Article from the Sun Daily dated 18 September 2013
KUALA LUMPUR (Sept 17, 2013): The Employees Provident Fund (EPF) will offer retirement and financial advice as a value-added service to its members next year at EPF branches in the Klang Valley, said Chairman Tan Sri Samsudin Osman.
"We will begin a pilot project in the Klang Valley with an eventual national roll-out at the end of the pilot phase in one or two years," he told reporters on the sidelines of the EPF International Seminar 2013 Financial Literacy and Retirement Savings themed "Towards Securing A Comfortable Retirement."
Samsudin said the new service is aimed at helping members in their retirement planning and provide education in finances, adding the initiative is hoped to help EPF contributors prepare for their retirement.
He noted that the fund's studies have shown that people tend to squander money in a short period, which could be problematic if EPF was their only source of income.
Meanwhile, Chief Executive Officer Datuk Shahril Ridza Ridzuan said the Klang Valley pilot project would take up to two years prior to being rolled out nationwide for manpower training purposes.
"We will be working hand in hand with other agencies such as the Credit Counselling and Debt Management Agency and Bank Negara Malaysia to get the right training for our people," he added.
The two-day seminar, officiated by Second Finance Minister Datuk Seri Ahmad Husni Mohamed Hanadzlah, is aimed at raising the level of financial management and literacy in the country.
The seminar is hoped to provide a platform for participants and employees to kick-start their road map in retirement planning, with international experts and policy makers sharing financial literacy best practices.
The EPF, the sixth largest provident fund in the world, was responsible for the management of RM554.1 billion worth of funds as of the second quarter of this year. In the last five years since 2008, the fund has given an average dividend of 6.11 per cent. – Bernama
Article from the Sun Daily dated 18 September 2013
KUALA LUMPUR (Sept 17, 2013): The Employees Provident Fund (EPF) will offer retirement and financial advice as a value-added service to its members next year at EPF branches in the Klang Valley, said Chairman Tan Sri Samsudin Osman.
"We will begin a pilot project in the Klang Valley with an eventual national roll-out at the end of the pilot phase in one or two years," he told reporters on the sidelines of the EPF International Seminar 2013 Financial Literacy and Retirement Savings themed "Towards Securing A Comfortable Retirement."
Samsudin said the new service is aimed at helping members in their retirement planning and provide education in finances, adding the initiative is hoped to help EPF contributors prepare for their retirement.
He noted that the fund's studies have shown that people tend to squander money in a short period, which could be problematic if EPF was their only source of income.
Meanwhile, Chief Executive Officer Datuk Shahril Ridza Ridzuan said the Klang Valley pilot project would take up to two years prior to being rolled out nationwide for manpower training purposes.
"We will be working hand in hand with other agencies such as the Credit Counselling and Debt Management Agency and Bank Negara Malaysia to get the right training for our people," he added.
The two-day seminar, officiated by Second Finance Minister Datuk Seri Ahmad Husni Mohamed Hanadzlah, is aimed at raising the level of financial management and literacy in the country.
The seminar is hoped to provide a platform for participants and employees to kick-start their road map in retirement planning, with international experts and policy makers sharing financial literacy best practices.
The EPF, the sixth largest provident fund in the world, was responsible for the management of RM554.1 billion worth of funds as of the second quarter of this year. In the last five years since 2008, the fund has given an average dividend of 6.11 per cent. – Bernama
Okt 08, 2013 | financialmanagement
Article from the Sun Daily dated 18 September 2013
KUALA LUMPUR (Sept 17, 2013): The Employees Provident Fund (EPF) will offer retirement and financial advice as a value-added service to its members next year at EPF branches in the Klang Valley, said Chairman Tan Sri Samsudin Osman.
"We will begin a pilot project in the Klang Valley with an eventual national roll-out at the end of the pilot phase in one or two years," he told reporters on the sidelines of the EPF International Seminar 2013 Financial Literacy and Retirement Savings themed "Towards Securing A Comfortable Retirement."
Samsudin said the new service is aimed at helping members in their retirement planning and provide education in finances, adding the initiative is hoped to help EPF contributors prepare for their retirement.
He noted that the fund's studies have shown that people tend to squander money in a short period, which could be problematic if EPF was their only source of income.
Meanwhile, Chief Executive Officer Datuk Shahril Ridza Ridzuan said the Klang Valley pilot project would take up to two years prior to being rolled out nationwide for manpower training purposes.
"We will be working hand in hand with other agencies such as the Credit Counselling and Debt Management Agency and Bank Negara Malaysia to get the right training for our people," he added.
The two-day seminar, officiated by Second Finance Minister Datuk Seri Ahmad Husni Mohamed Hanadzlah, is aimed at raising the level of financial management and literacy in the country.
The seminar is hoped to provide a platform for participants and employees to kick-start their road map in retirement planning, with international experts and policy makers sharing financial literacy best practices.
The EPF, the sixth largest provident fund in the world, was responsible for the management of RM554.1 billion worth of funds as of the second quarter of this year. In the last five years since 2008, the fund has given an average dividend of 6.11 per cent. – Bernama
Article from the New Straits Times dated 11 August 2013
DON'T BE SHY: Malaysians generally do not have enough financial knowledge on how best to optimise their finances or improve their lot. Many rather fumble along than seek out expert help or advice. Even when there is free, independent advice and counselling available, like those offered by the Credit Counselling and Debt Management Agency (AKPK), many remain too shy to take advantage of it. Here, AKPK lends its financial advice to three different families with their distinct financial concerns, writes Tan Choe Choe.
Desperate but unable to make ends meet.
Aminah was only 24 when she first came down to Kuala Lumpur from Penang, freshly divorced and with a young daughter aged 4 in tow. There was only RM100 in her pocket. Pressed to make ends meet to feed herself and her daughter, she hopped from one job to another. Although she could not hold on to any of the jobs for long, they enabled her to get a few credit cards.
Even though the credit limit given to her was just about RM3,000-RM4,000 per card, she maxed out her cards and was not able to repay them.
"That was in 2006. I think the outstanding balance of both cards, with the interest and penalty fees, would have gone up to about RM20,000 or RM25,000, each."
Aminah, now 35, has moved house several times since 2006 and has not been reachable by the banks.
"I have just gone MIA (missing in action) on them. Now I am blacklisted in CCRIS (Central Credit Reference Information System) and CTOS (Credit Tip Off Service)," she added.
Apart from her credit card debts, Aminah also has an outstanding debt of RM32,000 with the National Higher Education Fund Corporation (PTPTN).
"I have not been able to repay even a single sen to PTPTN."
She remarried in 2008, had another daughter who was now aged 4 while her eldest had just turned 15. But her second marriage did not get a happy ending either. Two months ago, the couple filed for divorce.
In setting up home with her second ex-husband, she had racked up a loan of RM23,000 for goods from Courts Mammoth -- all for household items.
"He was supposed to pay off the household stuff, which is about RM600 a month. But ever since the divorce, he has not been paying up. So I took up the debt," said Aminah.
Several months ago, unable to make ends meet and with no one to turn to, she took a RM5,000 loan from an Ah Long or loan shark, an amount to be paid back in six months with a monthly instalment of RM1,350. Last month, she had had to top up another RM1,000 with the same lender.
"But my Ah Long debt is the manageable bit out of the whole mess because they have my ATM card. And I'm glad actually because it ensures repayment to them. As for my PTPTN, I approached them to
restructure the debt. They asked me to fork out RM5,000 first, but I don't have that much money!"
She also has a car, for which she is paying RM600 monthly.
"It's a friend's car that's on loan to me. So I service the hire purchase as I use it," she said.
She's currently working at an advertising agency with a salary of RM5,500, which means a net income of RM4,700.
But despite the obvious need for steady employment, Aminah recently resigned from her job. She would work only until September.
"I know it's very risky but I have become too depressed to work. No matter how hard I work, my salary is stagnant and I have to make ends meet. It doesn't seem practical now, but I'm dying here."
Unable to sleep or eat properly, she admitted to crying often and feeling as if she had lost the will to live.
"I've struggled so hard for the past 12 years and I feel I just can not see the light at the end of the tunnel."
Fearing that she would suffer a total breakdown, she went to seek psychiatric help at Hospital Serdang recently.
She also hoped that the flexibility she would get from not being tied down to a job would enable her to care for her children better, especially the eldest daughter, who is entering a rebellious phase.
Advice from Mansor Ali, head of branch operations department of AKPK:
I'm glad to note that she has been paying her Ah Long debt religiously and has not allowed that to snowball.
Right now, after deducting her monthly expenses and debt repayments, her net disposable income is zero or near negative at times.
So, she has to exert a lot of discipline and control to ensure her accounts balance each month.
Being an agency appointed by Bank Negara, we can only help her in managing her debts with banks, but she has to find out what the status of her credit card debts is with them first. Once legal action has been initiated, it is hard for us to intervene.
Once your Ah Long is paid off and you have a positive net disposable income, come see us as soon as possible and we will detail a personalised debt management programme for you. If you feel shy about being seen in AKPK, we can even prepare a room for you.
Please do not despair, your debt is still at manageable levels. Though I understand that whether that debt is huge or small, it is equally burdensome to the person who is in debt.
[CASE 2 - Single mom with 5-year-old child]
Stressed out over providing the best for her only son Devi, a divorcee aged 42 with a son aged 5, is much better off than many women in her situation -- although her husband provides no alimony after the dissolution of their marriage, he did not saddle her with debt.
She is also gainfully employed, saves religiously, and she keeps her finances strictly under control.
But like most urban dwellers, she has a car that needs to be paid off, and a modest house that she is also paying for.
Earning a net income of RM2,894, she does not spend lavishly and splurges rarely, if at all, on anything for herself.
She takes food to work or if she eats out, she often goes to cheap food outlets.
The only thing on which she has spent a substantial amount on was a diploma in early childhood education, specialising in learning disorder management and child psychology from Universiti Malaya.
"My main focus is to make sure my son will have enough money to grow up safely and healthily, and that he will have enough money to further his education when he is of age," she said.
To ensure she always keeps aside a sum for her son's future, she invested in a medical and educational insurance for her son, one for which she pays a monthly premium of RM150, but which she topped up to RM250 two months ago.
