Saturday, May 23, 2015

How To Become A Smart Consumer?

In this GST era, it is important for all of us to learn to become a smart consumer to stretch our Ringgit further. Thus, I share below some of the steps we can learn to become a smart consumer:

1) Compare prices
I noticed that prices in some of the supermarket in Kuching are much more higher than the other supermarkets. Try to visit different supermarket when you do your next weekly grocery shopping, then you will see the differences.

2) Purchase based on 'needs' and not 'wants'
Buy only what you need. Only if you have additional budget, occasionally go for what you want.

3) Know your right as a consumer
Ask for the official receipt. Look at small printings on products vouchers. Check the expiry date on items. Ask for details if you feel something is not right - be it the service, the price, the quality of the products.

4) Survey and gather information before making big purchases
Take time to survey whether online or walk in to stores to gather as much information as possible before making big purchases. It will be painful if later you realized that you had overpaid for what you bought or there's a better package/deal somewhere else.

5) Support retails shop with good practices
This is super important. If all consumer practice this, we all will be surrounded by happy consumers. Try to avoid supporting those retails shops who are taking advantage over consumer by offering overpriced products or provide poor customer service.

6) Plan your purchases
There is no need to go grocery shopping 3 times a week. It is wasting our time, our money and our energy. Plan for a weekly grocery shopping instead.

7) Think for long term benefits
Always think for long term benefits especially for big purchase items.

8) Be careful of the word 'SALE'I noticed that some departmental store in Kuching is always on 'SALE'. From Jan through Dec, there is always sales - Clearance Sale, Mega Sale, Factory Sale, Crazy Sale. But, in actual only some items are with discounted price. And for some clothing, they increased the price prior to the sale period. For example, the actual price of a blouse is RM80, but during sale season, the price increased to RM100, with 20% discount. So, the price after discount is still RM80. In actual, there's no discount at all.

As a consumer, we have our right to choose where and how to spend our money. We all  must learn to become smart consumers in other to create a place with better living quality. More smart consumer will also be  able to create better quality product with reasonable price and improved service quality.

Monday, May 18, 2015

Why You Should Start Paying Your PTPTN Study Loan


For those PTPTN borrowers who had graduated and started earning an income, and still have not started paying your PTPTN study loan, I shared below the reasons which prompted me to start paying my PTPTN study loan:

1) No Free Money
I always believe there is no free lunch and no free money. We need to pay back based on what we had agreed in the offer letter. PTPTN is still very kind to offer scholarship for those with excellent result. Last year, PTPTN also offered up to 20% discount for those borrower who wish to make full settlement for their study loan. If you still wish for free money, then try you best to obtain a Bachelor Degree with First Class Honour. Else, we still need to pay back our PTPTN study loan.

2) Prove That You Are Someone with Responsibility 
Most PTPTN borrowers are tertiary students from IPTA and IPTS. Prove that we are graduates with high responsibility.

3) To Ensure Continuation of PTPTN 
Think about the financial support for our younger siblings or our children. If most PTPTN borrowers did not pay back their study loan, where will our future generations get their financial assistance to support their tertiary education?

4) To Avoid Hassle In Future
With the offer letter we signed, PTPTN has the right to take action when PTPTN did not received the payment as per scheduled in the offer letter. Since last year, PTPTN has started to 'black list' borrowers who refused to pay back their study loan. As for me, I wish to have a peace of mind and not to be troubled with study loan matter. Thus, I choose to pay my PTPTN study loan.

I hope what I share above is convincing enough for you to start your PTPTN study loan repayment journey.

photo credit: Loan via photopin (license)

Saturday, May 16, 2015

A Change Of Lifestyle

A few days ago, I read this article from The Malaysian Insider. I feel envy of this young couple for daring to take the big challenge and big change of their lifestyle - from corporate executive to organic farming.

I strongly believe this is not as easy decision to make, especially at such a young age, 27 years old. Most youngsters at this age still in their 'partying phase'. But, I really support them for this decision and hope that their organic farm will be well know soon.

I myself come from farming background. My father own a huge orange orchard, where my siblings and me spent most of our childhood. And till now, I still take leave from my work and spend my days with my parents at their orchard. Every time when I go to visit my parents' orchard, I would feel very happy and looking forward for the trip. Till today I still feel amazed to see vegetables and plants growing from the soil. 

So, I can understand when I read that the young couples really looking forward to start their days at their organic farm. Seem like life become more purposeful for them.

Are you willing to make such a drastic change to your lifestyle?