ABCs of Personal Finance
5 Financial Tips for Fresh Graduates to Secure Success
5 Financial Tips for Fresh Graduates to Secure Success So, you’ve finally done it. Scroll in hand, mortarboard tossed into the air, and that degree
5 Financial Tips for Fresh Graduates to Secure Success So, you’ve finally done it. Scroll in hand, mortarboard tossed into the air, and that degree
Higher Starting Pay? What Should Our Children Major In For The Future? When my daughter was entering Form 1, my wife asked me a very
Super Low Baby Production in Malaysia… End of Investment? When I wrote the original article in 2024, I was looking at one worrying number: Malaysia
When someone retires and realized they have hundreds of thousands in their EPF which is suddenly theirs to use, what do you think could happen? Well, they could spend it wisely and stretch it sufficiently to cover for the next 15-20 years of their retirement life. Or they could spend it very quickly to buy things which they could not afford previously. Or maybe they could be scammed by someone and lose it all too.
If you are an expat here in Malaysia, thanks for coming here and share your expertise and experience and at the same time bringing up Malaysians to be as amazing as you in the future. Many, many, many years ago when I was speaking to a Senior HR Manager in manufacturing, he told me that he could easily attract expats to come to Malaysia because he told the expat that they will be offered a similar pay but the quality of their living would be 4 times better simply because they would be staying here. Bigger property, more ASEAN vacations and not needing to look at the menus before entering the usual restaurants here in Malaysia.
Maybe this is also because I do not own the latest handphone model… I do not try to show off with a non-national car brand which is suffocating me financially every month… After 30 years of paying for a property, I no longer needed to pay rental… plus I have more than 1 property and I could sell that extra property for funds which I could use for anything of my heart’s desire? This is why I do believe I do not wish to touch EPF savings which receives very healthy dividends every year.
Teachers in Malaysia are set to receive a salary increase under the Public Service Remuneration System. The Education Minister announced a 15 per cent rise for support and management staff, and seven per cent for top management, effective Thursday. Comparatively, salaries for teachers in Hong Kong are significantly higher, reflecting different living costs.
Higher starting pay? What to major for the future? Choice of RBT (Reka Bentuk Teknik) versus ASK (Asas Sains Komputer) for lower secondary school My
The exchange rate’s impact on Malaysian salaries in Singapore is notable, with a decrease from S$1 to RM3.37 in 2015 to S$1 to RM3.15 today. This change means a potential loss of RM12,600 annually for a S$5,000 salary. Current rates are better than 2021, benefiting Malaysian workers.
Pearly and Thinaah of course. Their friendship, their abilities and yes, that language advantage where whoever they play against, they can speak a different language loudly and no one knows what they are saying. Versus you know lah… some language, we all understand perfectly and easily. 🙂 It was reported that as at the end of the BWF World Tour Finals, they have earned RM1.49 million in prize money.
Without adding the changes in 2025 and relying on just 2024, median income for a household of a T5 category starts from RM20,738 per month (image below) . In other words, this household has a yearly income of RM248,856. If this household is contributing to EPF and has an employer also contributing to the EPF for employer portion, then this household’s EPF will have accumulated the following per year.
Read more, know more, learn more so that one is able to adapt to technological advancements and not fall behind. This ensures our earnings remain strong and we would be replaced suddenly. Invest into education, skills necessary and always seek to diversify the income wherever possible. Higher pay does not guarantee anything but higher pay allows us to save more.