Exactly , mindset of many Malaysians are pretty backwards. The education system is engineered to produce obedient youths instead of producing thinkers. We will never develop because we can’t innovate , whether be it in the STEM field or philosophically which will reflect the well-being of our society.
@Oozaru Kyou you forgot to add one more in uni. In uni: - ask more questions, and you get kicked out from Microsoft Teams because someone wants to end the meeting early or they bear grudge against you. I remember in the last 4 weeks ago, someone keep kicking me out of Teams because I was asking the lecturer questions regarding to assignment or lab in Microsoft Teams. Yeah, I am older by a few years than uni my classmates. The mentality of youngsters are toxic these days. No offense, not insulting anyone here.
I faced the same problem back in education days, people around me just discouraging and timid. Until I made my own way leaving Malaysia behind and work in overseas alone, I found my ways to learn new languages, arts, psychology, business and building strong mindsets when collaborating with different regions of ppl. When I’m meeting my old friends in Malaysia after years, I truly felt how far I’ve come from ever since we parted our ways.
I remember during my school years, I lost interest in classes cause no matter how hard I study, or how curious, what question I ask, the teachers don't care. They will be like ,'don't ask too many question, just memorize, just follow, why need to know so much?'. I couldn't do it cause memorizing without understanding made it hard to solve questions out of the box. In college, there were some lecturers like that. I will always remember this lecturer. Mr Chen. He love his job. He love math. His teaching was awesome. He will take the time to explain and teach you the basics. I felt that is what teachers are suppose to be like.
that's true. Honestly I really think our government should put more effort to improve the quality of our teachers. a Good teacher really makes a huge difference to the future generation
The recent SPM results is a harrowing revelation on the state of affairs of Malaysian education system. Politicians' control over education policy must cease. Let education be handled by experts rather than politicians.
Good video bro. Most people thought the b40 is the only group that need help, when more and more youngsters are starting to get trapped in this entry M40 class.
When I voice out my opinion to boss, they just brush it off and think that his way is best ways. So that's why no one want to voice out their opinion. Our culture are making us to be doers, not thinkers.
I feel you bro..this is why i never voice out my opinions about anything to my boss,tried to give suggestions on improving certain things rearding to work but it's either his way or the highway..matter of fact my pc at the office pun from 2010,so you can imagine how to do the work la...i just follow his orders and keep my mouth shut
@@longviewwanderer9245 I guess you still using windows 7? Man, if you in big corporate, you can't use it due to security reasons. Anyway, after started working for 10 years, i came to realise that my personal happiness is more important, not required to be stressed in work in working with somebody else.
It’s never easy trying to bring changes so here is my 2cent. Why did your boss brush off your ideas, think from their perspectives Maybe there were similar failed attempt, lack of understanding, high risk involved, cost to benefit is too low and many other reasons. It is then up to you to figure out a way to visualise, proving the concept or come up with a middle ground to said concept by minimising the risk to your boss. Technical know-how and creativity are important but communicating it effectively is equally if not more important. I’ve yet to see any business owner that doesn’t like earning more money with less effort/risk If all is said and done but the results are still the same without acknowledgment from your boss, just find another company that would appreciate your effort.
@@lromycl Its important to be someone important in the company FIRST to voice out opinions, i know that everybody in a company is replaceable. But you dont wanna swap a Lamborghini with and old Corrolla would you. I had an argument with my ex boss of 4 years. Basically for the past 7 years of growing his company, 90% of the staff never liked him and the one that leaves always leave at bad terms. He asked me why ? I showed him the harsh truth that for the past 7 years , 80% of the one that left, and start their own company , now they are his competitors . I told him, he's been worshipping the clients instead of taking care of the staffs . And now, all of the ex staffs are picking him off bit by bit by delivering better quality of work than his company.
This is actually true, ignore what people say about you, communicate and engage with people a lot. I'm an introvert but I will still try my best to interact with anyone I work with/learned with because this helps us to explore opportunities, sometimes in the most bizarre ways possible. I am not an achiever, I don't do well in school but I got to live the life I've always dreamed of just because I elevated my chances by communicating with people in my community.
I’m already stuck in the first level, let me tell you a true story. I’m a very curious boy, I like asking a lot of questions. But guess what, I got scolded by everyone included my teacher, parents and etc for asking too many questions and disturbing either the class or wasting their time. This stopped me from asking question and thinking, all I think is what should I have for dinner and follow the syllabus, that’s all.
Middle income trap is everywhere, in US/UK/Canada/Australia/New Zealand/Japan/South Korea etc. Rich and poor gap is there. If we complain about everything that's it. There are many opportunities out there. Many homeless in the States...US education system failure?
I still remember back in university i somehow disagree with my lecturer and i said my disagreement somehow she thinks i am disrespectful🙄problem in malaysia if u young dumb and broke the elders who think they are mature,smart and stable they won’t listen to young people and your idea to them just some immature thinking..
@@hubertcumberdale2651 For freshies and for b most entry jobs - waiter, trainee, sales assistants, sales associates are in Rm1400 -1600 per month(depending on management generosity). Supervisor level is around Rm1800 to 2000 which is quite standard in F&B line or Sales line. Branch manager basic is usually Rm2400 to 3000. You need to deduct 10% of that income for EPF FUND (employee provident fund for retirement). Also the Annual Income tax of >5% (if annual income is more than 24k) Any basic salary is more than that is usually with some terms and conditions apply. Such as commission from successful sales or allowance on expenses(duty related).
@@你是有缘人 Thanks for that info. I've been to Malaysia and even though its a lot more developed compared to most of southeast Asia those salaries still feel incredibly low. I mean a branch manager doesn't even make $10,000 USD a year??
