ABCs of Personal Finance
Personal Finance: I can save RM200 per month until I become a millionaire lah
We cannot just rely on savings. (savings alone cannot hedge against inflation) We must protect what we save too. (That’s why we need to buy insurance) Please remember that value of money is getting smaller. (No one can run away from inflation). So, if we just save but do not invest it, there’s no way we can keep up with inflation.