- A Guide To The Private Retirement Scheme (PRS)
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 […]Read More
- Ramadan 2021: How To Celebrate Ramadan During A Pandemic
It’s that time of the year again where approximately 1.9 billion Muslims or 26% of the world’s population will be fasting for a month starting today. Healthy adult Muslims will abstain from food, drink and other impermissible or immoral acts such as smoking from fast from dawn until dusk. In a multiracial country like Malaysia, […]Read More
- Waqf As A Socially Responsible Instrument: Is It For You?
Though financial returns and social considerations have not always gone hand in hand, the trend seems to be diverting the other way in recent years towards Socially Responsible Investments (SRI)—businesses that produce measurable, positive social and environmental impact alongside a financial return. Essentially, a socially responsible instrument is suitable for investors who want to produce […]Read More
- 3 Ways The Standard Chartered JustOne Platinum Mastercard Helps You Save Money
There’s a common misconception that paying in cash, as opposed to via a credit card, is always apparently the savvier, wiser, safer and better way. But is it really? Though not paying your credit card debt on time will definitely cause you to be saddled with debt, the real issue with credit cards are not […]Read More
- 4 Reasons Why Your Business Should Have a Business Bank Account
If you are a business owner, you may or may not already have a business bank account. But is it necessary to get a bank account for your business? Here’s our analysis on why it may be a good idea to get a business bank account. When you’re a budding entrepreneur, starting your own business […]Read More
- Personal Banking vs Business Banking: Do I Need Separate Accounts?
Not all types of businesses may necessarily warrant a business bank account—maybe you are just a freelance writer or a freelance graphic designer who works on projects on a part-time basis. For these folks, the belief is that as long as you can handle the current volume of transactions of your personal and business expenses, […]Read More
- What Are The Cons Of Investing In REITs In Malaysia?
Having a Real Estate Investment Trust (REIT) in your portfolio is an attractive alternative investment option as it’s a great way to receive a steady stream of cash in the form of both capital gains and dividends. We’ve outlined this point in the first part of our two-part REIT series. What is REIT? REIT is […]Read More
- #InvestInsights – What Are The Advantages of Investing In REITs?
CompareHero.my spoke to Dr Zaemah Zainuddin, an associate professor from Universiti Utara Malaysia and a Malaysian Financial Planning Council certified trainer, to get a better understanding of the advantages and disadvantages of investing in REITs. Real Estate Investment Trust (REIT) is an investment vehicle that pools a group of investors’ money together in a collective […]Read More
- IWD 2021: Women And Their Relationship With Money
On International Women’s Day, CompareHero spoke to several women from different backgrounds to get a better sense of their attitude towards money and finance. In politics, the workplace, education and business, women are making strides, shattering glass ceilings, and changing attitudes about gender differences and equality. They have left their mark on all fronts. Globally, […]Read More
- MCO On Selangor, KL, Johor And Penang To Be Lifted On Friday
Senior Minister for Security Ismail Sabri Yaakob announced Tuesday in a televised press conference that the Movement Control Order (MCO), which was to expire on March 4 will be lifted in Selangor, Kuala Lumpur, Johor and Penang and replaced with the Conditional Movement Control Order (CMCO) or PKPB starting this Friday (March 5) until March […]Read More
- Dividend And Profit Announced For Both EPF And Tabung Haji Amid Economic Gloom
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 […]Read More
- Should You Pay Off Your Loans Early? Here Are The Pros And Cons
The idea of being debt-free early in life is tempting because nobody wants to be tangled in debt in the long run, especially for high-interest debt. Maybe you have a stash of extra cash that you can use or you just got a nice bump to your salary—should you pay off your loans early, as […]Read More
- #PropertyHacks – Here’s Everything You Need To Know About Down Payments
Even if you don’t plan to buy a house in the next couple of years, it wouldn’t be a bad idea to start thinking about saving for a down payment. After all, most people will want to own a house at some point—and unlike saving for retirement, where the funds would be untouched for years, […]Read More
- What Is Clubhouse? Here’s How You Can Use The Hottest New App To Grow Your Business And Brand
Clubhouse is the hottest new social media app on the market. Like its namesake, this exclusive invite-only clubhouse has all the trappings of an actual clubhouse—the ultra-elite such as CEOs, musicians and celebrities are lining up to join in on the fun, and it has faced its fair share of controversies in just a short […]Read More
- #CNY2021 – Guide On How To Celebrate Chinese New Year During The COVID-19 Pandemic
Here’s everything you need to know about Chinese New Year 2021, including the top preparation tips and key SOPs. Happy Chinese New Year from CompareHero.my! Chinese New Year will be visibly different and quiet this year — a common sight for Malaysians during festive periods in most recent times. Ever since the COVID-19 outbreak last […]Read More
- #CNY2021 – Year Of The Ox: Here Are Your Financial And Career Predictions Based On Your Chinese Zodiac
Arguably one of the largest (behind the dragon) of the 12 animals in the Chinese zodiac, the Ox had a clear chance of winning Jade Emperor’s race, only to be overtaken by the cunning rat, according to a popular interpretation of Chinese ancient mythology. Despite this, the Ox is still fondly remembered for its selfless […]Read More
- Ask The Expert: Avoid These 6 Mistakes If You Want A Great Credit Score
It is important to keep your credit score in good shape so you can apply for loans, credit cards and get lower interest rates. Read this article to find out six bad financial decisions that can hurt your credit score. A good credit score is a great privilege. It increases your chances of securing a […]Read More
- Bantuan Prihatin Nasional 2.0: Here’s What You Need To Know
This article was first published on September 24, 2020 and has been edited and updated for accuracy and clarity. In an effort to boost economic recovery and help Malaysians cope with the economic fallout of the COVID-19 pandemic, Prime Minister Tan Sri Muhyiddin Yassin today announced that the final payment of the Bantuan Prihatin Nasional […]Read More
- BNM Maintains OPR At 1.75% – What Does This Mean For Malaysians?
Bank Negara Malaysia (BNM) recently announced that it will maintain the Overnight Policy Rate (OPR) on 20 January 2021. But as a Malaysian, what does this mean for you? If you haven’t already heard, Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.75%, the lowest level since it was […]Read More
- Be A Smart Shopper – Save And Earn More With The Lazada Citi Credit Card!
Being good with money doesn’t mean you need to stop spending. Instead, what matters more is knowing how to properly manage and spend your money because let’s face it – there’s no way to evade spending! While you are out grocery shopping or paying your utilities remember to make the most out of it through […]Read More