@@hubertcumberdale2651 Bank Branch Manager, Engineer, Oil and Gas Technicians, High End Boutique Manager, Brand Manager, Personal Assistant of Directors..and many more These were the one can earn above Rm4-8k
With our debt rapidly increasing and corruption index rate, as a malay muslim i have to also include another reason is that, Malaysia is one of those countries that will never able to seperate religions, race and politics apart from each other. Their politicians manipulate their people into thinking everyone else is out to get them. Nowadays they are more focused on irrelevant stuff like what are muslim enough and what is not. When we have much more bigger problems such as economical, financials and food resources more. By that, we're ought to become the next sri lanka 🤦♂️
True. We as citizens are always _bagai lembu dicucuk hidung._ Even the culture when learning here tells a lot: Students are too passive, too afraid to ask questions because they don't want to be ridiculed. This is exactly the opposite attitude of the students from advanced countries. As a result, we are stuck in perpetual low-to-middle-income _makan gaji_ mentality. Kita kena berhenti jadi lalang, kena berani cabar orang, jadi manusia bukan sebarang!
Thank you for sharing this!! You are absolutely spot on. I am a fresh graduate who has been in the industrial sector for 6 months and everytime my superior would come up with ideas or solution, we would always had a long chat to discuss on the the feasibility of the proposed idea. We argued a lot but for the sake of knowledge and respect, I would usually present the result of the improvements made prior to the argument. And from the way you speak, I could definitely tell that you are an excellent leader.
It's the same thing in my country in the balkans. In schools you are taught to keep your head down, memorize and regurgitate data, all so you can be an excellent busy bee who never questions his boss or takes initiative. This is intentional, I think it's like this in most of the world.
Definitely true, but the major difference is that you can easily change that once you're out of hs or college/uni and then you're able to think critically no matter the situation you're in. It's not like you're going to get fired from actually challenging bosses or directors decisions or choices they've made, although to be fair it wouldn't be surprising if they did but still you get my point.
I am a foreigner in malaysia, i study in Limkokwing university, and i stated my own business while working in inters for my scholarship for my university, I left malaysia by 2015 to do business oversea with RM190K, now 2020 i am back to Malaysia to rethink another way of doing business, with RM 4.6 Million in my bank account, so thinking is the best way to move forward i cannot keep this money in the bank for 3% interest FD for every month i get RM 11,500 i need some way to make more than this
the "normal" loan 9tahun for a car,loan moto moped tarik 5tahun and 30years mortgage is slowly killing ur financial freedom..try to minimise guys and gals,jangan malu menyewa,guna lrt/grab dan beli barang sekenhen..thats my rule of life,only mortgage so far now and i believe my fellow Malaysians can do well without stupid creditcards,miles points and any personal loans/ along😉
betul mindset tu,,,kat amsterdam cara fikir diorg jauh beza ngan dubai,,,netherland negara pndapatan tnggi,,,ada org gaji bsar naik bsikal je,,,klau gaji bsar lagi byak save,,,diorg punye keutamaan lain,,,diorg fokus kedai tepi jalan kasi cantek2 jdi rupa negara pun cantek culinary arts tu...bayangkan klau sbulan save 500,stahun 6000...20tahun 120k...ramai rkyat malaysia ada saving,,,bleh masuk simpanan dpat % tinggi...tgok la drama kita anak datuk la pe la😏😏spatutnye tunjuk public transport,,,ksedaran bawak beg kitar semula tu cool siap ada design art abstract ke
In order to become above average you cannot do average things. You need to become that weirdo, nerd, crazy guy that you see sometimes. You need to become overly obsessed with something that give you value in life whether in be investing, business, studies, sports, games, etc. Spend 12 hours doing something that average people spend 2 hours at.
Especially the Media/Design/Film industries, imagine being good at almost every technical software, but ended getting paid below average salary. Me personally has been in the industries for 5 years. Being familiar and can actually finish a whole job on my own, but still geting paid less. But i couldnt blaim the company that pays me either, because the amount they receive from client most of the times are below market price as well. That is why in my field, most of the students after graduate they went out of Malaysia and find jobs there. Cause doing art/design takes a lot of time and effort , sometimes we are stuck for more that 15 hours a day for the past 2 weeks . But still getting no overtime . If you dont believe me you can go ask your friends who work in animation or editing house . No overtime for all the effort . Makan gaji jer .
I’m in the landscape architecture field and my frustration is finding skilled graphics people. I wonder if maybe you can look beyond your field and branching out into architectural renderings. It can pay quite well and I know people who are always looking for graphics people. The basics are pretty much the same.
@@lingy74 When you said skilled graphics people, do you mean 3D rendering of architectures or graphics as in making flyers, posters, and promo stuff ? But either way, it really is hard to find in this hard time. Ive been posting vacancy ads for the past 3 weeks. Still gets no response 😅
This is one of the better, if not best financial education channels I have seen (on instagram as well). The most certain way to 'get rich' is to simply improve yourself and your ability to add value to the society/market. The more valuable you can be (either doing more work than others, or doing something that others cannot do), the easier it is for money to follow. This is the hard truth that we have to accept, as opposed to so-called "easy get rich without effort" schemes.
The reasoning is there but it fail to explain why SK, Japan, Taiwan succeed while Malaysians fail although their system is arguably even worse in rote learning and memorisation rather than critical thinking (especially Japan). I think that the author should study more on history, geopolitics and economics first and make a deeper video on Middle income trap, and Malaysian economy failures and miss opportunities. The lack of such analysis on specifically Malaysian failure after the AFC is regrettable. No one out there is doing great reviews. Most just engage in boiler plate excuses and sham reason without deep digging for truth.
4:00 You mean if Zuck had some ethical values and wasn't a thief then Facebook would still exist but the brothers Winklevoss would still be the CEOs. Good video but FB isn't the best example
There is an argument to be made about what Facebook would be if the Winklevoss were the CEOs. Or if Zuck would've created Indibook later on anyway to outcompete Facebook. Similar to what they did to MySpace/Friendster. Who knows, the Winklevoss also got rich from Facebook, just not as rich as Zuck. And if that's the world we live in, I think it would be best for us to wise up to such dealing as well so that we don't get conned.
