Tag: financial literacy
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The Harsh Truth: What Happens When You Can’t Work Anymore?
Imagine this. One day, you lose your ability to work—not because you want to, but because of total and permanent disability or a critical illness. What happens then? The company you gave your blood, sweat, and tears for? They won’t be around for long. It’s not personal; it’s just how things work. And your commitments?…
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Want to Create a RM1 Million Legacy for Your Children?
I had a conversation with a client who has two kids. He told me he had already set aside RM1 million for each of them. That’s RM2 million in total! While that’s a solid plan, I asked him, “Why not put aside just a portion of that money and let Takaful do the heavy lifting?”…
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So, how do I open a Private Retirement Scheme account?
So, you’ve read Part 1 and Part 2 of my Private Retirement Scheme series, and now you’re ready to start. What’s next? First things first—head over to ppa.my for self-registration. Isn’t it great that we can do this online now?” 1. You’ll then be directed to this page. Enter your name, email, and mobile number.…
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Asb Dividend Calculation
ASB (Direct Investment) The dividend for Amanah Saham Bumiputera (ASB) is calculated monthly on a prorated basis based on the minimum or available balance in the account. When I asked the bank officer (when doing top up over the counter), this is what I was told. 1. Minimum Monthly Balance: • ASB calculates the dividend…
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Attention Content Creators: Unpaid Collabs Could Be Costlier Than You Think!
Recently, I came across an unpaid collaboration offering only food vouchers. But here’s the catch: they required a TIN (Taxpayer Identification Number) for e-invoicing. This raised a red flag. Could this mean even unpaid collaborations—where we receive products or vouchers—are taxable? The answer isn’t great news for us creators. In Malaysia, any benefit received…
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Are Unit Trusts Suitable for Emergency Funds? Let’s Break It Down.
Yesterday, I met a friend who’s going through a rough patch in her career – her future feels uncertain, and she’s understandably stressed. During our chat, she shared how a unit trust agent approached her at the café she is currently working at. The agent, initially pretending to need her mobile number for venue bookings,…
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Aliyawanders 