Malaysia goverment has decided to reduce the oil price from 2.70 to 2.55...variance of 15 cent for each liter of petrol do sound like nothing for some commoneer...still, at least it could reduce our monthly expenses though not in significant way. I wonder waht if the global oil price continue to reduce to less than US 70 / barrel. it may cause a termendous impact to all country especially like us in Malaysia. Hoping that we could save more or spend more is other issue but still we got extra pocket money which can be use wisely by commoner..
why i'm using the word commoner..because majority of population is a middle class breadwinner..like my...back in 90's, those who have earning of 3k / month can consider as middle class where they could drive good car and good house to live. Nowdays, could could consider yourself as middle class if you earning more than 5k/ month. Why, living in city where money is everthing, you still need to pay for parking lot, even 1 roti chanai could easily cause you RM 1.20. Every single move outside your house, cause money.
Rich people don't have to really think about this..they still have enough as long they don't have any debt with ALONG or any illegal money provider.
guys....this is just my opinion...it is up to you reader to think...
chow
