tag:blogger.com,1999:blog-34503628.post5491633876598632902..comments2024-03-26T20:28:00.690+08:00Comments on Journey to Become Financially Independent: How to make decision to buy? - Buying Decision GuideChampDoghttp://www.blogger.com/profile/15551303930099640011noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-34503628.post-79527645726614334822010-12-14T22:01:11.789+08:002010-12-14T22:01:11.789+08:00Making more money is focusing in attack zone while...Making more money is focusing in attack zone while saving or live within our mean is focusing on defense zone in personal finance. <br /><br />So, it is very subjective depends on which strategy best suits you. Very rich successful people usually focus more on the attack zone. :)ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-26330411676203165172010-12-14T21:47:29.187+08:002010-12-14T21:47:29.187+08:00I agree with your opinion, stating that if we feel...I agree with your opinion, stating that if we feel painful to pay one lump sum, that is a sign to show that we are not making enough money to enable us spending freely, or not afford to buy.TC Khewhttp://www.dunmiscue.comnoreply@blogger.comtag:blogger.com,1999:blog-34503628.post-23001527334151260512010-12-12T19:11:41.365+08:002010-12-12T19:11:41.365+08:00Step 1 is probably the easiest, follow by Step 2 a...Step 1 is probably the easiest, follow by Step 2 and Step 3. Step 2 itself may not be that easy as we we thought because we often buy stuff that we don't really need. It is also depending on how you want to prioritize your needs given that you have certain goals in mind. If you're not clear on your financial goals for example, you may end up everything is a need for you.<br /><br />Not surprise that the step 3 is the hardest because it is often the things that we really want to buy is always NOT cheap. :) 0% installment sounds interesting but if you feel painful to pay one lump sum, that is a good indication that you're actually not afford to buy. <br /><br />6 months emergency fund is just a guideline and it is vary from person to another. Ultimately, if you lose your income now out of sudden, how long do you think you can get back your equivalent or more of your original income? That answer is the period of your emergency fund. You can put those funds under fixed deposit or bond funds (at least this is what I do), not necessary must be cash.<br /><br />If we found that we are not affordable to buy, probably we need to go back to step 2 and see do we really need that stuff. Are there any other cheaper alternatives? Although I don't mention here, I think the step 2 needs to be revisit again especially if we fail to fulfill step 3.<br /><br />Thanks for the sharing and comment! I appreciate that.:)ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-9739679878644594742010-12-12T00:05:04.994+08:002010-12-12T00:05:04.994+08:00Wow, it is pretty hard for me to fulfill all the 3...Wow, it is pretty hard for me to fulfill all the 3 steps before making the final buying decision. First 2 steps are easier to achieve. But for me, step 3 is the hardest one. <br /><br />I think a lot of people would still prefer 0% instalment plan if there is a choice to do so, eventhough they may have a lump sum in hand to pay off the full payment of their desired products. As this method makes us feel less painful when coming to payment. Insurance fund is easy to sustain as we 'lock' the fund with the insurance company. So we have to continue paying no matter how. Investment fund can also be locked well if we make it a 'standing instruction' to the investment company. For me, 6-month emergency fund and the fund for misc spendings (last one) will be the hardest to sustain, as these funds can easily be liquidated compared to those 'locked' fund. So most of the time, when I decide to buy an expensive product, most likely my emergency fund and the 'misc' fund will be affected. <br /><br />I believe this scenario proves that I do not make enough money to fulfill my buying desire yet, if I strictly follow your formula. Seems like it is pretty hard to achieve your 'smart buying guide' <br />:(TC Khewhttp://www.dunmiscue.comnoreply@blogger.comtag:blogger.com,1999:blog-34503628.post-65341330903461196042010-10-09T15:00:59.145+08:002010-10-09T15:00:59.145+08:00Yes, beautiful I"m not so sure but sexy defin...Yes, beautiful I"m not so sure but sexy definitely yes. Hahaha...