make it at home; he doesn't go for branded outfit but go for cheaper alternatives; he compares prices when shopping etc.

One Year Anniversary of My Early Retirement is Coming Soon

By mid-February 2020, I will celebrate my first anniversary of my early retirement. My friends keep asking me questions like:

1. How do I feel for the past one year? 
2. Do I feel bored? 
3. How do I spend my ample time?