
Artikel dari Sinar Harian 1 Julai 2015
KUALA LUMPUR - Sebanyak 2.8 juta permohonan kad kredit diterima institusi kewangan negara tahun lalu.
Timbalan Menteri Kewangan II, Datuk Chua Tee Yong berkata, daripada jumlah itu hanya 1.2 juta permohonan diluluskan.
Menurutnya, langkah itu diambil Bank Negara Malaysia (BNM) bagi mengawal penggunaan kad kredit khususnya golongan muda.
“Kad kredit ini umpama pisau, jika diguna dengan baik akan beri manfaat tetapi jika di salah guna akan membahayakan,” katanya pada Dewan Negara ketika menjawab soalan Senator Datuk Ng Chiang Chin.
Chiang Chin meminta penjelasan menteri apakah tindakan kerajaan bagi mengetatkan syarat pengeluaran kad kredit khususnya pada graduan yang baru bekerja.
Menurut Tee Yong, kerajaan melalui BNM telah mengetatkan syarat pengeluaran kad kredit dengan menaikkan syarat minimum daripada RM18,000 setahun kepada RM24,000.
“Pemegang kad kredit yang berpendapatan RM36,000 setahun atau kurang hanya boleh memiliki kad kredit dari dua pengeluar sahaja serta had maksimum kredit tidak melebihi dua kali ganda pendapatan bulanan pemegang kad.
“Pengeluar kad kredit perlu mengambil kira potongan berkanun seperti Kumpulan Wang Simpanan Pekerja dan cukai pendapatan serta obligasi pembayaran balik hutang semasa, sebelum meluluskan sebarang permohonan kad kredit," katanya.
Jelasnya, BNM juga memberikan tekanan terhadap pendidikan kepada pengguna kad kredit secara berhemah melalui web Bankinginfo dan buku kecil maklumat
Tee Yong berkata, sejak Januari 2011 hingga Mei 2015 seramai 732,051 telah menghadiri program kewangan di bawah anjuran Agensi Kaunseling dan Pengurusan Kredit (AKPK).
Menurutnya, daripada data Jabatan Insolvensi sebab utama kebankrapan bukanlah disebabkan kad kredit sebaliknya kegagalan menjelaskan bayaran sewa beli kenderaan dan pinjaman perumahan.
Artikel dari Sinar Harian 1 Julai 2015
KUALA LUMPUR - Sebanyak 2.8 juta permohonan kad kredit diterima institusi kewangan negara tahun lalu.
Timbalan Menteri Kewangan II, Datuk Chua Tee Yong berkata, daripada jumlah itu hanya 1.2 juta permohonan diluluskan.
Menurutnya, langkah itu diambil Bank Negara Malaysia (BNM) bagi mengawal penggunaan kad kredit khususnya golongan muda.
“Kad kredit ini umpama pisau, jika diguna dengan baik akan beri manfaat tetapi jika di salah guna akan membahayakan,” katanya pada Dewan Negara ketika menjawab soalan Senator Datuk Ng Chiang Chin.
Chiang Chin meminta penjelasan menteri apakah tindakan kerajaan bagi mengetatkan syarat pengeluaran kad kredit khususnya pada graduan yang baru bekerja.
Menurut Tee Yong, kerajaan melalui BNM telah mengetatkan syarat pengeluaran kad kredit dengan menaikkan syarat minimum daripada RM18,000 setahun kepada RM24,000.
“Pemegang kad kredit yang berpendapatan RM36,000 setahun atau kurang hanya boleh memiliki kad kredit dari dua pengeluar sahaja serta had maksimum kredit tidak melebihi dua kali ganda pendapatan bulanan pemegang kad.
“Pengeluar kad kredit perlu mengambil kira potongan berkanun seperti Kumpulan Wang Simpanan Pekerja dan cukai pendapatan serta obligasi pembayaran balik hutang semasa, sebelum meluluskan sebarang permohonan kad kredit," katanya.