Just to add some input to the first point at the age of 18 i worked around 300-450hrs a month doing an office work. I kept thinking about what i'll do once i get home. So i started to think about my work efficiency. How to do things faster?more efficient? more accurate? less accidents/mistakes? i learned how excel macros work and managed to automate the task of creating my monthly report. i shaved down the hours from 50hrs (comes from inputting data for 2hrs per day) to just 6-3 hrs. So yeah, always think about efficiency of the work you do and how can you improve it.
Exactly what’s wrong with today’s youth . Yes you get straight A”s in your exam .But when they get out to society and actually get a job , yeah nah yeah . Absolute trash .
Excelling at exams is mostly due to fact of having great memorizing capability, nothing more. Exams do not instill actual knowledge that one can personally conceive and apply it in the real world. Also having EQ (Emotional intelligence) is actually as vital as having good IQ, something that just books and exams will never be able to teach you.
The MYR had been knowingly devalued from 1973 after exiting the Interchangeability Agreement between Singapore-Brunei-Malaysia... Ever since, the MYR has been & /or kept depreciating till to date... No Business Section of the mainstream media would talk of this....this is the nucleus of the countries financial issues..
When am still a young kid I realise they are much slower than others I struggle a lot in reading and writing and that times Teachers Say " maybe you're just born stupid" or " your just lazy" I feel like am just a joke to them... I always feel the odd one and it makes me depressed even more I still don't understand why am like this... Until one day someone told me I have dyslexia a learning difficulty that mainly causes problems with reading, writing and spelling. I will say I feel a kinda relief somehow and the more I learn about my dyslexia so that's when I started to look for more answers and I will question everything around me. Tbh the education system in Malaysia failed us but we can do it better than that. Now I will say my writing still needed more improvements but am happy get to write at least... As long just do what you want to do ppl may think is a dumb idea but how do you know when you never try? Just keep climbing you are halfway there.
Venturing into the the trading world without the help of a proffesional trader and expecting profit is like turning water into wine, you would need a miracle, thats why i trade with Mrs. Martina her skills set exceptional
i invested with Mrs. Martina Rodriguez too, she charges a 20% commision on profits made after every trading session which is fair compared to the efforts she puts in to make huge profits
Finally, someone who spoke the truth. I experienced this myself in university, nobody questioning what the lecturer taught us. Occasionally, I just ask some question to spark the interest among students but really they don't give a shit to explore it even I explained it to them.
No point if you are already gaining skills to further increase your income while your financial skills is lacking. Some RM2500 income guy can buy more than 6 medium cost property to rent out.
The REAL reason why the middle income group (worldwide) finds it increasingly difficult to survive is predominantly due to the SYSTEM itself. A system of unfettered money creation by central banksters (at the behest of politicians, elitists and big corporations including banks and hedge funds). This is also supported by clueless or dishonest academic economists and financial pundits sitting in their ivory towers earning fat salaries while propounding quack financial and economic theories that destroy wealth. The impact of all this is a never ending depreciation of buying power of money (for the upper middle, middle and lower income) bearing in mind most of the newly created money goes into the hands of the banksters, big investment groups, billionaires and multi-millionaires, selected industries and corrupt politicians. There is also a major side effect of this corrupt financial system - the rampant degradation and poisoning of the environment - since ever more economic activity (growth growth growth growth!!!!!) is supposedly needed to counter the ever skyrocketing living costs (due to depreciation of money).
Tbf, it’s the same here in Singapore, especially the older generations. I tend to challenge most conventional opinions and think of alternatives, even if it can be strange, while my parents…. just follow.
Let's take this topic to a broader perspective. Malaysia is not the only country that's stuck in the middle-income trap; Thailand, Argentina, Romania are some examples, and their citizens are also struggling to get out of the middle-income trap just like us. To reach OECD countries' level of GDP per capita in the next few years, our companies-SMEs, and large enterprises-have to change drastically in terms of corporate strategy, human capital, capital investment, etc, in order to get higher in the tier in the value chain in every sector possible. And to have that systemic change, yes, I believe everyone in Malaysia should have the habit of critical thinking.
2:31 as a Malaysian in high school now, this is so true. I noticed that many students refused to ask or debate anything, not to brag but I have the sense of debating as I would debate some of those who really wanted to debate. Sure you can look like an idiot during debate, but at least you don’t stand there and glance lazily doing absolutely nothing.
@@MrMoneyTV Ayyy, I kinda felt like not a lot of Malaysians know that, as you said they are doers not thinkers, sometimes when I make a mistake, I mostly have to be barrage with insults by fellow Malaysians.
In order to get out from proverty, first of all you need a skills such as car repairing, fixing machines and so on.Next step is having a lot of savings around RM50,000.After that, choose on these advance non corruption countries such as Australia, Canada, Uk and Japan.The last step is doing some buisness over your selected countries and change PR and have a good life.To be honest, im a malay Malaysian and i hate my country because there are too many corruptions and the economy wont be recover forever.This is just my opinion.
@@4kt3z94 To cultivate critical thinkers, we have to first give it support. We have a culture that hates or snakes on those who critical thinks because we have massive egos and take everything too personally. I've been told that I offended people's seniority/skills just because I asked questions... hello, I'm asking to understand, get over yourself pls. Sorry for the rant, thats just what I've observed.
Lots of Malaysian Chinese running to western countries. I don't blame them but as someone living in the West, you can forget about owning a house unless you're willing to settle for less. A decent small town house is more than $1.4 mil (rm 4.2 million) in Canada. Apartments aren't cheap either. It would be more financially prudent to own a big house in Malaysia and live off savings.
