Tag: youth financial literacy
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I Mistakenly Transfered RM14K of Inheritance Money from My Mom
This is a personal story, so it could get emotional for me. When Liya uruskan pusaka Mak, I mistakenly transfered about RM14K to some one else account, read on to know the full story… Before Liya start, to me the best is still prepare wisoyyah semasa masih hidup eventhough kita dah decide nak follow je…
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Switching Payment Methods Like a Pro on AIA+ App
Need to change your payment method? No problem! Just hop onto the AIA+ app and follow the steps to update your details. A few taps, a quick confirmation, and boom—your new payment method is locked in. Just read on until the end and let me show you how. But hey, before you proceed—quick question. Need…
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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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How I Started Investing in Unit Trust and How It Saved My Family
I started investing in unit trust when I was fresh out of university and just stepping into the working world, about 20 years ago. Back then, it wasn’t a consistent habit – more like whenever I had some extra cash lying around. Why? Because I had to juggle between two priorities: saving for emergencies and…
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How My Client Secured Her Family’s Home Without Conditional Hibah
Let me share a story about a client who wanted to ensure her family home stayed with her loved ones without financial complications. Passing on property isn’t always straightforward, especially when faraid and housing loans come into play. Why She Doesn’t Choose The Conditional Hibah Route At first, she considered a conditional hibah for…
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Takaful as a Tool to Relieve the Debts of the Deceased
Takaful: A Practical Solution for Settling Debts After Death When someone passes away, any outstanding debts they leave behind must be paid using their assets, even if it means using up everything. This ensures their obligations are fulfilled before the remaining wealth, if any, is distributed to their heirs. However, if the deceased leaves no…
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