"I wonder if I should top up more and where else I should channel my money to ensure that my son will not be left wanting when he grows up," she said.
However, despite keeping a tight-fist over her finances, she finds that her disposable income, after deducting her monthly expenses, is very little.
On a good month, she sees about RM500 left over. On a bad month, when it is the festive season or someone has a birthday, she is left with little to nothing.
Advice from Nirmala Subramaniam, a manager in the financial education department of AKPK:
It is very laudable for Devi to have such a strict control of her finances.
However, I notice that for her so-called fixed expenses like the Astro bill, she is paying quite a lot for a working adult who is rarely able to catch what's on TV.
If she is only getting it for her son, I believe this RM113 can be pared down to something amounting to RM70 plus.
Her kindergarten fees can be slightly lowered if she sends her child to a government-run kindergarten, a taska. Do not write them off, these institutions actually have a very good syllabus that could be on par if not
better than privately-run ones.
And while she saves each month, RM100 out of a net income of RM2,894 is not enough. It should be at least 10 to 20 per cent of her net income.
She has also recently got her diploma, so she should start putting it to good use by taking on part-time employment. It is not only good for practice, but will also help her build up a name for herself, which will stand her in good stead when she moves into that industry.
[CASE 3 - Husband and wife with two young children, aged 4 and 5 months]
Almost out of debt and looking to invest Stephanie, 32, who is earning a net income of RM5,000, is freshly out of the AKPK debt management programme after having paid off RM70,000 worth of credit card debts early this year.
Her husband, Jeff, is still servicing the remainder of a RM50,000 credit card debt that the same agency has helped restructure.
They originally got into debt when the husband's business failed, causing the couple to max out on their various credit cards to pay off the cost of doing business.
On top of that, they also partially-refinanced their family home for RM400,000 - a loan that the husband services.
Now that Stephanie is out of debt, and with property prices ballooning everywhere, the couple, who has young children aged 4 and 5 months, is worried about their future.
They feel that while they have been working hard to pay off their debts, the rest of the world - or at least the part made up of their peers - has been making tonnes of money from the property market.
"Previously people were talking about setting up education funds for their children. Now, I hear that the best hedge to ensure your children will have money for their studies is by buying each of them a house," said Stephanie.
She feels she can buy a house of RM400,000 each for them.
"It is not easy to get good property of that price range, but there are some which we think will escalate in value. Smaller places, but which we think will have potential in the long term," she added.
Despite not having much savings and no emergency fund set up for the family, Stephanie and her husband is considering taking up a personal loan of RM80,000 to help finance their purchases.
"If we don't buy now, it'll be more expensive later!" she added.
Advice from Desmond Chong, a manager in the financial education department in AKPK:
It is good that they have prepared a cash-flow spreadsheet of their household income. They have a net disposable income of RM4,620.
But the calculation is not complete. There are a lot of variable expenses that they have not taken into account.
The wife also admits that this amount is often used up for unforeseen expenses, like medical treatment for the children, groceries, and sometimes a nice meal or two outside.
These variables should be budgeted into their monthly cash-flow for them to see a better picture of what their real discretionary income is.
That is the amount that they can look to use for investing,according to their risk appetite.
However, this couple has not set up an emergency fund as yet. It should be an amount that will be sufficient to meet the needs of the family for up to six months, at least.
The savings out of their combined monthly income is only RM200, on the husband's side. That is insufficient. It should be at least 10 per cent of their income.
Their enthusiasm to invest in the property market is understandable, seeing as how it has been ballooning. Even with little savings, they are so tempted that they want to invest by borrowing money from the bank.
I'm not saying that they can't do that. But it is very dangerous for them to go into it without any safety net whatsoever.
They must also have a more detailed understanding of the cost of borrowing: for example, if they take a three-year personal loan of RM80,000 to pay a down-payment for a house priced at RM800,000 or two houses worth RM400,000 each, at an estimated effective interest rate of 20 per cent, as the wife believes she can get a 10 per cent flat rate for the personal loan, they will have to pay RM54,000, in interest alone, in those three years.
That is a very expensive cost of borrowing and should anything bad befall the family that results in a loss of income, can they repay the amount borrowed?
Article from the New Straits Times dated 11 August 2013
DON'T BE SHY: Malaysians generally do not have enough financial knowledge on how best to optimise their finances or improve their lot. Many rather fumble along than seek out expert help or advice. Even when there is free, independent advice and counselling available, like those offered by the Credit Counselling and Debt Management Agency (AKPK), many remain too shy to take advantage of it. Here, AKPK lends its financial advice to three different families with their distinct financial concerns, writes Tan Choe Choe.
Desperate but unable to make ends meet.
Aminah was only 24 when she first came down to Kuala Lumpur from Penang, freshly divorced and with a young daughter aged 4 in tow. There was only RM100 in her pocket. Pressed to make ends meet to feed herself and her daughter, she hopped from one job to another. Although she could not hold on to any of the jobs for long, they enabled her to get a few credit cards.
Even though the credit limit given to her was just about RM3,000-RM4,000 per card, she maxed out her cards and was not able to repay them.
"That was in 2006. I think the outstanding balance of both cards, with the interest and penalty fees, would have gone up to about RM20,000 or RM25,000, each."
Aminah, now 35, has moved house several times since 2006 and has not been reachable by the banks.
"I have just gone MIA (missing in action) on them. Now I am blacklisted in CCRIS (Central Credit Reference Information System) and CTOS (Credit Tip Off Service)," she added.
Apart from her credit card debts, Aminah also has an outstanding debt of RM32,000 with the National Higher Education Fund Corporation (PTPTN).
"I have not been able to repay even a single sen to PTPTN."
She remarried in 2008, had another daughter who was now aged 4 while her eldest had just turned 15. But her second marriage did not get a happy ending either. Two months ago, the couple filed for divorce.
In setting up home with her second ex-husband, she had racked up a loan of RM23,000 for goods from Courts Mammoth -- all for household items.
"He was supposed to pay off the household stuff, which is about RM600 a month. But ever since the divorce, he has not been paying up. So I took up the debt," said Aminah.
Several months ago, unable to make ends meet and with no one to turn to, she took a RM5,000 loan from an Ah Long or loan shark, an amount to be paid back in six months with a monthly instalment of RM1,350. Last month, she had had to top up another RM1,000 with the same lender.
"But my Ah Long debt is the manageable bit out of the whole mess because they have my ATM card. And I'm glad actually because it ensures repayment to them. As for my PTPTN, I approached them to
restructure the debt. They asked me to fork out RM5,000 first, but I don't have that much money!"
She also has a car, for which she is paying RM600 monthly.
"It's a friend's car that's on loan to me. So I service the hire purchase as I use it," she said.
She's currently working at an advertising agency with a salary of RM5,500, which means a net income of RM4,700.
But despite the obvious need for steady employment, Aminah recently resigned from her job. She would work only until September.
"I know it's very risky but I have become too depressed to work. No matter how hard I work, my salary is stagnant and I have to make ends meet. It doesn't seem practical now, but I'm dying here."
Unable to sleep or eat properly, she admitted to crying often and feeling as if she had lost the will to live.
"I've struggled so hard for the past 12 years and I feel I just can not see the light at the end of the tunnel."
Fearing that she would suffer a total breakdown, she went to seek psychiatric help at Hospital Serdang recently.
She also hoped that the flexibility she would get from not being tied down to a job would enable her to care for her children better, especially the eldest daughter, who is entering a rebellious phase.
Advice from Mansor Ali, head of branch operations department of AKPK:
I'm glad to note that she has been paying her Ah Long debt religiously and has not allowed that to snowball.
Right now, after deducting her monthly expenses and debt repayments, her net disposable income is zero or near negative at times.
So, she has to exert a lot of discipline and control to ensure her accounts balance each month.
Being an agency appointed by Bank Negara, we can only help her in managing her debts with banks, but she has to find out what the status of her credit card debts is with them first. Once legal action has been initiated, it is hard for us to intervene.
Once your Ah Long is paid off and you have a positive net disposable income, come see us as soon as possible and we will detail a personalised debt management programme for you. If you feel shy about being seen in AKPK, we can even prepare a room for you.
Please do not despair, your debt is still at manageable levels. Though I understand that whether that debt is huge or small, it is equally burdensome to the person who is in debt.
[CASE 2 - Single mom with 5-year-old child]
Stressed out over providing the best for her only son Devi, a divorcee aged 42 with a son aged 5, is much better off than many women in her situation -- although her husband provides no alimony after the dissolution of their marriage, he did not saddle her with debt.
She is also gainfully employed, saves religiously, and she keeps her finances strictly under control.
But like most urban dwellers, she has a car that needs to be paid off, and a modest house that she is also paying for.
Earning a net income of RM2,894, she does not spend lavishly and splurges rarely, if at all, on anything for herself.
She takes food to work or if she eats out, she often goes to cheap food outlets.
The only thing on which she has spent a substantial amount on was a diploma in early childhood education, specialising in learning disorder management and child psychology from Universiti Malaya.
"My main focus is to make sure my son will have enough money to grow up safely and healthily, and that he will have enough money to further his education when he is of age," she said.
To ensure she always keeps aside a sum for her son's future, she invested in a medical and educational insurance for her son, one for which she pays a monthly premium of RM150, but which she topped up to RM250 two months ago.
"I wonder if I should top up more and where else I should channel my money to ensure that my son will not be left wanting when he grows up," she said.
However, despite keeping a tight-fist over her finances, she finds that her disposable income, after deducting her monthly expenses, is very little.
On a good month, she sees about RM500 left over. On a bad month, when it is the festive season or someone has a birthday, she is left with little to nothing.
Advice from Nirmala Subramaniam, a manager in the financial education department of AKPK:
It is very laudable for Devi to have such a strict control of her finances.
However, I notice that for her so-called fixed expenses like the Astro bill, she is paying quite a lot for a working adult who is rarely able to catch what's on TV.
If she is only getting it for her son, I believe this RM113 can be pared down to something amounting to RM70 plus.
Her kindergarten fees can be slightly lowered if she sends her child to a government-run kindergarten, a taska. Do not write them off, these institutions actually have a very good syllabus that could be on par if not
better than privately-run ones.