I have critical thinking. When I see a product or a problem. My mind will process and try to solve the problem and how I can sell the idea. But I dont know how to start. It is just stuck in my mind.
i think the idea is that we like to conform, the idea the one that stands out. Like to save face Some teacher resort to having a point system in class to force students to ask question, where if you asked a question, you get a point, and anyone that doesnt have a point at the end of the class will get punish
It is a sales pitch but indirectly. Whether you can make or not it is not important. The important part is that you subscribe to Skillshare and the commission is waiting for him 😂
"we are just doers not thinkers" - mr money tv well thats actually true tho, since dulu lagi kita dah di adapt kan dengan situation sekarang ni even my history teacher discussed this. also most of org melayu suka menjatuhkan bangsa diorang sendiri sbb jealous. dont come at me, i'm also melayu and ik it is true. so sick smh
Well, not really. As for Islam, the Quran explicit states that it is for people who think. The actual word used is 'fikr' means to think and ponder deeply. If anybody is to blame is the people themselves. Peace
I think we have enough exposure to the outside world through social media and the internet to understand what we need to do get out of our comfort zone. Truth to the matter is it is within ourselves to achieve what we want and how to go about it. I think most of are just lazy and happy playing video games, watching netflix or korean drama or perhaps cooking shows. However, I think we are on a good start by watching this video (assuming you didn't just stumble across it through algorithms set by YT). Stay safe everyone and thanks for reading my comments.
Instead of having to suffer financially in Malaysia I've left that shit hold for a better country, like or hate my statement most of you know its true, if you managed to make it in Malaysia then good for you for me i wouldn't like to find out
@@MrMoneyTV sailing is one of this, technician astro make abt 7k-15k per months if they work hard etc. A lot of blue collar job earn alot in malaysia. Just because people keep thinking white collar job is the way with their degree. Learn a trade or go to trade school. Alot of blue collar job in malaysia make more than the average doctor
They don’t want us to think critically otherwise we’d all question why ketuanan Malayu is allowed flourish in Malaysia, and also why os it that rational people irrationally and blindly follow Islam.
That is how the governments want Malaysian to be.just follow blindly and don ask questions that's is why most Malaysian became very passive.
We are socially engineer by gov anyway
any society with religions are most likely train to be obedient.
Exactly , mindset of many Malaysians are pretty backwards. The education system is engineered to produce obedient youths instead of producing thinkers. We will never develop because we can’t innovate , whether be it in the STEM field or philosophically which will reflect the well-being of our society.
@@eduardochavacano China has no religion
@@joseph3036 they do and the name of they god is China communist party
in uni:
- more question asked, more knowledge gained.
- lesser question asked, -lesser knowledge gained- . *faster class can finish.*
Why does it relates to me, even though i ain't malaysian
@Oozaru Kyou you forgot to add one more in uni.
In uni:
- ask more questions, and you get kicked out from Microsoft Teams because someone wants to end the meeting early or they bear grudge against you.
I remember in the last 4 weeks ago, someone keep kicking me out of Teams because I was asking the lecturer questions regarding to assignment or lab in Microsoft Teams.
Yeah, I am older by a few years than uni my classmates. The mentality of youngsters are toxic these days. No offense, not insulting anyone here.
@@aaronlimeuchin7352 I damm agree with you
So true
True trrue
10 years ago, graduate salary = RM2500
2021, graduate salary = RM2500
NANI!?!
Hi imposter
You forgot we are having inflation too
those are criminally low salaries...very disappointing for Malaysians who are trying to get a leg up in the world.
@@akiravader7888 that make our situation even worse
@@trackhero2714 ya, struggle to live even for a single guy
I faced the same problem back in education days, people around me just discouraging and timid. Until I made my own way leaving Malaysia behind and work in overseas alone, I found my ways to learn new languages, arts, psychology, business and building strong mindsets when collaborating with different regions of ppl.
When I’m meeting my old friends in Malaysia after years, I truly felt how far I’ve come from ever since we parted our ways.
I remember during my school years, I lost interest in classes cause no matter how hard I study, or how curious, what question I ask, the teachers don't care. They will be like ,'don't ask too many question, just memorize, just follow, why need to know so much?'. I couldn't do it cause memorizing without understanding made it hard to solve questions out of the box.
In college, there were some lecturers like that. I will always remember this lecturer. Mr Chen. He love his job. He love math. His teaching was awesome. He will take the time to explain and teach you the basics. I felt that is what teachers are suppose to be like.
that's true. Honestly I really think our government should put more effort to improve the quality of our teachers. a Good teacher really makes a huge difference to the future generation
The recent SPM results is a harrowing revelation on the state of affairs of Malaysian education system. Politicians' control over education policy must cease. Let education be handled by experts rather than politicians.
In Malaysia:
Student: What topics are coming up in exams?
Worker: What task does boss want me to do?
Singapore is also the same, gov plan everything for u.
The knowledge u shared with us is useful for the future. I watch and let the advertisement run after ur video. May it help u bro.
Thanks my friend! you are so sweet! :) hope it helped you!
Welcome my friend 😉
@@MrMoneyTVbro got any legit investment tips websites that we can rely on during this covid 19 crisis?
@@lastman9844 StashAway 10% risk gives very good returns
Good video bro. Most people thought the b40 is the only group that need help, when more and more youngsters are starting to get trapped in this entry M40 class.
Yes. M40 is the most forgotten "poor" in today's society
🚀The first 1000 people to use the link will get a free trial of Skillshare Premium Membership: skl.sh/mrmoneytv05211
When I voice out my opinion to boss, they just brush it off and think that his way is best ways. So that's why no one want to voice out their opinion. Our culture are making us to be doers, not thinkers.
I feel you bro..this is why i never voice out my opinions about anything to my boss,tried to give suggestions on improving certain things rearding to work but it's either his way or the highway..matter of fact my pc at the office pun from 2010,so you can imagine how to do the work la...i just follow his orders and keep my mouth shut
@@longviewwanderer9245 I guess you still using windows 7? Man, if you in big corporate, you can't use it due to security reasons. Anyway, after started working for 10 years, i came to realise that my personal happiness is more important, not required to be stressed in work in working with somebody else.
