When we were young, the elderly people kept on telling us that the path to freedom is to go to school, get high grades, and land a job as an engineer, accountant, doctor, lawyer, or work with the government.
Then you can buy a car, get married, buy a house and live happily ever after. Sounds so simple, isn’t it?
After buying your first house, then there is this friend who told you, “Why don’t you subscribe to Astro? There are tones of good program there. Surely, watching Astro releases your tension and keeps you up to date with the latest info.”
So you called the customer service rep and asked to have Astro installed in your house.
Next, your neighbor Murad approached you excitedly telling you about the latest car model in the market.
“This is as good as it can get. If you trade in your old car now, then it’s the best deal you will strike!” So you follow Murad’s advice and decided to change your car to a sparkling new Honda. After all, what good is to have a run down motorcar which won’t impress the bystanders?
After 12 months, you decided to stop your Astro subscription as excessive entertainment is getting you all jittery. You don’t even feel very much up to date as claimed by your friend. The new house payment, car installment, credit card debts and increase in daily spending begin to take the toll and the financial commitment of all sorts of toys is starting to eat you alive. You now realize that you’re being trapped deep into the rat race, perhaps until the day you die.
You also discovered that those pumping you with advice are actually no better than you are. Like you, they are also sucked into the perpetual debt hole, which goes deeper as the days go by. You realized that you have learned from the wrong guys, and now you’re desperately trying to get your personal finance back on track.
That’s life it seems. Every day, we are bombarded with inputs and advice.
Some of them are good, and some of them are apparently bad.
Where documented guide is concerned, there are practically unlimited number of books in the market out there that talk about money habits and personal finance. However, a big chunk of them can be considered rubbish – full with theories and impractical guides, and only a handful of them serve the readers with usable, practical advice and tips.
This book – Top Money Tips for Malaysians, belongs to the latter category.
Being someone who is well on the path of achieving financial freedom, the writer, KC Lau is qualified enough to teach you a thing or two about money, how to get your life in order, and ultimately meet your financial goals.
What makes the book interesting is to know that he is achieving his goals doing what he likes and in his own styles. Towards the end of completing his engineering studies, he locked himself up to learn about improving his finance, while his buddies were busy sending out resume and applying for engineering jobs. KC thought that life has much more to offer than finding a secured job and work until retirement.
The book goes beyond advocating the readers to live within the means by empowering you to find other ways and alternatives that would generate extra cash flows into the revenue side of your financial statement. The fact that it was written to serve the needs for Malaysians in the Malaysian market made the book even more practical to read.
A very well written book, with too many new discoveries awaiting. Recommended for anyone with the right frame of mind to improve his or her personal life.
Other posts you may want to read:
- Selangor Book Fest, 25 July – 3 August
- BookFest @ Malaysia, 24 May-1 June 2008
- Angkasawan Launches Book
- Malaysia to Get Hybrid Cars
- Book: SKALI Lagi (One More Time)
- Is Your EPF Money Enough for Retirement?
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3 comments ↓
[...] Top Money Tips for Malaysians (Book) by KC Lau | SKORCAREER The book goes beyond advocating the readers to live within the means by empowering you to find other ways and alternatives that would generate extra cash flows into the revenue side of your financial statement. The fact that it was written to serve the needs for Malaysians in the Malaysian market made the book even more practical to read. [...]
Thanks for your review Zul!
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Thanks for the review
I like the comic illustration– kinda unique
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