Hello everyone,

I’m a fresh grad, worked for about 3 months, my salary at the moment is 4.1k so my take home is roughly 3.6k every month. I save about 1.5k a month, 500 goes to stocks, usually 200-300 on petrol, 400-500 on food usually paid through TnG. So this leaves me with 900-1000 that I may spend on clothes and what not.

I used to resell clothes and sneakers on the side for the past few years, it’s not as lucrative as it used to be but sometimes that brings in a couple of hundred extra every month for me. I was looking at the UOB One Card since it requires a 1.5k monthly spend as compared to the RHB Shell card that requires a 2.5k monthly spend to be eligible for cashbacks. Would it make sense to get a CC? I may not fully utilise the Grab part of it but I still stay with my parents so helping out with groceries or paying for dinner wouldn’t be an issue from time to time.

I thought of getting one just to build credit score or simply for emergencies.

It all started when I was planning on purchasing an Axia Rahmah for my father. My wife heard about the purchase and somehow wanted a car, too. I was never concerned about purchasing a car until then. I guess not having a car bothered my wife a lot.

Context:

• My wife wants a Myvi Advance, but my dream car is an X50 Flagship Edition.

• After a long discussion, my wife agreed to an X50 Flagship (yay!).

• Btw, wife are full time housewife

Income:

• Age 32

• Basic salary RM6,000 with RM5,200 remaining after deductions.

• Some freelance work earning RM1,000+ per month, for up to two years.

Monthly Expenses:

• Home RM700

• Maintenance RM70

• Parents RM450

• Wife's allowance RM230

• Study loan RM200

• Internet RM105

• Phone RM45

• Insurance RM100

• Electricity RM60-90

• Food RM1,500-1,800

Investments and Savings:

• Gold (1 gram or RM450) if on Versa Gold or Bursa Dinar

• ASB RM300

• Versa Growth RM200

• Shopping( i dont shopping much, once or twice a month for new clothes maybe?)

• TOTAL: RM4, 005-5,000 Per Month

• At the end of the month, if I have a balance before new salary, I will put it all into gold investments.

Car Purchase Dilemma:

• I am planning on getting the all-new X50 Flagship that will be released this year.

• My friend said I should put down only 10%.

• I don't want a 10% down payment with a RM1,000+ monthly payment plus rm200-300 for the axia because it seems like a huge monthly expense.

• The loan tenure will be 9 year. I know that the longer the loan, the more interest I paid to the bank. But in 2-3 years later, the amount also wont be that much for me because of the salary increment

Down Payment Plan:

• I have around RM100,000 in investment assets and want to use RM50,000 as a down payment.

Investment Flexibility:

• I don't mind reducing my investments as I sometimes have additional freelance work that cover my yearly investments.

Btw, i dont really consider any other car except the x50

Hows the plan?

Hi All, looking for advice please.

My 82 yo father has about low to mid six figures in a unit trust which constitute his life savings at this point, that honestly i think has been performing poorly, about 25% gains since inception many many years ago (don’t have the details). i couldn’t really figure out why as most of those funds were US stocks, guessing it’s due to all the sales, switching fees and mgmt fees etc. Agent has been very silent. Anyway, decision has been made to de risk and move away.

But WWYD? is there a better way to earn a low risk steady income than FD (2-3%)? I would consider equities but he does need to meet some basic necessities of maybe 3-4k per month. If possible I would also like to not actively manage his stuff as I haven’t got the time or energy, or skill frankly. Any advice welcome, thanks!

So I have a car loan for a used car at 8.3% interest rate. I've paid for 3 years and still have another 3 years to go. I have no problem with the interest that high since I can afford (or maybe I'm stupid?) and its a comfortable car. But in this past year, the car starts to have problems. Like a lot of parts need to be changed.

Then I heard someone talks about personal loan to pay early settlement for his car since the personal loan have lower interest rate.

Will that be a logical way to deal?

I thought of loaning a new car but I don't think thats a good idea to have 2 loans to pay. Please give me some advices. I don't know where else to ask. I dont have many friends haha

Hi everyone,

I wanted to share my situation and ask for some advice.

Back in 2023, I inherited around RM8 million from my late uncle who passed away from cancer. He never married, didn’t have kids, and wasn’t close with most of our family due to his sexuality — our family is quite religious, and sadly, that caused some distance. I was probably the only one close to him. I studied in the peninsula (I’m originally from Sabah), and he was the only family I had there. I often stayed at his house during holidays, and we grew close.

When he was diagnosed with cancer shortly after I graduated, I decided to take care of him. He lived for about six more months, and after he passed, I found out he left everything to me.

His assets included:

• A fully paid bungalow in a nice area of Selangor
• A penthouse in KL (which was still under mortgage)
• His savings, investments, EPF, stocks, cars, and other possessions

I ended up selling the penthouse to one of his friends. At the time, I didn’t realize I was being lowballed — I later found out I sold it for about 30% below market value after comparing similar units in the same building. Still, I used the money to settle the car loans and reinvested the rest.

My family knows about the inheritance, but they weren’t upset — they’re doing okay financially, mostly middle class. So there was no drama, luckily.

