Ringgit and Sense

What’s the difference between a financial planner, advisor, wealth manager and money coach? How do you decide who is better for your financial needs? Sim Wie Boon unpacks this with Desmond Chong of the Malaysian Financial Planning Council.

What’s the difference between a financial planner, advisor, wealth manager and money coach? How do you decide who is better for your financial needs? Sim Wie Boon unpacks this with Desmond Chong of the Malaysian Financial Planning Council.

See omnystudio.com/listener for privacy information.

Earlier this year, credit reporting agency CTOS, in collaboration with Monash University Malaysia’s School of Business conducted a study looking into the state of consumer credit in Malaysia for 2022. The study found that the average credit score of Malaysian consumers stood at 678 points in 2022 which means that while most Malaysians will be able to qualify for a wide range of credit products, they may not be getting the best deals on the market.

So to run through the key highlights of this study, Sim Wie Boon speaks to Erick Hamburger of CTOS and Professor Dr Nafis Alam of Monash University Malaysia on the show. 

Image by: Shutterstock

Earlier this year, credit reporting agency CTOS, in collaboration with Monash University Malaysia’s School of Business conducted a study looking into the state of consumer credit in Malaysia for 2022. The study found that the average credit score of Malaysian consumers stood at 678 points in 2022 which means that while most Malaysians will be able to qualify for a wide range of credit products, they may not be getting the best deals on the market.

So to run through the key highlights of this study, Sim Wie Boon speaks to Erick Hamburger of CTOS and Professor Dr Nafis Alam of Monash University Malaysia on the show. 

Image by: Shutterstock

See omnystudio.com/listener for privacy information.

If you're a personal finance enthusiast, you would've heard of Financial Independence, Retire Early aka FIRE, a movement which encourages people to attain financial independence as early as possible, working hard, saving a lot, and cutting expenses extremely.

All this is so one can retire as early as possible, some even as early as 30. But in the backdrop of the pandemic and changing economic landscape, is this line of thinking still hot on everyone’s mind? Financial planner, Rajen Devadason shares his thoughts and why he thinks FIRE is a flawed strategy.  

If you're a personal finance enthusiast, you would've heard of Financial Independence, Retire Early aka FIRE, a movement which encourages people to attain financial independence as early as possible, working hard, saving a lot, and cutting expenses extremely.

All this is so one can retire as early as possible, some even as early as 30. But in the backdrop of the pandemic and changing economic landscape, is this line of thinking still hot on everyone’s mind? Financial planner, Rajen Devadason shares his thoughts and why he thinks FIRE is a flawed strategy.  

See omnystudio.com/listener for privacy information.

Continuing our two part episode focusing on scams, Ooi Beng Cheang of FPAM comes on the show again this time to talk about online scams. He shares tips on how to spot online phishing scams, what to do when you're caught in one and what you can do if you fall for one.

Image credit: Shutterstock

Continuing our two part episode focusing on scams, Ooi Beng Cheang of FPAM comes on the show again this time to talk about online scams. He shares tips on how to spot online phishing scams, what to do when you're caught in one and what you can do if you fall for one.

Image credit: Shutterstock

See omnystudio.com/listener for privacy information.

Last week, news came out that 73% of mobile phone numbers, equivalent to more than 21 million people in Malaysia, were leaked or sold to scammers. This is especially concerning given that the cases of scams have been increasing at an exponential rate here. In a special two part episode, Sim Wie Boon speaks to Ooi Beng Cheang of FPAM to understand how these scams work and how to protect yourself from them.

Image credit: Shutterstock

Last week, news came out that 73% of mobile phone numbers, equivalent to more than 21 million people in Malaysia, were leaked or sold to scammers. This is especially concerning given that the cases of scams have been increasing at an exponential rate here. In a special two part episode, Sim Wie Boon speaks to Ooi Beng Cheang of FPAM to understand how these scams work and how to protect yourself from them.

Image credit: Shutterstock

See omnystudio.com/listener for privacy information.