MONEY MOVES MALAYSIA

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...

The Million-Ringgit Myth: Why 'Living Below Your Means' Could Be Keeping You Poor! Introduction Let me ask you something: When was the last time you felt truly financially secure? 'Live below your means' — a phrase often hailed as the cornerstone of financial wisdom. But is this advice genuinely helpful, or does it serve as a mechanism to keep the rich richer and the poor trapped in a cycle of struggle? While many praise its practicality, some argue it distracts from systemic inequalities and hinders financial growth.  Imagine this: you wake up, go to work, stay late, come home exhausted, watch some TV, and go to bed — only to wake up the next day and do it all over again. If the routine stops, so does your income.   You barely have savings, your living expenses feel overwhelming, your salary doesn’t seem enough, and you're juggling credit card debt. Maybe you’ve taken out a student loan, believing education would lead to financial freedom, but instead, you’re stuck...

5 WAYS TO BEAT INFLATION IN MALAYSIA Welcome to our guide on beating inflation in Malaysia Inspired by our previous blog, Protecting Your Retirement Against Inflation in Malaysia's Economy , this post dives deeper into practical, everyday strategies to keep your finances in check amidst rising costs. Whether you’re a seasoned planner or someone with absolutely no financial background, we’ve outlined simple, effective tips that anyone can adopt to safeguard their money and stay ahead of inflation. Let’s explore how you can take control of your finances and secure your future in an ever-changing economy! You can also watch it in YouTube video the content of this blog at: But before we talk about those ways, let’s first understand what we mean by beating inflation. Beating inflation means finding ways to ensure that your money doesn’t lose its value over time. It’s about being proactive, making smarter financial decisions and staying ahead of rising costs. Now, let’s take a step back ...

2025 Rising Cost of Medical Insurance: What Every Malaysian Should Know Looking into revising medical insurance Table of Contents 1. Introduction    - Overview of the upcoming medical insurance changes      - Why this topic matters to Malaysians   2. What Is Driving the Premium Hike in 2025?    - Understanding medical inflation      - The impact of high claim ratios on insurance costs   3. How Will These Changes Affect Malaysians?    - Increased premiums: What to expect      - Implications for families, individuals, and businesses   4. The Debate Around Medical Premium Hikes    - Key arguments from industry experts      - Public concerns shared on social media and in the news   5. Government and Industry Responses       - Are there any measures to mitigate the impact?      - The role of the...

Debt: A Tool for the Rich, a Trap for the Poor? Debt: A tool for the rich Introduction We've all heard the saying, ‘Debt is bad’. But is it always true? While it's often demonized, debt can be a powerful tool when used wisely. In fact, many wealthy individuals leverage debt to accelerate their wealth accumulation. So, why does it seem like debt is a trap for the poor? Let's dive into the nuances of debt and how it can be used to your advantage. Leverage: The Power of Other People's Money One of the most powerful tools used by the wealthy is leverage. Simply put, leverage is the use of borrowed money to increase potential returns. Imagine you want to buy a house worth RM500,000. Instead of saving up the entire amount, you could take out a mortgage of RM400,000 and use your own savings of RM100,000 as a down payment. If the property value appreciates by 10% over the next year, you'll gain RM50,000. But since you only invested RM100,000 of your own money, your return o...