Financial

Have you been noticing the prices of essential items such as food and fuel increasing? Rising inflation, an increase in the prices of goods and services, is affecting Malaysia today. The threat is expected to lower purchasing power for most Malaysians. During uncertain economic times not only in Malaysia but also the world, it’s important to know how to protect ourselves against inflation. Here are 3 effective ways to do so.
Source: Giphy
Revise your budget
Here are three things you need to look out for in your budget during high inflation:
a) Try prioritising paying off debt. It

We take steps to live a healthy lifestyle and minimise our risk of serious illnesses, but none of us can completely prevent them. According to the Department of Statistics Malaysia, terminal and critical illnesses exceed 40% of all deaths in Malaysia in 2020, highlighting their ever-present threat across the country. In insurance, the terms critical illness and terminal illness are often used. But what are they, and why are they so important to be aware of not only when it comes to our health and wellbeing, but also in terms of insurance? We will also explore why it’s important to get insured

Source: Schitt's Creek
The purpose of having insurance is to protect yourself and your loved ones financially in case of unexpected events. Should something unfortunate happen to you, it’s important your loved ones are able to receive your policy’s payout fast and with no hassle.
To ensure this, you must make a nomination for your policy, and there are a few important things you should be aware of about the nomination process so that you select the right individual(s) to receive your policy’s death benefit.
Who can I nominate, and how?
You can nominate any individual, either

There are some misconceptions about insurance that continue to persist to this day. These misconceptions have magnified the burden of many uninsured people who face major health and physical challenges.
Don’t let false beliefs prevent you from getting the financial protection you need.
We debunk five of the biggest and most common insurance myths out there:
Source: Katy Perry
MYTH 1: I’m young, healthy and single with no dependents, so I don’t need insurance
Fact: Insurance may seem unnecessary when you are young, single and in good health with little to no debt. But keep in