Money Matters
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My July 2020 Personal Financial Position and Investment Portfolio (with template)
Building wealth takes time and understanding our portfolio is an important exercise for 2 main reasons: Evaluate existing portfolio for the need to re-balance Plan and strategise for future investments Quick note: I’ve…
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Spending with Cash, Debit, Credit Cards, E-Wallets
Let’s start with a story Once upon a time, the society earns a living by the trade that they are born into. Some plant vegetables, some herd sheep, some mine for materials, etc.…
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BNM cuts OPR for the 4th time: How it affects our lives?
On 7 July 2020, the Malaysian Central Bank (Bank Negara Malaysia – BNM) cut the Overnight Policy Rate (OPR) for the fourth time by 0.25% to a record low of 1.75%. This is…
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Treats Fair: The Benefits of Credit Cards
Credit cards are one of the best financial products ever offered. Sadly, this world has tainted them with horror stories where cardholders get themselves into mountain of debts. But it doesn’t need to…
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The BEST Savings Account in Malaysia
Personal Finance 101: What piggy bank to use? Unless you keep stacks of cash in a metal tin under your bed or store them in a physical safety deposit box, it is unavoidable…
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The GAP: Passive Income VS Living Expenses
…Continuation from my previous post on Financial Freedom With the Financial Freedom equation at hand… Financial Freedom = Passive Income > Living Expenses It’s time to look into the details on each side.…
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The Magic and Wonders of Financial Freedom
Once upon a time, during my much younger days when I first graduated, my aim was to get a head start by landing a good job. As the saying goes, “Study hard, get…