Rising prices
Ever since the increase of petrol prices a few months back, everything around seems to increase too. Even normal mixed rice I ate at my usual place turns Rm3.50 to 3.80. Just yesterday, our PM says petrol will increase soon. Of course, the local here being kiasu, jammed the petrol station overnight to fill up the tank.
I read recently from The Edge magazine that our CPI index went up as much as 3.2%. Inflation rate goes up. This means that the interest in savings in the bank you had the previous year is practically useless since they pay about 3% interest for FD.
Recently, a good friend of mine is depressed as she is financially in trouble. The husband is not working and she is due to delivered another child next month. There is not much savings and during the confinement period, she will not have income. Hopefully, she will pull through these tough period of time.
Money will not solve everything but it does solve 90% of the problem.
I read recently from The Edge magazine that our CPI index went up as much as 3.2%. Inflation rate goes up. This means that the interest in savings in the bank you had the previous year is practically useless since they pay about 3% interest for FD.
Recently, a good friend of mine is depressed as she is financially in trouble. The husband is not working and she is due to delivered another child next month. There is not much savings and during the confinement period, she will not have income. Hopefully, she will pull through these tough period of time.
Money will not solve everything but it does solve 90% of the problem.
posted by wyndson at
11:38 am
0 Comments:
Post a Comment
<< Home