And while she saves each month, RM100 out of a net income of RM2,894 is not enough. It should be at least 10 to 20 per cent of her net income.
She has also recently got her diploma, so she should start putting it to good use by taking on part-time employment. It is not only good for practice, but will also help her build up a name for herself, which will stand her in good stead when she moves into that industry.
[CASE 3 - Husband and wife with two young children, aged 4 and 5 months]
Almost out of debt and looking to invest Stephanie, 32, who is earning a net income of RM5,000, is freshly out of the AKPK debt management programme after having paid off RM70,000 worth of credit card debts early this year.
Her husband, Jeff, is still servicing the remainder of a RM50,000 credit card debt that the same agency has helped restructure.
They originally got into debt when the husband's business failed, causing the couple to max out on their various credit cards to pay off the cost of doing business.
On top of that, they also partially-refinanced their family home for RM400,000 - a loan that the husband services.
Now that Stephanie is out of debt, and with property prices ballooning everywhere, the couple, who has young children aged 4 and 5 months, is worried about their future.
They feel that while they have been working hard to pay off their debts, the rest of the world - or at least the part made up of their peers - has been making tonnes of money from the property market.
"Previously people were talking about setting up education funds for their children. Now, I hear that the best hedge to ensure your children will have money for their studies is by buying each of them a house," said Stephanie.
She feels she can buy a house of RM400,000 each for them.
"It is not easy to get good property of that price range, but there are some which we think will escalate in value. Smaller places, but which we think will have potential in the long term," she added.
Despite not having much savings and no emergency fund set up for the family, Stephanie and her husband is considering taking up a personal loan of RM80,000 to help finance their purchases.
"If we don't buy now, it'll be more expensive later!" she added.
Advice from Desmond Chong, a manager in the financial education department in AKPK:
It is good that they have prepared a cash-flow spreadsheet of their household income. They have a net disposable income of RM4,620.
But the calculation is not complete. There are a lot of variable expenses that they have not taken into account.
The wife also admits that this amount is often used up for unforeseen expenses, like medical treatment for the children, groceries, and sometimes a nice meal or two outside.
These variables should be budgeted into their monthly cash-flow for them to see a better picture of what their real discretionary income is.
That is the amount that they can look to use for investing,according to their risk appetite.
However, this couple has not set up an emergency fund as yet. It should be an amount that will be sufficient to meet the needs of the family for up to six months, at least.
The savings out of their combined monthly income is only RM200, on the husband's side. That is insufficient. It should be at least 10 per cent of their income.
Their enthusiasm to invest in the property market is understandable, seeing as how it has been ballooning. Even with little savings, they are so tempted that they want to invest by borrowing money from the bank.
I'm not saying that they can't do that. But it is very dangerous for them to go into it without any safety net whatsoever.
They must also have a more detailed understanding of the cost of borrowing: for example, if they take a three-year personal loan of RM80,000 to pay a down-payment for a house priced at RM800,000 or two houses worth RM400,000 each, at an estimated effective interest rate of 20 per cent, as the wife believes she can get a 10 per cent flat rate for the personal loan, they will have to pay RM54,000, in interest alone, in those three years.
That is a very expensive cost of borrowing and should anything bad befall the family that results in a loss of income, can they repay the amount borrowed?
Okt 08, 2013 | financialmanagement
Article from the New Straits Times dated 11 August 2013
DON'T BE SHY: Malaysians generally do not have enough financial knowledge on how best to optimise their finances or improve their lot. Many rather fumble along than seek out expert help or advice. Even when there is free, independent advice and counselling available, like those offered by the Credit Counselling and Debt Management Agency (AKPK), many remain too shy to take advantage of it. Here, AKPK lends its financial advice to three different families with their distinct financial concerns, writes Tan Choe Choe.
Desperate but unable to make ends meet.
Aminah was only 24 when she first came down to Kuala Lumpur from Penang, freshly divorced and with a young daughter aged 4 in tow. There was only RM100 in her pocket. Pressed to make ends meet to feed herself and her daughter, she hopped from one job to another. Although she could not hold on to any of the jobs for long, they enabled her to get a few credit cards.
Even though the credit limit given to her was just about RM3,000-RM4,000 per card, she maxed out her cards and was not able to repay them.
"That was in 2006. I think the outstanding balance of both cards, with the interest and penalty fees, would have gone up to about RM20,000 or RM25,000, each."
Aminah, now 35, has moved house several times since 2006 and has not been reachable by the banks.
"I have just gone MIA (missing in action) on them. Now I am blacklisted in CCRIS (Central Credit Reference Information System) and CTOS (Credit Tip Off Service)," she added.
Apart from her credit card debts, Aminah also has an outstanding debt of RM32,000 with the National Higher Education Fund Corporation (PTPTN).
"I have not been able to repay even a single sen to PTPTN."
She remarried in 2008, had another daughter who was now aged 4 while her eldest had just turned 15. But her second marriage did not get a happy ending either. Two months ago, the couple filed for divorce.
In setting up home with her second ex-husband, she had racked up a loan of RM23,000 for goods from Courts Mammoth -- all for household items.
"He was supposed to pay off the household stuff, which is about RM600 a month. But ever since the divorce, he has not been paying up. So I took up the debt," said Aminah.
Several months ago, unable to make ends meet and with no one to turn to, she took a RM5,000 loan from an Ah Long or loan shark, an amount to be paid back in six months with a monthly instalment of RM1,350. Last month, she had had to top up another RM1,000 with the same lender.
"But my Ah Long debt is the manageable bit out of the whole mess because they have my ATM card. And I'm glad actually because it ensures repayment to them. As for my PTPTN, I approached them to
restructure the debt. They asked me to fork out RM5,000 first, but I don't have that much money!"
She also has a car, for which she is paying RM600 monthly.
"It's a friend's car that's on loan to me. So I service the hire purchase as I use it," she said.
She's currently working at an advertising agency with a salary of RM5,500, which means a net income of RM4,700.
But despite the obvious need for steady employment, Aminah recently resigned from her job. She would work only until September.
"I know it's very risky but I have become too depressed to work. No matter how hard I work, my salary is stagnant and I have to make ends meet. It doesn't seem practical now, but I'm dying here."
Unable to sleep or eat properly, she admitted to crying often and feeling as if she had lost the will to live.
"I've struggled so hard for the past 12 years and I feel I just can not see the light at the end of the tunnel."
Fearing that she would suffer a total breakdown, she went to seek psychiatric help at Hospital Serdang recently.
She also hoped that the flexibility she would get from not being tied down to a job would enable her to care for her children better, especially the eldest daughter, who is entering a rebellious phase.
Advice from Mansor Ali, head of branch operations department of AKPK:
I'm glad to note that she has been paying her Ah Long debt religiously and has not allowed that to snowball.
Right now, after deducting her monthly expenses and debt repayments, her net disposable income is zero or near negative at times.
So, she has to exert a lot of discipline and control to ensure her accounts balance each month.
Being an agency appointed by Bank Negara, we can only help her in managing her debts with banks, but she has to find out what the status of her credit card debts is with them first. Once legal action has been initiated, it is hard for us to intervene.
Once your Ah Long is paid off and you have a positive net disposable income, come see us as soon as possible and we will detail a personalised debt management programme for you. If you feel shy about being seen in AKPK, we can even prepare a room for you.
Please do not despair, your debt is still at manageable levels. Though I understand that whether that debt is huge or small, it is equally burdensome to the person who is in debt.
[CASE 2 - Single mom with 5-year-old child]
Stressed out over providing the best for her only son Devi, a divorcee aged 42 with a son aged 5, is much better off than many women in her situation -- although her husband provides no alimony after the dissolution of their marriage, he did not saddle her with debt.
She is also gainfully employed, saves religiously, and she keeps her finances strictly under control.
But like most urban dwellers, she has a car that needs to be paid off, and a modest house that she is also paying for.
Earning a net income of RM2,894, she does not spend lavishly and splurges rarely, if at all, on anything for herself.
She takes food to work or if she eats out, she often goes to cheap food outlets.
The only thing on which she has spent a substantial amount on was a diploma in early childhood education, specialising in learning disorder management and child psychology from Universiti Malaya.
"My main focus is to make sure my son will have enough money to grow up safely and healthily, and that he will have enough money to further his education when he is of age," she said.
To ensure she always keeps aside a sum for her son's future, she invested in a medical and educational insurance for her son, one for which she pays a monthly premium of RM150, but which she topped up to RM250 two months ago.
"I wonder if I should top up more and where else I should channel my money to ensure that my son will not be left wanting when he grows up," she said.
However, despite keeping a tight-fist over her finances, she finds that her disposable income, after deducting her monthly expenses, is very little.
On a good month, she sees about RM500 left over. On a bad month, when it is the festive season or someone has a birthday, she is left with little to nothing.
Advice from Nirmala Subramaniam, a manager in the financial education department of AKPK:
It is very laudable for Devi to have such a strict control of her finances.
However, I notice that for her so-called fixed expenses like the Astro bill, she is paying quite a lot for a working adult who is rarely able to catch what's on TV.
If she is only getting it for her son, I believe this RM113 can be pared down to something amounting to RM70 plus.
Her kindergarten fees can be slightly lowered if she sends her child to a government-run kindergarten, a taska. Do not write them off, these institutions actually have a very good syllabus that could be on par if not
better than privately-run ones.
And while she saves each month, RM100 out of a net income of RM2,894 is not enough. It should be at least 10 to 20 per cent of her net income.
She has also recently got her diploma, so she should start putting it to good use by taking on part-time employment. It is not only good for practice, but will also help her build up a name for herself, which will stand her in good stead when she moves into that industry.
[CASE 3 - Husband and wife with two young children, aged 4 and 5 months]
Almost out of debt and looking to invest Stephanie, 32, who is earning a net income of RM5,000, is freshly out of the AKPK debt management programme after having paid off RM70,000 worth of credit card debts early this year.
Her husband, Jeff, is still servicing the remainder of a RM50,000 credit card debt that the same agency has helped restructure.
They originally got into debt when the husband's business failed, causing the couple to max out on their various credit cards to pay off the cost of doing business.
On top of that, they also partially-refinanced their family home for RM400,000 - a loan that the husband services.
