Since I started Ringgit Oh Ringgit, I’ve been lucky enough to be approached by brands that want to work with me. I’ve done sponsored content for at least 10 companies now, including some pretty big names in the financial space.
Like I mentioned in my What It’s Like to be a Personal Finance Blogger in Malaysia article, I didn’t set out wanting to be a ‘KOL’ (key opinion leader), or an influencer of any kind. In fact, hearing people calling me a KOL/influencer is still weird. It only sunk in after a friend sat me down and berated the shit out of me. Thanks friend for the tough love approach, I appreciate it, even if you did call me some unprintable words.
So with that in mind, I thought it would be fun to write about my experience so far, and a little bit about influencers in Malaysia. Here are some things I learned.
#1 – Influencers sell attention, a high-value commodity
If you love personal finance as a topic but have not explored Malaysian Twitter yet, do I have a treat for you today.
Following my popular personal finance Instagrammers in Malaysia article, I thought I’d compile the Twitter version pulak. Here are some Malaysia-based personal finance Twitter accounts you definitely should follow. Note that I have intentionally excludedother personal finance thought leaders in Malaysia who don’t use Twitter as their main engagement channel (bloggers, Instagrammers etc). I also exclude Twitter accounts maintained by finance-related companies and media.
This names in this list links directly to their Twitter accounts and appear in no particular order. If I missed out anyone, do let me know (or leave a comment with a link to the profile!)
I built and launched this deal-finding platform in seven days, but had the idea since 2009-2010, when I was still studying in the UK. At the time, I was a big fan of HotUKDeals.com, ‘UK’s biggest deal-finding community’.
That’s not an exaggeration. HotUKDeals has over 3.5 million fans on Facebook. People really do love user-submitted deals that can be sorted by votes.
To be honest, I’m surprised there weren’t any existing equivalent of HotUKDeals.com in Malaysia. I’ve looked and searched for years, until finally decided to make it myself.
For those who (1) didn’t win or (2) missed this dateline, don’t fret – re-submit your entries for a chance to win RM5000 pulak!
How: (1) Play the quiz, (2) post your money personality and money-saving tip on your Facebook profile page, and (3) tag the Treat Your Money Right Facebook page. Make sure to use the hashtags #treatyourmoneyright #VISA #AKPK and set it to public. Submit your entries BEFORE OR BY 19 November 2018!
I HOPE ONE OF YOU ROR READERS WILL WIN THE RM5000 CASH PRIZE!!!
In conjunction with World Savings Day, VISA and AKPK are doing a financial literacy initiative called Treat Your Money Right.
(okay I cannot take all the credit but some la okay some)
(I’m not perasan they told me one)
You know where else money discussions are spilling over, aside from websites and blogs? Instagram. Yes, Instagram, the platform you log on to get jealous over other people’s perfect-looking lives (I’m not wrong).
So you can imagine how pleasantly surprised I was by the emergence this new trend, of Malaysians sharing about personal finance in their Instagram accounts (instead of the usual food, fashion, beauty, travel, etc). I love following them, and find them therapeutic – as I scroll down my feed, my bouts of envy is naturalised by money quotes and reminders to not spend money!
Here are 14 personal finance Instagram accounts that Malaysians should follow. This list is in no particular order.
EDIT: If you are a personal finance Instagrammer, and you’re not listed in this article, please drop a comment with a link to your profile 🙂
Aside from the above, I also want to feature some people in the zero waste movement who are leading by example. They prioritise DIY culture, consuming less and buying local & natural. We can learn a lot from them, and save a bunch of money in the process, too!
When Perbadanan Insurans Deposit Malaysia – PIDM for short – contacted me about doing a paid collaboration, I was confused. Unlike other sponsored post inquiries I get, PIDM has no products or services to sell. If anything, their services are (1) free and (2) automatic.
Then they told me their reasons. They’re to:
Promote awareness on PIDM’s protection services so that people are assured that their deposits, takaful and insurance benefits are safe;
Inform which financial products are protected to prevent scams by unscrupulous parties, and;
Let people know what they should do IN CASE their banks, takaful and insurance companies go bankrupt (stay calm, see #3).
So apparently – and I didn’t know about this before – there are people out there who scam your family and friends because they don’t know about PIDM?? That is horrible! And this is why PIDM wants to tell the public who they are and what they do!
So I said yes, and together we created this plain-English article about what PIDM does.
I’ve always enjoyed the discussions and comments, but always thought, oh sayangnya these comments will be lost in time in Facebook.
Then I’m like, what am I talking about. I have a website. I can compile the good threads in one place for easy reference! I’m compiling only the best of the best here, only the discussion threads with lots of quality comments.
Here there are, sorted by topic. Click to read whichever piques your interest, and go ahead and add YOUR comments in as well!
(p/s – blame FB for not able to easily show/read the comments section here. I tried.)
Topic: Frugal lifestyle
Bonus question: What mini-forum ideas do you have? Comment here (at the website’s comments section) – I can post them at the Ringgit Oh Ringgit Facebook page so more people can answer 🙂
Let me start with a TL;DR – FintechNews.my is organising Fintech Barcamp at Holiday Villa Beach Resort & Spa, Langkawi on 9-10th August 2018. Tickets cost USD 145 each (about RM580) and include the cost of participating in the event only.
According to FintechNews.my’s write-up, this event was organised to encourage a vibrant fintech community; they do not intend to profit from it. You have to arrange your own accommodation and transportation. You can purchase the tickets from Eventbrite.
If you want to make the event but concerned about total cost, you can:
Choose a cheaper accommodation (RM100-ish-per-night accommodation is possible)
Buy your flights now (last I checked, RM200+ return tickets from AirAsia are still available!)
Langkawi’s cool. If you want to extend your trip, check out my 4D3N budget Langkawi weekend trip article. I spent RM1239.47, all-in, including flights, accommodation, car rental, food, entertainment and souvenirs.
If there’s one thing I learned during this whole blog-writing journey, is that Malaysians are HUNGRY for fun personal finance content. Wow, you really like to hear stories, not advice! There are too many advice – no wonder people keep calling it a ‘dry’ and ‘boring’ topic.
So let’s change that. Let’s make personal finance fun to read and consume. GIVE ME YOUR SHORT STORIES SO I CAN COMPILE THEM INTO AN EBOOK. I’m offering cash out of my own pocket to all accepted submissions!
As someone who keeps gold and regularly checks the price, I thought I’d cover the gold price movement in the last decade. Here’s what happened to gold prices between 2008 until mid-2018. Think of this article as an explanation of the 10-year historical gold price chart below.
For the benefit of this article, I’ll use price of gold per gram, not per kilo. Most people track the price that way anyway (unless they’re from the US, in which case they use ounces).