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malaysia

20 ^th
March

How Zero Waste Malaysia Helps Me Save Money (& the Environment, A Little Bit)

Posted by Suraya - 2 Comments

Confession: I entered the zero waste world a few years ago for its money-saving potential.

It’s been great. The communities are helpful, warm, encouraging. I had fun testing and trying out new lifestyle changes inspired from members of the zero waste community, sustainable living community, low impact community and so on. Among others, they encouraged me to:

include more plants and grains in my diet,
use a menstrual cup,
carry my reusable water bottle when going out,
stay car-free,
keep used coffee grounds to use as fertiliser,
significantly reduce my fast-fashion shopping,
and even helped me stay smoke-free (no more cigarette butts waste!)

13 ^th
March

Selling Online in Malaysia: My Book Sold Well So Here’s A Case Study

Posted by Suraya - 11 Comments

In February 2019, I released my first book, Money Stories from Malaysians Volume 1 after almost a year of working on it.

It made RM9.5k within 2 weeks.

… Actually, it made over RM10k. I received some generous donations as well. For example..

I hope all of you will get clients like this. They exist, I promise you pic.twitter.com/jglYyklVF6

— Suraya Zainudin (@surayaror) March 4, 2019

I know. I didn’t believe it at first. Just stared at that text for a long time, digesting what just happened. And that’s not the only donation I received too. Including this amount, I can safely say that I’ve recovered all upfront costs, and then some.

To show you my gratitude, I would like to break down the details and behind-the-scenes of selling online in Malaysia in this article. My product is a book but you can apply the knowledge to anything else. Hope it’ll be useful for you, for your own ecommerce shop (now or future).

#1 – Calculating cost price – Beyond the printing cost

11 ^th
February

Link Roundup #20: 10 Things to Know This Week

Posted by Suraya - 2 Comments

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. 7 Ways To Deal With Burnout, According To Science – Bustle

“There are.. three main elements to burnout: “exhaustion, cynicism (less identification with the job), and feelings of reduced professional ability.”

06 ^th
February

[SPONSORED] I Asked Hard Questions to the CEO of Funding Societies Malaysia

Posted by Suraya - 14 Comments

What does Mr-Stingy, Dividend Magic, KC Lau, Blackbelt Millionaire and myself have in common? Aside from the fact that we all maintain websites with personal finance content, that is.

All of us do P2P financing as one of our investments. We lend money to companies.

In particular, and most strikingly, all of us chose Funding Societies Malaysia as the P2P financing platform of choice (note: referral code. You get RM50, I get RM50).

My experience with Funding Societies Malaysia so far

(scroll down if you just want to read the interview with Kah Meng)

When Funding Societies Malaysia contacted me for a collaboration opportunity, I was excited. I was already an existing user, with RM10,000 in my account.

30 ^th
January

How My Dream Home in Malaysia Would Look Like

Posted by Suraya - 8 Comments

I’d like to introduce to you one of my favourite books in the world, New Aging: Live smarter now to live better forever by Matthias Hollwich with Bruce Mau Design. Found it at the Big Bad Wolf Booksale some years back for RM12. One of the best purchases I ever made.

New Aging is a guidebook to optimising how we live, how to design our lifestyle so that we encourage lifelong happiness, productivity and self-development. I used to fear the ageing process (as we all), but this book helped me reframe that thinking, and even develop a positive attitude towards it.

14 ^th
January

12 Malaysia-Based Personal Finance Twitter Accounts to Follow

Posted by Suraya - No Comments

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 excluded other 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!)

07 ^th
January

Link Roundup #18: 10 Things to Know This Week

Posted by Suraya - No Comments

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. This Is What Life Without Retirement Savings Looks Like – The Atlantic

One of my biggest fears in life is being forced to work to cover my living costs when I’m old and in pain. This article interviews people who are exactly in that situation.

Read the article, then note how you feel. For me, it was fear, helplessness and renewed motivation to work my ass off while I’m still young – in that order. If I have this much time to plan, I don’t have any excuse for letting the worst-case-scenario happen to me, do I?

31 ^st
December

7 Financial Predictions I’m Making for 2019

Posted by Suraya - 8 Comments

For the last article of 2018, I thought I’d compile some financial predictions for 2019, based on what I observed in 2018.

Prediction #1 – The e-wallet race continues on

19 ^th
December

Link Roundup #17: 10 Things to Know This Week

Posted by Suraya - No Comments

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. The e-wallet infinity war in Malaysia – Everything you need to know about e-wallet starts here… – ecInsider

First of all, the article’s accompanying image though hahahahhahahah:

The image kinda describes the e-wallet scene in Malaysia right now – there are so many players that you can’t help to wonder who will ‘disappear’ and who will make it in the end. The author’s predictions, backed with pretty solid arguments – is #5 as listed in its table of contents.

The dawn of the e-wallet infinity war
Does e-wallet provider need a license in Malaysia?
What is BNM’s policy on e-wallet?
Who are the e-wallet providers in Malaysia?
Which e-wallet providers will stay in the long run?
Will Malaysians use e-wallet?
Understanding e-wallet 1-2-3
Why should retailers & etailers care?
How to differentiate Static vs Dynamic QR payment?
Who will win: network-based or card-based e-wallet?

There’s a link in the article, right near the end, which points you to the e-wallets in Malaysia Facebook community. I’ve personally learned a few e-wallet-related money hacks from the group, can recommend *thumbs up*

E-wallet deals also appear a lot in BestDealsMalaysia.com.

10 ^th
December

[SPONSORED] What Rich Malaysians Do With Their Money (That You Don’t)

Posted by Suraya - 4 Comments

According to the Department of Statistics Malaysia, the T20 in this country received 46.2% of overall income share in 2016, while the M40 and B40 received 37.4% and 16.4% respectively.

Image credit to DOSM

Looking at the statistics, you can’t deny that rich Malaysians must know something that the rest of us don’t. I mean, the top 20% can’t have gotten almost half of all the income in Malaysia by accident.

I am greatly fascinated by the money mindset that the rich have. Not their lifestyle, mind you – looking rich is not the same as being rich – but their mindset: what they learned from their parents (if they were born rich) or from life experiences (if they worked hard to get there).

Here are some things that I’ve learned about rich Malaysians.

#1 – They buy time

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