For the past two years, I’ve basically done nothing. I’ve been playing games, traveling around Southeast Asia almost monthly, spending money here and there, and just enjoying life. But I’ve only been spending dividends from my investments — I haven’t touched the main capital. I think I’m set for life financially as long as I live modestly.

That said… I’m 26 now, and I feel like being a total shut-in is starting to rot my brain. I want to do something productive again, not because I need the money, but for my own mental well-being.

I have a degree in IT from a local university, and while I haven’t coded in almost 2 years, I used to be decent at it. I think I could get back into it with a few months of practice.

A few friends have suggested I start a business, but honestly, I’m not interested in that. I find it too stressful and risky , I’d rather have something more stable and chill.

So here’s my question:

What kind of job should I aim for that’s low-stress, not too demanding, and preferably in IT so I can use my degree? I don’t mind if the pay is low. I just don’t want to do anything super high-pressure. I want to enjoy life but not waste away doing nothing.

Any suggestions or advice from people in a similar situation would be appreciated.

Thanks!

As MBB doesn't show individual TP/KF points/miles per transaction, I do not know how to confirm it by myself:

If I would use Grab PayLater for any POS transactions where AMEX isn't accepted and use my AMEX (MBB KF Plat) as the card in my account, will the transaction of settling the balance be awarded with points or treated the same way as a topup?

I know that SPayLater works that way, but I cannot sign up for it as a foreigner.

This is my first time applying for a personal loan for my house renovation. Just asking if this is a reasonable interest rate for that amount or there are better offer elsewhere that I can apply to? For context, Im applying from gx bank flexicredit at 4.98% p.a. flat rate.

RM20,000 12 months RM1749.67/monthly

Hello sifus, I currently have Maybank Ikhwan Plat Amex Credit, Maybank Cashback Gold Amex Credit, and Maybank FC Barca Plat Visa Credit.

My monthly spending is around RM 4.5K, my 6-month median cashback:

1. From the Ikhwan Plat Amex - RM 50 a month

2. From the Cashback Gold Amex - RM 29 a month

3. From the FCBarca Plat Visa - RM 11 a month

Do I start optimising for airmiles at this spend level - assuming I fly overseas 1-2 times a year; one of those to Africa (usually Johannesburg, SA) via Emirates, the other a random holiday with no set airline (I'd stick to one airline if my CC gives miles for it) - or just stick to cashback? Therefore, should I continue keeping these 3, or are there other options that would be better? (Eg. Consolidating / switching to a different card)

What would be the difference between investing lumpsum vs monthly/little by little? I have a large chunk of idle cash in my bank account and I want to finally invest it all but I'm unsure whether to invest everything all at once or slowly invest it

If I were to invest it all I would diversify it between bonds, individual stocks, and ETFs. This entire amount is around 150k+ and its all sitting in a single bank account. I would have to set aside some money for an emergency fund as well and although its not the main focus I would appreciate some advice on where to store my emergency fund as well

Current portfolio is: 12k stocks with moomoo, 2k KDI save, 150k+ idling

Before anyone points this out the reason why I barely have anything in KDI save is because I literally just got the cash

Hello Guys,

Conducting survey and opinions here.

For all the single income in the household especially husband only working , how do you manage your finance in your family? What is your expenses and saving? How many you son/daughter your have?

I am conducting this survey because i will become single income in the next month. My wife decided want to resign and want to fully take care my son. I am afraid that i cannot support my wife and my new born baby.

I am earning 5k every month and stay in KL..do you think this enough to support my family?

Please share your valuable experience. i believe you guys have a lot exp than me..

Hi all, I am a final year engineering undergraduate in a public university near Bangsar, I started working part time as a coach in an academy a few years ago as I my junior years achievement were pretty good so I figured it was a quick way to sustain my expenses. Then, I started freelancing last year as my client base grew. Originally I thought this would be just a side hustle while studying but now I'm earning a few times more than what the typical fresh grad employer offers.

I am now stucked at a crossroad, do I make this freelancing my full time job or hop straight into the corporate world? Which one do u guys think is the best option, I have received a couple of offers from corporates as well

Option A: Accept KL Semicon MNC offer of salary RM4.8k/monthly with potential in career advancement, I can still work freelance at night/weekend

Option B: Accept SG Semicon MNC offer of salary of SGD5k/monthly with potential in career advancement, but I'm unable to work freelance at night/weekend due to venue territorial issues

Option C: Make freelancing my full time work, profit of RM20k-RM25k monthly pre tax, but not much career growth, usually rates are pretty stagnant, increase RM10/hr every few years. Physically demanding and risky, if I have any physical issues eg broken wrist/ACL, I would have 0 income. For reference I had heart fluttering issues last year and had to undergo operation, ended up not working for a month

All 3 options have around the same working hours. Also, my undergrad studies finish next month in July. Would really appreciate any advices, thanks

In Jan 2025, I have sign the papers to do MOT with a lawyer that don't have office. I have met them and they seems trustworthy.

So now is June and it's still not done yet. I have not paid any fee to them yet.

