How to optimize daily expenses?

During the economic slump between 1997 and 1998, I was still studying in form five in boarding school north of Peninsular Malaysia. The economic crisis do effect most of my daily expenses. All praise to Allah, as on that time the price of energy especially petroleum is staying on the "safe" level.

10 years is vorbei. Now Malaysia is blessed with a positive economic growth, thanks to previous leader Dr Mahathir Mohamed. But as a result of rapid industry growth around the world especially in China and India, oil price hike as sudden as never before. Malaysia is also affected.

How to face the difficulties?
Before we tank RM 10 for about 10 litre petrol, but nowadays for a RM 10 you will get around 5 liter only. The oil price hike influence too the price of daily goods to rise up. Thanks to the government who can still control the situation and subsidise the citizen with our own storaged oil. Nevertheless few options are to be taken in order to keep our money being expensed wisely.

1. Buy what you need not what you want.

2. Make daily list of expense. An organize shopping will save time. Saving time means save more money as the tendency to buy what you want will reduce.

3. Use public transport rather than drive your own car in hustle and bustle town area, that may cause you caught in the traffic jam.

4. Diciplined yourself to go for shopping as less as you can.

5. Eat and cook at home.

6. Use Internet to pay bill, transfer money, writing letter, read newspaper, phone (VoiP) or anything that possible. I will write about the powerful of internet in helping you save money.

7. Make a lot of SYUKUR. SYUKUR means if you are Moslem, do thank ALlah regularly. If you are non-Moslem, do remind yourself in a short slow talk for being blessed with nice and easy life.

Thats all for today. We will see again tomorrow.