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The school holidays are coming up and you’re planning to go on a family trip for a few days. You may have chosen a destination, booked your flights and hotels and readied a checklist of what to pack – but don’t forget to make preparations for keeping your empty home as safe as possible!
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Have you ever had a symbol you never noticed before suddenly light up on your car dashboard?
When something goes wrong with your car, a signal goes through the electrical system to the dashboard to highlight an issue. Some indicate a serious malfunction, while others are warnings to take action. Regular servicing should prevent any problems,
It’s important to know what the car dashboard warning lights actually mean because they can prevent a car breakdown and further damage to your car parts, and save you from an expensive visit to the mechanic’s workshop.
Here are the most important warning lights you should watch out for and what to do when they light up.
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So you’re counting down to the next pay day just a few days after your salary was deposited into your bank account?
You may have made this complaint yourself: prices are going up but our salaries are the same. Feeling sorry for ourselves may is easy, but is unproductive. It only allows us to make excuses instead of taking the steps needed to overcome our financial challenges.
If you need some ideas for saving money, you’ve come to the right place. Here are some ways to cut down on expenses and uncover extra cash that we can save for a rainy day.
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If you’re a first time insurance buyer, you may have a lot of questions about getting the right coverage.
We’ve put together a list of frequently asked questions and answers to help you make the right choice.
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Malaysians have an average debt to income ratio of 89% (as at 2016).
According to Bank Negara Malaysia, Malaysians have an average debt to income ratio of 89% (as at 2016). That means that Malaysians would have 11% left for living expenses that aren’t tied up in loans and monthly payments. The acceptable figure for household debt to income ratio is actually at 30%, leaving 60% of income to be saved and enjoyed.
If you’re asking why this is bad if you’re surviving so far, then you may not be ready for emergencies and retirement. Working towards a manageable debt to income ratio, or even just clearing your debt completely can take a huge weight off your shoulders. You’ll be free to make the most out of life without worrying about how to make ends meet.
Take the time to sit down, breathe, and focus on improving your bank balance. Whether you owe RM100 or RM10,000, follow these tips to clear your debts.
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Home insurance doesn’t have to be expensive. Explore three home insurance types that vary in costs and coverage.
Many Malaysians avoid buying home insurance because it’s considered an extra burden. After all, there’s already mortgage, bills, taxes, and life’s other expenses to worry about.
However, buying a home is a huge investment. So protecting your home against losses and disaster is crucial. Without insurance, you’d have to dig into your own savings to replace belongings, repair damages – or worse – rebuild your home in case of unfortunate incidents.
Let’s explore what your options are when it comes to insuring your home.
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In Malaysia, employee medical coverage is mandatory. This may lead most of us to believe that if we fall sick or meet with an accident, the costs are safely covered by the company’s insurance. So we skip buying our own insurance and think we’ve saved money.
Unfortunately, people often underestimate the importance of buying their own insurance. Many think that buying personal medical insurance is because they get coverage from employers. But depending solely on your employer’s insurance coverage has its risks.
You’re in your 20s, which means you’ve just finished university and are just starting out in your career, or have been in the workforce for a few years now. Old age and retirement are decades away, you say, so you’re not thinking about being financially savvy right now.
Nevertheless, it’s not too early to start thinking about developing good money habits. First, you’ll be able to void building up debt and putting your future self into financial trouble. Second, your future self won’t have to work so hard to be ready for retirement.