Yes, lets spend more...

According to the latest budget of 2008 they have allowed The EPF monthly withdrawal for reducing housing loans.

Read here.

First i saw i tot very good. They allow you to get EPF withdrawal to help you subsidize you home loan.

But then take a look at this sentence.

Second Finance Minister Tan Sri Nor Mohamed Yakcop said the money could then be used to either help offset the housing loan instalment or for the contributor to afford a bigger or more expensive house.

Wah... asking you to spend more...

Take a read at this article to learn about other reviews. this

My suggestion.
If you do get the cash. Here are some things you could do with it, since they bank in directly into your account.

1) Pay of your credit card outstanding first. (Save 18%)
2) Invest into some investment that can get you returns that are more then 6.5% per annum. (Taking into account of the average housing loan rate).

If you are not getting around this rate or wish to get lower rates. you can go to fiscal wise for some help.

Malaysia Boleh

Tot i would want to pen this down.

It was in the evening about 6pm when i reach the pg bus stop. I walked out the the bus stop outside when i heard this interesting conversation

Indian Taxi Driver : Taxi, taxi, .. lai ai ki to lok ( Means wanna go where)
Chinese Lady : Jalan Masjid Negri
Taxi Driver : Lima Puluh
Lady : Huh!! Lima Puluh?.... Pauses a while.... Sepuluh la.
(Sepuluh is over charging already, its only about 15mins away, or about 5km)

Taxi Driver ignores her and then turns to his other taxi fren and start laughing together...like tryin to give a hint..(mana ada sepuluh punya?)
So the lady with a very confused face.
Then the amazing thing after tat is the taxi driver starts to shout again....Taxi!!! Taxi!!!

What is this??? Customer in front dun want. Wanna look for other water fish.... No wonder la... Malaysia Boleh...