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  • Apr 20, 2014
  • Updated: 9:09am

Budgets

Milking a U-turn

The government's budget U-turn - withdrawing a proposal to inject HK$6,000 into each Mandatory Provident Fund account and replacing it with a cash handout to permanent residents and a cut in salaries tax - should make everybody happy.

Saturday, 5 March, 2011, 12:00am

Businessman makes it his mission to break culture of secrecy over annual budgets

Sichuan businessman Wu Juliang, 48, started gaining a national profile three years ago when he called on authorities to make detailed annual budgets public, information that used to be considered a state secret on the mainland. Mr Wu said the call raised public awareness about civil rights and helped foster more transparent government.

15 Mar 2009 - 12:00am

quiz time

Choose the correct definition for the following words

1. average

2. budget

3. pressure

4. stingy

5. value

6. charitable

a) unwilling to spend

b) if you have a HK$100 budget and want to buy presents for two friends, you can spend HK$50 per friend

8 Dec 2008 - 12:00am

quiz time

Choose the correct answer

Different types of expenses

1 A bureau de change buys and sells currencies at two different rates. The difference between the two rates is called:

a. spread

b. margin

c. profit

2 There are three main types of expenses: fixed, variable and ... :

a. diversionary

19 May 2008 - 12:00am

quiz time

True or False?

Goal - compulsory saving for retirement

Budget - project or future expense you plan to do

MPF - you lose something to get another

Trade-off - how much you plan to earn, save and spend

Are all expenses goals?

Shall I put daily expenses in goals?

7 Apr 2008 - 12:00am

Manage your affairs for marital bliss

Money is often cited as a one of the major causes of marital conflict, so to avoid arguments and misunderstandings, it is important to sit down with your partner in order to discuss the details of income, expenditure and longer-term financial goals.

8 Mar 2008 - 12:00am

quiztime

True or False?

1) Budget - another way of using money

2) Economise - spend less

3) Alternative - a forecast of expenses and revenues

4) Reserve - money set aside

5) Prioritise - keep aside

Tips on how to save

4 Feb 2008 - 12:00am

The do's and don'ts of lai see management

Kung Hei Fat Choi! Here comes the season of red packets. This annual revenue is usually much higher than your monthly allowance or it may even be your only income.

How can you manage this money? Will it be enough for all the items on your wish list?

First thing to avoid: don't rush to the shops.

And don't go shopping with all your lai see money.

4 Feb 2008 - 12:00am

Financial secretary expected to be more cautious in budget

The global stocks sell-off has made the financial secretary more cautious about cutting taxes and government spending in the coming financial year as he draws up his budget, government sources say.

23 Jan 2008 - 12:00am

How to do a budget

A budget is like a map to help you navigate your way safely and avoid getting lost.

1 List all your expenses. You need to include everything.

2 For a week or a month, note down all that you spend, by category (food, clothes ...).

3 By looking at how much you spent, anticipate how much you plan to earn and spend for the coming months.

19 Nov 2007 - 12:00am

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