Below article is good for you to read:
http://www.doughroller.net/personal-finance/11-smart-money-moves-supercharge-finances/
11th smart money moves:
1. Pay your bills on time:
I have a lot of bills to pay:
Electricity Bill and Water Bill
Indah Water
Maintenance
Credit card
Streamyx
Umobile etc
All pay using online by using Public Bank Visa Signature Card which entitle for 6% cash rebate.
2. Track your net worth:
Just use an excel file to track it:
https://finlit.sg/spreadsheets/net-worth-spreadsheet/
3. Check your credit:
https://ctosid.ctos.com.my
http://creditbureau.bnm.gov.my/reportobtain.html
4. Rebalance your investment portfolio:
This one very tedious to do. I have
1) Share
2) Future, FKLI
3) Property
4) Unit Trust
5. Conduct a credit card audit:
Currently I have 3 credit card:
Maybank Ikhwan - Use for pump petrol - 5 % cash rebate
Public Bank Visa Signature - Use for online payment - 6% cash rebate
Alliance Bank Visa Infinite - useless to me after review of airport lounge, luckily annual fees waiver due to home loan else I will chop it.
To be continued ...
6. Evaluate your bank:
7. Review and revise your goals:
8. Scrub your monthly expenses:
9. Consider refinancing your mortgage:
10. Evaluate all of your insurance:
11. Get smart:
http://www.doughroller.net/personal-finance/11-smart-money-moves-supercharge-finances/
11th smart money moves:
1. Pay your bills on time:
I have a lot of bills to pay:
Electricity Bill and Water Bill
Indah Water
Maintenance
Credit card
Streamyx
Umobile etc
All pay using online by using Public Bank Visa Signature Card which entitle for 6% cash rebate.
2. Track your net worth:
Just use an excel file to track it:
https://finlit.sg/spreadsheets/net-worth-spreadsheet/
3. Check your credit:
https://ctosid.ctos.com.my
http://creditbureau.bnm.gov.my/reportobtain.html
4. Rebalance your investment portfolio:
This one very tedious to do. I have
1) Share
2) Future, FKLI
3) Property
4) Unit Trust
5. Conduct a credit card audit:
Currently I have 3 credit card:
Maybank Ikhwan - Use for pump petrol - 5 % cash rebate
Public Bank Visa Signature - Use for online payment - 6% cash rebate
Alliance Bank Visa Infinite - useless to me after review of airport lounge, luckily annual fees waiver due to home loan else I will chop it.
To be continued ...
6. Evaluate your bank:
7. Review and revise your goals:
8. Scrub your monthly expenses:
9. Consider refinancing your mortgage:
10. Evaluate all of your insurance:
11. Get smart:
