The latest and the best financial news, tips and tricks.
Life is easy when you go online or use an app to book all your travel and transportation needs. Flights to different countries, electric trains between cities, taxis or ride sharing vehicles for short distances. Adding to that ease, is an app that lets you rent a car at your fingertips. And let us tell […]
Everytime you’ve applied for a financial product, you may have heard the terms CCRIS or CTOS thrown around, more so when you apply for loans. And if you’ve never quite understood what those terms mean or don’t know the difference between the two, we’ve simplified it for you here and listed why they are so […]
Always wondered what is the difference between Takaful and Life Insurance? Although both offers the same purpose which is to protect the insurer, there are some major differences between both. Takaful is a relatively new insurance product that is marketed as an Islamic alternative to conventional insurance and is often referred to as “Islamic” Insurance. […]
With the uncertain economic situation, ensuring that you and your loved ones will be financially covered should any unwanted circumstances happen is crucial. Well, in a nutshell, Life insurance is an insurance that covers the risk of life and pays out an assured sum on the happening of the specified event. Health insurance refers to a […]
Almost exactly a year ago, the #Bajet2018 was tabled by the government. In light of the upcoming National 2019 Budget, we’re revisiting last year’s budget to understand what were the major announcements in the past. One big thing that will be missing is of course the GST, which has since been replaced with SST.
[Updated on 29th July 2018] Do you need a driving license in Malaysia? Before you signup with a driving school, this article will help you understand the types of driving licenses in Malaysia and the various fees that are involved.
Updated 30 June 2018. So you’re ready to hit the Malaysian roads. Here are some easy steps to take when obtaining a drivers licence in Malaysia. Just like any other services, the cost to obtain a drivers licence has increased as compared to 10 or 20 years ago. For instance back in the early 2000s, […]
Peer-to-peer investing could be THE new year financial resolution that will give your investment portfolio a boost and deliver quick returns, without the need to go on a financial crash diet. Intrigued? We break it down for you here.
*Updated on 19th Dec 2017 Did you know that Malaysians are the most vulnerable to internet scams according to a survey by Telenor Group?
It does seem that Malaysia is moving towards becoming a cashless society by 2050. Despite being 32 years away from that year, we are already witnessing the mushrooming of digital payment platforms in Malaysia.
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, and a verifiable credit history. It is designed to enable them to start a small business (microenterprise).
Peer-to-Peer Lending (P2P) is slowly growing in Malaysia as an alternative investment option and funding platform for investors and businesses alike. We’re not quite at the level as China is – it’s the largest market for P2P in the world with over 1,000 marketplace lenders – but over time P2P in Malaysia aims to address […]
What is A Rewards Credit Card? A rewards credit card allows you to accumulate reward points with every purchase which you can then redeem for merchandise, vouchers, services or air miles. The redemption rate for reward points differs according to banks. In short, you save money in the form of reward points.
Are you behind with your loan repayments? If you are worried about your safety and your rights when a debt collector hounds you for your repayments, read on. Who are Debt Collectors? Debt collectors, or debt collecting agencies, are usually hired by banks, telecommunication companies and utility companies. Essentially, they provide debt recovery services to […]
Life insurance is a form of risk management for all individuals. It protects you and your family against unforeseen circumstances that may put your health and your life in jeopardy. With life insurance, you are covered financially and can feel comforted knowing that your family will be taken care of as well, based on the […]
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).
If you are looking to increase your car insurance cover, you can choose to get a car insurance add-on. Car insurance add-ons in Malaysia extend your basic car insurance to provide cover against additional risks, such as windshield damage or theft of accessories. In Malaysia, there are a few different car insurance add-ons that you […]
Have you ever been in a car accident? Roadside collisions are a common occurrence in Malaysia, especially in the more crowded areas, such as Klang Valley. In 2016, Malaysia recorded a total of 521,466 car accidents, which was an increase from the year before when the total amount of car accidents stood at 489,606. The […]