If you are able to apply the following 3 rules into your Personal Economy, congratulations, you have come to the next horizon after cash flow management, which is portfolio management.
1. Don’t let debt rise faster than income
Because your debt burdens will eventually crush you
2. Don’t let income rise faster than productivity
Because you will eventually become uncompetitive
3. Do all that you can to raise your productivity
Because in the long run, that’s what matters most
With a simple and luxurious lifestyle, you provide a roof over the heads of yourself and your family, food on the table, books, and of course bills settlement in case of any sickness. You need to believe that the basic lifestyle is not expensive. Always give and share as this makes you believe you have more than enough.
对于马来西亚夫妇来说，财务和谐是蓬勃发展关系的基石。虽然爱情、激情和情感联系构成了坚实的纽带，但财务兼容性在确保这种联系长久持续中发挥着关键作用。
财务分歧的普遍性
统计数据显示，财务分歧是导致关系压力的主要原因之一，常常最终导致离婚或分手。在马来西亚，有41%的离婚是由于财务冲突造成的，有25%的夫妇表示金钱是他们关系中最大的问题。这项统计数据来自马来西亚统计局（DOSM）2023年进行的一项调查。
For Malaysian couples, financial harmony is a cornerstone of a thriving relationship. While love, passion, and emotional connection form the bedrock of a strong bond, financial compatibility plays a pivotal role in ensuring the longevity of that connection.
The Prevalence of Financial Disagreements
Statistics reveal that financial disagreements are a leading cause of stress in relationships, often culminating in divorce or separation. In Malaysia, 41% of divorces in Malaysia are attributed to financial conflicts, and 25% of couples say that money is the biggest issue in their relationship. This statistic is from a 2023 survey conducted by the Department of Statistics Malaysia (DOSM).
马来西亚是东南亚一个快速发展的国家，其家庭的财务状况越来越令人担忧。统计数据描绘了一幅令人担忧的画面，突出了马来西亚公民普遍存在的财务挑战。
• 债务水平上升：令人震惊的72%的马来西亚家庭债务缠身，平均家庭债务收入比达到1.82。这种高债务负担对财务稳定构成重大风险，并阻碍家庭为未来储蓄和投资的能力。
• 储蓄不足：雇员公积金（EPF）的一份报告显示，只有45%的马来西亚EPF成员拥有足够的储蓄，可以在失业或收入中断的情况下维持六个月以上的生活。这种缺乏应急资金使家庭容易受到财务冲击。
• 财务知识不足：马来西亚理财规划协会（MFPC）的一项研究表明，只有42%的马来西亚人拥有基本的财务知识。这种缺乏财务知识导致财务决策不佳，阻碍了财务进步。
The Prevailing Financial Woes of Malaysian Households
Malaysia, a rapidly developing nation in Southeast Asia, faces a growing concern regarding the financial well-being of its households. Statistics paint a concerning picture, highlighting the prevalence of financial challenges among Malaysian citizens.
• Rising Debt Levels: A staggering 72% of Malaysian households are burdened by debt, with an average household debt-to-income ratio reaching 1.82. This high debt burden poses a significant risk to financial stability and hinders the ability of households to save and invest for the future.
• Inadequate Savings: A report by the Employees Provident Fund (EPF) revealed that only 45% of Malaysian EPF members have sufficient savings to sustain themselves for more than six months in the event of job loss or income disruption. This lack of emergency funds leaves households vulnerable to financial shocks.
• Low Financial Literacy: A study by the Malaysian Financial Planning Council (MFPC) indicated that only 42% of Malaysians possess basic financial knowledge. This lack of financial literacy contributes to poor financial decision-making, impeding financial progress.
“如果您还没有立遗嘱或生前信托，或需要更新但尚未这样做，那么您需要阅读有关遗产规划的信息”。
生前信托，又称可撤销生前信托或家庭信托，是一份法律文件，持有您的房地产和资产的所有权或所有权证书。当您创建可撤销生前信托时，您将您的资产所有权转移给信托，这通常称为“资金注入”。然而，当您转移所有权证书时，您并未放弃任何控制权。您仍然可以购买、出售、借贷或转移资产。
“If you have not created a will or a living trust, or need to update them but still haven’t done so, then you need to read the estate planning.” A living trust, also known as a Revocable Living Trust or a Family Trust, is a legal document that holds title or ownership to your real […]
传统上，遗产规划涉及编写遗嘱。遗嘱是一份具有法律约束力的文件，规定了您去世后如何分配您的资产，并命名了一位执行人来协助管理您的遗产。遗产法院可能会监督您的遗产清算，这个过程对于简单遗产来说可能持续6个月，而对于更复杂的遗产可能长达1-2年。
Traditionally, estate planning involves the creation of a will. A will is a legally binding document that addresses how your assets are distributed upon your death, as well as names an executor who will assist with the administration of your estate. The probate court may supervise the settlement of your estate, and this process can […]
遗产规划是一种通过书面的方式，表明您希望在您有生之年如何拥有、管理和保存您的资产，以及您希望在您去世后如何处置这些资产。
遗产规划只对富人或年龄较大的人重要，是一个常见的误解。不幸的是，这并不是事实。在马来西亚，如果您是房产所有者，您的子女或家人可能会受到遗产认证程序的约束。通过提前规划您的遗产，您可以为您的亲人节省数月甚至数年的痛苦，并节省数千令吉的法院费用和/或遗产税。