Now that Stephanie is out of debt, and with property prices ballooning everywhere, the couple, who has young children aged 4 and 5 months, is worried about their future.
They feel that while they have been working hard to pay off their debts, the rest of the world - or at least the part made up of their peers - has been making tonnes of money from the property market.
"Previously people were talking about setting up education funds for their children. Now, I hear that the best hedge to ensure your children will have money for their studies is by buying each of them a house," said Stephanie.
She feels she can buy a house of RM400,000 each for them.
"It is not easy to get good property of that price range, but there are some which we think will escalate in value. Smaller places, but which we think will have potential in the long term," she added.
Despite not having much savings and no emergency fund set up for the family, Stephanie and her husband is considering taking up a personal loan of RM80,000 to help finance their purchases.
"If we don't buy now, it'll be more expensive later!" she added.
Advice from Desmond Chong, a manager in the financial education department in AKPK:
It is good that they have prepared a cash-flow spreadsheet of their household income. They have a net disposable income of RM4,620.
But the calculation is not complete. There are a lot of variable expenses that they have not taken into account.
The wife also admits that this amount is often used up for unforeseen expenses, like medical treatment for the children, groceries, and sometimes a nice meal or two outside.
These variables should be budgeted into their monthly cash-flow for them to see a better picture of what their real discretionary income is.
That is the amount that they can look to use for investing,according to their risk appetite.
However, this couple has not set up an emergency fund as yet. It should be an amount that will be sufficient to meet the needs of the family for up to six months, at least.
The savings out of their combined monthly income is only RM200, on the husband's side. That is insufficient. It should be at least 10 per cent of their income.
Their enthusiasm to invest in the property market is understandable, seeing as how it has been ballooning. Even with little savings, they are so tempted that they want to invest by borrowing money from the bank.
I'm not saying that they can't do that. But it is very dangerous for them to go into it without any safety net whatsoever.
They must also have a more detailed understanding of the cost of borrowing: for example, if they take a three-year personal loan of RM80,000 to pay a down-payment for a house priced at RM800,000 or two houses worth RM400,000 each, at an estimated effective interest rate of 20 per cent, as the wife believes she can get a 10 per cent flat rate for the personal loan, they will have to pay RM54,000, in interest alone, in those three years.
That is a very expensive cost of borrowing and should anything bad befall the family that results in a loss of income, can they repay the amount borrowed?
Article from The Edge dated 3 October 2013
AGENSI Kaunseling Dan Pengurusan Kredit's (AKPK) statistics reveal that cases of financially distressed individuals are rising.
In the first half of this year, the agency had already conducted 7,909 sessions of its debt management programme (DMP), for indebted individuals. This compares with the 8,172 cases for the whole of 2007.
Those who seek help from AKPK, do so voluntarily.
"Every morning when I wake up, all I think about is this debt I have to pay off," says a retiree, who is currently seeking help from AKPK.
This is the typical response of those who seek assistance from the agency, which provides advice and assistance to help individual borrowers and potential borrowers to manage their finances and debt. AKPK is a wholly owned subsidiary of Bank Negara Malaysia.
Bank Negara's pre-emptive measures, announced in July to curb rising household debt, have undoubtedly put the issue under the spotlight again. Household debt has risen at a worrying pace, over the last four years. In 2009, it was 70% of GDP. Four years later, it has crept up to 83%.
According to the central bank, household debt grew at an average annual rate of 12%, over the last five years. It notes that while this has been supported by positive income and employment conditions, there has also been a growing number of financial products that are not in the long-term interests of consumers.
"This includes extended financing tenures of upto 45 years for house financing, and 25 years for personal financing. While this may reduce the monthly repayments, in the long run, this increases the overall debt burden of households. Such practices encourage excessive debt accumulation by households, and increase the vulnerability of this sector," Bank Negara says in a recent press release.
According to Koid Swee Lian, the CEO of AKPK, there is a rising trend of indebtedness, for those with families and who are above the age of 40. "It is those who are with families [that are indebted]. If you observe the statistics for 2012, 47% of those who enrolled in DMP are those above the age of 40. Well, if you start with a 45-year loan for a house in your twenties, it doesn't go away when you are in your forties. On top of that, you accumulate a personal loan and a car loan. All these loans take a long time to settle," says Koid.
"Even when the housing loan is stretched to 45 years, there are many who can't cope with it. We had one person who was in her thirties, in such a situation. The individual ended up using some of her EPF money to repay the debts. But the thing is, people don't realise how important that pool of money is, for retirement."
Koid highlights that the main culprit of this indebtedness, is the cumulative effect of multiple loans. The situation escalates when these individuals are charged with massive interest for late payments, she adds.
The agency points out that those who seek its help, usually have a number of loans — hire purchase, housing loan and credit card debt. These make up 83% of the total number of cases. Meanwhile, indebtedness owing to any of these: term loans, personal loans or share margin financing, comes in second at 9.39%.
"We have also encountered people who take personal loans to invest. They think that a particular investment can give guaranteed returns, but they forget that the current interest rates on their personal loan may not stay [at that level]. If the interest rate goes up, can you still make money? People tend to only look at the reward, but not the risk," Koid says.
One of the agency's biggest cases involved an individual who owed some RM1.5 million, due to a combination of credit card debt, personal loans and secured loans. Based on AKPK's latest update, the individual has yet to pay off his debts.
It is worth noting that a large number of those who seek AKPK's help, are those who earn less than RM3,000 per month — the lower income group. In 2012, 56% of the DMP cases were from the lower income group.
The bulk of enrolment for the DMP, consists of those from the private sector, totalling 35%, while civil servants make up only 8%. However, just because civil servants make up a small number of the cases, it does not mean they are insulated from the dangers. A national school principal, who declines to be named, says that before Bank Negara imposed its responsible lending guidelines in January last year, many teachers were taking up personal loans of RM30,000 to RM100,000.
"Most of them try to take the maximum level allowed, which is upto 60% of their income, under the salary deduction scheme. They usually take a personal loan to finance land purchases, house renovations, marriages, and sometimes, even house purchases," he says.
"Teachers who are new to the profession, make about RM3,000 per month, including allowances. If they take on a loan that deducts upto 60% of their salary for repayments, it's obvious that it will be difficult to get by, on the remaining 40%."
Meanwhile, bankruptcy cases are on the rise. In 2012, the number of insolvency cases rose 2.1% to 19,575. The 2012 annual report by the legal affairs division of the Prime Minister's Department, highlights that the majority of insolvency cases were due to car and home purchases, at 27% each, while 17% were due to personal loans.
It should be noted that only 3,737 DMP cases successfully complete the programme. This is just 4% of the total 92,011 cases, from 2007 to June 30 this year.
As bleak as the situation may look, Koid says the numbers indicate that the younger generation is wising up. In 2012, the number of people under the DMP aged between 20 and 30 years old, fell 19.7% to 1,885 cases.
"The statistics show that the number of people between the age of 20 and 30 years old, have reduced year-on-year. We like to think that the younger generation is better at getting information [on debt issues]. This is good progress," Koid says.
Article from The Edge dated 3 October 2013
AGENSI Kaunseling Dan Pengurusan Kredit's (AKPK) statistics reveal that cases of financially distressed individuals are rising.
In the first half of this year, the agency had already conducted 7,909 sessions of its debt management programme (DMP), for indebted individuals. This compares with the 8,172 cases for the whole of 2007.
Those who seek help from AKPK, do so voluntarily.
"Every morning when I wake up, all I think about is this debt I have to pay off," says a retiree, who is currently seeking help from AKPK.
This is the typical response of those who seek assistance from the agency, which provides advice and assistance to help individual borrowers and potential borrowers to manage their finances and debt. AKPK is a wholly owned subsidiary of Bank Negara Malaysia.
Bank Negara's pre-emptive measures, announced in July to curb rising household debt, have undoubtedly put the issue under the spotlight again. Household debt has risen at a worrying pace, over the last four years. In 2009, it was 70% of GDP. Four years later, it has crept up to 83%.
According to the central bank, household debt grew at an average annual rate of 12%, over the last five years. It notes that while this has been supported by positive income and employment conditions, there has also been a growing number of financial products that are not in the long-term interests of consumers.
"This includes extended financing tenures of upto 45 years for house financing, and 25 years for personal financing. While this may reduce the monthly repayments, in the long run, this increases the overall debt burden of households. Such practices encourage excessive debt accumulation by households, and increase the vulnerability of this sector," Bank Negara says in a recent press release.
According to Koid Swee Lian, the CEO of AKPK, there is a rising trend of indebtedness, for those with families and who are above the age of 40. "It is those who are with families [that are indebted]. If you observe the statistics for 2012, 47% of those who enrolled in DMP are those above the age of 40. Well, if you start with a 45-year loan for a house in your twenties, it doesn't go away when you are in your forties. On top of that, you accumulate a personal loan and a car loan. All these loans take a long time to settle," says Koid.
"Even when the housing loan is stretched to 45 years, there are many who can't cope with it. We had one person who was in her thirties, in such a situation. The individual ended up using some of her EPF money to repay the debts. But the thing is, people don't realise how important that pool of money is, for retirement."
Koid highlights that the main culprit of this indebtedness, is the cumulative effect of multiple loans. The situation escalates when these individuals are charged with massive interest for late payments, she adds.
The agency points out that those who seek its help, usually have a number of loans — hire purchase, housing loan and credit card debt. These make up 83% of the total number of cases. Meanwhile, indebtedness owing to any of these: term loans, personal loans or share margin financing, comes in second at 9.39%.
"We have also encountered people who take personal loans to invest. They think that a particular investment can give guaranteed returns, but they forget that the current interest rates on their personal loan may not stay [at that level]. If the interest rate goes up, can you still make money? People tend to only look at the reward, but not the risk," Koid says.
One of the agency's biggest cases involved an individual who owed some RM1.5 million, due to a combination of credit card debt, personal loans and secured loans. Based on AKPK's latest update, the individual has yet to pay off his debts.
It is worth noting that a large number of those who seek AKPK's help, are those who earn less than RM3,000 per month — the lower income group. In 2012, 56% of the DMP cases were from the lower income group.