It’s never easy trying to bring changes so here is my 2cent.
Why did your boss brush off your ideas, think from their perspectives
Maybe there were similar failed attempt, lack of understanding, high risk involved, cost to benefit is too low and many other reasons.
It is then up to you to figure out a way to visualise, proving the concept or come up with a middle ground to said concept by minimising the risk to your boss. Technical know-how and creativity are important but communicating it effectively is equally if not more important.
I’ve yet to see any business owner that doesn’t like earning more money with less effort/risk
If all is said and done but the results are still the same without acknowledgment from your boss, just find another company that would appreciate your effort.
same i feel u too, they'll just treat u as mental or an outcast when u voice out too much.
@@lromycl Its important to be someone important in the company FIRST to voice out opinions, i know that everybody in a company is replaceable. But you dont wanna swap a Lamborghini with and old Corrolla would you.
I had an argument with my ex boss of 4 years. Basically for the past 7 years of growing his company, 90% of the staff never liked him and the one that leaves always leave at bad terms. He asked me why ? I showed him the harsh truth that for the past 7 years , 80% of the one that left, and start their own company , now they are his competitors . I told him, he's been worshipping the clients instead of taking care of the staffs . And now, all of the ex staffs are picking him off bit by bit by delivering better quality of work than his company.
This is actually true, ignore what people say about you, communicate and engage with people a lot. I'm an introvert but I will still try my best to interact with anyone I work with/learned with because this helps us to explore opportunities, sometimes in the most bizarre ways possible.
I am not an achiever, I don't do well in school but I got to live the life I've always dreamed of just because I elevated my chances by communicating with people in my community.
Yes. It’s not about doing well in school. It’s about paying attention to opportunity and taking chances
As most financially educated people say being average is being in debts or broke
I’m already stuck in the first level, let me tell you a true story. I’m a very curious boy, I like asking a lot of questions. But guess what, I got scolded by everyone included my teacher, parents and etc for asking too many questions and disturbing either the class or wasting their time. This stopped me from asking question and thinking, all I think is what should I have for dinner and follow the syllabus, that’s all.
Yeah bro they call me attention seeker because I keep asking a question ....what a sad life 😅
@@hahahahaahahah8623
banyak student bangsat menggangu saya belajar
@@kazumakiryuu2668 duduk lagi kelas belakang
@@hahahahaahahah8623 mungkin diorang jealous kot 🤣🤣🤣😂😂😂
@@kazumakiryuu2668 diorang jealous sebab kita ni jenis yg rajin belajar dan selalu tanya soalan
Malaysia needs to produce more quality products and exported all over the world
We should spend more on R&D and education. Create our own product rather than just helping people to make theirs.
We already exported a lot. Grab, Wilmar you named it
@@iamgreat1234 Grab is Singaporean.
@@anne_an0nym0us Grab used to be MyTeksi
Middle income trap is everywhere, in US/UK/Canada/Australia/New Zealand/Japan/South Korea etc. Rich and poor gap is there. If we complain about everything that's it. There are many opportunities out there. Many homeless in the States...US education system failure?
Getting sponsored by Skillshare already? Mr Money is getting big! keep up the good work.
I still remember back in university i somehow disagree with my lecturer and i said my disagreement somehow she thinks i am disrespectful🙄problem in malaysia if u young dumb and broke the elders who think they are mature,smart and stable they won’t listen to young people and your idea to them just some immature thinking..
WOW...amazingly executed pointers...so much value in every points elaborated...short yet precise content!
Wait..until you see someone with Rm1400 salary a month. If yours is rat race, then those are in death race 🤣
Is 350 Ringgit really a common weekly salary (1400 a month)?
@@hubertcumberdale2651
For freshies and for b most entry jobs - waiter, trainee, sales assistants, sales associates are in Rm1400 -1600 per month(depending on management generosity). Supervisor level is around Rm1800 to 2000 which is quite standard in F&B line or Sales line. Branch manager basic is usually Rm2400 to 3000. You need to deduct 10% of that income for EPF FUND (employee provident fund for retirement). Also the Annual Income tax of >5% (if annual income is more than 24k)
Any basic salary is more than that is usually with some terms and conditions apply. Such as commission from successful sales or allowance on expenses(duty related).
@@你是有缘人 Thanks for that info. I've been to Malaysia and even though its a lot more developed compared to most of southeast Asia those salaries still feel incredibly low. I mean a branch manager doesn't even make $10,000 USD a year??
@@hubertcumberdale2651
Bank Branch Manager, Engineer, Oil and Gas Technicians, High End Boutique Manager, Brand Manager, Personal Assistant of Directors..and many more
These were the one can earn above Rm4-8k
@@hubertcumberdale2651 Actually you may Google the informations, just need to dig deeper
With our debt rapidly increasing and corruption index rate, as a malay muslim i have to also include another reason is that, Malaysia is one of those countries that will never able to seperate religions, race and politics apart from each other.
Their politicians manipulate their people into thinking everyone else is out to get them. Nowadays they are more focused on irrelevant stuff like what are muslim enough and what is not. When we have much more bigger problems such as economical, financials and food resources more. By that, we're ought to become the next sri lanka 🤦♂️
True. We as citizens are always _bagai lembu dicucuk hidung._ Even the culture when learning here tells a lot: Students are too passive, too afraid to ask questions because they don't want to be ridiculed. This is exactly the opposite attitude of the students from advanced countries. As a result, we are stuck in perpetual low-to-middle-income _makan gaji_ mentality.
Kita kena berhenti jadi lalang, kena berani cabar orang, jadi manusia bukan sebarang!
Thank you for sharing this!! You are absolutely spot on. I am a fresh graduate who has been in the industrial sector for 6 months and everytime my superior would come up with ideas or solution, we would always had a long chat to discuss on the the feasibility of the proposed idea. We argued a lot but for the sake of knowledge and respect, I would usually present the result of the improvements made prior to the argument. And from the way you speak, I could definitely tell that you are an excellent leader.