Jelasnya, BNM juga memberikan tekanan terhadap pendidikan kepada pengguna kad kredit secara berhemah melalui web Bankinginfo dan buku kecil maklumat
Tee Yong berkata, sejak Januari 2011 hingga Mei 2015 seramai 732,051 telah menghadiri program kewangan di bawah anjuran Agensi Kaunseling dan Pengurusan Kredit (AKPK).
Menurutnya, daripada data Jabatan Insolvensi sebab utama kebankrapan bukanlah disebabkan kad kredit sebaliknya kegagalan menjelaskan bayaran sewa beli kenderaan dan pinjaman perumahan.
Jul 06, 2015 | financialmanagement
Artikel dari Sinar Harian 1 Julai 2015
KUALA LUMPUR - Sebanyak 2.8 juta permohonan kad kredit diterima institusi kewangan negara tahun lalu.
Timbalan Menteri Kewangan II, Datuk Chua Tee Yong berkata, daripada jumlah itu hanya 1.2 juta permohonan diluluskan.
Menurutnya, langkah itu diambil Bank Negara Malaysia (BNM) bagi mengawal penggunaan kad kredit khususnya golongan muda.
“Kad kredit ini umpama pisau, jika diguna dengan baik akan beri manfaat tetapi jika di salah guna akan membahayakan,” katanya pada Dewan Negara ketika menjawab soalan Senator Datuk Ng Chiang Chin.
Chiang Chin meminta penjelasan menteri apakah tindakan kerajaan bagi mengetatkan syarat pengeluaran kad kredit khususnya pada graduan yang baru bekerja.
Menurut Tee Yong, kerajaan melalui BNM telah mengetatkan syarat pengeluaran kad kredit dengan menaikkan syarat minimum daripada RM18,000 setahun kepada RM24,000.
“Pemegang kad kredit yang berpendapatan RM36,000 setahun atau kurang hanya boleh memiliki kad kredit dari dua pengeluar sahaja serta had maksimum kredit tidak melebihi dua kali ganda pendapatan bulanan pemegang kad.
“Pengeluar kad kredit perlu mengambil kira potongan berkanun seperti Kumpulan Wang Simpanan Pekerja dan cukai pendapatan serta obligasi pembayaran balik hutang semasa, sebelum meluluskan sebarang permohonan kad kredit," katanya.
Jelasnya, BNM juga memberikan tekanan terhadap pendidikan kepada pengguna kad kredit secara berhemah melalui web Bankinginfo dan buku kecil maklumat
Tee Yong berkata, sejak Januari 2011 hingga Mei 2015 seramai 732,051 telah menghadiri program kewangan di bawah anjuran Agensi Kaunseling dan Pengurusan Kredit (AKPK).
Menurutnya, daripada data Jabatan Insolvensi sebab utama kebankrapan bukanlah disebabkan kad kredit sebaliknya kegagalan menjelaskan bayaran sewa beli kenderaan dan pinjaman perumahan.

Article from The Star
PETALING JAYA: Sandra’s* marriage ended because of her taste for expensive shoes, clothes and jewellery despite not earning enough.
After her divorce, she quit her job and hoped to earn more from her multi-level marketing business.
But the single mother still spent excessively and was soon buried in debts amounting to RM70,000.
She tried to end her life but ended up in hospital and was referred to the Credit Counselling and Debt Management Agency (AKPK).
Compulsive spending also caused financial collapse for couple Hassan* and Laila*, who earned decent incomes.
A few years ago, they could hardly make payments for their credit cards. Both took personal loans to pay off the credit card debts but ended up defaulting more on payments.
Laila’s employer advised her to go to AKPK where she and her husband underwent a debt management programme.
In another case, civil servant Alice* contributed a big part of her RM2,000 salary to support the family’s expenses, leaving her with very little savings.
She was approached by an MLM company that sold essential oils and was promised a monthly income of RM5,000, if she invested RM41,000 in the company.
Alice applied for a personal loan and at first received RM8,000 monthly. But the company persuaded her to invest more and she applied for an additional loan of RM19,000.
She quit her job to go full-time in the business but soon found out that the company was involved in a scam that was banned by the Government. She failed to claim back her money, lost her source of income and was unemployed for two years before finding a job as a draughtswoman.
She reached out to AKPK to help her pay off her loans.
In another case, Teh*, an assistant in a furniture shop earned RM1,500 and lived a simple life with his parents until he fell in love with a girl.
To impress her, he bought her a car costing RM77,000 through a 100% hire purchase loan – with RM835 monthly instalments spread over nine years.
About 60% of his salary went into instalments and, to make matters worse, the shop where he worked faced a business slowdown and could not pay his salary on time.
The car was soon repossessed and auctioned for RM29,000. And, his girlfriend left him. He finally found another job in Johor Bharu that paid RM2,000 monthly.
As the bank continued to harass Teh for payments, a friend referred him to AKPK.
* Names have been changed to protect their identities.
Article from The Star
PETALING JAYA: Sandra’s* marriage ended because of her taste for expensive shoes, clothes and jewellery despite not earning enough.
After her divorce, she quit her job and hoped to earn more from her multi-level marketing business.
But the single mother still spent excessively and was soon buried in debts amounting to RM70,000.
She tried to end her life but ended up in hospital and was referred to the Credit Counselling and Debt Management Agency (AKPK).
Compulsive spending also caused financial collapse for couple Hassan* and Laila*, who earned decent incomes.
A few years ago, they could hardly make payments for their credit cards. Both took personal loans to pay off the credit card debts but ended up defaulting more on payments.
Laila’s employer advised her to go to AKPK where she and her husband underwent a debt management programme.
In another case, civil servant Alice* contributed a big part of her RM2,000 salary to support the family’s expenses, leaving her with very little savings.
She was approached by an MLM company that sold essential oils and was promised a monthly income of RM5,000, if she invested RM41,000 in the company.
Alice applied for a personal loan and at first received RM8,000 monthly. But the company persuaded her to invest more and she applied for an additional loan of RM19,000.
She quit her job to go full-time in the business but soon found out that the company was involved in a scam that was banned by the Government. She failed to claim back her money, lost her source of income and was unemployed for two years before finding a job as a draughtswoman.
She reached out to AKPK to help her pay off her loans.
In another case, Teh*, an assistant in a furniture shop earned RM1,500 and lived a simple life with his parents until he fell in love with a girl.
To impress her, he bought her a car costing RM77,000 through a 100% hire purchase loan – with RM835 monthly instalments spread over nine years.
About 60% of his salary went into instalments and, to make matters worse, the shop where he worked faced a business slowdown and could not pay his salary on time.
The car was soon repossessed and auctioned for RM29,000. And, his girlfriend left him. He finally found another job in Johor Bharu that paid RM2,000 monthly.
As the bank continued to harass Teh for payments, a friend referred him to AKPK.
* Names have been changed to protect their identities.
Jul 06, 2015 | financialmanagement
Article from The Star
PETALING JAYA: Sandra’s* marriage ended because of her taste for expensive shoes, clothes and jewellery despite not earning enough.
After her divorce, she quit her job and hoped to earn more from her multi-level marketing business.
But the single mother still spent excessively and was soon buried in debts amounting to RM70,000.
She tried to end her life but ended up in hospital and was referred to the Credit Counselling and Debt Management Agency (AKPK).
Compulsive spending also caused financial collapse for couple Hassan* and Laila*, who earned decent incomes.
A few years ago, they could hardly make payments for their credit cards. Both took personal loans to pay off the credit card debts but ended up defaulting more on payments.
Laila’s employer advised her to go to AKPK where she and her husband underwent a debt management programme.
In another case, civil servant Alice* contributed a big part of her RM2,000 salary to support the family’s expenses, leaving her with very little savings.
She was approached by an MLM company that sold essential oils and was promised a monthly income of RM5,000, if she invested RM41,000 in the company.
Alice applied for a personal loan and at first received RM8,000 monthly. But the company persuaded her to invest more and she applied for an additional loan of RM19,000.
She quit her job to go full-time in the business but soon found out that the company was involved in a scam that was banned by the Government. She failed to claim back her money, lost her source of income and was unemployed for two years before finding a job as a draughtswoman.
She reached out to AKPK to help her pay off her loans.
In another case, Teh*, an assistant in a furniture shop earned RM1,500 and lived a simple life with his parents until he fell in love with a girl.
To impress her, he bought her a car costing RM77,000 through a 100% hire purchase loan – with RM835 monthly instalments spread over nine years.
About 60% of his salary went into instalments and, to make matters worse, the shop where he worked faced a business slowdown and could not pay his salary on time.
The car was soon repossessed and auctioned for RM29,000. And, his girlfriend left him. He finally found another job in Johor Bharu that paid RM2,000 monthly.
As the bank continued to harass Teh for payments, a friend referred him to AKPK.
* Names have been changed to protect their identities.

Article from Harakah on 14 July 2015
Stop. Wait a minute. Check your purse before it is too late!
Fireworks. Green packets passed around. Aromatic smells of delicious rendang and curry fill the air, making your mouth water. The ketupat, used to decorate the house, brightens the atmosphere with their bright colours of yellow, and green. Hari Raya. A month of celebration after fasting. The feeling of joy when you can eat again to your heart’s desire. Not to mention, the month to get really, really broke.
This situation is not unfamiliar for all of us. In fact, we usually find ourselves short on cash during this festive season every year. Year, after year, we skip reading articles that tell us to save wisely this Raya, and go all out on spending. However, after purchasing a ton of new clothes, food, and decorations, or even spending it on a holiday with no budget, your wallet seems to be lacking in size. Sound familiar? For most of us, this tends to happen to us a lot.
Picture this: You were intending to save your money for an iPhone 6 plus, or the Samsung S6 Edge. Not to mention, if you were to use your credit card, it would take with what feels like forever to pay back the loans with interest, to the bank. What now? You have been wanting a new phone for ages, but it is hard to not spend money, especially when Raya sales are everywhere.
If only you could turn the hands of time, and take back purchasing the items you do not need. Having a budget sounded like a party pooper before, but now it looks like the only way you could to be able to afford for a phone, a car, or even a house in the near future. Oh Raya, such a time to enjoy, but also a time to remember we have to control our temptations to spend.
What about consulting the experts on financial planning? Nah, those things cost money, which is not something you want to spare at the moment. But wait! You remember seeing a TV ad about an agency that provides financial management services for FREE, what was the name of it again? After looking it up, you learn that the Agensi Kaunseling dan Pengurusan Kredit provides financial education to the public, and helps individuals with financial planning for the future!
You schedule an appointment, and the counsellor gives useful tips on saving at least 10% of your allowance, as well as spending within your means. Now your head is lighter, and your wallet is not as thin as before, because you are saving money.
Plan for tomorrow. Plan for the future. Plan now.
Together with AKPK, you can achieve your goals and dreams. Don’t wait.
Article from Harakah on 14 July 2015
Stop. Wait a minute. Check your purse before it is too late!
Fireworks. Green packets passed around. Aromatic smells of delicious rendang and curry fill the air, making your mouth water. The ketupat, used to decorate the house, brightens the atmosphere with their bright colours of yellow, and green. Hari Raya. A month of celebration after fasting. The feeling of joy when you can eat again to your heart’s desire. Not to mention, the month to get really, really broke.
This situation is not unfamiliar for all of us. In fact, we usually find ourselves short on cash during this festive season every year. Year, after year, we skip reading articles that tell us to save wisely this Raya, and go all out on spending. However, after purchasing a ton of new clothes, food, and decorations, or even spending it on a holiday with no budget, your wallet seems to be lacking in size. Sound familiar? For most of us, this tends to happen to us a lot.
