Financial Pitfalls: Key Decisions to Avoid for a Secure Future

Hello Grasshoppa, In the complex world of personal finance, making the right decisions is crucial for long-term financial security. Unfortunately, certain common pitfalls can undermine even the best-laid financial plans. In this article, we’ll explore some critical financial decisions to avoid, helping you navigate the path to a more secure financial future. 1. Neglecting Emergency […]

9 Ways To Take Control Of Your Finances Immediately

Hello Grasshoppa, I often hear people talking about how hard it is to take control of their finances as they don’t know where to begin. Handling their finances can be too complicated which leads to multiple rash decisions made by them which can be right or wrong. For some, they drown themselves in debt & […]

Status & Wealth. Which Is More Important?

Hello Grasshoppa, I recently came across a social media post discussing the difference between Status Symbols and Wealth Symbols. This post prompted me to reflect on today’s society and the significance these symbols hold for many people. I also took the opportunity to introspect about my lifestyle. Below, I’ll explain what each set of symbols […]

How I Plan My Spending Around Touch’nGo E-Wallet

Hello Grasshoppa, Many years ago when I was writing about e-wallets, I endorsed multiple e-wallets of my choice such as Boost & GrabPay. When Boost started to launch & when they had their “shake” cashback, I was one of the biggest fans until they changed their rewards system which also led to the loss of […]

How To Prepare For Retrenchment

Hello Grasshoppa, For the past few months, we have seen many companies going through a job cut where many people are losing their jobs. To some long-serving employees, it can be a benefit for them as they can leave those jobs with a big fat compensation if they are getting paid fairly. That money can […]

This Is Your TWO Biggest Expenses & How To Save From It?

Hello Grasshoppa, Recently I stumbled upon data on American Household’s Average Monthly Expenses which shows that our TWO biggest expenses are house & transportation. Despite the data being based on Americans, this also applies to Malaysia since most of our biggest expenses revolve around house & transportation. To some of us, it is obvious but […]

Why Being ‘Fake Rich’ Can Make You Broke Later

Hello Grasshoppa, We may have people around us that put the extra effort to look rich just to impress themselves or the people around them. There are also people who “reward” themselves with luxury goods with a certain achievement or milestone by putting themselves in debt. Unfortunately, I used to be one of them. I […]

How To Have A Good Credit Score

Hello Grasshoppa, Credit Score is a score on how healthy your financials is based on your payment behavior and a prediction of how likely you are to pay a loan back on time based on information from your credit reports. It is based on your credit or payment history related to credit cards & loans. To […]

My 2023 Goal & What Are The Significant Changes Moving Forward

Hello Grasshoppa, In my last week’s post, I shared my 2022 wrap-up. In this week’s post, I will be sharing mainly my 2023 goals & what are my significant plans moving forward. Setting a goal & executing it is not the easiest task especially when life is unpredictable. No one actually knows what will happen […]

How Can Overnight Policy Rate (OPR) Affect Malaysians?

Hello Grasshoppa, Recently, Bank Negara announced the increment of the Overnight Policy Rate (OPR) by 25 basis points to 2.25%. This was an additional increment on top of their announcement in May 2022 from 2.00%. Since July 2020, our OPR was at 1.75% before it increased in the period of 2 months to 2.25%. The overall OPR […]