The bulk of enrolment for the DMP, consists of those from the private sector, totalling 35%, while civil servants make up only 8%. However, just because civil servants make up a small number of the cases, it does not mean they are insulated from the dangers. A national school principal, who declines to be named, says that before Bank Negara imposed its responsible lending guidelines in January last year, many teachers were taking up personal loans of RM30,000 to RM100,000.
"Most of them try to take the maximum level allowed, which is upto 60% of their income, under the salary deduction scheme. They usually take a personal loan to finance land purchases, house renovations, marriages, and sometimes, even house purchases," he says.
"Teachers who are new to the profession, make about RM3,000 per month, including allowances. If they take on a loan that deducts upto 60% of their salary for repayments, it's obvious that it will be difficult to get by, on the remaining 40%."
Meanwhile, bankruptcy cases are on the rise. In 2012, the number of insolvency cases rose 2.1% to 19,575. The 2012 annual report by the legal affairs division of the Prime Minister's Department, highlights that the majority of insolvency cases were due to car and home purchases, at 27% each, while 17% were due to personal loans.
It should be noted that only 3,737 DMP cases successfully complete the programme. This is just 4% of the total 92,011 cases, from 2007 to June 30 this year.
As bleak as the situation may look, Koid says the numbers indicate that the younger generation is wising up. In 2012, the number of people under the DMP aged between 20 and 30 years old, fell 19.7% to 1,885 cases.
"The statistics show that the number of people between the age of 20 and 30 years old, have reduced year-on-year. We like to think that the younger generation is better at getting information [on debt issues]. This is good progress," Koid says.
Okt 30, 2013 | financialmanagement
Article from The Edge dated 3 October 2013
AGENSI Kaunseling Dan Pengurusan Kredit's (AKPK) statistics reveal that cases of financially distressed individuals are rising.
In the first half of this year, the agency had already conducted 7,909 sessions of its debt management programme (DMP), for indebted individuals. This compares with the 8,172 cases for the whole of 2007.
Those who seek help from AKPK, do so voluntarily.
"Every morning when I wake up, all I think about is this debt I have to pay off," says a retiree, who is currently seeking help from AKPK.
This is the typical response of those who seek assistance from the agency, which provides advice and assistance to help individual borrowers and potential borrowers to manage their finances and debt. AKPK is a wholly owned subsidiary of Bank Negara Malaysia.
Bank Negara's pre-emptive measures, announced in July to curb rising household debt, have undoubtedly put the issue under the spotlight again. Household debt has risen at a worrying pace, over the last four years. In 2009, it was 70% of GDP. Four years later, it has crept up to 83%.
According to the central bank, household debt grew at an average annual rate of 12%, over the last five years. It notes that while this has been supported by positive income and employment conditions, there has also been a growing number of financial products that are not in the long-term interests of consumers.
"This includes extended financing tenures of upto 45 years for house financing, and 25 years for personal financing. While this may reduce the monthly repayments, in the long run, this increases the overall debt burden of households. Such practices encourage excessive debt accumulation by households, and increase the vulnerability of this sector," Bank Negara says in a recent press release.
According to Koid Swee Lian, the CEO of AKPK, there is a rising trend of indebtedness, for those with families and who are above the age of 40. "It is those who are with families [that are indebted]. If you observe the statistics for 2012, 47% of those who enrolled in DMP are those above the age of 40. Well, if you start with a 45-year loan for a house in your twenties, it doesn't go away when you are in your forties. On top of that, you accumulate a personal loan and a car loan. All these loans take a long time to settle," says Koid.
"Even when the housing loan is stretched to 45 years, there are many who can't cope with it. We had one person who was in her thirties, in such a situation. The individual ended up using some of her EPF money to repay the debts. But the thing is, people don't realise how important that pool of money is, for retirement."
Koid highlights that the main culprit of this indebtedness, is the cumulative effect of multiple loans. The situation escalates when these individuals are charged with massive interest for late payments, she adds.
The agency points out that those who seek its help, usually have a number of loans — hire purchase, housing loan and credit card debt. These make up 83% of the total number of cases. Meanwhile, indebtedness owing to any of these: term loans, personal loans or share margin financing, comes in second at 9.39%.
"We have also encountered people who take personal loans to invest. They think that a particular investment can give guaranteed returns, but they forget that the current interest rates on their personal loan may not stay [at that level]. If the interest rate goes up, can you still make money? People tend to only look at the reward, but not the risk," Koid says.
One of the agency's biggest cases involved an individual who owed some RM1.5 million, due to a combination of credit card debt, personal loans and secured loans. Based on AKPK's latest update, the individual has yet to pay off his debts.
It is worth noting that a large number of those who seek AKPK's help, are those who earn less than RM3,000 per month — the lower income group. In 2012, 56% of the DMP cases were from the lower income group.
The bulk of enrolment for the DMP, consists of those from the private sector, totalling 35%, while civil servants make up only 8%. However, just because civil servants make up a small number of the cases, it does not mean they are insulated from the dangers. A national school principal, who declines to be named, says that before Bank Negara imposed its responsible lending guidelines in January last year, many teachers were taking up personal loans of RM30,000 to RM100,000.
"Most of them try to take the maximum level allowed, which is upto 60% of their income, under the salary deduction scheme. They usually take a personal loan to finance land purchases, house renovations, marriages, and sometimes, even house purchases," he says.
"Teachers who are new to the profession, make about RM3,000 per month, including allowances. If they take on a loan that deducts upto 60% of their salary for repayments, it's obvious that it will be difficult to get by, on the remaining 40%."
Meanwhile, bankruptcy cases are on the rise. In 2012, the number of insolvency cases rose 2.1% to 19,575. The 2012 annual report by the legal affairs division of the Prime Minister's Department, highlights that the majority of insolvency cases were due to car and home purchases, at 27% each, while 17% were due to personal loans.
It should be noted that only 3,737 DMP cases successfully complete the programme. This is just 4% of the total 92,011 cases, from 2007 to June 30 this year.
As bleak as the situation may look, Koid says the numbers indicate that the younger generation is wising up. In 2012, the number of people under the DMP aged between 20 and 30 years old, fell 19.7% to 1,885 cases.
"The statistics show that the number of people between the age of 20 and 30 years old, have reduced year-on-year. We like to think that the younger generation is better at getting information [on debt issues]. This is good progress," Koid says.
Article from The Star dated 21 October 2013
Everyone is feeling the heat with the cost of living rising. Hence, it’s of utmost importance that we learn to manage our finances better.
Under an initiative supported by Bank Negara Malaysia, 988 is collaborating with Agensi Kaunseling Dan Pengurasan Kredit (AKPK, Credit Counselling And Debt Management Agency) to educate the public on this topic.
Whether you’re interested in making, saving or investing money, tune in to 988’s Yuet Lei Yuet Dor Choi (Prosperity Beckons When You Take Charge) every Thursday from 8am to 9am to get expert advice on managing finances and budget planning.
If you’re constantly facing money woes, the simple and practical financial tips should come in handy.
In this 60-minute show, AKPK representative will discuss financial issues commonly faced by the public, with tips on how to overcome them.
Listeners also stand a chance to win RM200 by participating in the show’s SMS contest. Questions will be based on the content of the show. Suria FM will also air a similar show called Doktor Wang Suria every Tuesday from 8am to 9am.
Article from The Star dated 21 October 2013
Everyone is feeling the heat with the cost of living rising. Hence, it’s of utmost importance that we learn to manage our finances better.
Under an initiative supported by Bank Negara Malaysia, 988 is collaborating with Agensi Kaunseling Dan Pengurasan Kredit (AKPK, Credit Counselling And Debt Management Agency) to educate the public on this topic.
Whether you’re interested in making, saving or investing money, tune in to 988’s Yuet Lei Yuet Dor Choi (Prosperity Beckons When You Take Charge) every Thursday from 8am to 9am to get expert advice on managing finances and budget planning.
If you’re constantly facing money woes, the simple and practical financial tips should come in handy.
In this 60-minute show, AKPK representative will discuss financial issues commonly faced by the public, with tips on how to overcome them.
Listeners also stand a chance to win RM200 by participating in the show’s SMS contest. Questions will be based on the content of the show. Suria FM will also air a similar show called Doktor Wang Suria every Tuesday from 8am to 9am.
Okt 30, 2013 | financialmanagement
Article from The Star dated 21 October 2013
Everyone is feeling the heat with the cost of living rising. Hence, it’s of utmost importance that we learn to manage our finances better.
Under an initiative supported by Bank Negara Malaysia, 988 is collaborating with Agensi Kaunseling Dan Pengurasan Kredit (AKPK, Credit Counselling And Debt Management Agency) to educate the public on this topic.
Whether you’re interested in making, saving or investing money, tune in to 988’s Yuet Lei Yuet Dor Choi (Prosperity Beckons When You Take Charge) every Thursday from 8am to 9am to get expert advice on managing finances and budget planning.
If you’re constantly facing money woes, the simple and practical financial tips should come in handy.
In this 60-minute show, AKPK representative will discuss financial issues commonly faced by the public, with tips on how to overcome them.
Listeners also stand a chance to win RM200 by participating in the show’s SMS contest. Questions will be based on the content of the show. Suria FM will also air a similar show called Doktor Wang Suria every Tuesday from 8am to 9am.
Artikel dari Berita Harian, 12 Ogos 2013
Kuala Lumpur: Topik pengurusan kewangan dalam Modul Bersepadu Kursus Pra-Perkahwinan Islam (MBKPI) perlu ditambah baik dan diberi penekanan bagi mengurangkan kadar perceraian akibat masalah berkaitan kewangan.
Pengerusi Majlis Perunding Wanita Yayasan Dakwah Islamiah Malaysia (MPWIM YADIM), Prof Madya Datin Noor Aziah Mohd Awal, berkata Jabatan Kemajuan Islam Malaysia (JAKIM) perlu memandang serius perkara itu dengan menekankan topik mengenai bagaimana merencana pengurusan kewangan dalam institusi keluarga.
“Topik itu perlu dikaji dan ditambah baik pengisiannya. Majoriti masalah dirujuk kepada MPWIM YADIM mempunyai kaitan rapat dengan pengurusan kewangan, pemberian nafkah zahir serta campur tangan pihak ketiga.
