While focusing on making your business profitable which may take some time especially if you’re in a saturated market, you must also think about building a sustainable personal financial situation for yourself and your family. Read this post to get some money management tips you can use at any stage of your business. Link in Stories! #mymoneyinsights #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #financialliteracy #smartmoney #investing #investment #business #entrepreneurship #makingmoney
If death and future caregiving has been on your mind more than usual after the Covid pandemic, know that you’re not alone. According to a McKinsey report, 1 in 4 women has considered leaving the workforce or downshifting their careers during the pandemic. If you've not been managing your finances but would like to start, here are 5 things you should know. Read the full article. Link in Stories! #financialindependence #mymoneyinsights #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #financialliteracy #smartmoney
You could be thinking about moving out of your family home to find a place closer to your work place or you need a place for you and your college mates. If you’re renting renting an apartment in Malaysia for the first time, what should you know? Read the article sharing some tips for finding the perfect rental home in Malaysia and securing a tenancy agreement that suits your needs. Link in Stories! #mymoneyinsights #financialfreedom #debtfree #moneyblog #financialliteracy #smartmoney #duit #melabur #duit #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit
The difference between credit cards and debit cards. #mymoneyinsights #financialfreedom #debtfree #moneyblog #financialliteracy #smartmoney #duit #melabur #duit #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit
Impulse purchases don’t just hurt your wallet for the next week or month. Over time, they can prevent you from reaching the big financial goals that really matter — buying a car, planning a family holiday, or starting a college fund for your kids. That’s why it’s so vital for us to understand where our shopping habits come from and how we can gain control over them. Article Link in Stories! #mymoneyinsights #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #financialliteracy #smartmoney
In real life investing, be it a family home, an investment property or indirect ownership through a listed real estate fund, housing has a valuable role to play in a diversified portfolio. Read more in our blog. Link in Stories! #mymoneyinsights #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit #duit #melabur #financialfreedom #financialindependence #financeliteracy
What is the cost of raising a kid in Malaysia? Now that you’re ready to have a kid, you’ll need to be prepared financially as well. Read more in our blog #mymoneyinsights #moneymanagement #moneygoals #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #financialliteracy #smartmoney
Side hustles are exciting and a great way to bring extra money into your bank account every month. Take some time to examine each potential side hustle, and do your research. Then choose the side hustle that best fits your life and goals. Check out the post in our blog #sidehustle #mymoneyinsights #makemoney #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #moneygoals
Manifesting practices aren’t new, but social media has made it easier to see conspicuous consumption as proof that manifesting can get you what you want. Like writing a mysterious “money code” on yourself and suddenly being blessed with free drinks and money. Can you really manifest more money? Read more in the September issue of My Money Insights. Link in Stories! #moneyblog #moneygoals #mymoneyinsights #manifest #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #financeliteracy
If you think we are on the brink of an economic disaster with the Ukraine war, declining stock market performance and rising interest rates, here’s what you need to do. Assess your financial risks It is good to be worried. Worrying prompts you to take a closer look at your own personal risks — and encourages you to take action on them. You can measure your financial risks in inflation-adjusted terms instead of today's dollars. If you have cash in a #savings account, for example, it's probably accruing value at a different rate than your other investments, since it's being taxed by inflation. However, that doesn't mean you should exclusively choose other investments over a savings account, or vice versa. Amid chaotic times, you need your emergency savings to be funded by a safe, well-diversified portfolio. Save and diversify your portfolio To create a strong investment portfolio, you need to start by assessing your current investment strategy — if you have one — to figure out how many weeks you could financially survive if you lost your job. Imagine your worst-case scenario and what you have to cover yourself from that. Then, make sure your money isn't all in one place. According to Ray Dalio "Cash is not a safe investment," It is prudent to build as diverse a portfolio as possible — ranging from inflation index bonds, which Dalio recommended above regular bonds, to physical assets like gold. Your portfolio could even include digital assets like #cryptocurrencies. Even if you are not a fan of the cryptocurrency, use it as a hedge bet, solely for the purpose of diversification. #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney #investment #financialindependence #financialliteracy