It's the same thing in my country in the balkans. In schools you are taught to keep your head down, memorize and regurgitate data, all so you can be an excellent busy bee who never questions his boss or takes initiative. This is intentional, I think it's like this in most of the world.
Definitely true, but the major difference is that you can easily change that once you're out of hs or college/uni and then you're able to think critically no matter the situation you're in.
It's not like you're going to get fired from actually challenging bosses or directors decisions or choices they've made, although to be fair it wouldn't be surprising if they did but still you get my point.
I am a foreigner in malaysia, i study in Limkokwing university, and i stated my own business while working in inters for my scholarship for my university,
I left malaysia by 2015 to do business oversea with RM190K, now 2020 i am back to Malaysia to rethink another way of doing business, with RM 4.6 Million in my bank account,
so thinking is the best way to move forward
i cannot keep this money in the bank for 3% interest FD for every month i get RM 11,500
i need some way to make more than this
the "normal" loan 9tahun for a car,loan moto moped tarik 5tahun and 30years mortgage is slowly killing ur financial freedom..try to minimise guys and gals,jangan malu menyewa,guna lrt/grab dan beli barang sekenhen..thats my rule of life,only mortgage so far now and i believe my fellow Malaysians can do well without stupid creditcards,miles points and any personal loans/
along😉
betul mindset tu,,,kat amsterdam cara fikir diorg jauh beza ngan dubai,,,netherland negara pndapatan tnggi,,,ada org gaji bsar naik bsikal je,,,klau gaji bsar lagi byak save,,,diorg punye keutamaan lain,,,diorg fokus kedai tepi jalan kasi cantek2 jdi rupa negara pun cantek culinary arts tu...bayangkan klau sbulan save 500,stahun 6000...20tahun 120k...ramai rkyat malaysia ada saving,,,bleh masuk simpanan dpat % tinggi...tgok la drama kita anak datuk la pe la😏😏spatutnye tunjuk public transport,,,ksedaran bawak beg kitar semula tu cool siap ada design art abstract ke
why I feel like watching this video same like reading 'rich dad poor dad' book.
this video was so real and genuine, honestly sets your channel apart from the rest of the malaysian finance gurus
I wonder why this wonderful UA-cam channel only have 70k subscribers, lets make it 100k guys
In order to become above average you cannot do average things. You need to become that weirdo, nerd, crazy guy that you see sometimes. You need to become overly obsessed with something that give you value in life whether in be investing, business, studies, sports, games, etc. Spend 12 hours doing something that average people spend 2 hours at.
Especially the Media/Design/Film industries, imagine being good at almost every technical software, but ended getting paid below average salary. Me personally has been in the industries for 5 years. Being familiar and can actually finish a whole job on my own, but still geting paid less. But i couldnt blaim the company that pays me either, because the amount they receive from client most of the times are below market price as well. That is why in my field, most of the students after graduate they went out of Malaysia and find jobs there. Cause doing art/design takes a lot of time and effort , sometimes we are stuck for more that 15 hours a day for the past 2 weeks . But still getting no overtime . If you dont believe me you can go ask your friends who work in animation or editing house . No overtime for all the effort . Makan gaji jer .
I’m in the landscape architecture field and my frustration is finding skilled graphics people. I wonder if maybe you can look beyond your field and branching out into architectural renderings. It can pay quite well and I know people who are always looking for graphics people. The basics are pretty much the same.
@@lingy74 When you said skilled graphics people, do you mean 3D rendering of architectures or graphics as in making flyers, posters, and promo stuff ?
But either way, it really is hard to find in this hard time. Ive been posting vacancy ads for the past 3 weeks. Still gets no response 😅
This is one of the better, if not best financial education channels I have seen (on instagram as well).
The most certain way to 'get rich' is to simply improve yourself and your ability to add value to the society/market. The more valuable you can be (either doing more work than others, or doing something that others cannot do), the easier it is for money to follow.
This is the hard truth that we have to accept, as opposed to so-called "easy get rich without effort" schemes.
Wow, thank you!
Or below average...
Ur not included in this category. You are above average 😁
Iemme secure the second position of ray mak's comment section eh
Thanks for this comprehensive and useful discussion. You are right , we need to change our mindsets and get things done.
I do not think that Malaysians are poor. I am not a Malaysian.
Good one. Easy to follow and concise delivery. Thanks
It's not just malaysia. Indonesia have this education problem as well
The reasoning is there but it fail to explain why SK, Japan, Taiwan succeed while Malaysians fail although their system is arguably even worse in rote learning and memorisation rather than critical thinking (especially Japan).
I think that the author should study more on history, geopolitics and economics first and make a deeper video on Middle income trap, and Malaysian economy failures and miss opportunities.
The lack of such analysis on specifically Malaysian failure after the AFC is regrettable. No one out there is doing great reviews. Most just engage in boiler plate excuses and sham reason without deep digging for truth.
I might add that being flexible is another important trait to develop to succeed , this allows you to see the bigger picture
4:00 You mean if Zuck had some ethical values and wasn't a thief then Facebook would still exist but the brothers Winklevoss would still be the CEOs. Good video but FB isn't the best example
There is an argument to be made about what Facebook would be if the Winklevoss were the CEOs. Or if Zuck would've created Indibook later on anyway to outcompete Facebook. Similar to what they did to MySpace/Friendster. Who knows, the Winklevoss also got rich from Facebook, just not as rich as Zuck.
And if that's the world we live in, I think it would be best for us to wise up to such dealing as well so that we don't get conned.
Just to add some input to the first point
at the age of 18 i worked around 300-450hrs a month doing an office work. I kept thinking about what i'll do once i get home. So i started to think about my work efficiency. How to do things faster?more efficient? more accurate? less accidents/mistakes? i learned how excel macros work and managed to automate the task of creating my monthly report. i shaved down the hours from 50hrs (comes from inputting data for 2hrs per day) to just 6-3 hrs.
