All of us want a pay raise, especially in these financially trying times, but the “yes” for a fatter paycheck will undoubtedly be difficult to wrangle from employers.
Non-monetary benefits, however, are a different can of worms. We already get some of the common ones, such as unpaid leave, company trips, and for some lucky, loyal ones, sabbaticals.
But here are some more perks you can probably get away with, depending on your company and your performance:Work Flexibility
A typical nine-to-five job is seldom just eight hours long anymore. We’re expected to achieve more, to produce more, in order to be considered an asset to the company, and as a [...]
What most of us know about life insurance is that it heaps a huge pay-off upon the death of the insured, or upon expiry of the policy. However, there are more things you need to consider when you’re getting one, such as:1. You need a higher death benefit than you think
A million-ringgit policy may sound like a lot, but if you have unpaid debts, a spouse and two children who aspire to attend college, RM1 million may not be sufficient to get them very far – especially if you wish to maintain their current lifestyle.
There are a few factors to determine how much coverage you need: your salary, whether your spouse is working or not, your need for child care, [...]
You’ve been taught to believe that good academic performance equals a good job and a good life. How true is it? Entry-level pay for many jobs are far from lucrative, and young adults are finding it difficult to make ends meet now that they’ve been more or less cut off from their childhood personal banks (read: parents).
So what financial woes are young Malaysian adults facing, anyway?Student Loan Repayments
Not everyone can pursue tertiary education on FAMA scholarship (again, your parents), or one of the scholarships out there. Even fewer can support themselves through university, although it’s not impossible. For many of you, PTPTN loans are the [...]
It’s almost too easy to burst your budget if you live toeing the line with your budget plan eating up every cent…then here comes someone’s birthday or wedding or dinner, and your “oops, just this once” moment tips your budget over the edge. This isn’t a problem if it occurs once in a while, since you’ll be able to compensate for it in the following month.
The problem is when your “just this once” seems to be infinitely renewable with every additional expense! You’ll get tired of budgeting and think it’s useless anyway, and then where will your finances be? How can you prevent it?Use a budgeting system that [...]