2024: Money Goals, Get Hype! 🇲🇾
FINANCES
2024: slay your money goals like a #MalaysianBoss 🇲🇾
Let's make 2024 the year you CRUSH your finances! This guide's got you covered:
✅ Credit Score Magic
✅ Mastercard your Spending
✅ Budgeting Blues?
✅ Life Changes?
✅ Investment Guru
✅ Bonus: Checklist your way to financial victory!
Yo, peeps! New year, same hustle, but this year we're leveling up our finances like bosses!
Remember the whole COVID rollercoaster?
Yeah, it taught us one thing loud and clear: having our financial ducks in a row is crucial.
So, let's ditch the stress and make 2024 the year we crush our money goals.
First up: credit score magic ✨.
This number tells lenders if you're "payback pro" or "ghost town ghost."
The good news is, you can boost it!
Pay bills on time (adulting 101!), use a credit card responsibly (think rewards, not ramen for a week!), and keep your credit use low (think sharing your pizza, not hogging it all).
Remember, patience and responsibility are your besties here.
Next, unleash your inner credit card ninja!
Find a card that matches your vibe, whether it's cashback for boba runs or points for that dream vacation.
The RHB Shell Visa-i card sounds lit with its 800 million ringgit back, but don't be afraid to mix and match with others like HSBC Amanah (research is key!).
Remember, though, that credit cards are powerful tools, so use them wisely, pay bills on time, and adjust your card family as your life changes.
Don't just cancel willy-nilly; consider things like credit usage, account age, and sweet promos before saying goodbye.
Budgeting got you feeling blue?
Time to revamp that baby!
The 50/30/20 rule is a classic (50% needs, 30% wants, 20% savings), but don't be afraid to tweak it to fit your life.
After your budget breakdown,
It's emergency fund time!
Make sure it's enough for unexpected bumps in the road, and explore options that give you more bang for your buck than that dusty piggy bank.
Life changes? Takaful adapts!
Getting hitched, expanding your fur family, or climbing the corporate ladder?
These milestones might mean adjusting your takaful coverage. Term life takaful is a budget-friendly way to boost your protection, and don't forget about home, pet, or other coverage that fits your evolving needs.
Ready to invest like a boss?
Before diving in, check your risk tolerance and investment horizon (basically, how much risk you're cool with and how long you're investing for).
Younger investors can often be bolder, but research is key!
Look at past performance, fees, and industry trends to find opportunities that match your goals.
Think mutual funds, stocks, or even that hot new crypto everyone's talking about (do your research, though!).
Feeling overwhelmed?
Don't sweat it!
A certified financial planner is your financial guru.
They'll help you navigate the complexities and create a plan that rocks.
Compare packages, find someone who vibes with you, and get ready to level up your financial game.
Psst, we know a few people who are certified financial planners. Just contact us!
Bonus tip: create a checklist!
Tracking your progress throughout the year makes things easier and sets you up for financial victory in 2024.
Remember, it's all about progress, not perfection. Let's go conquer our financial goals together 🇲🇾!
Disclaimer: This article is for general informational purposes only and does not constitute financial advice. Please consult with a qualified financial professional before making any investment decisions.
