MONEY MOVES MALAYSIA

❓ Question: If you already have Life, Critical Illness (CI) and Health Insurances (LIVE), do you still need a Personal Accident (PA) policy? Isn’t LIVE enough? You can also watch it here, to know the answer: 👇  ✅ Answer: That’s a great question — and one that reveals a common misunderstanding about insurance coverage. While LIVE (Life, Critical Illness, and Health Insurance) plans are crucial for comprehensive protection, they do not cover all accidental outcomes  — especially partial disabilities or injuries . This is exactly where a Personal Accident (PA) plan becomes essential. Let’s explore why: 🔍 1. PA Covers What LIVE Doesn’t: PA insurance offers specific payouts for accidental injuries and losses , many of which would not be claimable under traditional LIVE policies. For example, loss of sight in one eye due to an accident is payable under a PA policy . But under life insurance, the Total Permanent Disability (TPD) benefit only pays if there is perman...

THE SWEET LIE OF PROPERTY INVESTMENT! Are You Digging Your Own Financial Grave? Owning a property is a dream for many young individuals who aspire to have a place to call home—a space to live with their family and enjoy a fulfilling lifestyle. However, this highly sought-after dream has often led people into the shadows of financial instability, creating a significant strain on their finances. Many fail to recognize the damage their costly dream inflicts on their portfolio. They continue to live in a state of denial, perceiving the house they reside in as an asset and a worthwhile investment. The belief that 'the bigger, the better' is widespread, with some taking pride in the idea that their lifetime earnings are justified by owning their dream home. When Dreams Become Burden However, some dreams are better left as dreams. The desire to own a home often overshadows the practical realities of financial responsibility. While it may symbolize success and stability, blindly pursui...

How to Grow Your Income and Build a Business in 2025 You can create your own website using just your phone, in under 10 minutes Breaking Barriers: Growing Beyond Savings with Business Ideas for 2025 Reducing expenses is a critical step in achieving financial stability, but it has its limits. At some point, there’s only so much you can cut back on before savings plateau. To truly grow your wealth, your income must increase, and that requires change. As the saying goes, you can’t expect different results by doing the same thing. In line with this, we’ve outlined 25 innovative business ideas for 2025 in Malaysia that require little to no capital  or watch it in YouTube below: While these ideas present exciting opportunities, it’s important to note that starting a business comes with no guarantees of success. In fact, many startups fail miserably.   Why Startups Fail   One of the main reasons new businesses struggle is a lack of effective marketing. Even if your product or se...

Simple Steps To Never Worry About Money Again: Your Essential Financial Guide in Malaysia You can watch it in YouTube video, the summary of the blog in the form of conversation, where the audio is created using Google’s NotebookLM instead of reading the blog: Blog Starts Here: Worrying about money is a common stressor, and in Malaysia's current economic climate, it's understandable to feel anxious about finances. However, achieving financial peace of mind isn't about magically acquiring a fortune overnight. It's about building sustainable habits and making smart decisions with your ringgit. This guide outlines simple yet powerful steps you can take to gain control of your finances and build a secure financial future in Malaysia. 1. Spend Less Than You Earn: The Foundation of Financial Freedom This might seem obvious, but it’s the cornerstone of sound financial management. If you consistently spend more than you bring in, you'll perpetually be in a financial hole. He...