-
My opinion on EPF withdrawals
Coming out of the COVID pandemic (yes, I know we’re not out of it yet) lockdowns from last year, I’ve been seeing a lot of news headlines on Employees Provident Fund (EPF) and…
-
Allocating Bonus Income (excess cash)
Merry christmas and a happy new year! As the year is coming to an end, comes the time to finalize all appraisals and start anticipating for bonuses. Hence, I think it’s timely to…
-
Penny Wise, Pound Foolish
No, I am not talking about a certain *scary* clown with the infamous red balloon. This famous idiom “Penny Wise, Pound Foolish” (or in Malaysian context “Sen Wise, Ringgit Foolish”) is used to…
-
Frank by OCBC Malaysia
Frankly, I think Frank by OCBC Malaysia is one of the better high interest savings accounts (HISA) out there (pun intended). Perfect for those who like hassle-free / no frills. I stumbled upon…
-
What choices do we have with the impending OPR cut… again?
Analysts expect Bank Negara Malaysia to further cut the OPR rate before the year ends. Even RAM, a credit rating agency in Malaysia, expects the same. In my previous post I have highlighted…
-
Budget begins by distinguishing needs vs wants
“I don’t have enough to save” “My living expenses are too high” “I don’t earn enough to cover my living expenses” All too often I’ve heard or seen people complain about their circumstances…
-
Savings strategy I use which is perfect for the not so disciplined
Savings is the first step to accumulating wealth. If one can’t save, one will find him/herself hard to breathe and there definitely won’t be sufficient for emergency uses (e.g. repairs) or even investments…
-
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…
-
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…
-
Looking into StashAway Simple (Malaysia)
At the time of writing this post, StashAway Malaysia had just launched a new product and I was notified via an email with the heading: Introducing StashAway Simpleโข, a better way to grow…