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Almost all of us have taken on debt. Taking debt can help build wealth or increase income over time. Examples of good debt include mortgages, student loans, and small business loans. But debt that becomes challenging to pay off poses a long-term challenge to your finances. According to economists, as of the first half of 2021, Malaysia’s household debts are still at a worrying trend. Here are ways to pay off debt fast without forfeiting your other important financial benchmarks such as a healthy emergency fund or retirement savings.  ​ Source: Tenor Pay off the smallest debts first
We’ve all heard “save more, spend less” for a healthy wallet. There are obvious things that drain our wallets like rent or vacation, and then there are the little expenses. If the little expenses frequently go unnoticed, they will eventually cause a surprise when you check your bank balance. ​ Source: Garfield Eating outside food too often It can be difficult when Malaysian food is so good! However, we should try to fully utilise the hundreds of Ringgit spent on groceries. Use them for cooking. If dining out becomes a daily routine, even regular dine outs can quickly add up. With food
Source: RCA Grocery shopping is a significant expense for many of us. According to a 2019 report by Nielsen, Malaysians on average spend over RM460 a month on groceries and household items.     Whether you’re a student or a parent trying to cut costs, we could all use some tips on how to make wiser grocery shopping choices. Here are 5 ways to save more money on your next grocery run: Source: Giphy 1. Have a budget in mind  A budget is a must if you are serious about reducing your grocery bills. Start by tracking your spending to see where your money is going. This