Contrary to what the traditional media has fed you, it’s not about how much you’re making, rather, it’s about how you manage it. And how you manage your money eventually turns into a habit. In simple words, if you find yourself with no savings and spending more than you earn, it is more than likely […]

Having savings as a financial buffer for yourself is a crucial part of personal finance. It is the first and easiest step towards building your wealth before going into other personal finance components that are more complex such as investing, property (asset) management and building your own business (income). For many millennials out there who […]

None of us has the power to predict the future. So, for peace of mind, and to ensure your family and loved ones will get what is rightfully theirs, here is a guide to help you identify what you should know about will writing and surat wasiat in Malaysia. What is a will and why […]

A financially-secure retirement doesn’t just happen. It takes a whole lot of planning and commitment and, obviously, money. Regardless of your age, planning for retirement is a significant part of your financial journey. True enough, for most of us, retirement is the main reason why we start saving in the first place because when you […]

Despite rising unemployment, the economic slowdown, and the pandemic still in full force, contributors of the Employees Provident Fund (EPF) and Lembaga Tabung Haji (TH), the pilgrims fund board, can remain optimistic this year after both organisations recently announced their dividends and profit distributions for the year ending 2020. The EPF has announced rates of […]

This article was first published on January 2017 and has been edited and updated for accuracy and clarity. Do you know the rights you have over the retirement money you save in your EPF account? CompareHero.my spoke to Puan Balqais Yusoff, Head of Strategy Management Department in EPF to help answer some of the common […]

If you have lost your job or experienced a loss in income due to the COVID-19 pandemic, you might want to consider applying for the EPF i-Sinar programme to support your finances. Here’s a quick guide to help you better understand the i-Sinar facility. Many Malaysians have experienced job losses, salary cuts and forced unpaid […]

If you’re facing financial hardships due to the COVID-19 pandemic and in need of extra cash to pay the bills, you might want to consider withdrawing your money from EPF under the i-Sinar facility. Read this article to find out the pros and cons of withdrawing money from your EPF account. If you have been […]

Through the Employees Provident Fund’s (EPF) i-Sinar facility, members can withdraw up to RM60,000 from their Account 1. Category 1 members have been able to submit their applications since Dec 1, 2020, while members under Category 2 can start applying today. Here’s a quick step-by-step application guide. Need extra cash to cover your living expenses […]

Tahukah anda ramai rakyat Malaysia meminjam wang dari membuat simpanan? Ketahui jenis simpanan yang anda perlu ada dan kepentingannya.

Ongoing arguments about the rising cost of living, stagnant wage growth, unhealthy levels of debt per household, and unemployment issues continue to heat Malaysians up on daily basis. However, it seems that we are still not shaken by the fact that the majority of Malaysians are not financially prepared to survive once our main income […]