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 ...

An insurance cum investment product can be valuable for insurance coverage but not as an investment! You can watch it in YouTube video, the summary of the blog in the form of conversation (podcast) where the audio is created using Google’s NotebookLM instead of reading the blog: Blog starts here: Exploring  financial planning , I often think about a common mistake. Many believe insurance-cum- investment  products are the key to financial success. These products, called ‘two-in-one’ solutions, aim to cover both insurance and  investment  needs. However, they might not serve either purpose well. Let's look into these bundled products and why choosing separate insurance and  investment  might be smarter. Key Takeaways Insurance-cum-investment products like  ULIPs  and  Endowment Plans  may not be the optimal choice for both insurance coverage and  investment returns . The purpose of  life insurance  is to provide financial pr...

3 Guaranteed Financial Habits Anyone Can Start for a Wealthier Life! 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: Achieving financial success often seems complicated, but in reality, it’s rooted in simple habits that anyone can adopt. Regardless of your current financial situation or background, there are a few fundamental practices that can set you on the path to financial security. You don’t need special skills or a large income to get started—what matters is consistency and discipline. Here are three financial habits you can begin today to improve your financial future: 1. Save More by Spending Less: Adopt Frugality Frugality isn’t about depriving yourself of things you enjoy—it’s about making smarter spending decisions so that you can save more and live within your means. By cutting down on unnecessary expenses, you create extra room in your...