Picture this: You were intending to save your money for an iPhone 6 plus, or the Samsung S6 Edge. Not to mention, if you were to use your credit card, it would take with what feels like forever to pay back the loans with interest, to the bank. What now? You have been wanting a new phone for ages, but it is hard to not spend money, especially when Raya sales are everywhere.
If only you could turn the hands of time, and take back purchasing the items you do not need. Having a budget sounded like a party pooper before, but now it looks like the only way you could to be able to afford for a phone, a car, or even a house in the near future. Oh Raya, such a time to enjoy, but also a time to remember we have to control our temptations to spend.
What about consulting the experts on financial planning? Nah, those things cost money, which is not something you want to spare at the moment. But wait! You remember seeing a TV ad about an agency that provides financial management services for FREE, what was the name of it again? After looking it up, you learn that the Agensi Kaunseling dan Pengurusan Kredit provides financial education to the public, and helps individuals with financial planning for the future!
You schedule an appointment, and the counsellor gives useful tips on saving at least 10% of your allowance, as well as spending within your means. Now your head is lighter, and your wallet is not as thin as before, because you are saving money.
Plan for tomorrow. Plan for the future. Plan now.
Together with AKPK, you can achieve your goals and dreams. Don’t wait.
Jul 14, 2015 | financialmanagement
Article from Harakah on 14 July 2015
Stop. Wait a minute. Check your purse before it is too late!
Fireworks. Green packets passed around. Aromatic smells of delicious rendang and curry fill the air, making your mouth water. The ketupat, used to decorate the house, brightens the atmosphere with their bright colours of yellow, and green. Hari Raya. A month of celebration after fasting. The feeling of joy when you can eat again to your heart’s desire. Not to mention, the month to get really, really broke.
This situation is not unfamiliar for all of us. In fact, we usually find ourselves short on cash during this festive season every year. Year, after year, we skip reading articles that tell us to save wisely this Raya, and go all out on spending. However, after purchasing a ton of new clothes, food, and decorations, or even spending it on a holiday with no budget, your wallet seems to be lacking in size. Sound familiar? For most of us, this tends to happen to us a lot.
Picture this: You were intending to save your money for an iPhone 6 plus, or the Samsung S6 Edge. Not to mention, if you were to use your credit card, it would take with what feels like forever to pay back the loans with interest, to the bank. What now? You have been wanting a new phone for ages, but it is hard to not spend money, especially when Raya sales are everywhere.
If only you could turn the hands of time, and take back purchasing the items you do not need. Having a budget sounded like a party pooper before, but now it looks like the only way you could to be able to afford for a phone, a car, or even a house in the near future. Oh Raya, such a time to enjoy, but also a time to remember we have to control our temptations to spend.
What about consulting the experts on financial planning? Nah, those things cost money, which is not something you want to spare at the moment. But wait! You remember seeing a TV ad about an agency that provides financial management services for FREE, what was the name of it again? After looking it up, you learn that the Agensi Kaunseling dan Pengurusan Kredit provides financial education to the public, and helps individuals with financial planning for the future!
You schedule an appointment, and the counsellor gives useful tips on saving at least 10% of your allowance, as well as spending within your means. Now your head is lighter, and your wallet is not as thin as before, because you are saving money.
Plan for tomorrow. Plan for the future. Plan now.
Together with AKPK, you can achieve your goals and dreams. Don’t wait.

Artikel dari Kosmo
Kuala Lumpur - Agensi Kaunseling dan Pengurusan Kredit (AKPK) menasihati orang ramai agar mengikut beberapa garis panduan yang diberikan bagi menghindari tabiat boros berbelanja.
