As you grow older, you may think about dividing assets to your adult children or designated beneficiaries while you are still alive. My sincere advice is, instead of dividing the assets and money, write a will with a reputable trust company and have them execute the will only upon your passing away. Reason being, I [...]
Distribution of assets and money often cause a lot of rift between the descendants. If the assets are distributed evenly, some may not be happy especially those who felt they should get more because they took care of the parent, etc, etc. If it is distributed unevenly, it often cause permanent rift and tension between [...]
The Chinese New Year celebration would be a quiet one due to the alarming rate of Covid19 cases hitting Malaysia. Perhaps you may find, for the first time in your life that your celebration would be quiet since you are not able to go back to your hometown. You may start to feel a little [...]
You would be able to manage your finance and save money if you have the least bank accounts as possible. Many people I know tend to end up with at least 5 different bank accounts (savings or current) from different banks. In the past, people end up opening bank accounts because of salary crediting, loans [...]
I have written about ways that Malaysians who are stranded overseas is able to receive money in my previous article, . How about if you are a foreigner who is currently in Malaysia (and even Singapore) and unable to return? In my opinion, the best (cost efficient) and fastest way for a foreigner to receive [...]
Due to international travel restrictions being enforced worldwide, many Malaysians are still not able to return back to Malaysia. Some who are studying or working overseas with valid visa/permit who scheduled travel back have to cancel their plans. This also caused many to be stranded overseas with money quickly running out. What is the best [...]
The current uncertain times are pushing many to explore alternatives to earn a living. There are unprecedented number of websites, blogs, YouTube channels and online businesses that are being started. Many online creators, YouTube channels are promising the moon and the stars and that ‘you can leave your crappy job and do what you love’ [...]
If you plan to take off to travel or leaving the country/state for sometime and have a car under your name, you may try to figure out what to do with your car. It is better to sell it, lend it or if no one else wants your car, then to scrap it? 1. Selling [...]
Lately I am contemplating about writing more serious articles rather than the usual discoveries about places in Malaysia. I wanted to write this article to speak about my own experience and also to give you some fuel for thought in case you are considering to ‘upgrade’ to a new car. Everyone has a different take [...]
Recently, a friend of mine surrendered his 20 year old investment linked policy which he signed up around the same time as mine. I came to know about this because his agent was trying to persuade me to surrender mine as well. I mean, it sounded totally logical because for the same premium that I [...]