Hello Grasshoppa, Recently, I delved into the latest appendix released by KWSP on EPF statistics. As a proud Malaysian and an EPF member, these stats spoke volumes to me. Here’s what I think after taking a deep dive into the numbers. The main target age group I will be discussing is 25-29, a period when individuals […]
Is EPF Account 3 Good for Malaysians?
Hello Grasshoppa, With the recent announcement of EPF Account 3 by KWSP, they have restructured & renamed each account from Account 1 to Account Persaraan, Account 2 to Account Sejahtera & new Account 3 called Account Fleksibel. The introduction has brought mixed feelings among Malaysians on the new changes. A look back at the previous structure […]
Is EPF Voluntary Self Contribution Better Than Fixed Deposit?
Hello Grasshoppa, There are lots of EPF features that have been introduced over the years & this is by far one of the best features by EPF for individuals that do not know what to invest in but want to earn higher interest than a fixed deposit. In Malaysia, we have been introduced to many types […]
Withdrawing Your EPF During The Market Uncertainty
Hello Grasshoppa, There are multiple debates that happened for the past few months by the current government & opposition about withdrawing EPF money for those who need fund to live through the challenging time like the current pandemic. Many of us are impacted by this pandemic in different ways & many have suffered from it. […]
How EPF Can Reduce Your Home Loan Principal or Monthly Installment Part 2
Hello Grasshoppa, In my recent post, I have shared How Can EPF Reduce Your Home Loan Principal or Monthly Installment Part 1. In today’s post, I will be sharing more updates of my personal experience on the process & how soon I actually got my EPF withdrawals. Just a quick recap, I went to the […]
How Can Malaysians Benefit From Covid-19 Economic Stimulus Package
Hello Grasshoppa, Recently I have learned a new skill where I can predict your whereabouts. I guarantee the you are reading this blog from home now. LOL. Yes, we are all at home due to the Movement Control Order (MCO) with an additional 14 days in line with the recent extension announcement by our Prime […]
How EPF Can Reduce Your Home Loan Principal or Monthly Installment Part 1
Hello Grasshoppa, As you all may heard before of how I struggled financially that I had to sell off my first house to pay my debt. After I cleared off my debt, I decided to buy another house. I just collected the key right after Christmas & I have came out with a 10 year […]