simpan.my
Financial Well-Being For Malaysia
WEBSITE IS STILL BREWING! STAY TUNED
WEBSITE IS STILL BREWING! STAY TUNED
Welcome to the temporary home of simpan.my. While we're building something exciting, here’s some financial advice that sounds wrong but feels right for a fresh grad in Malaysia:
Skip the RM10 Latte... or Don't: You’ve been told that skipping coffee makes you a millionaire. It doesn't. It just makes you tired. Buy the coffee, but skip the "lifestyle creep" that makes you buy a car you can't afford just to drive to a job you don't like.
Invest in "Stupid" Things: At 23, your biggest asset isn't your EPF; it’s your brain. Spend money on a weird course, a flight to a random country, or a book that challenges you. The ROI on "Self" is higher than any fixed deposit.
The 50/30/20 Rule is Boring: Try the "Future You" tax. Before you pay your rent or your PTPTN, pay the person you’re going to be in 10 years. Even if it's just RM50 a month into a high-growth fund.
Embrace the Red: Seeing the market go down isn't a crisis; it's a clearance sale. If you're 24, you want the market to be messy so you can buy in cheap.
Coming Soon: Simpan.my
Keep your eyes on this space.