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The latest and the best financial news, tips and tricks.

CompareHero.my Launches New Vertical – Serving Malaysians the Hero They Need

FOR IMMEDIATE RELEASE CompareHero.my Launches New Vertical – Serving Malaysians the Hero They Need “MamakHero” prototype homepage design KUALA LUMPUR, APRIL 1, 2019 – CompareHero.my, Malaysia’s go-to website for finding, comparing, and applying financial products, has been seeing tremendous growth in the last quarter. Driven by its strong front in the credit cards and personal […]

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7 Common Things Malaysians Don’t Realise Are a Waste of Money

We have all made impulse purchases at some point. If we learn to control impulse spending, we would have much more cash to spend on the things that we actually need. Below are habitual, money-wasting purchases that Malaysians should stop making.

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BelanjawanKu – A Guide For A Better Budget

Having troubles managing your budgets? Now we finally have a guide courtesy of the Ministry of Finance and Employee Provident Fund(EPF).  The finance ministry has launched the BelanjawanKu guide which is an initiative by EPF. BelanjawanKu is a reference budget for Malaysians that includes expenditure required by individuals and families to lead dignified lives with active […]

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How To Share Expenses Fairly As A Couple [INFOGRAPHIC]

  When we are in love we share almost everything right? Food, car and even clothes (Shirts and sweaters etc. Don’t get any ideas). But do we share expenses too? if you do, kudos! but if you don’t. then you might want to read on to see how it can ease your financial burdens. Here […]

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Free insurance coverage for B40 from Jan 1

Courtesy of The Malaysian Reserve Beginning  1st January 2019, the Government will offer a free insurance scheme worth RM2 billion to individuals between the ages of 18 to 55 within the 4.1 million B40 households. This scheme will provide medical coverage for 5 years to the targeted recipients. Finance Minister Lim Guan Eng said that the Government will be […]

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Malaysia’s Personal Finance Roundup 2018

2018 is coming to an end, paving the way for 2019. It will be the start of a new year under a new ruling government, and a 2019 Budget that is quite different from before. What has happened this year for Malaysia, and what is to come? In last year’s Malaysia personal finance roundup, we […]

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Common Money Mistakes People Made in 2018

  “Pokai lah,” (broke) or “duit dah kering” (no more money). Familiar with those phrases? Chances are, you have used it yourself, or have heard your friends or family using it. Read on to find out the common money mistakes Malaysians made in 2018. 

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PTPTN PGB – What’s That? Loan Repayment, That’s What.

PTPTN borrowers will soon have to repay their loans in specific amounts depending on their monthly income by automatic deduction – whether they like it or not.

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2019年财政预算案: 马来西亚收入不平等的现象

收入不平等,收入差距虽然用词不同,但是都是指同一件事,那就是有些人赚的钱比别人多。这对于大众来说是个敏感话题,毕竟牵涉到一个人的薪水。但是薪水的差异有什么影响?

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Malaysia Broadband Plans: Latest Prices For Maxis, Unifi & Streamyx

The Mandatory Standard on Access Pricing has reduced internet prices (both broadband and mobile). Some existing plans were given higher speeds or larger quotas. Find the latest home broadband internet prices from major providers in Malaysia here.

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Budget 2019: New Taxes for Malaysia

Budget 2019 was expected to be a burden with the introduction of the new taxes, plus the pre-budget warnings that it will be the most difficult budget ever. The new taxes include a soda tax, digital tax, as well as a departure levy – to name a few. Click to read about all the taxes […]

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The T20, M40 And B40 Income Classifications in Malaysia

 Updated: 7 November 2018 Malaysians are categorised into three different income groups: Top 20% (T20), Middle 40% (M40), and Bottom 40% (B40). Over the years, the bar for each group’s income level has increased and this is one of the indicators of economic growth. Here’s the latest definition for T20, M40 and B40 based […]

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The B40 Budget – Fair and Just?

So the most anticipated Malaysia Budget 2019 has just been tabled. There have been many reactions to this somewhat interesting budget presentation by our Finance Minister, YB Lim Guan Eng on November 2nd 2018. There are many ways to analyse this budget but i guess the most glaring aspect of this budget is that it’s […]

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Budget 2019: How Income Inequality in Malaysia can Affect You

Updated: 31 October 2018 Income inequality, income gap, income disparity, these are all different words that refer to one simple thing – some people make more money than others. This is a sensitive issue to discuss within society because it involves a person’s salary. But how does the difference in salary matter?

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Price Controlled Items This Deepavali

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.

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Do you buy a House or Car first? [RESULTS]

That’s a question most Malaysians ask when they’re financially-able to consider these “big” items. We put out the survey a few weeks back asking our readers what they would buy first and thought we’d share the results. Before you click to read, which do you think it’ll be? House or car first?

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Do you buy a House or a Car first? [SURVEY]

Update: Read the results here: Do you buy a House or Car first? [RESULTS] Call it the “coming of age” or the “they’ve all grown up” phase from the parents, but at some point, in your working life, a mostly unavoidable question will appear: “To buy a house or buy a car first?” To buy a […]

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It’s Good To Be A Selangorian!

Cozy neighborhood, amenities within a stone’s throw are just two things to describe Selangor. What if I told your there’s 13 more! Lets dive straight into some of the perks being a Selangorian.

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OPR Increase: What Does This Mean For Malaysians? [UPDATED]

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. 

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Understanding Living Wage in Malaysia

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 […]

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