The latest and the best financial news, tips and tricks.
Every year during Deepavali, many Hindus splurge on so many things, clothes, food, fireworks, furniture and the lists goes on. It’s about time we rethink how we spend. To help us do that, here’s a list of 16 items under price control.
Source: The Star Tax-paying individuals and companies with outstanding income tax refunds in the past 6 years will be able to offset the amount for the taxes payable in the current year. There’s a whooping total of RM16.046 billion of unrefunded income tax and real property gains tax! The current MoF (Ministry of Finance) has […]
KUALA LUMPUR, July 11 — According to the Ministry of Finance, the crowd fund has received RM144,636,944.31 as of 3pm today. Since its launch on 30th May 2018, Malaysians have been actively donating to the Tabung Harapan Malaysia (THM) fund in major efforts to help settle the national debt. In just under one month, the fund […]
Let’s get the facts straight; Malaysia has financial obligations amounting to RM1.087 trillion ringgit, as at December 31, 2017. This includes Federal Government Debt, Government Guarantees, and lease payments for Public Private Partnership (PPP) projects such as construction of schools, hostels, rental, maintenance of roads, police stations, hospitals, etc. The official Federal Government Debt of RM686.8 billion equates […]
Bank Negara Malaysia (BNM) recently introduced the concept of “Living Wage” and it created quite a bit of confusion. It really is guide on what is acceptable as minimum living standards, it is not a minimum wage indicator nor a benchmark to assess poverty. Here we’ll explain what a “Living Wage” is and how it impacts […]
The first thing that should be noted is that in Malaysia and most other countries there are different ways that expats are classified based on the time they worked in the country.
Updated May 1, 2018 As the first deadline to file your income tax has just passed, you may be wondering what could happen if you file your taxes late?
It’s tax filing season again! Do you know how to file your personal income tax? Is this your first time or are you one of those who forgets the details (as this only happens once a year). That is why we have made a quick guide to file your income tax 2018. Related: [LIVE] Budget 2019 Malaysia […]
Di Malaysia, selain BR1M atau Bantuan Rakyat 1 Malaysia untuk membantu golongan yang berkelayakan, terdapat banyak subsidi dan bantuan kerajaan di Malaysia yang mungkin anda tidak ketahui.
After the Budget 2018 announcement, we spoke to several experts in the personal finance industry for their opinions. Throughout the article, we will highlight some of the policies and arguments made by the experts towards the effectiveness and efficiency of the policies.
Prime Minister Datuk Seri Najib Abdul Razak will be tabling the 2018 Budget later this month on Friday, 27 October 2017. There has been much speculation about what will be put forward but let’s take a look at some of the more common requests from the rakyat. How do we keep up with the rising […]
Ramai antara kita yang tahu akan kepentingan untuk pengurusan kewangan peribadi dan merekodkan semua perbelanjaan, namun realitinya tidak ramai yang melakukannya. Bagaimana untuk bermula?
Following our recent article: (Are Millennial Financially Screwed?), we were featured on TraXX FM and were really glad the radio station was focused on this issue as many millennials seem to be losing control of their finances.
Aside from BR1M, or Bantuan Rakyat 1 Malaysia to ease the burden of Malaysia’s low-income households, there are many other government aids and subsidies that you may not be aware of. Here are 6 other government aids and subsidies to help ease your burden during the turbulent economy.
Updated: 30 June 2017 Inspired by my colleague and senior writer, Shen, who successfully completed his 30 Days Budget Hero Challenge on RM700, I’m now embarking on a challenge of my own. The challenge? To complete the month of Ramadhan on RM1,000 and this includes preparations for Hari Raya this year. The Inspiration Behind the […]
Following the comparison article of The Cost Of Living Battle: Kuala Lumpur Vs. Penang, CompareHero.my decided to take up another comparison between our capital city and Johor, the nearest state to the developed and neighboring economy, Singapore. Johor Bahru was listed as one of the top ten most affordable cities for people to work in […]
Kuala Lumpur is the cheapest city to live in within Southeast Asia, according to the latest findings by The Economist Intelligence Unit. But have you ever wondered how the cost of living in the capital city, Kuala Lumpur compares to the rest of the cities in our country?
This will be the third part of our ongoing series on personal financial statements. The topic this time is your personal cash flow statement. If you’ve read our previous entries on making a personal income statement and creating a personal balance sheet, you already have a good system in place to keep you financially healthy. […]