Real Estate Investment Trust (REIT) is gaining more attention and traction in Malaysia recently but did you know that this form of security investment plan was established back in 2004? REITs were first introduced to the public in America in the 1960s, but you may consider this form of property investment fairly new to this part of the world. If you are interested in property investment to diversify your portfolio, then REITs are “on-trend” right now for a unique way to invest. Additionally, if you prefer to invest in stocks, then REITs are right up your alley since this type[…]

One of the hardest investment programs to dabble in Singapore is property investment due to the high valued real estate in the country. Owning property in Singapore is something of an achievement as most citizens struggle to even afford their HDB flats but with the introduction of Real Estate Investment Trust (REITs), Singaporeans are able to invest and earn some income via property investing. What are REITs? Real Estate Investment Trust (REITs) or sometimes known as Singapore Real Estate Investment Trust (S-REITs) is an investment method that uses shares that are focused on real estate. Companies that sell their shares[…]

We, as social beings, are obsessed with personality tests. We enjoy reading in depth analysis of our character, seeking advice on how we should handle certain aspects of our life like relationships and career, and to see that we’re not alone in this wide world. Personality tests help most of us navigate through life smoothly as well as help aid us in our character growth.  This applies to financial personalities, as well. Financial personalities is as self explanatory in its title. It’s how your personality traits affect how you manage your finances, your beliefs about money, and your financial goals.[…]

Credit cards are extremely useful financial tools that can be helpful during emergencies. However, there can be long-term consequences that will affect your life and financial stability if it’s mismanaged. Working out of the shackles of credit card is no easy task and it will take a good amount of time and dedication. It is an arduous process, but certainly not impossible to achieve. If you feel you have reached a point with your finances where you are unable to manage, then it wise to seek professional help. In this case, credit counselling is highly recommended.  Credit counselling is also[…]

Scams and Malaysia. As the years go by, scams are become more sophisticated, subtle and smarter since the ones responsible often combine new technology with old tricks to get people to send money or give out personal information. It is unfortunate that a lot of Malaysians are falling for it, as discovered by Telenor Group in 2016.  To help prevent future scams, we’ve provided the guidelines on how to spot these red flags, what to do to prevent falling for their schemes and actions to be taken if you become a victim.  The Basics: What is a Scam? A scam[…]

Another August, another month full of patriotic energy and love for the country – and this time, it’s Malaysia’s 62nd Merdeka! To celebrate this wonderful month, we have compiled you 8 great deals you should go crazy for. Have fun and enjoy! 1.       IKEA Merdeka Madness Malaysians love IKEA. We love the affordable furniture, the Instagram-able showrooms and especially the delicious food. Which is why we’re extra excited about this particular deal. In celebration of Merdeka, IKEA is having a clearance sale starting from 15 August to 2 September. This is especially beneficial to IKEA Members since[…]

Expecting a little bundle of joy to join the ranks of the family soon? Congratulations and welcome to the world of parenthood! Being a new parent is all about exploring and learning about new boundaries. Most lessons about being new parents start with the preparation process for the little one to arrive. If you and your partner are feeling a little overwhelmed by the amount of things needed to be purchased for the child, then perhaps this cost breakdown might be helpful to budget your potential childcare expenses. 1. Hospital Visits Your prenatal checkups are important as you will be[…]

Always wanted to travel but unable to do so because you can’t afford it? There are ways to have a cheap vacation and not compromise on having a great time exploring another country. All you need to do is some research and have the willingness to be a little more adventurous during your travel. #1: Travel During Off-Peak Season Plan your travel dates wisely; off-peak seasons are the best times for budget travels! Avoid travelling during school holidays and other major holidays; this gives you the leeway to save money on airfare, accommodation and other travel expenses that can be[…]

Did you know that talent, money and looks aren’t always factors for success? It’s true! It’s easy to believe that only certain people will ever be successful in life but you’ve been misdirected. What makes someone rich and successful, ladies and gentlemen, are habits. Yes, you read that right. HABITS! Today we have 8 special tips and habits of the rich and successful for your guidance: 1.       They Read a Lot Reading is an enriching experience and rich and successful people know this. According to Tom Corley, the difference between rich people’s reading habits and poor people’s[…]

Do you know where you stand financially in Malaysia? Today, there are three different income groups categorized by the Department of Statistics’ (DOSM) Household Income and Basic Amenities (HIS/BA) survey of 2016 – T20, M40 and B40. As of now, DOSM is currently carrying out their 2019 survey nationwide. According to them, every year the level of income for every group increases which is also a sign of Malaysia’s economic growth. Before we delve into the categories, let’s introduce certain concepts and terms (just so you don’t get too confused). But what is T20, M40 and B40? T20 stands for[…]