Well, rather than lamenting, criticising or taking your anger to the street which will only end up in you being put in ISA detention center, here is my two sen of advice regarding the petrol price hike.
1. One man, one vote. Wait for your turn to exercise your right. You know what I mean.
2. For those of lower income, start adjusting to the snowball effect of higher inflation. Here are some examples of measures you can consider:
- Eat less outside. Be self-sufficient. Plant your own vegetables.
3. For medium-income earners, they are moving slowly but surely into lower income group. Here are some adjustments:
- Do not burden yourself with debts eg, car and house mortgages or credit card bills. At least delay it till the right time.
4. For investors and businessmen, it will depend on how they look at it. On one side of the coin, well, its time to look elsewhere but the other side will tell that there is a 'durian runtuh' this year. Why run away when you can become instant millionaire in your own soil. Anything is possible.
5. For upper income earner, kudos to their nationalism!