save money Archives - Ringgit Oh Ringgit

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save money

27 ^th
January

5 Best Places to Save Money in Malaysia, Ranked

Posted by Suraya - 14 Comments

I heard that y’all have a problem with spending your savings away, is that right? Despite your best intentions to save money, that company’s marketing campaign caught you at a bad time and there you are, nursing the most horrible buyer’s remorse.

Note that I didn’t name this article, Best Places to Invest Money in Malaysia. It’s Best Places to Save Money in Malaysia. Emphasis on saving money.

Therefore, all the options in this list MUST either be cash or can be quickly converted/sold into cash without losing much value. In investing-speak, we call this ‘liquid’.

According to Google image search, ‘liquid investment’ is also a tap that drips dollar signs, coins and banknotes. I can confirm this depiction is 100% accurate.

With that clarified, let’s go ahead and rank the best places to save money in Malaysia. The ranking order is decided by myself, but let me know if you have opinions – open to compelling arguments.

#1 – Mutual funds, unit trusts and roboadvisory platforms without withdrawal fees or ‘locking period’

27 ^th
March

8 Rules to When You Should Splurge and When You Should Skimp

Posted by Suraya - 2 Comments

Many people try a variety of methods to save money, with varying results. But what they don’t realise is: while every little bit counts, a big splurge can easily offset those savings. I don’t know about you, but my brain justifies it like, “I’m already saving money via X, Y and Z. I can afford to make this more-expensive-than-average purchase”.

So I made a few rules of thumbs when it comes to where to splurge and where to skimp. It’s a very individual decision, everyone values different things but here are some of my ‘rules’.

10 ^th
October

[2020 Update] 50 Ways to Save Money in Malaysia, From Easy to Impossible

Posted by Suraya - 21 Comments

How do you save money in Malaysia? What works? What doesn’t?

I thought it would be fun to show you what I personally did to save money. Some were successful, some were not – I’ve listed what I’ve I tried, and gave them a rank: easy, medium, hard, and impossible.

Note: This is not a comprehensive list of all the ways to save money in Malaysia. I don’t know much about how to save money on home ownership, for example, or how to save money for families. Regardless I think it can be a good start 🙂

Ways to Save Money in Malaysia

23 ^rd
July

My 5 Rules to Make Beauty Products Affordable

Posted by Suraya - 1 Comment

I talk about money and currency all the time – things that are valuable; that has value. Beauty has value as well, and this post is all about that.

Makeup and skincare are something I took up seriously early on, but never really mastered. I’m still navigating this world. Some women are really good at it, and I salute them. If you don’t, it’s worth trying – wearing makeup (or at least good at grooming) may help you to earn more money, according to this research. There is financial benefit in being more attractive, so why not? Worth noting: the effect is similar to men, albeit a smaller boost.

I have 5 general rules when it comes to beauty. It may help you, it may not, but this is what helps to make beauty affordable to me.

30 ^th
April

My Experiment on Living Paycheck to paycheck

Posted by Suraya - Leave a comment

First off, here’s a cool infographic on sample budgeting if one earns RM3,300 a month, with no dependents. The infographic is brought to you by CompareHero! Recently, they published my article on Bitcoin Debit Card Guide for Malaysians, so I’m returning the favour 🙂 It’s not hard, because I’m a big fan of their infographics in the first place.

Related: I wrote about my own actual monthly budget when I was earning RM3,500 a month.

Scroll down for infographic. My experiment on living paycheck to paycheck is under the infographic.

08 ^th
April