<br /><br />Hahaha, kidding kidding... I think I"m not handsome anymore as compared to when I was still young because no girls approach me now anymore... :(ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-40891561698889926632010-10-08T21:33:05.923+08:002010-10-08T21:33:05.923+08:00@Champdog : Hey brother, i am sure you get to meet...@Champdog : Hey brother, i am sure you get to meet beautiful sales ladies often as well right? Those selling cigarettes at pubs are hot chicks! wakaka..<br /><br />So you are saying you are handsome? Jadi kawan boleh la brother! *wink!kampunginvestorhttp://www.kampunginvestor.com/noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-63852236206715901582010-09-22T16:53:26.714+08:002010-09-22T16:53:26.714+08:00Perhaps you're want one of the luckiest guy in...Perhaps you're want one of the luckiest guy in the world... :) Handsome guy okay or not, btw? lolChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-86073123197479662582010-09-22T15:11:35.993+08:002010-09-22T15:11:35.993+08:00Seems like i have fallen to many times to beautifu...Seems like i have fallen to many times to beautiful sales girls. Any beautiful sales girls have something to sell Now? Come find me.. ^^kampunginvestorhttp://www.kampunginvestor.comnoreply@blogger.comtag:blogger.com,1999:blog-34503628.post-63924079935742144672010-09-20T23:19:30.744+08:002010-09-20T23:19:30.744+08:00Yes, that's why I said in reality majority of ...Yes, that's why I said in reality majority of people buy stuff based on emotion, not really on logic.<br /><br />1 years to consider to buy Mac? So did you buy at the end? If no, then it is actually > 1 year because you don't know when you're going to buy. :)<br /><br />Yes I agree with you. I'm like you. If everyone is like us, I think the economy will crash already. lol!ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-89376400210968271482010-09-20T09:31:21.224+08:002010-09-20T09:31:21.224+08:00emotion and the feeling of actually buying and own...emotion and the feeling of actually buying and owning something. just compare Apple iPod and Sony Walkman. one has more features while the other one looks cool, classy and serves more like a trend than a mp3 player. <br /><br />so u know who won la, in the end. :P <br /><br />a lot of companies nowadays associate emotions with the products. coz they know people buy with emotions.......wont think so much logically. if everyone is like me...took me 12 months to consider purchasing mac.....i think economy crash already loAlvinhttp://blog.alvinlim.infonoreply@blogger.comtag:blogger.com,1999:blog-34503628.post-18983603343809499442010-09-20T01:41:55.416+08:002010-09-20T01:41:55.416+08:00Yes, I agree with that too that pretty and handsom...Yes, I agree with that too that pretty and handsome folks are always advantage in marketing & sales. Of course is also good communication skills.<br /><br />Are you still single? This probably applies to those who're still single. It could be an investment to them actually. I'm wondering what if I"m still single, will I act differently? Hmm...<br /><br />Oh really? Nice trick then. But I think some don't care at all especially in this generation.ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-90281785706881400452010-09-20T00:46:53.946+08:002010-09-20T00:46:53.946+08:00Interesting topic regarding pretty salesgirls..
H...Interesting topic regarding pretty salesgirls..<br /><br />Hmm..IMHO being pretty does have a very very big advantage in the marketing line. This also applies to handsome male marketers.<br /><br />So far, no pretty girls has ever managed to woo me to buy something i don't want to buy..haha..<br /><br />Take note that usually, single and available pretty marketers wore a ring on their wedding finger to deter pursuers :P I met a few that told me this "trick"Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-90641053241533404292010-09-19T19:41:33.468+08:002010-09-19T19:41:33.468+08:00You sure or not? What about receiving a call from ...You sure or not? What about receiving a call from banker?<br /><br />Maybe you should make an appointment with her... lolChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-21169765633634178702010-09-19T19:38:07.162+08:002010-09-19T19:38:07.162+08:00Hmm.. Why no pretty sales girl approach me? Maybe ...Hmm.. Why no pretty sales girl approach me? Maybe I seldom go out. And stay in front of PC all the time. ^_^"Jaycehttp://www.jayceooi.comnoreply@blogger.com