If you've been approached by a broker or forex agent to invest in forex and are promised amazing returns, ask your broker these questions: 1. Is the broker regulated? 2. If regulated, how trustworthy is the regulatory body? 3. Is the broker offering profits or rewards for opening an account? 4. Is the broker offering a cash bonus for opening an account? 5. Is the broker offering automatic trades or signals to guarantee profits? 6. Is any credible information about the company included on its website, such as company history, financials, headquarters' address, or similar? 7. If awards are cited, can I verify their authenticity? 8. If a big corporate sponsorship is promoted (e.g. athlete sponsorship), am I doing my due dilligence to ensure the company can be trusted? Read more about avoiding forex scams in our blog! Link in Stories #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney #moneymanagement #moneygoals #investment #forex #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit
Besides having your hard-earned money drained from your account via fraudulent transfers, an identity thief could leverage your information to open credit cards in your name and treat themselves to a shopping spree. Some of the common online mistakes that will make you an easy prey includes: ❌Using personal information, such as your name, address or date of birthChoosing short password ❌Relying on common words or simple number combination ❌Using the same password for multiple logins ❌Not updating passwords regularly ❌Installing APK applications from illegitimate sources ❌Installing SMS applications from untrustworthy sources How can you protect yourself? Read our latest blog post to find out! Link can be found in Stories #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney #scamalert🚨 #onlinebanking #moneyscam #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #financialliteracy
Plantation stocks were on the rise during morning trade on Wednesday (March 2) as crude palm oil (CPO) prices rose on the back of the Russia-Ukraine conflict. Plantation players were among the top gainers on Bursa Malaysia after CPO prices topped RM8,000 a tonne for the first time on Tuesday. At 10.06am on Wednesday, the plantation players among the top gainers included Kuala Lumpur Kepong Bhd (KLK), which was up 46 sen to RM26.50, Batu Kawan Bhd, which gained 30 sen to RM26.76, and United Plantations Bhd, which climbed 22 sen to RM15.32. Ukraine is the world’s largest producer and exporter of sunflower oil, with a market share of 47% of global exports, while Russia’s share of global exports stands at 29.9%. The pair of nations accounted for 60% of global sunflower oil production in 2020 and 2021. In view of the closure of crush operations and ports in Ukraine, this proves to be a boon to palm oil and soybean oil as buyers will need to fill the gap in supply. “Planters’ share prices have reacted positively to the surge in CPO prices over the past few weeks. There could be an upside to planters’ 1QFY22 earnings (for the first quarter ending March 31, 2022) and our CPO forecasts. It was reported on Tuesday that CPO prices topped the RM8,000 a tonne mark as consumers rushed to mitigate the sunflower oil shortage amid the Russia-Ukraine crisis. -The Edge Markets #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #newyear #motivation #goals #makemoney #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #financialindependence #financialliteracy
When it comes to your finances, there are a couple of ways to sabotage yourself. One is not putting enough thought into it. The other is putting too much thought into it. Overthinking – becoming obsessed with minor details, getting overwhelmed with choices and doing nothing – can be just as damaging to your financial future as being reckless. The more mutual funds savers can select from, the more they tend to retreat into bonds and cash. GIVE YOURSELF A DEADLINE The brain’s natural tendency is to go around and around, ad infinitum. So counteract that by limiting yourself to a defined period to make a money decision. CONSIDER OPPORTUNITY COSTS If you are obsessing over investing in the perfect stock at the perfect price, that is one decision. But the larger and more important decision, viewed over the long-term, is being in the market or not being in the market. “We tend to fall into trying to find the most perfect possible option, because we’re so afraid of choosing wrong,” Melody Wilding, an executive coach shares and recounted one of her clients who made an elaborate spreadsheet comparing various kitchen blenders, and still couldn’t pull the trigger. “But the cost of inaction can be huge. By not making a decision – that’s a decision, too.” Do you overthink too often? #mymoneyinsights #financialfreedom #debtfree #newyear #motivation #goals #makemoney #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #moneygoals #money