“Tiga perkara itu sentiasa berkait rapat antara satu sama lain. Apabila ada campur tangan pihak ketiga, pelbagai masalah lain akan timbul termasuk pengurusan kewangan dan pemberian nafkah,” katanya ketika dihubungi BH.
Kualiti kehidupan
Mengulas laporan BH semalam mengenai lebih 60 peratus kes perceraian dalam kalangan pasangan Islam di negara ini berpunca daripada masalah kewangan, beliau berkata, perceraian adalah isu besar yang perlu diberi perhatian kerana membabitkan pelbagai perkara termasuk kualiti kehidupan keluarga dan anak.
“Banyak pihak akan terbabit jika berlaku perceraian. Selain itu, sikap tidak ‘ukur baju di badan sendiri’ dan suka berbelanja ‘besar kerak daripada periuk’ menyebabkan ramai terjerumus ke dalam masalah itu. Berbelanjalah ikut kemampuan, jangan terlalu ikut nafsu kerana selepas berkahwin, banyak lagi perkara perlu difikirkan,” katanya.
Ketua Komunikasi Korporat Agensi Kaunseling dan Pengurusan Kredit (AKPK), Mohamad Khalil Jamaldin, pula berkata pihaknya sedia bekerjasama dengan JAKIM bagi mengendalikan program pengurusan kewangan.
“Pelbagai modul boleh disediakan AKPK seperti program khas ‘POWER! Pengurusan Wang Ringgit Anda’ yang diadakan selama empat jam tanpa bayaran. Ia merangkumi enam topik seperti pengurusan aliran tunai, asas meminjam, penggunaan kad kredit secara bijak, pembelian kereta dan rumah serta pengurusan hutang,” katanya.
Katanya, sehingga Mei lalu, seramai 222,942 individu menjalani sesi kaunseling dengan AKPK dan 90,807 daripada mereka termasuk 42 peratus berusia antara 40 hingga 50 tahun dirujuk ke Program Pengurusan Kredit (PPK) selepas didapati tidak mampu mengawal selia sendiri masalah kewangan yang dihadapi.
Artikel dari Berita Harian, 12 Ogos 2013
Kuala Lumpur: Topik pengurusan kewangan dalam Modul Bersepadu Kursus Pra-Perkahwinan Islam (MBKPI) perlu ditambah baik dan diberi penekanan bagi mengurangkan kadar perceraian akibat masalah berkaitan kewangan.
Pengerusi Majlis Perunding Wanita Yayasan Dakwah Islamiah Malaysia (MPWIM YADIM), Prof Madya Datin Noor Aziah Mohd Awal, berkata Jabatan Kemajuan Islam Malaysia (JAKIM) perlu memandang serius perkara itu dengan menekankan topik mengenai bagaimana merencana pengurusan kewangan dalam institusi keluarga.
“Topik itu perlu dikaji dan ditambah baik pengisiannya. Majoriti masalah dirujuk kepada MPWIM YADIM mempunyai kaitan rapat dengan pengurusan kewangan, pemberian nafkah zahir serta campur tangan pihak ketiga.
“Tiga perkara itu sentiasa berkait rapat antara satu sama lain. Apabila ada campur tangan pihak ketiga, pelbagai masalah lain akan timbul termasuk pengurusan kewangan dan pemberian nafkah,” katanya ketika dihubungi BH.
Kualiti kehidupan
Mengulas laporan BH semalam mengenai lebih 60 peratus kes perceraian dalam kalangan pasangan Islam di negara ini berpunca daripada masalah kewangan, beliau berkata, perceraian adalah isu besar yang perlu diberi perhatian kerana membabitkan pelbagai perkara termasuk kualiti kehidupan keluarga dan anak.
“Banyak pihak akan terbabit jika berlaku perceraian. Selain itu, sikap tidak ‘ukur baju di badan sendiri’ dan suka berbelanja ‘besar kerak daripada periuk’ menyebabkan ramai terjerumus ke dalam masalah itu. Berbelanjalah ikut kemampuan, jangan terlalu ikut nafsu kerana selepas berkahwin, banyak lagi perkara perlu difikirkan,” katanya.
Ketua Komunikasi Korporat Agensi Kaunseling dan Pengurusan Kredit (AKPK), Mohamad Khalil Jamaldin, pula berkata pihaknya sedia bekerjasama dengan JAKIM bagi mengendalikan program pengurusan kewangan.
“Pelbagai modul boleh disediakan AKPK seperti program khas ‘POWER! Pengurusan Wang Ringgit Anda’ yang diadakan selama empat jam tanpa bayaran. Ia merangkumi enam topik seperti pengurusan aliran tunai, asas meminjam, penggunaan kad kredit secara bijak, pembelian kereta dan rumah serta pengurusan hutang,” katanya.
Katanya, sehingga Mei lalu, seramai 222,942 individu menjalani sesi kaunseling dengan AKPK dan 90,807 daripada mereka termasuk 42 peratus berusia antara 40 hingga 50 tahun dirujuk ke Program Pengurusan Kredit (PPK) selepas didapati tidak mampu mengawal selia sendiri masalah kewangan yang dihadapi.
Okt 30, 2013 | financialmanagement
Artikel dari Berita Harian, 12 Ogos 2013
Kuala Lumpur: Topik pengurusan kewangan dalam Modul Bersepadu Kursus Pra-Perkahwinan Islam (MBKPI) perlu ditambah baik dan diberi penekanan bagi mengurangkan kadar perceraian akibat masalah berkaitan kewangan.
Pengerusi Majlis Perunding Wanita Yayasan Dakwah Islamiah Malaysia (MPWIM YADIM), Prof Madya Datin Noor Aziah Mohd Awal, berkata Jabatan Kemajuan Islam Malaysia (JAKIM) perlu memandang serius perkara itu dengan menekankan topik mengenai bagaimana merencana pengurusan kewangan dalam institusi keluarga.
“Topik itu perlu dikaji dan ditambah baik pengisiannya. Majoriti masalah dirujuk kepada MPWIM YADIM mempunyai kaitan rapat dengan pengurusan kewangan, pemberian nafkah zahir serta campur tangan pihak ketiga.
“Tiga perkara itu sentiasa berkait rapat antara satu sama lain. Apabila ada campur tangan pihak ketiga, pelbagai masalah lain akan timbul termasuk pengurusan kewangan dan pemberian nafkah,” katanya ketika dihubungi BH.
Kualiti kehidupan
Mengulas laporan BH semalam mengenai lebih 60 peratus kes perceraian dalam kalangan pasangan Islam di negara ini berpunca daripada masalah kewangan, beliau berkata, perceraian adalah isu besar yang perlu diberi perhatian kerana membabitkan pelbagai perkara termasuk kualiti kehidupan keluarga dan anak.
“Banyak pihak akan terbabit jika berlaku perceraian. Selain itu, sikap tidak ‘ukur baju di badan sendiri’ dan suka berbelanja ‘besar kerak daripada periuk’ menyebabkan ramai terjerumus ke dalam masalah itu. Berbelanjalah ikut kemampuan, jangan terlalu ikut nafsu kerana selepas berkahwin, banyak lagi perkara perlu difikirkan,” katanya.
Ketua Komunikasi Korporat Agensi Kaunseling dan Pengurusan Kredit (AKPK), Mohamad Khalil Jamaldin, pula berkata pihaknya sedia bekerjasama dengan JAKIM bagi mengendalikan program pengurusan kewangan.
“Pelbagai modul boleh disediakan AKPK seperti program khas ‘POWER! Pengurusan Wang Ringgit Anda’ yang diadakan selama empat jam tanpa bayaran. Ia merangkumi enam topik seperti pengurusan aliran tunai, asas meminjam, penggunaan kad kredit secara bijak, pembelian kereta dan rumah serta pengurusan hutang,” katanya.
Katanya, sehingga Mei lalu, seramai 222,942 individu menjalani sesi kaunseling dengan AKPK dan 90,807 daripada mereka termasuk 42 peratus berusia antara 40 hingga 50 tahun dirujuk ke Program Pengurusan Kredit (PPK) selepas didapati tidak mampu mengawal selia sendiri masalah kewangan yang dihadapi.
Article from Homefinder
Azman Hasim, General Manager of Corporate Services at Agensi Kaunseling dan Pengurusan Kredit (AKPK) talks about debt management and the affordability issue. He shares his insights as well as useful tips to help you with your finances.
What is the state of debt in the country and how bad is it really?
Based on our experience at Agensi Kaunseling dan Pengurusan Kredit (AKPK), we have not noticed an alarming trend in terms of the number of people who have sought our assistance in the past month and our statistics show the average number of people who have consulted us has been consistent. A breakdown of customers coming to AKPK for counselling and those who enrolled in our Debt Management Programme (DMP) is listed as below: (updated until 31 July 2013)
| Type of cases | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 (31 Jul 2013) |
Cumulative total as at 31 Jul 2013 |
| Counselling | 32,157 | 41,447 | 36,848 | 30,010 | 31,710 | 35,825 | 21,337 | 229,334 |
| Of which: • DMP |
8,172 | 11,638 | 15,837 | 15,534 | 16,811 | 16,110 | 9,550 | 93,652 |
What would be the ideal debt-to-income ratio?
As an organisation that disseminates information on financial management education, we recommend a debt-to-income ratio level of 40%. This serves as a benchmark to Malaysians to ensure responsible borrowing.
What are the real/hidden problems behind the cries of the debt issue?
Not all debts give rise to an issue. The main concern is when a debt becomes unmanageable. However, with the measures put in place by Bank Negara Malaysia, household debt levels in Malaysia have not reached an alarming state. Non-performing loans make up less than 2% of total household debt.
What should people be aware of to not fall into the debt trap?
Be aware of all terms and conditions of the loan(s) they are taking on – this includes the fine prints as well. Understand these terms and conditions and if in doubt, seek clarification from the bank before you sign up for a loan. Take note of the repayment structure – due date, amount, and effective interest rate charged. Investment scams. To ascertain ones repayment capability before taking on a loan.
Prominent reasons people go into debt?
