With the ongoing pandemic and the resulting economic crisis, small businesses are facing challenges just to stay afloat. As business owners continue to do everything possible to garner revenue and keep the business running, it is more important than ever to assess and optimize your business. Here are five ways to pivot your business and …
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has tabled the 2021 national budget at the Dewan Rakyat on November 6, which included many measures and initiatives targeted at assisting individuals in the current challenging conditions brought about by the COVID-19 pandemic. Many of these measures are targeted at easing cash flow issues and addressing concerns …
Nearly half of all fruit and vegetables produced globally are wasted each year. In the US, almost 30% of all food is thrown away, while the UK wastes 6.7 million tons of food each year. In Malaysia, figures show that 15,000 tons of food is wasted daily. It’s clear that food wastage is an international problem. However, …
Creating a budget is the first crucial step in managing our finances. Suffice to say, it can be said that budgeting is the basic foundation of every financial plan. Some people said that budgeting is a dreary task. In fact, most of the time we often give excuses for doing budgeting, and in the end, …
When we hear the word ‘sustainable’ and ‘economy,’ the two don’t seem to gel together perfectly. It’s hard to believe and imagine when the environment and the economy are finally collaborating to save the environment and prevent global warming well below the 2 C threshold. Economy, according to Greek means “household management” or the word …
The government just announced that all EPF members can withdraw their savings from Account 1 under the i-Sinar scheme. Previously, you had to meet certain requirements, like if you lost your job or got a pay cut, to get approval for withdrawing under i-Sinar. But from 8 March 2021, all applications for i-Sinar will be approved …
The diverse scope of tax reliefs provided by Budget 2021 will help maintain existing investments and also attract new digital investments which will benefit the people, the Malaysia Digital Economy Corporation (MDEC) said on November 7. Chief executive officer Surina Shukri said this would further boost MDEC-focused areas such as catalysing Industrial Revolution 4.0 (IR 4.0), digital creative content …
MDEC: Tax reliefs in Budget 2021 to attract new digital investments Read More »
With the devastating impact of the pandemic still looming over our livelihoods, more and more Malaysians are beginning to understand that financial knowledge has become a necessity for survival rather than an added competence. In an effort to impart valuable life skills to Malaysians through the launch of a virtual workshop, Finance Minister Tengku Datuk …
Paving the Way for Financial Resilience Amidst a Global Pandemic Read More »
As any developing country in the world, we often come across this. “Oh okay,” you would say. That is the danger right there. Okay. What is okay with you? The fact that it is the only rubbish that you see within this photo, or the fact that you’re not the one throwing it away? Surely you must have thought, “At least I did my part,” …
Getting out of debt is no easy task. Sure, you could spend less and earn more; but that’s not where most people find themselves. Instead, it takes a lot of hard work and commitment to make the problem go away. On some occasions, you might even find yourself needing professional help in the form of …
For many of us, the COVID-19 pandemic has caused a lot of money problems and put a significant strain on many families and businesses. Suffice to say, our global economy has been hit hard by this pandemic and we can all feel the impact of it. Due to this circumstance, we indeed confront various challenges, …
How to Cope With Money Stress Due to the COVID-19 Pandemic Read More »
According to Malaysia’s Financial Education Network National Strategy Report in 2020, 53% of Malaysians have savings enough for only three months’ worth of expenses. Only 29% realise the importance of saving money for emergency funds since the first Movement Control Order was implemented in March 2020. This further emphasises the importance of financial literacy. Set …
4 Simple Tips to Get Your Kids Practising Smarter, Savvier Money Habits Read More »