What's Your Plan B?

Something bad is happening ...

Malaysian Business May 2008 - Have you felt it YET? New Straits Times, 9 June 2008 - WHAT ARE YOU GOING TO DO ABOUT IT? New Straits Times, 23 June 2008 - Is your INCOME growing as fast as INFLATION? If this is YOU, then you seriously need ANOTHER SOURCE of INCOME!

The warning signs are here.

The global financial is in crisis.
The crash of our economies has just begun!

How prepared are YOU?

How can YOU survive and cope

when the oil price increases,

EVERY price increases,

but not your disposable income?

KUALA LUMPUR, 22 Aug: The annual inflation soared to 8.5 per cent in July, sharply up from 7.7 per cent in June. The July data was the steepest rise since 8.5 per cent in December 1981. - Inflation hits 27-year high of 8.5pc in July, The Malaysian Insider

PUTRAJAYA, 24 July: The Consumer Price Index (CPI) for June spiked to a 27-year high of 7.7%. This figure is slightly more than double the May CPI of 3.8%. The 7.7% is also the highest since April 1981 when the CPI was recorded at 10.8%. The substantial rise in the price of petrol and diesel announced by the Government beginning June 5 is the main reason for the surge, said Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad. He said the inflation would probably remain at 7.7% for July because it would see the impact of increase in the electricity tariff. - Inflation hits 7.7 percent, The Star.

But when the oil price decreases,
EVERY price stays increased!!!

The REALITY is this ...

"Everything will become more & more expensive!"
Fuel, food, transportation, electricity tariff and many more.
Our cost of living will continue to ESCALATE higher and higher!

There's no doubt about it.
This is a scary time.

If you’ve felt a creeping sense of dread about what’s going on in the economy … if you’ve wondered,
“When is it going to hit me?” … you’re not alone. But you’re right to worry.
Wealthy or struggling, business owner or employee … when something like this happens,
not many people escape unscathed.

It will be worse in 2009
if you haven't read about it!

Economists are forecasting a turbulent year ahead and a lot of us will be hit very hard.
Are you ready to face it?

Sept. 4 (Bloomberg) — Malaysia’s Ringgit, Southeast Asia’s second-worst performer in the past three months, will be “a washout” in 2008 as a growing budget deficit and policy inaction on inflation turn investors away, a think tank said.

The ringgit will probably weaken to 3.5 per dollar by year end, Ariff Kareem, executive director of the Malaysian Institute of Economic Research, said in an interview in Kuala Lumpur yesterday. The partially government-funded think tank, the nation’s biggest, had previously forecast the ringgit would strengthen to 3 per dollar by the end of 2008.