how to make usd500 a monthly affair edit
TRANSCRIPT
How to make USD500.00 or more
a monthly affair9th February 2014 – Taman Tun Dr. IsmailBy Dr. Sujatha, Amalan & Prof. Dr. Cyril
The Why (Dr Sujatha)
Internet Trends and How SMT plugs you in(Mr Amalan)
Making the money? (Prof Dr Cyril)Power of duplicationWhat does it take to make RM1500(USD500/-) &
beyond monthly from SMT?
Q&A Session
WHYWHY Do we need the extra money today?
Millions of Malaysians are grappling with
the biggest increase in state controlled
electricity and gasoline costs since 2008
Bloomberg Jan 2014
All our economic fore casts were great …or so we were told Until May 2013
Sept 13 – increase in petrol price by 11%
Oct 13 – 14% jump in sugar costs
Effective Jan 2014 – raise in assessment
-15% to 16.9% up for electricity-Hike in toll (cancelled for the moment)
Record-high property prices
Elevated household borrowings
Slower pay increases
Faster inflation rate
Added taxes-GST
27.8% 3,000 Ringgit to 4,999 Ringgit a month
39% of households fall below RM3000 per month and make up the highest percentage
33.6% earn 5,000 Ringgit and above
Whopping > 2/3rds (68%)of Malaysian households earn less than RM5,000 a month
The faster inflation
rate amid slower
income rise erodes
purchasing power,
which will impact the
consumer spending
part of GDP,” said
Maybank’s Advisor
90 day full force challenge