The latest and the best financial news, tips and tricks.
As we head into the next quarter of 2018, how well are you doing with your financial resolutions? If you’re like the majority of young Malaysians who are living with high levels of debt, one of your financial resolutions is to clear your debt and make progress towards the overarching goal of financial freedom.
Carrying a large burden with a lot of debt and worried that you may be unable to pay it off? Or are you looking to secure a new loan? AKPK can help you manage all of your debts and, offer you financial advice for free! Find out more about their services below.
There have been many discussions about the rapid increase in cost for wedding these days. Yet, not many people talk about, or are even aware of, how much a divorce would cost them. Keep yourself informed by reading on.
The term ‘debt’ is mostly associated with negativity. However, like many things in life, there’s always a good side. While some loans are usually detrimental to your financial standing from the get go (such as overspending on shopping and travelling expenses, etc.) there is another end o f the spectrum with ‘good’ loans that actually […]
On the surface, Game of Thrones appears to be nothing more than a violence-packed medieval fantasy. But one slash from a Valyrian steel sword soon reveals that the series carries some heavy financial lessons. Yes, between all the scheming and slaughter, financial planning and money management lessons from the houses and characters is something that […]
Got goals in mind but no money to finance your plans? Planning for your wedding, repairing your home sweet home or simply looking to go on a fancier vacation this year? No matter the goal, funds are surely something you’ll need to realise your dreams. A personal loan may just be the answer. While it […]
Updated 31 March 2019 Credit History? Credit Report? Credit Score? What does it all mean? A credit history is a record of the credit accounts you hold along with details about those accounts including: the type of account, your responsibility on the account (e.g. whether you were a joint borrower), the credit limit or amount […]
Angpow money, one of the Chinese New Year “benefits”. Unfortunately, our angpow hauls shrink the older we become. RM100 just seems a lot less these days. But it doesn’t matter how much you get, why not spend it in a way that helps you save more money in the long run? Now that sounds like a good deal to […]
You can tell that Chinese New Year is just around the corner when the shopping malls have put up their decorations and your colleagues are eagerly talking about going back to their hometowns. Save money this CNY with our tips!
A new year is upon us, along with opportunities and new beginnings! It is the perfect time to make big changes in your financial habits too. Because no matter how much you make from your job, some tweaks in how you handle your money can go a long way to improving your finances.
We all have different financing needs at different times of our life. There are times when we need cash for urgent needs, whereas at other times we may wish to clear our existing debts or to fund other financing needs.
What is a ‘debt service ratio’? If you have ever applied for a car, home or personal loan, you will probably have heard the phrase ‘debt service ratio’ from the bank’s loan officers whilst they explain to you how the loan works.
If you’re about to graduate or have recently graduated, first of all – congratulations! Before you begin living payslip to payslip, here is some financial advice for all fresh graduates and entry-level executives at their first job.
Updated: 4th September 2018 Falling into credit card debt is dangerously easy. Especially when you don’t compare credit cards and check which ones have the lowest annual percentage rates (APR), cashback rates or even the best petrol-related promos.
Updated 11 July 2018. The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM), at a meeting today, decided to maintain the Overnight Policy Rate (OPR) at 3.25 percent.
We are sure you have heard of the term ‘net worth’ at least once, especially when Forbes magazine announces their Richest List disclosing net worth of the world’s billionaires. The interesting thing is, regular people like you and I have net worth too! And you should know your net worth as it’s a snapshot of your financial […]
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 […]