According to AKPK’s statistics compiled from our customers, the main reason people face financial issues is because they lack financial education. The breakdown of the reasons for unmanageable debts are as below:
| Description | Percentage |
| Poor financial planning | 23 |
| High medical expenses | 20 |
| Others | 19 |
| Failure or slowdown in business | 15 |
| Lost control on usage of credit cards | 11 |
| Lost job/retrenched | 10 |
| Death and/or loss of breadwinner | 1 |
| Failed investment | 1 |
How does one calculate the debt-to-income ratio?
The debt-to-income ratio indicates a person’s total monthly loan repayments against his gross monthly income. A high ratio indicates that a person may not have sufficient cash for his monthly needs. As a general financial rule, the total monthly repayments on all the loans and credit cards should not exceed 40% of the gross monthly income. Calculation for debt-to-income ratio:
(Monthly loan repayments ÷ Gross monthly income) x 100%
Based on this formula, if the ratio is above 40%, one can opt to increase his income and/or lower his loan commitments to improve his situation.
What should be the steps taken by people and policy makers to ensure national debt does not increase?
Some of the steps that can be taken by individuals to ensure their debts do not get out of hand are:
i) Make prudent financial management a way of life – this is the first step to ensure one does not take financial assistance above his monthly repayment capability.
ii) Live within your means
iii) Take financial assistance only for productive purposes
iv) Know how to distinguish between needs and wants – this will help you in managing your disposable income better and will hinder you from taking on unnecessary financial commitments.
What has been done to curb debt and what is AKPK’s role in this?
Bank Negara Malaysia has introduced new guidelines with regards to this matter. AKPK, on the other hand, provides an avenue for adult consumers to seek guidance in managing their finances. AKPK plays a two-pronged role in this situation. The first is as the provider of financial education to promote prudent financial managing habits – a measure to avoid over-indebtedness and productive borrowings. The second is providing financial counselling to all Malaysians, and for those who are unable to manage their finances, to restructure their loan repayment structure by way of AKPK’s Debt Management Programme.
In your opinion, what would be a sustainable solution to the affordability and debt issues?
A sustainable solution to the affordability and debt issues would be to continuously educate consumers on the importance of personal financial management. With sound financial management skills, they will be able to budget their income on a monthly basis, save and prepare themselves financially for economic uncertainties. It is important to live within one’s means as the temptation to overspend is ever present. Thus, nurturing self-discipline in terms of spending is important to avoid these temptations. Be aware and cautious of investment scams – If it is too good to be true, it probably is and invest your hard earned money in credible investment opportunities.
Article from Homefinder
Azman Hasim, General Manager of Corporate Services at Agensi Kaunseling dan Pengurusan Kredit (AKPK) talks about debt management and the affordability issue. He shares his insights as well as useful tips to help you with your finances.
What is the state of debt in the country and how bad is it really?
Based on our experience at Agensi Kaunseling dan Pengurusan Kredit (AKPK), we have not noticed an alarming trend in terms of the number of people who have sought our assistance in the past month and our statistics show the average number of people who have consulted us has been consistent. A breakdown of customers coming to AKPK for counselling and those who enrolled in our Debt Management Programme (DMP) is listed as below: (updated until 31 July 2013)
| Type of cases | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 (31 Jul 2013) |
Cumulative total as at 31 Jul 2013 |
| Counselling | 32,157 | 41,447 | 36,848 | 30,010 | 31,710 | 35,825 | 21,337 | 229,334 |
| Of which: • DMP |
8,172 | 11,638 | 15,837 | 15,534 | 16,811 | 16,110 | 9,550 | 93,652 |
What would be the ideal debt-to-income ratio?
As an organisation that disseminates information on financial management education, we recommend a debt-to-income ratio level of 40%. This serves as a benchmark to Malaysians to ensure responsible borrowing.
What are the real/hidden problems behind the cries of the debt issue?
Not all debts give rise to an issue. The main concern is when a debt becomes unmanageable. However, with the measures put in place by Bank Negara Malaysia, household debt levels in Malaysia have not reached an alarming state. Non-performing loans make up less than 2% of total household debt.
What should people be aware of to not fall into the debt trap?
Be aware of all terms and conditions of the loan(s) they are taking on – this includes the fine prints as well. Understand these terms and conditions and if in doubt, seek clarification from the bank before you sign up for a loan. Take note of the repayment structure – due date, amount, and effective interest rate charged. Investment scams. To ascertain ones repayment capability before taking on a loan.
Prominent reasons people go into debt?
According to AKPK’s statistics compiled from our customers, the main reason people face financial issues is because they lack financial education. The breakdown of the reasons for unmanageable debts are as below:
| Description | Percentage |
| Poor financial planning | 23 |
| High medical expenses | 20 |
| Others | 19 |
| Failure or slowdown in business | 15 |
| Lost control on usage of credit cards | 11 |
| Lost job/retrenched | 10 |
| Death and/or loss of breadwinner | 1 |
| Failed investment | 1 |
How does one calculate the debt-to-income ratio?
The debt-to-income ratio indicates a person’s total monthly loan repayments against his gross monthly income. A high ratio indicates that a person may not have sufficient cash for his monthly needs. As a general financial rule, the total monthly repayments on all the loans and credit cards should not exceed 40% of the gross monthly income. Calculation for debt-to-income ratio:
(Monthly loan repayments ÷ Gross monthly income) x 100%
Based on this formula, if the ratio is above 40%, one can opt to increase his income and/or lower his loan commitments to improve his situation.
What should be the steps taken by people and policy makers to ensure national debt does not increase?
Some of the steps that can be taken by individuals to ensure their debts do not get out of hand are:
i) Make prudent financial management a way of life – this is the first step to ensure one does not take financial assistance above his monthly repayment capability.
ii) Live within your means
iii) Take financial assistance only for productive purposes
iv) Know how to distinguish between needs and wants – this will help you in managing your disposable income better and will hinder you from taking on unnecessary financial commitments.
What has been done to curb debt and what is AKPK’s role in this?
Bank Negara Malaysia has introduced new guidelines with regards to this matter. AKPK, on the other hand, provides an avenue for adult consumers to seek guidance in managing their finances. AKPK plays a two-pronged role in this situation. The first is as the provider of financial education to promote prudent financial managing habits – a measure to avoid over-indebtedness and productive borrowings. The second is providing financial counselling to all Malaysians, and for those who are unable to manage their finances, to restructure their loan repayment structure by way of AKPK’s Debt Management Programme.
In your opinion, what would be a sustainable solution to the affordability and debt issues?
A sustainable solution to the affordability and debt issues would be to continuously educate consumers on the importance of personal financial management. With sound financial management skills, they will be able to budget their income on a monthly basis, save and prepare themselves financially for economic uncertainties. It is important to live within one’s means as the temptation to overspend is ever present. Thus, nurturing self-discipline in terms of spending is important to avoid these temptations. Be aware and cautious of investment scams – If it is too good to be true, it probably is and invest your hard earned money in credible investment opportunities.
Okt 30, 2013 | financialmanagement
Article from Homefinder
Azman Hasim, General Manager of Corporate Services at Agensi Kaunseling dan Pengurusan Kredit (AKPK) talks about debt management and the affordability issue. He shares his insights as well as useful tips to help you with your finances.
What is the state of debt in the country and how bad is it really?
Based on our experience at Agensi Kaunseling dan Pengurusan Kredit (AKPK), we have not noticed an alarming trend in terms of the number of people who have sought our assistance in the past month and our statistics show the average number of people who have consulted us has been consistent. A breakdown of customers coming to AKPK for counselling and those who enrolled in our Debt Management Programme (DMP) is listed as below: (updated until 31 July 2013)
| Type of cases | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 (31 Jul 2013) |
Cumulative total as at 31 Jul 2013 |
| Counselling | 32,157 | 41,447 | 36,848 | 30,010 | 31,710 | 35,825 | 21,337 | 229,334 |
| Of which: • DMP |
8,172 | 11,638 | 15,837 | 15,534 | 16,811 | 16,110 | 9,550 | 93,652 |
What would be the ideal debt-to-income ratio?
As an organisation that disseminates information on financial management education, we recommend a debt-to-income ratio level of 40%. This serves as a benchmark to Malaysians to ensure responsible borrowing.
What are the real/hidden problems behind the cries of the debt issue?
Not all debts give rise to an issue. The main concern is when a debt becomes unmanageable. However, with the measures put in place by Bank Negara Malaysia, household debt levels in Malaysia have not reached an alarming state. Non-performing loans make up less than 2% of total household debt.
What should people be aware of to not fall into the debt trap?
Be aware of all terms and conditions of the loan(s) they are taking on – this includes the fine prints as well. Understand these terms and conditions and if in doubt, seek clarification from the bank before you sign up for a loan. Take note of the repayment structure – due date, amount, and effective interest rate charged. Investment scams. To ascertain ones repayment capability before taking on a loan.
Prominent reasons people go into debt?
According to AKPK’s statistics compiled from our customers, the main reason people face financial issues is because they lack financial education. The breakdown of the reasons for unmanageable debts are as below:
| Description | Percentage |
| Poor financial planning | 23 |
| High medical expenses | 20 |
| Others | 19 |
| Failure or slowdown in business | 15 |
| Lost control on usage of credit cards | 11 |
| Lost job/retrenched | 10 |
| Death and/or loss of breadwinner | 1 |
| Failed investment | 1 |
How does one calculate the debt-to-income ratio?
The debt-to-income ratio indicates a person’s total monthly loan repayments against his gross monthly income. A high ratio indicates that a person may not have sufficient cash for his monthly needs. As a general financial rule, the total monthly repayments on all the loans and credit cards should not exceed 40% of the gross monthly income. Calculation for debt-to-income ratio:
(Monthly loan repayments ÷ Gross monthly income) x 100%
Based on this formula, if the ratio is above 40%, one can opt to increase his income and/or lower his loan commitments to improve his situation.
What should be the steps taken by people and policy makers to ensure national debt does not increase?
Some of the steps that can be taken by individuals to ensure their debts do not get out of hand are:
i) Make prudent financial management a way of life – this is the first step to ensure one does not take financial assistance above his monthly repayment capability.
ii) Live within your means
iii) Take financial assistance only for productive purposes
iv) Know how to distinguish between needs and wants – this will help you in managing your disposable income better and will hinder you from taking on unnecessary financial commitments.
