Life Expectancy Rate in Malaysia

Folks, we are all living longer. Remember the principle - "as long as we are breathing, we will incur expenses". So be prepared. You may just outlive your money

Malaysian Life Expectancy Statistics

Budgeting

I am sure we have all heard of the word budgeting before. Have you tried budgeting? Do you do budgeting?

The BIGGEST difficulty in Budgeting is "Getting Started". It sounds simple but is actually very difficult because it requires a change in our attitude as well as discipline.


Nonetheless, it is an essential part of Financial Planning if you wish to manage your finances/cashflow well.

For your benefit, refer to this site for some ideas:


http://www.understandingmoney.gov.au/Content/Consumer/FinancialLiteracy/Budgeting/
 
 

Business Value Protection

We are embarking on a topic of Business Value Protection in our "Business Succession Planning" facebook Page.


We will not share with you 11 ways not to shoot yourself and business in the foot but the BEST way - Secure the Value & Interest of your Business.

Come join us @ Business Succession Planning
 

Top 5 Unexpected Costs of Retirement

Some people see retirement as a chance to sit back and relax, while others take advantage of their newfound time by traveling the globe. Either way you spin it, retirement costs money. As long as you are breathing, you will incur... costs -- and some of your bills will be unexpected.
Here are the top five expenses that aren't always factored into a retirement budget or investment plan. The good news? Almost all are related to a positive trend: people are living longer, healthier lives.

1. Living Longer

   (Happy 100th Birthday!)

2. Adult Children With Money Problems

   (Your empty nest may not stay that way)

3. Higher Taxes, Higher Inflation

   (Pay it out to LHDN. Taxes are one of the two things you cannot escape in life)

4. Health Costs and Dental Care

   (Expect to pay for a happy, healthy you)

5. Repairs for Your Older Home

    (It’s Tool Time!)See more

Create your Personal "EPF"

Not sure how much money to put aside for your retirement? Start a personal retirement fund. Social Security (EPF) was originally designed to get you through your retirement years but it’s unclear whether it will be sufficient due to the many “leaks”. While you can't stop paying EPF from you...r paycheck, you can create your own additional fund for yourself using the same percentages.

Creating your personal retirement fund is just one way to provide income in retirement. Consider all your options. Consider working towards being debt-free as part of your retirement planning, as well. Don't forget to discuss retirement planning with your spouse. A worry-free retirement is the result of solid planning and reviewing all options.
 

Mortgage Interests

Are you living in your dream home now? or are you planning to buy your dream home?


Are you aware of the impact of BLR (base lending rate)? Is it increasing again soon?

Avoid this nightmare! Manage your mortgage.

For assistance, contact NICKG at gloriouscash@live.com

Dying Testate

With the help of "Your-Will-Be-Done", here is what is going to happen to your assets...


1) Quick & Secure

2) Distributed according to your instructions

3) Value of your assets secured!

4) Peace of mind for your loved ones

Dying Intestate???

What happens if we are to stop breathing permanently without a Will?


Whatever we have - MUCH or LITTLE, we may as well kiss goodbye to it because it is going to be a looooooooooooong and costly wait for your loved ones.

Do the right thing - Leave your instructions in proper and legal manner. Also secure the value of your 'assets'.

"Your-Will-Be-Done" Your Will Be Doneis the specialist to help you.

Business Succession Planning

Friends, for the enterpreneurs or entrepreneurs-wanna-be in our midst, you are strongly encouraged to be a part of Business Succession Planning facebook page.


Come click on "Like" and you will be kept abreast of business financial related topics.
Business Succession Planning

COST OF EDUCATION

What is the cost of education in Malaysia?


Costs have increased about 3 fold since my college/uni days. It is as critical as ever to be prepared for our children's education.

Attached is the cost of education guidelines (keep in mind figures do not include inflation)
Education Costs

Your Will Be Done

Friends, almost all of us are always busy or pre-occupied with creating and securing our wealth. What happens to the wealth in the event we no longer 'breathe'?


How is it distributed? Is the value of our wealth protected in our absence? There are more questions for you to consider than you think.

Visit Your-Will-Be-Done Your Will Be Done website to educate yourself and seek advice if necessary so that all that you are doing now will not be in vain at the end

Who is NICKG?

Who is NICKG Advisory Services?









We are what you can consider Financial Doctors. Physicians help heal you or advise you on your physical health. We help you with financial related matters, e.g. retirement, cashflow, tax-free money, money preservation, etc.









A more detailed wholesome diagnosis will take the line of the visu...al attached or we can just focus on a specific issue, e.g. create $ for 2nd house downpayment.









Anything other than "get-rich-quick" scheme, we are the right people to talk to.

Present is a GIFT

Ask the person in the mirror. Is there anything from the past that you will change if given a 2nd chance? What are you doing today? What do you wish for tomorrow?


Ever heard the words of wisdom that " You will not need worry about tomrrow if you do the right thing today"?

Welcome

Warm Welcome to all who has just joined NICKG in recent weeks.


We are delighted to see that you are taking interest in your finances. Next step is to be COMMITTED.


We at NICKG wish to hear from you - your experience, needs, desires & even how we can be of assistance to you.

Debts Debts Debts

Can we ever be TRULY debt-free? As cholesterols, there are good debts and bad debts.


Learn to leverage on 'debts'...

LEGACY for your Children

What legacy are you leaving your children? Be interested or COMMITTED to achieving Financial Freedom?

Can you Take it with You?

Do you intend to take all your $$$ to the next life? Can you?


If not, how do you wish for your $$$ to be managed?

Are you aware of the legal and cost implications of not being prepared?

Do not put your loved ones at risk! Contact gloriouscash@live.com for an immediate solution!

No Money No Problem

Is this your choice?

5 Basic Steps to FP SUCCESS

I have been asked by many people over the past few years this question, "What do I need to do first in order to get my personal finances together?

"When people first started asking me this question, I have to be honest I wasn't sure what to tell them.
Now that some time has passed though, I fee...l as though the ANSWER to this question is quite simple. What I mean to say is that the ANSWER is simple, but what trips people up isn't the ANSWER but the ACTION.

#1 - Determine your Values


# 2- Determine your Goals


# 3 - Get Organized


# 4 - Determine Your Plan/Budget - Retirement, Savings, Investments, and Tithing


# 5 - Implement your Plan

RETIREMENT? Ask the Experts!

What is RETIREMENT to you? No idea? Let's consult the experts!


Kids say the funniest things—but sometimes, they're smarter than we think. Hear their thoughts on retirement, and find out if you're on track.
 
http://www.youtube.com/watch?v=Q3dYEIgB0c4

MONEY MANAGEMENT

$$$ - Now you see it, Now you don't !!! What happened?


Never underestimate the IMPORTANCE of MONEY MANAGEMENT. It is good to earn more money but it is CRITICAL to know how to use your money.
 

Parents Working Hard

We work hard for our money. But is our money working equally, if not harder for us?


We are so conditioned to study hard and then work hard that we forgot to have our money work for us...
 
http://parenthots.com/features/Working-hard-to-pay-the-bills.aspx

RETIREMENT WOES

RETIREMENT is a word commonly heard but few people understand the predicaments of retirement.


What is retirement to you? Do you realise that in retirement, everyday is a holiday?

Where is your source of retirement income? What happens if you run out of $$$ ?

http://thestar.com.my/news/story.asp?file=/2010/5/2/nation/6172579&sec=nation