So yeah, always think about efficiency of the work you do and how can you improve it.
Maybe Malaysian culture forbids questioning. It takes 100 years to change the old culture, but now with technologies, it just takes weeks. 👏👏👏
This is real good content.
It's the culture we all call it - "because boss say so" or "takut boss marah". Legit this deeply rooted culture is preventing many from venturing out.
What a piece of amazing advice. I'm thankful i bumped up to your video tho!
Love your content. Way to go bro
Great sharing.. Thank you bro ❤️
My pleasure
That transition to advertising skillshare is smooth. haha
Poor people think about what there can buy with their money, Rich people think about what there can invest in with their money 💰💰💰;..
The rich stay rich by investing and investing without stopping then the poor stay poor by spending like the
Rich but yet not investing like the rich
Investing is a stepping stone to success, investing is what create wealth.
Recently, I invested in both stock and Crypto but currently I believe crypto is doing more better !!
The best thing to do in this period is to invest in silver and crypto .
Most intelligent word I've heard
today
The Malaysin Just being smart to pass exam
Exactly what’s wrong with today’s youth . Yes you get straight A”s in your exam .But when they get out to society and actually get a job , yeah nah yeah . Absolute trash .
Not even
Excelling at exams is mostly due to fact of having great memorizing capability, nothing more. Exams do not instill actual knowledge that one can personally conceive and apply it in the real world. Also having EQ (Emotional intelligence) is actually as vital as having good IQ, something that just books and exams will never be able to teach you.
so true bro
@@DarkZerol You know,its a whole different story if you are talking abt passing Acca exam..
The MYR had been knowingly devalued from 1973 after exiting the Interchangeability Agreement between Singapore-Brunei-Malaysia... Ever since, the MYR has been & /or kept depreciating till to date... No Business Section of the mainstream media would talk of this....this is the nucleus of the countries financial issues..
When am still a young kid I realise they are much slower than others I struggle a lot in reading and writing and that times Teachers Say " maybe you're just born stupid" or " your just lazy" I feel like am just a joke to them... I always feel the odd one and it makes me depressed even more I still don't understand why am like this... Until one day someone told me I have dyslexia a learning difficulty that mainly causes problems with reading, writing and spelling.
I will say I feel a kinda relief somehow and the more I learn about my dyslexia so that's when I started to look for more answers and I will question everything around me.
Tbh the education system in Malaysia failed us but we can do it better than that.
Now I will say my writing still needed more improvements but am happy get to write at least...
As long just do what you want to do ppl may think is a dumb idea but how do you know when you never try? Just keep climbing you are halfway there.
First time getting this channel..very useful!
Great video!! Already subscribed.
Thanks buddy!
Bitcoin and forex investment is the key just as started with Mrs. Martina Rodriguez, my portfolio has grown so high
Venturing into the the trading world without the help of a proffesional trader and expecting profit is like turning water into wine, you would need a miracle, thats why i trade with Mrs. Martina her skills set exceptional
i make huge profits on my investment since i started trading with Mrs. Martina Rodriguez, her trading strategies are top notch
investing with Mrs. Martina Rodriguez is the best
wow...amazing to see others who trade with this woman i am currently on my 5th trade with her and my portfolio has grown tremendously
i invested with Mrs. Martina Rodriguez too, she charges a 20% commision on profits made after every trading session which is fair compared to the efforts she puts in to make huge profits
Wow to be sponsored by skillshare, a rite of passage for UA-camrs! 🙌🙌🙌 You guys have come a long way! 🍻🍻
M40 is taken out for granted.Good point there.
Finally, someone who spoke the truth. I experienced this myself in university, nobody questioning what the lecturer taught us. Occasionally, I just ask some question to spark the interest among students but really they don't give a shit to explore it even I explained it to them.
No point if you are already gaining skills to further increase your income while your financial skills is lacking. Some RM2500 income guy can buy more than 6 medium cost property to rent out.
I almost thought I have what it takes. But I saw the comma between "execute" and "people". I guess I still need to work hard on things.
You can do it!!
Thanks for the sound advices
golden vid!
Yes, I'm damn poor! We have too many expenses, for example, I have been paying 2k/month on parking fee.
Terima kasih...bagi nasihat..dan idea..
Everybody I know has been stuck earning nothing more than RM3000 a month for years now.
The REAL reason why the middle income group (worldwide) finds it increasingly difficult to survive is predominantly due to the SYSTEM itself. A system of unfettered money creation by central banksters (at the behest of politicians, elitists and big corporations including banks and hedge funds). This is also supported by clueless or dishonest academic economists and financial pundits sitting in their ivory towers earning fat salaries while propounding quack financial and economic theories that destroy wealth. The impact of all this is a never ending depreciation of buying power of money (for the upper middle, middle and lower income) bearing in mind most of the newly created money goes into the hands of the banksters, big investment groups, billionaires and multi-millionaires, selected industries and corrupt politicians. There is also a major side effect of this corrupt financial system - the rampant degradation and poisoning of the environment - since ever more economic activity (growth growth growth growth!!!!!) is supposedly needed to counter the ever skyrocketing living costs (due to depreciation of money).
I am agree with you.👍
Tbf, it’s the same here in Singapore, especially the older generations.
I tend to challenge most conventional opinions and think of alternatives, even if it can be strange, while my parents…. just follow.
Thank you for the SkillShare promotion code
mr moneyyyy...i vaccinated..im so happy..
Congrats!!! :)
@@MrMoneyTV thanksss
Wonderful mind opening video👍🔥, more Malaysian need to see this.💪
Thank you 🙌 more to come!