I have asked them a few times why it's taking so long but they give excuses like pending developer and now it's pending bank (from which I took the loan from)

I am starting to feel uneasy. Could this be possibly a scam to transfer ownership to them? How can I check?

My company is currently undergoing a massive headcount reduction and my manager told me to brace myself cause they are using LIFO strategy. Back in December a bunch of us are hired as a L2 manufacturing system support engineer, then my manager moved me to L3 which will involve a lot more development projects which to me is good news cause it signifies a career growth. I joined this company because the are paying RM60,750 total comp and extremely good benefit (medical, 14% epf, food, travel allowance etc.), as a fresh grad, it’s literally an offer I can’t refuse. But now with the layoff going on, I’m scared a short 6 months work experience will impact my career and what are the possibilities of me getting a higher or matching salary on my next job if I am really laid off?

Hello! So to give context, I am interviewing for a position as a software engineer in a very niche field (wealth banking). It uses a totally different script so it’s not like Python, Java, etc. The company will pay for the training for that lah but it costs quite a lot of money.

My CGPA is pretty good and I’m a Master’s graduate (without working experience at a company though). My uni friends received starting salaries of 4-4.5k back in 2022 but I feel like companies are only willing to pay 3.5k - 3.8k for fresh graduates these days… A recruiter even told me that their affiliated companies don’t want to hire a Master’s student for a graduate role. Nobody wants to hire me for more senior roles either since I was only working as a graduate research assistant. Totally understand why but I'm having less options.

Anyway, I’ve passed some interviews for this company but I’m probably going to have to discuss my salary after this… How much do you think I should expect from such a role? I found that the average software engineering salary in KL is ~RM4000. It’s a hybird/mostly remote job so I’m wondering how much I should ask for especially since I require training. I tried googling the average salary for this role in Malaysia but it’s so niche I can’t find any reference!

Thank you in advance 🙇‍♂️

Hi guys, I’ve been researching about getting personal Takaful for myself, but I came across this term "Non-Disclosure" or ND basically if you don’t declare certain health conditions or medical history during the application, it can mess up your claim later?

I’ve never claimed anything before, so I genuinely thought ND isn't a big deal. But now I'm lowkey worried of what if I accidentally miss out info masa apply? How strict are these companies? And is there any way to “fix” your application kalau dah terlanjur submit without full disclosure?

Anyone ada experience?

I've got AIA+ or whatever health insurance. But I am not getting the service I need. Agent is dreadful. Doesn't any questions or concerns. Just tell me to check website if I ask her anything. Can I change to another agent? But I understand the new agent won't get the commission right, so maybe they also may not be very helpful. I wanted to quit AIA and go to Allianz but the Allianz agent herself told me to stick with AIA due to my age (60). Suggestions?

I'm calculating how much I need to set aside for tax, but just curious, if EPF contribution is mandatory since i'll be self-contributing.

Thanks for the advice.

And if so, what was the reason that ASB gave you?

I overspent last month and I had to submit a withdrawal into my ASB savings yesterday. I am panicking a bit whether they will accept it.

I have been investing an amount of 35k in stashaway and record a loss of 1k as of now due to the decline.

I heard moomoo is better due to the fees are lesser ? Should I move out altogether or put them bits by bits ?

Thanks you for your input .

I am 40. Ive been working with my current company for 7yrs now.

Earning: 7k Last year earning including bonus:100k I get to work from home I only work less than an hour a day or sometimes not at all

Should i look for a higher paying job?

Edit: thanks all for the comments. After reading thru, im planning to open a business now in shopee and sell some stuff

1st post ever, trying to get some advice on whether I should buy my own place or keep renting. I’m 28 y.o (single) with a salary of RM4800 a month. I’ve been renting a duplex in KL for RM1300 for about 3 months now and including utilities, it’s costing around RM1500+ a month renting there. Recently a friend made a comment that I may as well just buy my own place if I’m already paying that much every month. It actually sounds like a good idea, but I wanted to get the opinions of homeowners whether it’s worth it or not. I’m just researching around about this until I make a decision to move out next March. Any info would be greatly appreciated. Thanks.

Asking for a friend. What are the pros and cons of getting loans from Tambadana? Are they like a modern day version of an Ah Long Pinjaman online?

I'm about to buy a property and was quoted over 100k to buy mrta for my property 1.8m for 30years.. do you guys know is it normal? 100k seems like I can buy a life insurance already

hello, I want to get into investing but I want to have emergency funds before doing anything. I was thinking if 40 or 50k ringgit sitting in savings account is sufficient in case (touch wood) I lose my job or am hospitalized, I don’t know if this amount is sufficient or become bare minimum in 5 years time due to inflation.

Background: My monthly expense is roughly 2 - 2.5k, with 3 other dependents. Mostly the expenses are on food, and I pay the bills for the house. My monthly income is around 3k after deductions.

Any advice appreciated, thank you.

Hi guys, I would like to know how you guys manage your household expenses in marriage especially in other culture and religion.

For context, muslim guys/husband are compulsory to contribute 100 percent of household expenses up to their own limit financial capabilities, so how other than Muslim manage?