malaysia

29F & I’ve never gotten a bonus before because I haven’t been able to hold down jobs previously due to mental health struggles, & then I was with non-profits & startups that didn’t give out bonuses. I’m wondering if I should throw it all into my emergency fund (which right now doesn’t hit the 3...

For people that are moving into a new home and want to make some high value purchases i.e. Refrigerator, washing machine, water dispenser, couch, mattress, furniture. If you already have the full amount within your means but sellers may offer a mode of purchase by way of installments with 0%...

hi there, im a nonbumi 18 yo student and a beginner to investment. im thinking of dca rm100-200 monthly into s&p 500 or similar us etfs. after my research, i have two available choices in mind which is wahed hlal and stashaway ivv but im concerned about the fees. wahed 97.5% hlal (0.79% annual...

Seeing all high income personal postings here makes me wonder.l View Poll

Hello everyone, my first post here. Advice are greatly appreciated. Not sure if this the right sub but just gave it a try. As the title says, i'm a 25 y/o, fresh grad, working for my first job. I'm from Sarawak and currently work in KL with a gross salary of 3.5k/month. My monthly expenses...

A lot of people don't seem to know about this and thought I'd share as the year is coming to a close. In Budget 2023, the scope of the Life Insurance category was expanded to include voluntary contribution to the EPF (i.e. self contribution), capped at the same overall limit of RM3,000. This is...

Hi All, Regarding our property market, we have 2 different prices for bumi and non-bumi property, in which non-bumi is priced at 5%-15% higher. Would like to know if the 5%-15% paid less by bumi is it actually a. covered by the government or b. is it the actual selling price of property? c...

Every company prepares some financial statements (as part of regular financial discipline), we should do one for ourselves. How was 2022 for you? Let's structure it in terms of broad investment categories, and then in terms of P&L Example : A. Equities (Stock Market) (excluding REITS...

hi, im jobless for 2 month after my last company shut down due to no project. for 8 year experience in site work (30% rc work, 70% geotechnical work) i have receive an offer from local company to work as site manager. they offer me with 5.5k ringgit salary which obviously much lower than my last...

Currently I'm in IPTS. One semester cost about 8k. Im at my end wits. I didn't apply for ptptn, and my dumbass thought I could personally cover it. I paused for a year (bank dry up, pause to work to fund my study). I decided f it, might as well go for ptptn n my permohonan was declined because...

Hey guys, I am a Year 2 uni student in mainland Penang studying far away from my home state. My family only has one car so i cant drive it to my uni. I work part time on weekends as I have to support myself and I get no allowance from my family (B40 background so not well off). Not having a car...

Historical performance: 2022: Conventional 5.35%; Shariah 4.75% 2021: Coventional 6.1%; Shariah 5.65%

Hello Redditors! As the title says. 4 more months to the end of the year and if I continue to stay in this deadbeat job, I will get a guaranteed bonus at the end of December. I’ve been working for the last 10 years mostly in tech. This company I’m working for now is a public listed media...

I recently came across a shoplot on the 3rd floor, measuring 108sqft, with a price tag of RM120k. It is situated in a well-established neighborhood at the heart of PJ. I have been considering the advantages and disadvantages of acquiring this unit, as outlined below: Pros: Affordability: The...

Hello all, I am planning to purchase my second house. Price is about RM 1.0-1.2 mil. I would like to know if its suitable for me based on my financial status. I’m 35 yo, working in O&G field for past 9 years. Sole breadwinner and father of 2. I’m a freelancer, so technically I only get paid...

Hi, I just registered for GX Bank and was wondering if the 1% cashback is still eligible if I make payments to my credit card? I've read the policy and it seems that it isn't against the policy (to my understanding at least(?)). The only concerning part is the final item (l). The exclusions are...

Not sure if this is the right place to ask this. Just curious. Probably a stupid question too. Anyway, when u sell gold jewelry to retail gold shop in shopping malls or shoplots, how do they determine the jewelry is in fact real gold either 24karat (99.9%) gold or 22karat (91.6%) gold? Do they...

It's income tax season soon! I've had this template to estimate my tax annually for some years, and I thought to just share it if anyone finds it useful :)...

Hi everyone. As the title suggests, need to get some insight on the benefit of creating a a current account or whether it’s necessary to do so considering my situation. Just a little background, I’m currently freelancing full time. However, my “freelance” work may be slightly different to what...

Hi everyone! So I've been a silent reader here for a while now - never commented or posted anything. I made this throwaway account because my main one uses my real name (Who uses their real name on Reddit anyway? Silly, I know). Anyway, I need some advice on what to do with my money. (Not that I...