1. More Financial Decisions (Adulthood)
With more financial decisions, we faced many commitments like settling debts, tangible purchases and even retirement planning. Since 2019, over 50% of Malaysians spend too much than saving their income due to their lifestyle. Once you have gotten your paycheck, always put 10% to 50% of it into your saving to avoid overspending and being in debt.
2. Savings & Investment
Savings and investments are great in a long-run but it tends to get quite complex. Ranging from property investment to cryptocurrency, one must know the value and commitment for a higher return. This will help many people in getting a side income and ideally to get an expert in this as there are pro and cons in it.
3. Financial Environment Constantly Changing
Get yourself updated with the constant changing of the financial environment from financial institutions and banks. With this, you are able to learn opportunities to increase your net worth value.
4. Countless Credit Facility
Countless credit facility means you have a handful of commitments and loan obligations. When you have too many commitment, you will find a struggle to pay off debts and eventually, it will reflect in your CTOS/CCRIS score. If you ever need financial help on this matter, you can send us a message and we will assist you within 24 hours!