Category

Money Management

How Much I Spend On Beauty

Sara of Jewelpie.com recently published how much she spent on beauty products. Loved it and was immediately inspired to show mine too!

To be fair, I don’t have a specific category for beauty costs. Most of the time they’re chucked in either Misc Needs or Misc Wants. If I needed those things urgently for an event or something, they’re logged into Misc Needs. If they’re just things I randomly picked up due to shopping mood, then they’re under Misc Wants.

Unlike Sara, I don’t know how much I spent on beauty annually. It fluctuates a lot – most of the time I keep it simple and spend very little, but I also did a RM3,600 dermafiller injection procedure, so that throws the whole annual average out of whack.

Doing things a bit differently, I drew out in my notebook: beauty expenses I spend on with the price range, what I splurge/skimp on, a frugal beauty habit, guilty pleasure and a beauty wishlist.

How Much I Spend On Beauty, A Visualisation

Analysing my beauty spending, I can see I prioritise services more than products. I am most satisfied by the more expensive ones, with the sole exception of eyebrow shaping – the eyebrow threading at Indian beauty shops are amazing and cheap, love them.

As for my makeup, it’s usually quite minimal. I only splurge on two things: sunscreen and eyeliner. Everything else I use regularly – face powder, eyebrow pencil, blush, lipstick, etc – is either cheap drugstore brands or gifted. I used to buy and use moisturisers, but now my skincare routine is mainly face masks + serum samples. Those little packs lasts for a surprisingly long time! I love getting them.

Do you know how much YOU spend on beauty expenses? What are beauty products or procedures you can’t live without? What’s in your wishlist, and what’s your guilty pleasure? What do you splurge and skimp on? Share with us!

Also, let me know what you think of the drawing! Don’t know if I should continue making more graphics and showing my notebook entries. See if this post got love or not ūüėõ

Money Emergencies and How They Eff Up My Budget

money emergencies

I track my spending. All of it. In an app. Each purchase gets categorised – for example, rent money goes under the ‘Rent’ category and Tesco bill goes under the ‘Groceries’ category.

One of the categories is ‘Misc Needs’ – things that I have to buy anyway, but they don’t occur often enough to have their own category. They tend to be ‘money emergencies’. For example, things I have to fix or replace. But they’re also things I *have* to do, like haircuts.

I just want to share my observations about my spending patterns in this budget category.

Observation #1:¬† I think I’ve somehow upgraded my lifestyle in 2017

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10 Stupid Purchases I Made in the First Six Months of 2017

I’m a personal finance blogger. I am NOT a personal finance advisor. Have to make this clear, because the former is (too-err-is-to) human while the latter is a collective of best practices taught in an educational setting.

In this post, I thought of a way to show you guys that I make stupid decisions when it comes to finances too: I’ll show you my own. Hopefully you’ll show me yours in the comment, make me feel a bit less stupid.

Here are some stupid purchases I’ve made between January to June 2017.

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How to Digitally Protect Your Money – A Checklist on Digital Security in Malaysia

digital security in malaysia

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.

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Explaining Snowball Method, The Best Way to Pay Off Debt

snowball method

Dave Ramsey is a popular author and radio host in the United States. He gives solid money advice.

One of it, which I 100% agree with, is the Debt Snowball Method – a loan repayment plan for people who owe money and overwhelmed by it. Find the original explanation in his website here, written for the U.S. audience.

What I’m going to¬†try do is to explain the Snowball Method in a way that is relatable to us Malaysians. So you can use it to pay off your debt, or advice someone about it.

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33 Thoughts on Paying Zakat in Malaysia

 paying zakat in malaysia

Disclaimer: Not a zakat expert. If any info is wrong, please help me learn by commenting (EDIT: all corrections added as EDIT in this article)

As a brainwashed Muslim (I say this with a bit of both resignation and pride – it’s a very odd feeling), I’m generally OK with paying zakat in Malaysia.

I accept it as a responsibility, plus I believe it’s a way for me to ‘cleanse’ my earnings. I was told early on that as much as I try to generate halal income, some of my money will not be halal due to imperfections of the system.

Here are my thoughts on paying zakat in Malaysia. I littered this with plenty of my own questions as well, but I hope it’s useful for you guys.

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How I Will Be Managing My Money During Trump Presidency

 money during Trump

Like many people around the world, I’m disappointed by Trump’s win in the U.S. elections. Personal reasons aside, what’s done is done. But as it stands, the ripple effect of Trump’s presidency will be felt worldwide, even for us Malaysians who literally live halfway across the world.

My personal opinion is that¬†Trump’s selfish America-first¬†privileged white people-first economic plan won’t work, and even if it did, it would be to the expense of the rest of us global citizens. A group of 370 economists – including not one, but¬†eight Nobel-prize winners¬†think that his plan is crap, too.

Still. If we can’t change his plan, we can still plan around it, until a better U.S. president comes along.¬†This is how I plan to manage my money during Trump presidency for the next four years. I divided this post into three aspects of money management: spending, investing and earning money.

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