Saving money is simple, but can be challenging at different stages in your life. So beware of these money pitfalls and how to avoid them.Increasing your income can be done by advancing your career, investing in your own self-development, and creating additional income streams leveraging on your strengths.
These recurring expenses are a continuous drain on your financial health. All the small tens and hundreds of ringgit add up very quickly. Recurring expenses have a significant effect limiting your budget and savings/investment funds. Take at least a few days to think and consider your planned purchase. Consider if there are better value options which are just as good and at half the price. Learn to shop around and do not be shy to bargain.Warren Buffett once said, “Only when the tide goes out do you discover who’s been swimming naked”. While Buffett was largely referring to businesses and investing, this applies to our daily living too.Companies, especially financial institutions and insurance companies, are under-reserved.
Employed: You should focus on income replacement to ensure you and your family are taken care of in the event of disability, critical illness, or death. Know your world. The basic entry level is knowing what is happening both in Malaysia and globally in. Separate facts from fake news. Listen and learn, but form your own insights.Some people are just uncomfortable talking about money . Many feel it’s personal and have some irrational fear that others will treat them differently or become a target of robbers.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: staronline - 🏆 4. / 75 Read more »
Source: NST_Online - 🏆 17. / 53 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: malaymail - 🏆 1. / 86 Read more »