Great content 👍. Stay safe bro
Let's take this topic to a broader perspective. Malaysia is not the only country that's stuck in the middle-income trap; Thailand, Argentina, Romania are some examples, and their citizens are also struggling to get out of the middle-income trap just like us. To reach OECD countries' level of GDP per capita in the next few years, our companies-SMEs, and large enterprises-have to change drastically in terms of corporate strategy, human capital, capital investment, etc, in order to get higher in the tier in the value chain in every sector possible. And to have that systemic change, yes, I believe everyone in Malaysia should have the habit of critical thinking.
Hey maaan great content. Same here in thr Philippines. Even worse haha. Keep going and never give up
Haha thanks bro! But congrats Philippines is doing well man!
@@MrMoneyTV no we are not man we just had the worst economic contaction since world war 2
Thank you to capitalists for what we are facing today 🙃
I LOVE THIS !!!
I am Indonesian. Our students have similar traits.
Let’s be the change of this!!
@@MrMoneyTV Sure!!
2:31 as a Malaysian in high school now, this is so true. I noticed that many students refused to ask or debate anything, not to brag but I have the sense of debating as I would debate some of those who really wanted to debate. Sure you can look like an idiot during debate, but at least you don’t stand there and glance lazily doing absolutely nothing.
Totally agree. One thing we need to learn is… fail more so you can succeed.
@@MrMoneyTV Ayyy, I kinda felt like not a lot of Malaysians know that, as you said they are doers not thinkers, sometimes when I make a mistake, I mostly have to be barrage with insults by fellow Malaysians.
In order to get out from proverty, first of all you need a skills such as car repairing, fixing machines and so on.Next step is having a lot of savings around RM50,000.After that, choose on these advance non corruption countries such as Australia, Canada, Uk and Japan.The last step is doing some buisness over your selected countries and change PR and have a good life.To be honest, im a malay Malaysian and i hate my country because there are too many corruptions and the economy wont be recover forever.This is just my opinion.
The only way to breakout from this is to live an unconventional life, i.e. not having kids... they're hella expensive.
not critical thinking
@@4kt3z94 To cultivate critical thinkers, we have to first give it support. We have a culture that hates or snakes on those who critical thinks because we have massive egos and take everything too personally. I've been told that I offended people's seniority/skills just because I asked questions... hello, I'm asking to understand, get over yourself pls. Sorry for the rant, thats just what I've observed.
Depend on how your lifestyle
I used to ask question but became the target of bully in class because my questions dragged the class longer... Then i stopped
Lots of Malaysian Chinese running to western countries. I don't blame them but as someone living in the West, you can forget about owning a house unless you're willing to settle for less. A decent small town house is more than $1.4 mil (rm 4.2 million) in Canada. Apartments aren't cheap either. It would be more financially prudent to own a big house in Malaysia and live off savings.
Why indeed is a very powerful question..
I think I was watching Nuke Top 5 for a moment due to background music used. haha. Anyway nice video.
I have critical thinking. When I see a product or a problem. My mind will process and try to solve the problem and how I can sell the idea. But I dont know how to start. It is just stuck in my mind.
i think the idea is that we like to conform, the idea the one that stands out. Like to save face
Some teacher resort to having a point system in class to force students to ask question, where if you asked a question, you get a point, and anyone that doesnt have a point at the end of the class will get punish
I think great teachers are needed in Malaysia. That is something lacking in malaysia. High quality educators
You are correct, the Malaysia system stuck us to cannot go cross the barrier
It is a sales pitch but indirectly. Whether you can make or not it is not important.
The important part is that you subscribe to Skillshare and the commission is waiting for him 😂
"we are just doers not thinkers"
- mr money tv
well thats actually true tho, since dulu lagi kita dah di adapt kan dengan situation sekarang ni even my history teacher discussed this. also most of org melayu suka menjatuhkan bangsa diorang sendiri sbb jealous. dont come at me, i'm also melayu and ik it is true. so sick smh
Same experience in Singapore too.
That’s where religion comes in, to keep people from thinking critically
Well, not really.
As for Islam, the Quran explicit states that it is for people who think. The actual word used is 'fikr' means to think and ponder deeply.
If anybody is to blame is the people themselves.
Peace
I think we have enough exposure to the outside world through social media and the internet to understand what we need to do get out of our comfort zone. Truth to the matter is it is within ourselves to achieve what we want and how to go about it. I think most of are just lazy and happy playing video games, watching netflix or korean drama or perhaps cooking shows. However, I think we are on a good start by watching this video (assuming you didn't just stumble across it through algorithms set by YT). Stay safe everyone and thanks for reading my comments.
no politicians give a F to what people r facing...not to one not related to them , but they want to be the govt / leader for the people . Sick !
I am a fresh graduate and my monthly salary is just rm1300... What a shitty life
Instead of having to suffer financially in Malaysia I've left that shit hold for a better country, like or hate my statement most of you know its true, if you managed to make it in Malaysia then good for you for me i wouldn't like to find out
Can't relate.
High paying job is alot in Malaysia but it's dangerous so majority Malaysian people don't even know or want to do the job.
Do share with us what are these high paying jobs your are talking about. We would love to know :)
@@MrMoneyTV sailing is one of this, technician astro make abt 7k-15k per months if they work hard etc. A lot of blue collar job earn alot in malaysia. Just because people keep thinking white collar job is the way with their degree. Learn a trade or go to trade school. Alot of blue collar job in malaysia make more than the average doctor
They don’t want us to think critically otherwise we’d all question why ketuanan Malayu is allowed flourish in Malaysia, and also why os it that rational people irrationally and blindly follow Islam.
The title of video was not related to the content of the video.
i am in my 40s - a group of us need to know where do we start as we are a bot late in the game
Not yet... Start your baby steps
sometimes, the teachers can't comprehend the criticalness of the students questions. hahaha
banyak student bangsat menggangu saya belajar
Toxic work culture is the problem here. Overwork and get underpaid. Who want to work kind of job? We are not machine!
Take the next step. Spot on