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Category: Uncategorised

ABCs of Personal Finance

61% of Malaysians Struggle to Raise RM1,000 for Emergencies

Results from Bank Negara Malaysia (BNM)’s Financial Capability and Inclusion Demand Side Survey 2024 showed that 61 percent of Malaysians face difficulty to raise RM1,000 as emergency fund. This seems to have gotten worse as it was 52 percent in 2018 and 47 percent in 2021. Briefly, this meant that we have even more Malaysians who say they could not raise RM1,000 as emergency funds. Many reasons were stated including rising cost of living and even the possibility of overspending too.

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EV and Cars

Cheapest EV in Malaysia has been launched! e.MAS 5

Staying in a landed property and in need of a new Electric Vehicle (EV) as an accessory to spruce up the place? Needing a second car which can also be a source of pride and conversation? Thinking of saving the environment since many people say EVs are friendlier to the environment? Wanted to buy and yet the price is too high since most of them are starting from 6 figures? Hey, this one’s below RM60,000 and it’s going to be built here in Malaysia by Proton. It’s the e.MAS 5.

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