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Education 101: The Importance of Basic Mathematics Skills in Everyday Life

René Descartes Mathematics History French Education Skills Knowledge

The title “father of modern mathematics” is often attributed to René Descartes (1596–1650), though the designation can vary depending on context, as several figures contributed significantly to shaping modern mathematics. Descartes introduced the Cartesian coordinate system, which links geometry and algebra by representing geometric shapes with algebraic equations. Image source: After Frans Hals – André Hatala [e.a.] (1997) De eeuw van Rembrandt, Bruxelles: Crédit communal de Belgique, ISBN 2-908388-32-4., Public Domain.Read More »Education 101: The Importance of Basic Mathematics Skills in Everyday Life

Finance 101: The Power of Compound Interest For Wealth

Compound Interest Finance Budget Banking Economy

Compound interest is the process where interest earned on an initial amount of money (the principal) is added back to the principal, allowing future interest to be calculated on the growing total. Often described as “interest on interest,” it can significantly boost savings or investments over time, especially with higher rates or longer periods, due to its exponential growth effect. Photo by Pixabay

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Economy 101: The Legend of Warren Buffett & Wealth Creation

Warren Buffett Economy Investment Money Wealth

A photo of President Barack Obama meeting with Warren Buffett, the Chairman of Berkshire Hathaway, in the Oval Office, July 18, 2011. Warren Buffett, born August 30, 1930, in Omaha, Nebraska, is widely regarded as one of the greatest investors of all time and with a net worth of approximately $140 billion as of 2025, he has pledged to give away 99% of his wealth through the Giving Pledge, primarily to the Bill & Melinda Gates Foundation. His disciplined, patient approach—emphasizing economic moats, intrinsic value, and long-term ownership—has delivered outsized returns, outpacing the S&P 500 for decades. Image source: White House/Wikipedia

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Economy 101: Top 9 Personal Finance Mistakes You’re Making Now

Personal Finance Money Economy Budget

In a nutshell, personal finance empowers you to take control of your financial life. It involves understanding your current financial situation, setting clear objectives, and implementing strategies for effectively managing your income, minimizing debt, growing your wealth through saving and investing, and protecting your assets against unforeseen circumstances. Ultimately, it’s about achieving financial freedom and peace of mind. Photo By: Kaboompics.com/Pexel

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Finance 101: Understanding Malaysia’s Employees Provident Fund (EPF): History, Withdrawal Options, and Key Differences

Employees Provident Fund EPF KWSP Economy Money

The mid-20th century, particularly the period following World War II, witnessed a significant surge in the establishment of comprehensive Employees Provident Fund (EPF) systems across the globe. Several key factors drove this. The devastation of the war underscored the need for stronger social safety nets, including provisions for retirement income. Governments, eager to rebuild their economies and foster social stability, recognized the importance of providing workers with financial security. Image source: NSTRead More »Finance 101: Understanding Malaysia’s Employees Provident Fund (EPF): History, Withdrawal Options, and Key Differences

Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Cryptocurrency Money Cash Investment Economy

Cryptocurrency is defined as a digital or virtual form of currency that employs cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks that utilize blockchain technology. This revolutionary technological framework enables secure, transparent, and efficient transactions over a peer-to-peer network without the need for intermediaries such as banks or payment processors. Photo by David McBeeRead More »Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Budget 101: No Worries, The Friendly Ah Long Is Here

budget ah long friendly

(How many of us keep a budget and then spend more than we earn and ended up borrowing from Ah Long aka loan sharks? It is not too late to learn the fine art of financial planning – keeping budget, ensuring that our income is enough to cover the expenses, keeping up saving for rainy days and when hard days are in, to learn to cut down on unnecessary expenses and tighten our belts)

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Fuel Price Increase: 30 Cents Up, It Is Time To Do A Budget

budget

(A sample of my very crude but effective budget dashboard template in worksheet format – of course, I have multiple sheets for daily input of expenses and consolidation by months. The consolidation by month is more for the yearly income tax reporting)

Is this sound very familiar to you?

You received your salary on the dot and based on a rough calculation (some use only their 10 fingers), deducting estimated expenses for the month (it was food, beer and transportation for me), you gather that there is a surplus of almost RM1,000 (I know RM1,000 is bloody lot for some.… [Click to read the rest] “Fuel Price Increase: 30 Cents Up, It Is Time To Do A Budget”