MONEY MOVES MALAYSIA

Scam-Proof Your Finances: Essential Tips to Avoid Getting Tricked Scammer 1. Introduction    - Why scams are on the rise in Malaysia      - Shocking statistics on financial fraud      - Why everyone is a potential target   2. Common Types of Scams in Malaysia      - Online shopping scams      - Investment and Ponzi schemes      - Phishing and bank impersonation scams      - Love and romance scams      - Job offer and work-from-home scams      - Fake charity and donation scams   3. How to Identify a Scam: Key Red Flags      - Too-good-to-be-true offers      - High-pressure tactics and urgency      - Requests for upfront payment or personal information      - Unverified sources and suspicious links   4. Real-Life ...

How Insurance Can Mislead You Into Expecting Financial Returns You May Never Get You can watch it in the YouTube video below to get the info being shared in this blog: Is Insurance an Investment? The Truth You Need to Know Insurance is a crucial financial tool, but is it an investment? The short answer—No, it’s not! However, many people believe otherwise due to how some policies are marketed. In this article, we’ll break down why insurance is not an investment, examine different insurance plans, and discuss whether Investment-Linked Plans (ILPs) are truly beneficial. Understanding Insurance: Protection, Not Profit Insurance is designed to manage risk, not to grow wealth. When you purchase an insurance policy, you pay a premium, and in return, the insurance company promises financial coverage in case of an accident, illness, or death. Insurance is meant to serve as a financial safety net. If you don’t make a claim, that’s actually a good thing—it means nothing bad happened. However, if ...

Make RM5000/Month in Passive Income – Here’s How! Have you ever wondered what it would be like to earn money while you sleep? Imagine having an income stream that continues to generate cash without you having to go work and earn it. That’s the power of passive income!  If you're new to passive income , I highly recommend watching my YouTube video explaining what passive income is and why it’s important before diving into this guide. You can watch it here: What is Passive Income and Why It’s Important 👉 Have you watched the video? If so, you now understand why passive income is not just an option, but a necessity.    Many of us enjoy what we do, but the reality is that we won’t always be able to work. As we age, our strength and ability to earn an income may decline. Rapid advancements in technology, like Artificial Intelligence (AI), could make certain jobs obsolete. Unexpected events such as job loss, economic downturns, or disability could also cut off our main sourc...