Tag Archive: money matters

Last Chance To Get Up To RM2,500 Income Tax Relief 2019

By December 11, 2019 8:10 am

Do you know what is income tax relief? Tax reliefs are set by Lembaga Hasil Dalam Negeri (LHDN), where a taxpayer is able to deduct a certain amount for cash expended in that assessment year, from the total annual income. These are for certain activities that the government encourages to lighten our financial loads. For […]

Best Personal Loans For Self-Employed Malaysians

By November 3, 2019 2:23 am

Updated 3rd November 2019 Whether you are a freelancer, running your own business or a work-at-home housewife, you are considered as self-employed. In Malaysia, it may not be easy for you to apply for a loan or a credit card. However, it does not mean that it is impossible. You just need to know where […]

Are You Financially Better Or Worse Than Average Malaysian? [INFOGRAPHIC]

By September 12, 2019 9:00 am

You can’t measure what you don’t manage. This phrase is particularly true when it comes to your personal finances. You need to pay attention to your money if you want to grow your wealth. And we at CompareHero are very concerned about Malaysians’ financial status. The B40 group are are struggling, the M40 group still […]

5 Tips To Stop Living Pay Cheque To Pay Cheque

By August 26, 2019 10:00 am

Take the first step towards financial freedom. You may be gainfully employed, but yet you live pay cheque to pay cheque. You may even be in a two income household where bot of you earn enough to put food on the table, and your two small children have everything they need, but some months you […]

Financial Advice for Fresh Graduates in Malaysia

By August 19, 2019 11:22 am

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.

guide to flat interest rate reducing balance rate

Guide to Calculating Flat Rate Interest and Reducing Balance Rate

By May 13, 2019 10:00 am

We often stumble across the terms “Flat Rate Interest” and “Reducing Balance Rate” when applying for loans, but do we truly understand the difference between the two types of interest? Although these terms may sound like financial jargons, they are relatively simple to understand. The truth is most of us take the easy route and […]

14 Lazy Habits That Are Costing Malaysians Money

By May 10, 2019 12:00 pm

You’ve experienced it: Halfway through the month, you decide to check your spending – and you’re surprised: “Where did I spend my money ah?” It’s very likely a lazy habit that’s costing you money. Be it you’re being a complete sloth in managing your budget or just not putting effort into your savings; it could […]

How do I calculate my Debt Service Ratio?

By April 25, 2019 10:00 am

Applying a loan is not easy and is, in fact, a very long and tedious process. When your loan goes for approval, your debt service ratio is a major consideration. It is a strong decisive factor and you need to make sure it’s good to prove to your loan officers that you have good credit […]