Despite COVID-19 restrictions easing across the country, the economic fallout from the pandemic continues to be felt by many thousands of Malaysians from all walks of life. However, it’s also the perfect time to look forward and make sure your finances are stronger than ever to meet whatever challenges arise down the track.
Need an easier way to understand your finances? My Finance is a free-to-use feature within the Raiz app. It provides you with personalised insights and notifications on how you are spending. Spending is the other side of the equation when it comes to saving so by spending less, you can potentially save more…. Keeping a handle on how spending can help you meet your savings goals 🙂
The Raiz Philosophy is to invest small amounts regularly. While this can’t eliminate market uncertainty, the Raiz Philosophy can help manage it, and at the same time help you learn about the markets, build financial confidence or just save and invest in the background of life.
Markets go up and markets go down. This is completely normaland is known as market volatility or risk. The Raiz Philosophy is to invest small amounts regularly, even in falling markets as this can help you to ride out the downturns in the market and is one of the keys to having a healthier balance over the long run. This is the well-known principle of Ringgit Cost Averaging.
Either spend or saving, wealthy people tend to choose saving rather than spend when they receive money.
The distinction between rich and wealthy is that getting rich is just about the gathering of cash. It can travel every which way, and on the off chance that somebody who’s rich loses their cash, they may experience difficulty recapturing that or remaking once more.
Valentine’s Day is the opportunity to show your love to that special someone and how much they mean to you. There’s no doubt that something luxurious stays in our head for a long time. That is why sometimes people break the banks just for valentine’s Day.