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 […]
Tag Archive: money matters
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 […]
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 […]
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 […]
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.
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 […]
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 […]
Among the many reasons of having a Takaful coverage is to ensure you and your family will not be financially burdened with medical bills should anything happen.
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 […]