Link Roundup #62: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. 3 Reasons Why People Don’t Engage a Financial Planner in Malaysia – MyPF

Sharing this because MyPF took the time to respond to my Open Letter to Financial Planners in the Get REAL Financial Advice: 3 Ways to Find Financial Planners in Malaysia article.

I’m sure being a financial planner can be frustrating sometimes. Bad/inexperienced people in the financial industry give bad advice, they get the reputational damage too. Tak pasal-pasal.

2. Personal finance advice relies on shame; what if we tried empathy? – CNBC

(Totally not talking of financial planners. More to bad/inexperienced insurance agents, financial consultants, whatever motivational coach dan sewaktu dengannya)

You should have saved money. You should have gotten a better job. You should have learned this sooner. You should have you should have you should have.

The outcome of this type of ‘advice’?

Eventually, June just gave up on getting professional help. “I decided I’m not going to talk to anyone else about this because I don’t need to be told what an idiot I am.”

3. Adam Grant: Stop Giving Advice and Start Doing This Instead – Inc

While we’re on the advice-giving subject… this is how to do it well. Use Adam Grant’s approach for all situation, not just financial-related.

“When people come to us for advice, we can resist the urge to give them a single recommendation.

People rarely need to hear our conclusion. They benefit from hearing our thought process and our perspective on the relevant criteria for making the choice.

The most useful advice doesn’t specify what to do; it helps people see blind spots in their thinking and clarify their priorities.”

4. BTS Fans Now Have New Way to Show Their Love: Buying Shares – Bloomberg Wealth

I’m not a Kpop fan, but this transgresses pop culture. An entertainment group, now as a public-listed company, with shares and everything? Not the entertainment company ya. The group. BTS themselves.

What a creative business model. I’m just wondering if the super fans who buy their shares are existing traders in the stocks market or people who are entering it for the first time.

Would you buy shares of your favourite artist, if they announce it?

5. It Took Divorce to Make My Marriage Equal – Glamour

I was 33, a mother of two, and bone-tired. I didn’t want the laundry and chores to be the rest of my life. I didn’t want to always be drowning in work and childcare and housecleaning and dinner, bearing the brunt of the labor.

I’d spent the past two years begging for help with the kids and housework, only to be told that I could just quit my job if it was all too much.

“It’s not too much,” I’d said over and over. “It’s just not all my job.”

This article is such a satisfying read. She said enough is enough, I’m no longer going to do the majority of housework and childcare, then went ahead and does what she needs to do to get a life she’s happy with. It just so happens that it involves a divorce.

6. Mr DIY’s IPO is the Only Thing That’s Not ‘Always Low Prices’ (Part 1) – Pelham Blue Fund 

Like everyone else, I, too, am watching Mr DIY’s IPO news with interest. Not because I want it, but because I, too, have seen evidence of Mr DIY’s hypergrowth in my area.

Here’s the first paragraph from Pelham’s article: The IPO is clearly overvalued, but you already know that. Reading this will not change your mind.

The rest of the article is similarly delightful. Go have a read. You’ll be entertained and learn a lot.

(If you’re completely new to that word, no worries. IPO is Initial Public Offering, the first time a company offers ownership ie shares of its companies to the public via the stock market. People keep an eye out for IPO listings as there are opportunities for Big Money™ to be made)

7. INVOKE Launches Meniaga, An E-Commerce Platform With Zero Commission And Fees  RinggitPlus

FYI TO SMALL BUSINESS OWNERS – Meniaga.my is a new ecommerce platform by INVOKE, with ZERO commissions and fees.
This is such a commendable thing to offer. Usually ecommerce platforms take 20-30% of the price as fee. That takes a lot of the profit margin away, especially for microbusinesses and individual traders.
You can download the app at:

8. 4 PIDM Benefits and How They Affect My Financial Decisions – The Money Magnet

Read up on how knowing PIDM’s benefits can help you make better financial decisions!

(P/s – If it sounds that I am pro-PIDM, you’re right, I am. There are scammers out there who charge people for ‘PIDM protection’ when in fact it’s FREE. Also they are among the first to engage with us personal finance bloggers, AND fairly compensate us for it. So damn right I will overshare PIDM here in RoR)

9. ‘I Keep Getting Rejected for Jobs I’m Perfect For!’ – The Cut

Why does it happen? Why were you not offered that job? But the interview went so well..?

It’s not like they’re going to tell you. Might as well you read this and find out the possible reasons.

10. A TikTok on how corporations claim tax deductions using YOUR donated money

Thanks to all Malaysians who confirmed that yes, this happens in Malaysia as well.

That’s it for this round, catch you next time! Want to submit a link you thought was great? Reach out to me on FB or Twitter.

To read past link roundups, please click here.

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