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 ...

Protecting Your Retirement Against Inflation in Malaysia’s Economy The effect of inflation to retirement fund In Malaysia, many people are waking up to a harsh reality: inflation is eating away at their retirement savings , leaving them with much less than they had anticipated. What many don't realize, however, is that this problem has deeper roots—roots that stem from a lack of financial education and poor decision-making . For years, the Employees Provident Fund (EPF) has been the cornerstone of retirement savings for Malaysians, but in the face of inflation, the value of money saved in EPF has significantly diminished, making it less effective in securing a comfortable retirement. This issue is compounded by inflation , which not only erodes the purchasing power of money but also contributes to the rising costs of living. Together, they form a perfect storm, leaving many Malaysians vulnerable to a retirement disaster. How to beat inflation in Malaysia The content of this blog i...

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...

Are You Planning to Buy Your First House in 2025? Here's How You Can Save Big! Here’s a YouTube video created based on this blog. Watch it for a simpler and clearer understanding! Summary: This blog post details Malaysian government incentives for first-time homebuyers in 2025. Two key programs are highlighted: the Skim Jaminan Kredit Perumahan (SJKP) , a loan guarantee scheme for those with irregular incomes, and tax relief for the interest portion of home loans, up to RM7,000 annually depending on the property price. The post explains the eligibility criteria and application processes for each incentive, emphasizing the government's commitment to affordable and accessible housing. Finally, the post provides practical next steps for readers interested in utilizing these programs. Applying loan for first home Are you planning to buy your first house in 2025? Congratulations! Owning your first home is a major milestone. While it might feel overwhelming at times, Malaysia’s 2025 ...