What has been done to curb debt and what is AKPK’s role in this?
Bank Negara Malaysia has introduced new guidelines with regards to this matter. AKPK, on the other hand, provides an avenue for adult consumers to seek guidance in managing their finances. AKPK plays a two-pronged role in this situation. The first is as the provider of financial education to promote prudent financial managing habits – a measure to avoid over-indebtedness and productive borrowings. The second is providing financial counselling to all Malaysians, and for those who are unable to manage their finances, to restructure their loan repayment structure by way of AKPK’s Debt Management Programme.
In your opinion, what would be a sustainable solution to the affordability and debt issues?
A sustainable solution to the affordability and debt issues would be to continuously educate consumers on the importance of personal financial management. With sound financial management skills, they will be able to budget their income on a monthly basis, save and prepare themselves financially for economic uncertainties. It is important to live within one’s means as the temptation to overspend is ever present. Thus, nurturing self-discipline in terms of spending is important to avoid these temptations. Be aware and cautious of investment scams – If it is too good to be true, it probably is and invest your hard earned money in credible investment opportunities.
Artikel dari mStar, 15 Oktober 2013
PETALING JAYA: Sebagai tanda penghargaan kepada pendengar, stesen radio Suria FM mengambil inisiatif membawakan slot 'Doktor Wang Suria' bagi membincangkan isu pengurusan kewangan.
'Doktor Wang Suria' akan keudara selama satu jam bermula 8 pagi hingga 9 pagi, setiap Selasa menerusi segmen 'Ceria Pagi Suria'.
Ketua Bahagian Program Suria FM, Adiwati Zainuddin berkata, slot tersebut dibawakan oleh Agensi Kaunseling dan Pengurusan Kredit (AKPK), yang disokong oleh Bank Negara Malaysia.
"Setiap minggu, pihak kami akan menjemput tetamu bertauliah membincangkan masalah-masalah kewangan yang biasa dihadapi oleh kebanyakkan orang dan tips-tips penyelesaian bagi menjawab pelbagai masalah.
"Selain daripada memberikan info-info berkaitan kewangan terdapat juga kuiz buat para pendengar Suria FM berdasarkan topik yang dibincangkan," katanya.
Tambah Adiwati, pendengar boleh memenangi RM200 - RM1,000 bermula 1 Oktober 2013 hingga 17 Disember 2013 dimana ia dilakukan secara talian di Facebook Suria FM.
Pada Selasa (hari ini), 'Doktor Wang Suria' bersama tetamu khas daripada AKPK akan membincangkan mengenai ‘Cara Untuk Mengurangkan Perbelanjaan’.
"Menerusi topik ini kami akan membantu bagaimana cara untuk mengurangkan perbelanjaan dalam kehidupan seharian dan terdapat juga tips mahu menambah pendapatan sekaligus dapat membantu masalah kewangan yang dialami.
"Saya percaya, menerusi segmen sebegini, ia sedikit sebanyak dapat menyelesaikan isu kewangan yang merupakan masalah utama masyarakat pada hari ini," ujarnya.
Artikel dari mStar, 15 Oktober 2013
PETALING JAYA: Sebagai tanda penghargaan kepada pendengar, stesen radio Suria FM mengambil inisiatif membawakan slot 'Doktor Wang Suria' bagi membincangkan isu pengurusan kewangan.
'Doktor Wang Suria' akan keudara selama satu jam bermula 8 pagi hingga 9 pagi, setiap Selasa menerusi segmen 'Ceria Pagi Suria'.
Ketua Bahagian Program Suria FM, Adiwati Zainuddin berkata, slot tersebut dibawakan oleh Agensi Kaunseling dan Pengurusan Kredit (AKPK), yang disokong oleh Bank Negara Malaysia.
"Setiap minggu, pihak kami akan menjemput tetamu bertauliah membincangkan masalah-masalah kewangan yang biasa dihadapi oleh kebanyakkan orang dan tips-tips penyelesaian bagi menjawab pelbagai masalah.
"Selain daripada memberikan info-info berkaitan kewangan terdapat juga kuiz buat para pendengar Suria FM berdasarkan topik yang dibincangkan," katanya.
Tambah Adiwati, pendengar boleh memenangi RM200 - RM1,000 bermula 1 Oktober 2013 hingga 17 Disember 2013 dimana ia dilakukan secara talian di Facebook Suria FM.
Pada Selasa (hari ini), 'Doktor Wang Suria' bersama tetamu khas daripada AKPK akan membincangkan mengenai ‘Cara Untuk Mengurangkan Perbelanjaan’.
"Menerusi topik ini kami akan membantu bagaimana cara untuk mengurangkan perbelanjaan dalam kehidupan seharian dan terdapat juga tips mahu menambah pendapatan sekaligus dapat membantu masalah kewangan yang dialami.
"Saya percaya, menerusi segmen sebegini, ia sedikit sebanyak dapat menyelesaikan isu kewangan yang merupakan masalah utama masyarakat pada hari ini," ujarnya.
Okt 30, 2013 | financialmanagement
Artikel dari mStar, 15 Oktober 2013
PETALING JAYA: Sebagai tanda penghargaan kepada pendengar, stesen radio Suria FM mengambil inisiatif membawakan slot 'Doktor Wang Suria' bagi membincangkan isu pengurusan kewangan.
'Doktor Wang Suria' akan keudara selama satu jam bermula 8 pagi hingga 9 pagi, setiap Selasa menerusi segmen 'Ceria Pagi Suria'.
Ketua Bahagian Program Suria FM, Adiwati Zainuddin berkata, slot tersebut dibawakan oleh Agensi Kaunseling dan Pengurusan Kredit (AKPK), yang disokong oleh Bank Negara Malaysia.
"Setiap minggu, pihak kami akan menjemput tetamu bertauliah membincangkan masalah-masalah kewangan yang biasa dihadapi oleh kebanyakkan orang dan tips-tips penyelesaian bagi menjawab pelbagai masalah.
"Selain daripada memberikan info-info berkaitan kewangan terdapat juga kuiz buat para pendengar Suria FM berdasarkan topik yang dibincangkan," katanya.
Tambah Adiwati, pendengar boleh memenangi RM200 - RM1,000 bermula 1 Oktober 2013 hingga 17 Disember 2013 dimana ia dilakukan secara talian di Facebook Suria FM.
Pada Selasa (hari ini), 'Doktor Wang Suria' bersama tetamu khas daripada AKPK akan membincangkan mengenai ‘Cara Untuk Mengurangkan Perbelanjaan’.
"Menerusi topik ini kami akan membantu bagaimana cara untuk mengurangkan perbelanjaan dalam kehidupan seharian dan terdapat juga tips mahu menambah pendapatan sekaligus dapat membantu masalah kewangan yang dialami.
"Saya percaya, menerusi segmen sebegini, ia sedikit sebanyak dapat menyelesaikan isu kewangan yang merupakan masalah utama masyarakat pada hari ini," ujarnya.
Arkib
- Januari 2021 (4)
- November 2020 (2)
- Oktober 2020 (1)
- September 2020 (2)
- Ogos 2020 (2)
- Julai 2020 (1)
- Jun 2020 (2)
- Mei 2020 (2)
- April 2020 (4)
- Mac 2020 (1)
- Februari 2020 (1)
- November 2019 (1)
- Oktober 2019 (3)
- September 2019 (3)
- Ogos 2019 (2)
- Julai 2019 (2)
- Jun 2019 (2)
- Mei 2019 (1)
- April 2019 (1)
- Mac 2019 (1)
- Februari 2019 (3)
- Januari 2019 (3)
- November 2018 (4)
- Oktober 2018 (2)
- September 2018 (4)
- Ogos 2018 (2)
- Julai 2018 (1)
- Jun 2018 (1)
- Mei 2018 (2)
- April 2018 (2)
- Mac 2018 (1)
- Februari 2018 (2)
- Januari 2018 (6)
- Julai 2017 (1)
- Jun 2017 (5)
- Mei 2017 (4)
- April 2017 (6)
- Mac 2017 (1)
- Januari 2017 (2)
- Disember 2016 (3)
- November 2016 (6)
- Oktober 2016 (8)
- September 2016 (2)
- Ogos 2016 (8)
- Julai 2016 (2)
- Mei 2016 (1)
- Mac 2016 (1)
- Februari 2016 (11)
- Januari 2016 (2)
- Disember 2015 (6)
- Oktober 2015 (6)
- September 2015 (4)
- Ogos 2015 (7)
- Julai 2015 (6)
- Jun 2015 (6)
- Mei 2015 (6)
- April 2015 (6)
- Februari 2015 (5)
- Januari 2015 (2)
- Disember 2014 (22)
- November 2014 (9)
- Oktober 2014 (10)
- September 2014 (3)
- Ogos 2014 (8)
- Julai 2014 (5)
- Jun 2014 (6)
- Mei 2014 (2)
- April 2014 (10)
- Mac 2014 (13)
- Februari 2014 (23)
- Januari 2014 (16)
- Disember 2013 (1)
- Oktober 2013 (7)
- Ogos 2013 (16)
- Julai 2013 (13)
- Jun 2013 (2)
- Mei 2013 (1)
- Mac 2013 (5)
- Februari 2013 (4)
- Januari 2013 (6)
- Disember 2012 (6)
- November 2012 (11)
- Oktober 2012 (17)
- September 2012 (5)
- Ogos 2012 (14)
- Julai 2012 (3)
- Mei 2012 (1)
- April 2012 (5)
- Februari 2012 (2)
- Januari 2012 (3)
- Disember 2011 (3)
- November 2011 (2)
- Oktober 2011 (3)
- September 2011 (4)
- April 2011 (6)
- Februari 2011 (3)
- Januari 2011 (1)
- Jun 2010 (2)
- Mei 2010 (3)
- Februari 2010 (1)
- Januari 2010 (1)
- Disember 2009 (1)
- November 2009 (2)
- September 2009 (1)
- Ogos 2009 (1)
- Julai 2009 (2)
- Jun 2009 (1)
- Oktober 2008 (1)
- Julai 2008 (1)
- Mei 2008 (1)
- April 2008 (1)
- November 2007 (1)
- Ogos 2007 (1)
- Jun 2007 (1)
- Januari 2007 (3)