QUOTE(Wedchar2912 @ Feb 15 2022, 01:24 PM)
inflation is a separate problem to be solved. Life has a lot of issues to solve, and each needed to be tackled of course.
what I know is back in 2000, a chicken rice was like 4 rm? now it is 10rm.
but the difference is the same person had 0 money; but now he at least have 550K rm.
I was shocked at RM10 price tag until I saw the add charsiu post
QUOTE(HolyCooler @ Feb 15 2022, 02:32 PM)
well, just imagine :
1. has EPF saving, has over a mil or a few mil when maggie mee is rm 50 a pack.
2. no EPF saving, save less than 10k, maggie mee is rm 50 a pack.
I saw a lot of FB comments that asked to allow them to withdraw their epf money. Based on their comments, these people seems anti saving. Their thinking are, millions are useless because that time items XXX will increase / inflate to YYY pricing. So they prefer to have no saving rather than have million RM saving? I can't understand their thinking.
People like us could never understand their mindset
But in general from fb comments they either think 1. why worry for later when even now they can't even survive 2. too much into rumor that Gov will suck EPF dry and we will not be getting our money when we retired
Yet, some people just could not see money sitting unused
No matter earn how much also tak cukup like my uncle's employee, gave thick bonus and increment still wanna withdraw EPF
And, that is why only kejap MCO already crying for moratorium
QUOTE(wongmunkeong @ Feb 15 2022, 02:53 PM)
Is gud - we need such to keep the economy flowing, the speed of $.
If most people save, invest & buy necessities only mostly - die man, how would EPF & our investments make more moolah? right or right
Exactly. If everyone only spend what is neccessary habislah all only buy myvi and nobody takes personal loan ekonomi tak jalan
QUOTE(prophetjul @ Feb 15 2022, 04:05 PM)
Nowadays 17k is pretty normal for managerial positions.
My General managers are on 22k and above.
21 years will see some jump in his salary along the way.
Yes I realised recently the job market if you have what it takes then some companies really willing to pay
Good sign but sigh still majority are riding on supply > demand mindset and keep lowballing
QUOTE(dwRK @ Feb 15 2022, 11:03 PM)
we are tongkat nation mah... government will step in to help... now wanna cut hardworking "rich" epf account holder's dividend to subsidize "poor" account holders...
long ago there was this young hawker stall owner that i frequent... he dun open business everyday... very random... i ask him why his timing so odd one, if he got business somewhere else... his reply, "sudah cukup makan tutup"... haiz...
I guess not just Msia, other countries are doing that to a certain extend as well
We know some countries they rather not working and rely on unemployment benefits too
So to be fair to Msia not only us lar... but yes it is not healthy
And for the young hawker.. at least he work ok haha!
OT a bit but when GST I also overheard Chinese hawkers also started practicing so just so their business will not hit the GST threshold of RM500k
Nov 16 2020, 09:45 PM
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but definately it will not be higher than last year
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