Remember the incidents when we thought that we had bought the best offer in the market, the cheapest, only to find out that the other shop is selling much cheaper. We can avoid repeating this mistake by doing market price survey prior to buying (paying). The easiest, time-savvy method is by undertaking Tactical Procurement process online. It helps us to determine what is the average and the lowest market prices for the items that we are buying. HardwareZone.com facilitates this process.

Amazing! It is wonderful to know that we could teach children about running a business by reading them a simple children’s story such as ‘The Elves and the Shoemaker.’ Yes, the story is not all about the elves and the shoemaker but more, it is also about running a business. Read on to know what you could learn from a simple children’s shoemaking story. Story telling to children would never be the same again because your bedtime story time is a business class session!

Believe it or not, playing computer games could give us benefits. We could learn so many things from the games if we set our mind to learn while playing. The key to reap benefits from playing game is: do not simply play but play with strategy i.e. bring your calculator along and calculate, and write down notes and draft plans. So, the next time you see your children playing computer games, ask them what they’ve learn and could apply in real life.

Read how my wife and I had successfully reduced clothing expenses. By reducing the dress’s cost per piece, we are able to buy more dresses (for her) and/or reallocate the extra to other needs or saving. But most importantly, by making this cost saving a family project, we bond our relationship. This ‘Project Runaway’, we called it, is also good for creative minds.

Imagine this … you go to a Citibank’s branch and settle home loan instalment, go to HSBC’s branch and settle car loan instalment, next go to Standard Chartered’s branch to settle credit card payment and transfer money to a sister, an undergraduate student, and lastly, rush to a post office to settle utility bills. Sounds very tiring, isn’t it? You drive car, stuck in a traffic jam, avoiding car accident, pay toll, find parking, pay parking coupon or ticket, walk under the sun or in the rain and you get yourself exhausted. And maybe, you have to take half day leave to settle all these. With online banking, you can forget all these troubles.

If you do invest in mutual fund (a.k.a. unit trust), do you aware of ‘switch’? If you don’t aware of it, then you have missed a lot of opportunities to generate more money from your mutual fund investment. As the wise saying, “Smart investors win in both good times and bad times.” ‘Switch’ offer that opportunity to win in both good times and bad times.

Financial literacy isn’t taught, it is learnt. Ones must commit to learn, although they could suffer temptations, difficulties and perhaps some expensive ‘tuition fees’. But still spending ‘tuition fees’ on learning financial literacy is better than spending for the things that we don’t really need. Financial literacy gives life long benefits but the clothes, mobile phones, cars and outdoor dinner treats give short term satisfactions and benefits.

Every shopping trip should be planned properly. We should know what we need, how much or many we need, and estimate how much the cost is. And we should allocate a budget for it. Additionally, we should know where to get them and hence, we should plan our shopping route – before we start our car’s engine. That is why we must have a shopping list. A shopping list a document of planned shopping items together with their quantities and the estimated prices, and remarks e.g. places where we could/intend to get them. A shopping list is supported by our commitment to follow it. There are many benefits to it.

Used car in good condition could be your best economical choice when you want to buy a car. It is even better if you can buy it cash or at least, with a small loan amount, which you can settle fast, in just few years. Car auction is one of the best places to look for cheap used car. Shop wisely.

Ever wonder where your money goes? Money come, money go right in front of our eyes and yet at the end of the month, we are wondering where they went. And money seems never enough. Or is it? Hmmm … do you record your expenses? Well, you should. Your money will love you for that!