*Interestingly, the amount of money you make doesn't impact whether you're a spender or a saver", says Scott Rick, associate professor at the Michigan Ross School of Business, whose research focuses on the emotional causes and consequences of consumer financial decision-making. (Although, obviously your propensity to spend or save does impact the amount of debt and savings you have.) Individual life experiences also play a role, Rick says. For example, if you lost a large amount of money at a key moment in your life, it might make you stingier. Or if you went through a period of time when your money was tight, you might hold onto those habits even when your situation improves. All of these factors make up your "money scripts," or your beliefs and emotional connection to money, explains Brad Klontz, psychologist and founder of the Financial Psychology Institute. "They get adapted as you go through life by watching other people, your culture, your neighborhood and your friend group," he says. #money #smartmoney #personalfinance #personalflnanceforwomen #wealth #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #goals #goalsetting #focus #success #motivation #happiness #powerofpositivity #financialindependence
At 18 years old, kids are thrust out into a world where every step they take from graduation to retirement will be directly impacted by their financial knowledge and money management skills. Career decisions, buying your first house, getting married, having children—finances all play a massive role in each of these life events. And it's not just the major ones; finance is a part of our everyday life. Whether it's where we eat, what we buy, traveling, going out with friends or negotiating prices, every day we are faced with financial decisions. Young adults lack the experience and education to make these decisions - big or small. Budgeting teaches awareness and responsibility. If someone has a budget that they actively manage, it forces them to look at their spending. They are aware of how much they have available, and this leads to making better spending decisions. More jobs, more money, and less debt are good for the economy as a whole.Understanding money management leads to financial health and positive attitudes around money. People’s attitudes towards money can be instrumental in shaping their character, plus promotes the desire to give back. When did you start learning about managing your finances? #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #goals #goalsetting #focus #success #motivation #happiness #powerofpositivity #personalfinance #personalflnanceforwomen
Is LEGO worth more than gold? A new study from the Higher School of Economics in Russia suggests that LEGO offer more return on investment than “bonds, gold, and many collectible items, such as stamps or wines, yield.” We rounded up three local LEGO collectors and investors to spill the beans about this hidden treasure. Link in bio! @lego #lego #afol #investment #investing #moneymanagement #mymoneyinsights #financialfreedom #debtfree #newyear #motivation #goals #moneygoals #personalfinance #personalflnanceforwomen #wealth #money
I spent thousands of Ringgit on a Marriott Club Membership before Airbnb was a thing and a time share membership seemed like the only option to stay in a beautiful hotel. I've finally paid the last installment last month after 10 years of paying through my nose and there was no celebration or thank you note in sight. That's how valuable members are! So...if I had a choice to make one less holiday expense, this would be it though I truly enjoy staying in beautiful rooms usually with a view. -Hanniz What about you? #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney #goals #personalflnanceforwomen #personalfinance #moneymanagement
Happy New Year! Thanks to you we now have 200 followers! It means a lot to us as we strive to bring you relevant financial and entrepreneurial insights! Let us know what you'd like to learn more about next year! We're gonna have a happy and successful new year! Type 💯 if you agree! #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #newyear #motivation #goals
The First Rule of Personal Finance - A Spending Checklist - Before you buy anything ask: Do you really need it? Photo credit : Arun Mukherjee #personalfinance #personalflnanceforwomen #urusgaji #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #smartmoney #moneymanagement #duit
Mariah Carey’s “All I Want For Christmas Is You” is the gift that keeps on giving. The seemingly timeless tune finally reached the top of the Billboard Hot 100 list — a historic feat 25 years in the making. In fact, the song is still pumping out money quicker than you can say “Happy Holidays.” According to a 2016 study by The Economist, Mariah Carey has made $60 million from the song in just royalties alone. Today, that number is suspected to be even higher, as streaming continues to balloon royalty figures and add passive revenue to artists’ paychecks. Since being added to music streaming platform Spotify (SPOT), Carey’s song has already earned over $2 million in royalties, according to a study by Broadband Deals. Whenever someone thinks of earning some extra money, the first thing that comes in most minds is getting a part-time job. Many people will advise you to work several jobs if you want to create an extra stream of income. But what if your job already takes much of your time and energy, that you can’t afford to work any more hours? Learn how in the article coming out this weekend in our blog! Meanwhile, comment below how YOU make extra money #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney #financialindependence #passiveincome #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit
