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Money from PPP

Posted on January 14, 2007
Filed Under Finance |

Yes, the first batch is cashed out and it’s now safely in my account. A cool RM1600+. And of course, more to come when i make my fortnightly withdrawal. Now, of course, many would go shopping with this money. I’m not ashamed to say i’m also thinking the same. But sensible me have other plans. All these will be put in a newly setup account for future investments. These will go towards my kids education fund.

For those with out-standing credit card bills, it’s a good idea to use the money to settle the amount in full if possible. At 18% per annum, that’s a hell lot of interest to pay if your out-standing balance is high. It’s a smart idea to have a few cards. Look out for good balance transfer options. A little savings goes a long way. The best is to go for long-term repayment like 18 - 24 months at a fixed rate if the amount to transfer is high. That way, you can be sure that once after the repayment period is over, you’re free from debt.

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Comments

4 Responses to “Money from PPP”

  1. menj on January 14th, 2007 11:26 pm

    Err…how do you withdraw the funds? Accent card?

    - MENJ

    Nope, zapped it over to my webhost for withdrawal. Takes a week or so. And Accent Card went kaput di…. You having one ah?

  2. lilian on January 15th, 2007 1:47 am

    Bryan oso cashed for me. Dem song ler, can burn all for CNY shopping. New clothes, new shoes, new everything on PPP’s expense. Whee!

    Me oso song kah liao. Wah lau, since i sit so long in front of the pc. It’s time i replace my chair with a more comfy model, lol.

  3. Shooi on January 16th, 2007 12:30 am

    Waahhh…can’t wait for my blog to turn 90 days so that i can join the PPP money making crowd. Congrats!

    Thx!! And welcome to my blog!! Soon…soon… you’ll be laughing everyday; even in your sleep, wakakaka. 

  4. side effects of wellbutrin on October 4th, 2007 8:03 am

    side effects of wellbutrin…

    news…

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