Lunch, Dinner, Meal Price all Increases 10 percent (Malaysia 2011)

Inflation really powerful. Just now i went and buy dinner, you know, its price has been 10% increased, suddenly. From RM5.00 to RM5.50!!! And it happens in small hawker center!!! And it happens in a poor student like me!!! The boss just explained that the price of raw materials is increased, so they need to "adjust" the price of their food as well. Really? Maybe, but I think another reason is the hawker center always crowd of people. Supply and demand theory: When demand is higher than supply, the price, of course, will increase, and vice versa.
 
In fact, previously, RM5.00 per meal already make me feel very bad. And now, it is even worse. Life is getting more and more difficult. Meal always increases RM0.50 every year. The price of a meal already similar to the price of fast food. What I observed is, the price of fast food does not increase, but the "slow food" always increases annually!!! Without invest our money wisely, it is really a trouble.

I really cannot image how people live in here.With salary of RM2200 per month for a fresh graduate, life essential things such as living, eating, transportation, insurance, communication and clothing, already cost most of our salary.

However, in the same time, other things also getting cheaper, e.g. electronic devices, online services etc. Furthermore, nowadays, Google is everything, and we can obtain knowledge easily and even free of charge.

Therefore, I think if we can follow the trend, wisely use those available technologies to improve our-self, then we should be able to buffer the impact of this unstoppable inflation. Moreover, we can easily learn how to manage our money easily compared to decade ago. And, most of the sources also free of charge and available in Internet.

Internet is a place for us to accelerate and excel our life besides paying game and socializing. Again, "Insanity is doing the same thing over and over again and expecting different results." Albert Einstein. All we need to do is to change, to change to the right direction that will bring us toward success eventually.

This is the game rule of this world. You can either abide by or against it. But without deeply understand the game rule, you will never ever win the game. That's all for today. More fascinating articles and sharing will be updated from time to time in Xaivier Blog. So, you are welcome to subscribe our feed, look at our sitemap or simply visit our Homepage.

Written by: Xaivier Chia

Financial Management: The Power of Inflation to Make Our Money Useless

So, what is the inflation rate last year? 5 percent? or 10 percent? If you ask me, I would suggest you calculate it yourself. In this post, I am going to record my experience toward this matter, inflation, in my life.

First of all, let's take my favorite bread as an example. I still remember, five years ago, when I was a high school student, the bread cost me $1.00. Guess what, it costs me $2.20 now!!! Only five years, my money has been diluted more than 100% !!!! In other words, can you image that if your salary is not increased 100% within 5 years, you can only eat the half of a bread now, compared to 5 years ago. Unfortunately, it is quite impossible that our salary will be increased 100% in that limited period of time.

Next, let's look at my expenses during my Bachelor Degree. During the first semester, if I took a taxi from my university to bus station, which cost me only $5.00. After 4 years, the fare was $8.00, at least!!! But, guess what, my scholarship did not increase owing to this effect. In other words, the price was increased 60% within 4 years. Thirdly, let's look at the meal expenses. Again, it only cost around $3.00 during my first year of study. Now? Yes, the price was $5.00, at least. Or, it increases around 70%.

As you can see, it is so horrible. Unlike WMD, weapons of mass destructive, this weapons simply make the poor poorer, the rich richer. So, what we can do is to invest our money wisely and let it grows with the rate of inflation.Besides, it is cannot be denied that the inflation rate is also different in different locations. Therefore, it is our duty to spend our money wisely.
 
That's all for today. Feel free to give me a comment about this topic or any suggestion about Xaivier Blog. More fascinating articles and sharing will be updated from time to time in Xaivier Blog. Therefore, do subscribe our feed, look at our sitemap or simply visit our Homepage.

Written by: Xaivier Chia

Note: Different countries have different inflation rate. This is just dependent on the economy development of that particular country.

Money as Debt by Paul Grignon (No Debt, No Money)

"Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave." ~ Leo Tolstoy

Paul Grignon demonstrates how to create money by recycling mortgage and loan in this video. First of all, "The Goldsmith's tale" is shown to explain the history of how and the money come from. Few important perspectives are described such as "No Debt, No Money", "Loans and Deposit", "Bank create money from nothing", "Inflation" etc. Some suggestions about this phenomena can also be found in this video. Finally, I hope you will enjoy it.





Although I have not yet verified the concept of this video, it sounds reasonable and creditable. Besides, it also inspire me to rethink and review about the system of money today. That's all for today. Feel free to give me a comment about this topic or any suggestion about Xaivier Blog. It will be a great support to Xaivier Blog.

Review by: Xaivier Chia
(Note: this video is already created three years ago in Internet, but this is my first time watch it and feel very inspiring from it)
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