Spending less than you make is one of the most important financial concepts to understand and live by. If you don’t live on less than you earn, you will never get ahead. Spending less than you earn may take some initial life changes, but the longer you do it, the easier it is to continue doing it. #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney #goals
Choosing to invest and save instead of spending is how many millionaires achieved that status in the first place, their research found. Only income put to work efficiently can truly turn into wealth. Myths - Investing in schemes that promises very High returns is safe Thousands of Ringgit of hard earned money of poor investors have been lost in last few years in various fraud schemes. Unfortunately, the greed of higher return attracts investors to these ponzi schemes. The promotors of these schemes exploit the lack of knowledge of gullible, uncertified agents to trap small investors. Investors are advised to invest in completely regulated investment tools Myths - Financial planning is for the Old Many young people believe that they need not do Financial Planning till they are old. It is a myth with huge and far reaching consequences. The life expectancy has increased significantly in last few decades. People are living longer and hence the need for greater corpus for retirement years. The fact that healthcare is significantly more expensive than before makes it all the more compelling. Investors are advised to start saving from the very beginning of their career in a disciplined manner. Starting small and gradually increasing, disciplined long term investing could create a decent retirement corpus. Get more tips from our blog! Link in bio! #financialfreedom #debtfree #investment #personalfinance #personalflnanceforwomen #smartmoney #moneymanagement #moneygoals #mymoneyinsights
Do you ever feel that you're working your a*s off but the money is trickling in? Well there are many ways to make your money work for you. It won't happen overnight but with financial knowledge and discipline, you'll get there! Check out our blog for new tips every week! Link in bio! #personalfinance #personalflnanceforwomen #urusgaji #urusduit #melabur #duit #moneymanagement #moneygoals #mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #money #smartmoney
Cheap A cheap person is generally someone who doesn’t necessarily like spending money — even in situations when they should. Cheap people only focus on one thing when it comes to money, and that’s the price. If cheap people had a money mantra, it would be “price is more important than value.” They hate spending money. Period. Frugal On the other hand, frugal people understand that sometimes, paying more for something matters. Frugal people focus on the value a purchase brings to their life as well as their time. Frugality is about looking at the bigger picture, having a long-term mindset when it comes to making purchases and integrates those ideologies into their personal finance. Frugal people focus on the quality of products, do their research, consider other factors that might affect their purchase, and think about how much value/joy/time it will add to their lives. It’s about purchasing intentionally. It’s about optimizing how you spend your money. More importantly, it’s about having the time to do things that you enjoy the most. Are you frugal or cheap? mymoneyinsights #financialfreedom #debtfree #debtfreecommunity #personalflnanceforwomen #urusgaji #urusduit #melabur #tabungkecemasan #wanitabijaksimpanduit #rutinuruscashflow #tabungduit #sinkingfund #payday #simpanduit #gajimasuk #tabungcuti #kewangan #emergencyfunds #savingsgoals #savings #menabung #savemoney #payyourself #financialindependence #firejourney #financialindependenceretireearly #salaryday #debtfreeiournev
How does getting a new Audi every year sound? How about getting into a lovely long-term rental without signing up for a whole year? It’s a fantasy scenario for many drivers and enthusiasts, one that until very recently primarily remained out of reach. Thanks to the rise of car subscription services, that dream may become a reality. That’s because the subscription model offers consumers premium vehicles direct from manufacturers and third-party leasing companies. These subscription services also provide a variety of flexible terms and vehicle choices not often found in the fine print of lease agreements. The question is can car subscriptions really save you money vs buying a car? We chatted with Flux and GoCar to get this question plus more questions answered. Read the full story! Link in bio! @driveflux @gocarmy @sandrawooo . . . #cars #kereta #subscription #carsubscription #flux #driveflux #gocar #renault #kinto #promotion #drive #personalflnanceforwomen #personalfinance #financialindependence #smartmoney #savemoney
JULY BEGINS TOMORROW, LET'S DO THIS SHIT 🤑. . . Here's our goals for the month. Nothing to reflect on for June because we balled out on vacation 🤷🏿♀️🤷🏿♀️🤷🏿♀️. . . . #financialfreedom #financialplanning #moneygoals #financeexpert #financialsuccess #debtfreejourney #howtobudget #womenintech #womenwithmoney #moneytips #financialexpert #personalflnanceforwomen #budgetingtips #clevergirlflnance #clevergirlsknow #mindset #buildwealth #financialliteracy #buildhabits #dowhatyoucan #savemnnev