Personal finance is so… so… BROAD, isn’t it? We come from all kinds of backgrounds and have all types of interests and go through all sorts of life circumstances. Looking for specific answers can be tough. Sometimes you don’t know what you don’t know – not even the search term for it. I have suggested Reddit as a resource page before, but the sheer amount of available information can be enough for some people to go, ‘nope’ and close off the tab.
That’s a shame, because one of the best ways to learn about personal finance is to learn from the Reddit community. The most useful information get the most upvotes – so you get to save time by reading only the best of the best as determined by those personal finance subreddit community members themselves.
Even though r/PersonalFinance has a lot of members and contributors, I wouldn’t really recommend it and some other subs to Malaysians as many topics are specific for the US crowd. The r/MalaysianPF community, on the other hand, would be great if it wasn’t, um, dead.
BUT. There are other personal finance subreddits that you can explore. They will help you save, spend, invest and manage your money better – for a variety of occasions. Here are 25 of them.
This is a follow-up to my Bitcoin FAQ article. You need to understand bitcoin first before diving into other types of cryptocurrencies. If you have not read that, you might find this confusing, so read that first.
This article looks at cryptocurrency and altcoins from a more ‘investor’, rather than ‘tech’ point of view. If any info here is wrong or outdated, please let me know by commenting.
Happy Ramadan! Let’s get straight to the point – my two sisters are both online boutique owners and OUT OF THE GOODNESS OF MY HEART I’m dedicating this post to promo their stuff (but both of you still owe me a favour for this rofl).
Note: If you’re trying to save money, please skip this post. If you were looking for Raya baju anyway, scroll on 🙂
1.5 years ago, I switched from paid employment to self-employment. It’s been great. I have earned up to 4.8x my previous monthly salary.
My exercise journey also started more or less the same time. From the peak of my weight, I’ve lost about 28kg so far. I know BMI (Body Mass Index) isn’t the best indicator, but I’m finally in the ‘healthy’ range. As someone who has always been ‘the fat one’ since primary school, this is a pretty big achievement. I’m crazy proud of myself.
It can’t be a coincidence. I think exercising and healthier living choices did impact my career and income, for the better. This post is a jumble of self-reflection on this correlation.
Hacking. Ransomware. Phishing. It’s a scary time for all of us, especially now that most of our money is digital. ‘Digital’ here refers to money and assets that are reflected in your various banking and investment platforms when you log in.
Digital security is not something you can ignore anymore, dear readers. Imagine logging in one day and finding that your account balance is zero, depleted, transferred out. You’ll stare at the screen in disbelief. You’ll check if the account is indeed yours, and try to remember if you made any transactions that you forgot about (you didn’t). Then, as the panic seeps in, you’ll contact the platform’s support team, only to be told that there is nothing they can do.
To the best of my ability, I’m compiling a checklist of things you should do to make sure your digital money is adequately protected. This article is not complete, digital-based scams evolve all the time, so please help me to update this article if you have anything else to add.
Investment is such a loaded word. It covers a wide area, I guess similar to the word ‘science’. If you’re not from that world, reading content about it is likely to make you confused at some point or another. You need A to understand B to understand C to understand D. This is why beginners find investing intimidating in the beginning.
What I’m going to attempt in this article is to kind of explain those investment terms using analogies, examples, and memes. I’m covering: Technical analysis, fundamental analysis, hedge, arbitrage, ROI, equity, options, futures, IPO, ICO, bull and bear market, and pump-and-dump.
Disclaimer: not a financial expert. If any of my personal understanding below is wrong, please comment and I’ll edit.
I really like these fintech products, and not even sponsored to say this!
Fintech = finance + technology. You probably use some of them (like bank apps). What I’m about to do here is to give my own take of how these fintech products in Malaysia are personally helpful for me. I’ve divided them into: products that save money, products that help with money management, and investment-related products.
Fintech products that save money
On 15 April 2017, I attended a full-day REITs Analysis Workshop, part of the Bursa Investor Education Workshop Series where they talk about different investment vehicles and investment strategies. REITs stands for Real Estate Investment Trust. For other Bursa Malaysia-organised events, see here.
It was presented by speaker Chua I-Min from ShareInvestCoach.com, a Singaporean financial planner specialising in fundamental analysis (I’ll explain this term too). I think the speaker did a great job in breaking down all the jargon into digestible information.
All-in-all, I learned loads. Here are 5 things I learned about REITs in Malaysia, because sharing is caring.