Today is the day that RON 95 petrol is made available to all motorists at a cheaper rate compared to RON 97. RON 97 previously used to retail at RM1.80 before RON95 was introduced.

I recall that when it was announced, the RON 95 was supposed to retail at RM1.75 per litre while the RON 97 price was going to be pushed up to RM2.00 per litre. However, when it was launched today, the price of RON95 has already been hiked up by a further 5 sen to now retail at RM1.80.

The newly introduced RON95 fuel is now selling at RM1.80 – five sen higher than its previous price. (source)

RON 97 is now considered premium fuel and will be sold at RM2.05 per litre from the previously agreed RM2.00 per litre. This price used to be for special fuel with additives such as V-Power which really does give your car that extra boost of power but now we’re paying the same for RON 95 instead which has no added chemicals to clean your engine and make your car faster.

So what are Malaysians ending up with now? We’re paying the same price we used to pay for petrol but for a lower grade petrol. Savings? I’m not sure…what do you think?

It was very sad to read in the newspapers today about an elderly Singaporean couple who got thrown out of their home after they gave it to their son as a wedding present. They now live under the staircase of a school!

The couple thought that they could live in the house with their son. He, however, decided to sell the property for RM960,000 to buy another condominium. Lim and his wife were then sent off to live with the daughter.

After a year, the daughter decided that they were no longer welcome and banned them from touching her children.

The couple could not enter the house after their daughter changed the locks to the house. (link)

Is this really what life in developed countries have become? It is a sad day when the money you can obtain from a sale of your property becomes more important than your own parents who gave you that home.

Sometimes financial advice are found in the most unexpected places and seem so obvious we wonder why we did not have the foresight to market it ourselves first!

I happened to pick up a magazine last weekend and came across this interesting financial management method using Jars. Read on below to learn how it helps you manage your money better!

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Did you rush to queue for the Amanah Saham One Malaysia launch today? Interestingly enough, the turnout wasn’t as huge as previous launches of other Amanah Saham related funds. I remember several years back how the funds for non-bumiputras were all wiped clean nationwide in just 30 minutes! However, today, the selling of the Amanah Saham One Malaysia seemed a little more orderly. Read on for my experience below.

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