{"id":17574,"date":"2022-02-20T19:00:00","date_gmt":"2022-02-20T11:00:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/100-ideas-for-personal-finance.html"},"modified":"2026-03-27T10:34:18","modified_gmt":"2026-03-27T02:34:18","slug":"100-ideas-for-personal-finance","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/money-tips\/100-ideas-for-personal-finance.html","title":{"rendered":"100 Ideas for Personal Finance"},"content":{"rendered":"\n

What is Min-Maxing My Personal Finances?<\/strong><\/h3>\n

Min-Maxing (which has its roots in role-playing games) is the process of minimizing weaknesses and maximizing your strengths. The end result desired is for optimization and better results.<\/p>\n\n

Min-Maxing my personal finances is all about taking many small steps to ruthlessly cut your weaknesses and gain many small incremental gains to improve your personal finance.<\/p>\n

Select 2 ideas to implement each week and you\u2019ll be done within less than a year!<\/p>\n

100 Ideas for Min-Maxing My Personal Finances<\/strong><\/h2>\n

Personal Finance Basics<\/strong><\/h3>\n

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  1. Have an overall financial plan<\/li>\n
  2. Set S.M.A.R.T<\/a>. financial goals to achieve<\/li>\n
  3. Have a 3-6 months emergency savings<\/li>\n
  4. Pay yourself first when you receive your salary<\/li>\n
  5. Have a budget and stick to it<\/li>\n
  6. Manage your debt<\/li>\n
  7. Grow your net worth<\/li>\n
  8. Maximize your tax benefits<\/li>\n
  9. Know your retirement numbers<\/li>\n
  10. Give generously<\/li>\n<\/ol>\n

    General Spending<\/strong><\/h3>\n
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    1. Cut expenses on unnecessary spending<\/li>\n
    2. Use generic alternatives when shopping<\/li>\n
    3. Bring your own (reusable!) water bottle when dining out<\/li>\n
    4. Calculate the price per unit when buying groceries<\/li>\n
    5. Pay off your credit card balance in full every month<\/li>\n
    6. Avoid lifestyle creep as your income goes up<\/li>\n
    7. Get and stick to a retailer \/groceries membership program<\/li>\n
    8. Apply and use a cashback credit card like Maybank 2Card<\/a><\/li>\n
    9. Download and spend using e-wallet apps like Boost App<\/a> that offer cashback (referral code: ste5fno)<\/li>\n
    10. Earn cashback using cashback sites\/apps like Shopback<\/a><\/li>\n<\/ol>\n

      General Income & Savings<\/strong><\/h3>\n
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      1. Save\/invest at least 20% of your income<\/li>\n
      2. Apply for a high yield bank account like the OCBC 360 account<\/a><\/li>\n
      3. Already a Maybank M2U account holder, apply online for M2U savers<\/a><\/li>\n
      4. Take advantage of the latest best FD promotional rates<\/li>\n
      5. Renegotiate your pay to increase your income<\/li>\n
      6. Jump to a different company or different industryand be rewarded<\/li>\n
      7. Sell your junk online or to a cash converter location<\/li>\n
      8. Take up a part time \/ side income \/ online business<\/li>\n
      9. Use your hobbies \/ gifts \/ talents to earn some moolah<\/li>\n
      10. Take online YouGov surveys<\/a><\/li>\n<\/ol>\n

        Dining & Entertainment Related<\/strong><\/h3>\n

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        1. Cook in bulk & freeze<\/li>\n
        2. Organize a pot bless (pot luck) instead of dining out every time<\/li>\n
        3. Skip sweet drinks when eating out (even Nando\u2019s has free water now)<\/li>\n
        4. Get the Entertainer App<\/a><\/li>\n
        5. Use dining deals offered by your telco (phone) provider or credit card<\/li>\n
        6. Download the restaurant apps that give you better savings like the McD app<\/li>\n
        7. If you frequent Starbucks, get the Starbucks card\/mobile app, and Starbucks tumbler<\/li>\n
        8. Get free movie tickets via GSC birthday month \/ TGV membership<\/li>\n
        9. Borrow books from friends\/library<\/li>\n
        10. Buy books on sale especially Big Bad Wolf\/Popular book fair<\/li>\n<\/ol>\n

          Travel & Tech Related<\/strong><\/h3>\n

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          1. Get a credit card with travel\/lounge benefits<\/li>\n
          2. Select a flight rewards\/membership program with an airline\/alliance you like\n