Public Mutual declares dividend for 5 funds

Public Savings Fund

7.50 sen per unit

Public Focus Select Fund
2.00 sen per unit


Public Strategic Bond Fund
3.00 sen per uni


Public Islamic Strategic Bond Fund
3.00 sen per unit


Public Islamic Enhanced Bond Fund
3.00 sen per unit

do you have these skills towards financial freedom?

Track Your Spending

List Your Monthly Expenses

Get you LATE fee waived (credit card) - did you know that they do waive? If only you've made that call. 

Be HARDCORE frugal

Call and lower your ASTRO subscription. Do you really need that many channels when you're struggling to pay it off at month end?

Go for online coupons. Do you know about myDEAL.com.my or Groupons?

Make a GROCERY LIST

Cut down on expenses. Do you really need three pairs of shoes each month?

Get a free fee ATM, don't succumb to paying RM 1 or RM 0.50 per withdrawal

Negotiate when buying new car or used car

LIVE within your means

Be accountable for all your expenses

Take good care of your things, to ensure they last longer. You do that don't you?

Delay gratification

Invent SMART money goals

Have your bills mailed instead of being posted. You could save RM 5 for going paperless

Understand how compounding interest works

Always find routes to lower your interest

Prioritize your debts

Balance transfer your high interest balance to avenues with low interest

Calculate your net worth

Choose flex HOME loans

Smart Saving : Build A Firm Base

SMART SAVING!

Before you do anything make sure to set aside three to six months of your salary aside. Why?

Firstly- you can feel assured should anything/ worst happen - you need to take significant repairs whether it is your car/house or maybe even loss of job - there is fund readily available to help you whilst you deal with your shortcomings. 

Secondly - it provides you with time to make the right decisions about additional savings. For example, money invested in stock market will fluctuate up and down. Hence always invest with spare/additional savings. When you build funds on deposit means, you can begin to consider long term investment without much worry that you might need to take out during market volatility. 

Public Mutual declares dividend for 8 funds

Gross distributions declared RM98 million for eight funds for the financial year ended 30 November 2011.

Public Select Alpha-30 Fund
2.50 sen per unit

Public Far-East Alpha-30 Fund

0.25 sen per unit

Public Far-East Dividend Fund

0.50 sen per unit

Public Islamic Sector Select Fund

2.00 sen per unit

Public Islamic Alpha-40 Growth Fund

0.75 sen per unit

Public Islamic Asia Leaders Equity Fund

0.75 sen per unit

Public Islamic Balanced Fund

1.00 sen per unit

Public Islamic Infrastructure Bond Fund

 2.50 sen per unit

Inflation...

The former paradigm
a penny save is a penny earned !
New paradigm
a penny saved is a penny lost to inflation

Bidding for SP Setia

PNB eyeing SP Setia?

thrifty ways

are you looking for ways to reduce your household budget and save extra cash each month? to be thrifty, you need to look into your day to day expenses.

1. track your spending for 2 weeks. that meaning writing it down on a piece of paper everyday. you will never know how to be thriftier until you know where your money is going.
2. when you want to purchase anything, surf the internet first. that way you probably could compare costs and as well as online providers to find best price.
3. switching off lights and electric appliances in your home when you're not using them. during the day, open up windows and allow natural light instead.
4. you can cut back on your ASTRO. you probably don't need 30 channels when you're working the whole day. no one is watching the tv while you're away! reduce your cable package and or cut it out completely and realize that you can save large chunks of money each year.
5. do you use coupons? do check out for discounts for groceries? do you collect points on your petrol cards or shopping cards? consider using coupons on your regular shopping. quite recently, many websites offer printable coupons that you can take with you.
6. eat at home every night. have you come across the saying eat breakfast like a king, lunch like a prince, and dinner like a pauper" by adelle davis? eat little at night and eat it at home, that way you save more while being health conscious! 

Who do you turn to?

If you get sick, hurt or disabled and cannot work, there are four sources of income for your family

A) You can ask your relatives
B) You can ask your friends
C) You can depend on charity
D) You can be self sufficient if you have taken Insurance

Which do you prefer?

