Ringgit and Sense

The Employees Provident Fund's (EPF) will open the new Shariah-compliant savings scheme for registration on Aug 8, 2016. RM100b will be offered for this scheme on a first-come-first-served basis. EPF says that this scheme is “Open to all who are required and eligible to contribute regardless of religion, race and nationality.” We look into factors you should consider in making this dec...

The internet economy is alive and kicking and the future looks good for people looking for alternative ways of making money that is beyond the standard employment contract. Grab and Uber are the most popular ride-sharing apps which offer an option for stable incomes for driver. See omnystudio.com/listener for privacy information.

Should Malaysians studying in the UK buy the pound now? Should anyone buy the pound now? Also: The financial planner's views on shopping addiction See omnystudio.com/listener for privacy information.

What does it mean to have a career change of mind? And what does it mean to have it in the middle of a bonded study debt of RM58,000? See omnystudio.com/listener for privacy information.

Can you be your own insurance agent?  Cost savings would be a very compelling reason to do it -- the more you save, the more flexibility you have in managing your finances. However, it's important to also consider if you’ll lose out on good advice without an insurance agent. Jared Lim, Managing Director of Loanstreet.com.my talks us through both sides of the argument. See omnystudio.com...

Data plans for our smartphones have become a fixed and unavoidable spend. We look into some ways on how to have more bang for your data buck. See omnystudio.com/listener for privacy information.

We can find a lot of wisdom in old sayings. Idioms like ‘money makes money’ and ‘save first and spend later’ come to mind. Today we talk about “Cash, capital and courage” where we dig deeper into how some of these age-old ideas can lead to financial freedom. See omnystudio.com/listener for privacy information.

How real is over-insuring? I've lost all my profits in the short term, should I abandon the idea that investing should be long term? Are FDs the way to financial freedom? What are the advantages of ETF investing and how to do it? See omnystudio.com/listener for privacy information.

Insurance policies are too important to not understand what they are all about. We fulfil your burning desire to know what exactly is meant by terms like term insurance, whole-life, endowment, investment-linked and riders. See omnystudio.com/listener for privacy information.

Detailing all your expenses and deciding whether you can cut the list down is not stating the obvious in this age of conspicuous consumption and living beyond your means. See omnystudio.com/listener for privacy information.

It's well known that education can cost a lifetime of savings. The inconvenient truth to this is that parents risk under-funding their retirement. See omnystudio.com/listener for privacy information.

In Ringgit Ring-In, your personal financial questions are addressed by a qualified financial planner. This episode we answer questions about savings versus investing, and how under-30s can get on the property ladder. See omnystudio.com/listener for privacy information.

General insurance is often overlooked as the main focus is usually on life insurance. This is risky since healthcare risks and costs are rising. We also explore how you can get coverage for an inability to service home loans. See omnystudio.com/listener for privacy information.

Starting the savings habit young is an undeniable advantage but understanding why that is needed takes it one step further. See omnystudio.com/listener for privacy information.

In this episode of our call in show, it's all about insurance. What is the right coverage amount? Should we insure for children and children's education? What is the lowdown on investment-linked policies? See omnystudio.com/listener for privacy information.

We bring the fashion discussion from last week further to talk about the role of casual Fridays, uniforms and updates on our wallets. See omnystudio.com/listener for privacy information.

Developments in fast fashion has liberated our wallets but is it just a case of buying cheap clothes or are there other considerations? Azura Rahman from BFM's Style File tells us how to do it. See omnystudio.com/listener for privacy information.

Your lifetime income is equal to what you spend on core goals and money wasted on things that take us further away from those goals. The equation gives us a big picture of the things that matter in life. Rajen also shows us how to estimate our lifetime income quickly. See omnystudio.com/listener for privacy information.

The government recently in the revised budget reduced employee EPF contribution from 11% to 3% of salaries. We get the lowdown of whether this reduced EPF contribution raises payable taxes.  See omnystudio.com/listener for privacy information.

In Ringgit Ring-In, your personal financial questions are addressed by a qualified financial planner. This episode we answer questions about EPF, PRS and their returns. See omnystudio.com/listener for privacy information.

The revised budget recently cut employee contribution to EPF by 3% points. This is an opt-out policy, which means that you’re assumed to be in this programme unless you sign out of it. We explore some financial planning aspects of this decision. See omnystudio.com/listener for privacy information.

What has come together let no one put asunder, so the saying goes. But if it goes asunder then it is practical to know how financial assets are split in a divorce or legal separation.  See omnystudio.com/listener for privacy information.

What if you had some amount of retirement money? How can you invest it in such a way that wouldn't tie up your funds so that you can have a regular income?   Or what if you had a property worth a lot of money? How can you use that to fund your retirement and at the same time continue to live in your home?   Deferred annuities and reverse mortgages are not products that are heard often in...

In Ringgit Ring-In, your personal financial questions are addressed by a qualified financial planner. This week we deal with saving your bonuses, property loans and credit card debts among other issues. See omnystudio.com/listener for privacy information.

Islamic-based financial products have been in the market for years now and increasingly gaining traction around the world. This may already be general knowledge for some but we revisit the differences between the two investing methods.   News: The curious case of the RM12.50 lemon water The benefits of valuing time over money Weak ringgit affects healthcare costs See omnystudio.com/listener f...