Basically, even if I have lots of money, like say millions or billions of dollars, I don’t see myself buying too expensive bags. Of course, I am not saying don’t buy them, it is just my opinion for myself. One of my reasons for not agreeing to it is the fact that bags will worn out after sometime. Then, what’s next? I will just throw it away. That’s why I don’t consider things that worn out as an investment. They are just luxuries.

If I own lots of money, then I will rather buy not so expensive bags, and then buy gold or jewelries. Those things don’t depreciate in value. It actually appreciates after sometime. So, if I opt to Sell Gold, I will get income. My money is not wasted. I can even give the income to help the needy.

Well, again that is just my opinion. I know life is too short not to splurge on something. Plus, I know of the fact that some people just have so much that they no longer know where and what to spend their money. I guess this is just my perspective for now because I don’t have too much.

Not long ago, the Bureau of Internal Revenue announced that they will implement a firmer tax collection policy. They will review all the taxpayers’ records to see those who are not paying the right amount of taxes. From then they will give out appropriate punishment especially to tax evaders, which could be in a form or penalty or surcharges or imprisonment.

The only problem, there is not much choices on how to pay taxes. Of course, not all people have the luxury to visit the nearest office. Some will have to take a time off from work just to file their tax documents. Another problem is that the process takes too long. I am not sure what causes it probably due to lazy staff or they just don’t have a systematic approach.

Whatever their reason is, I still think having a file taxes online set-up, like those in the US, could greatly help. Just like my daughter who spends at least two days to finish everything. The mostly spend on falling-in line and waiting for the name to be called. If they just employ online system, it would be very beneficial to busy taxpayers. That way those individuals don’t need to leave their jobs for a day or two.