The Crisis of Credit Visualized - Part 2

The Crisis of Credit Visualized - Part 1

Cost of Utilities

What do you do with your tax refund?

Ladies and Gentle Cats, it's always exciting when after tax declaration; you get 

Tax refund either deposited into your bank or receiving cheque via mailbox. 

Most of you have big plans for that returned fund.

We have devised a plan for that tax refund when it cuddles on your lap      

SAVE

How much do you save a month? Not everyone can afford to save, especially if what you make is enough to cover your living expenses. You must remove the idea of buying 32 LCD TV  with your RM 1600 refund instead buy second hand TV from ebay.com or mudah.com.my for half that value and save the rest. Who knows when you'll need that especially when times are bad? 

PAY YOUR DEBT

Paying off your credit cards, mortgages, car payments or personal loans are simple ways how to utilize your tax refunds wisely. I'm sure you'd love to enjoy some space between payment now wouldn't you? Instead of blowing on shoes, gold and expensive dinners (what's wrong with mamak mee or the tarok's), consider settling that long awaited debts that's been killing you on monthly interests. 

Do I make myself clear? 

Blowing your tax refund on something you can afford is what exactly the government wants you to do. Why don't you pay for family vacation or trip in full. Visit fairs on all inclusive package and pay it full instead charging it on your credit cards. Tax refunds are exciting because it's what you worked for that year. Use that fund wisely to only buy much needed items, and settle all hanging debts. 

Last but not least, if you want to blow that fund; send it over to our team here at 

[thefrugalanalyst] we'll consult on how & where to invest otherwise we'll put it into our charity fund then you could claim it as charity the following year. :P 

Every ringgit that enters your hand, you n only you have the power to determine your destiny




~SmALL StEPs.... biG pAyOffs~

budgeting

biblical investing : the prudent see danger and take refuge, but the simple keep going and pay the penalty. ~proverbs 22:3 (NIV)~ 

Why must I start today?

today's investments meets tomorrow's needs.

Three types of income

Earned income
Passive income
Portfolio income

keep minding your own business,keep being true to your dreams and all your dreams will come true ~

unit trust

What is unit trust? Well novices, it's a pool of money managed by professionals.

line up your ducks b4 investing

what is takaful?

it is stemmed from the arabic word kafala. whereby it means to guarantee or to protect

it is a mutual assistance

mutual help of a group to support the needy through contribution to a fund under system of aqila

happy birthday!

wishing our team member HAPPY BIRTHDAY! 

and many happy returns of the day! 

we hope to receive more posts from you! :P

Adopting Frugal Lifestyle

Frugality this February

I presume being frugal is a skill we all need to work on vigorously. as the holidays are coming to an end, and as the dismay of the monthly payments setting in, it is time for us to practice frugality this february. Therefore it simply means free spending and buying unwanted things has to be thrown out the window. Frugality this february is a month to avoid buying things you don't need. 

i.e luxury meals at restaurants, gadgets, shoes (ladies especially) and other desired items are actually things of no return on investment. :P

Given that with our rising inflation, much emphasis has to be given on saving money and buying items that are of importance. 

Here are some guidelines to follow:-

NO SHOES, HANDBAGS (LADIES), CLOTHES, MAGAZINES, BOOKS, DVDS.

DO YOU REALLY NEED TO DINE OUT ALL THE TIME?

NO COSMETICS

SET UP BUDGET FOR FEBRUARY

HAVE YOU FILED YOUR TAXES?

SPEND SOME QUALITY TIME AT HOME THIS VALENTINE

Keep saying No to unwanted things this FEBRUARY. 

Declaration of distribution and unit split

FUNDS	DIVIDEND (PER UNIT)
PUBLIC ENHANCED BOND FUND	3.00 SEN
PUBLIC MONEY MARKET FUND	2.50 SEN
PUBLIC ISLAMIC OPTIMAL GROWTH FUND	1.25 SEN
PUBLIC INDEX FUND	6.00 SEN