AKPK dalam satu kenyataan berkata, meskipun pengguna kini sibuk dengan persiapan perayaan tetapi mereka diingatkan untuk tidak terlebih berbelanja memandangkan mereka perlu menyimpan bagi menghadapi situasi yang tidak diduga seperti berlakunya kecemasan.
“Mereka hendaklah menyediakan senarai bajet sebelum keluar membeli belah kerana ia dapat membantu anda berbelanja mengikut peruntukan wang yang telah ditetapkan”.
“Pengguna dinasihatkan untuk menjadi pembeli yang bijak dengan meninjau harga barang dan perkhidmatan selain membuat perbandingan harga bagi mengelakkan diri tertipu”.
“Meskipun banyak pusat membeli-belah mengadakan jualan murah tetapi pengguna diingatkan agar tidak terlalu ghairah untuk mengelakkan mereka terlebih belanja kerana wang yang disimpan boleh digunakan untuk keperluan lain”, katanya di sini semalam.
Sementara itu, AKPK menjelaskan, pengguna hendaklah membuat penilaian untuk membeli baju raya dengan mengambil kira sama ada jenama itu mahal atau tidak atau berbaloi untuk dibeli.
Artikel dari Kosmo
Kuala Lumpur - Agensi Kaunseling dan Pengurusan Kredit (AKPK) menasihati orang ramai agar mengikut beberapa garis panduan yang diberikan bagi menghindari tabiat boros berbelanja.
AKPK dalam satu kenyataan berkata, meskipun pengguna kini sibuk dengan persiapan perayaan tetapi mereka diingatkan untuk tidak terlebih berbelanja memandangkan mereka perlu menyimpan bagi menghadapi situasi yang tidak diduga seperti berlakunya kecemasan.
“Mereka hendaklah menyediakan senarai bajet sebelum keluar membeli belah kerana ia dapat membantu anda berbelanja mengikut peruntukan wang yang telah ditetapkan”.
“Pengguna dinasihatkan untuk menjadi pembeli yang bijak dengan meninjau harga barang dan perkhidmatan selain membuat perbandingan harga bagi mengelakkan diri tertipu”.
“Meskipun banyak pusat membeli-belah mengadakan jualan murah tetapi pengguna diingatkan agar tidak terlalu ghairah untuk mengelakkan mereka terlebih belanja kerana wang yang disimpan boleh digunakan untuk keperluan lain”, katanya di sini semalam.
Sementara itu, AKPK menjelaskan, pengguna hendaklah membuat penilaian untuk membeli baju raya dengan mengambil kira sama ada jenama itu mahal atau tidak atau berbaloi untuk dibeli.
Jul 22, 2015 | financialmanagement
Artikel dari Kosmo
Kuala Lumpur - Agensi Kaunseling dan Pengurusan Kredit (AKPK) menasihati orang ramai agar mengikut beberapa garis panduan yang diberikan bagi menghindari tabiat boros berbelanja.
AKPK dalam satu kenyataan berkata, meskipun pengguna kini sibuk dengan persiapan perayaan tetapi mereka diingatkan untuk tidak terlebih berbelanja memandangkan mereka perlu menyimpan bagi menghadapi situasi yang tidak diduga seperti berlakunya kecemasan.
“Mereka hendaklah menyediakan senarai bajet sebelum keluar membeli belah kerana ia dapat membantu anda berbelanja mengikut peruntukan wang yang telah ditetapkan”.
“Pengguna dinasihatkan untuk menjadi pembeli yang bijak dengan meninjau harga barang dan perkhidmatan selain membuat perbandingan harga bagi mengelakkan diri tertipu”.
“Meskipun banyak pusat membeli-belah mengadakan jualan murah tetapi pengguna diingatkan agar tidak terlalu ghairah untuk mengelakkan mereka terlebih belanja kerana wang yang disimpan boleh digunakan untuk keperluan lain”, katanya di sini semalam.
Sementara itu, AKPK menjelaskan, pengguna hendaklah membuat penilaian untuk membeli baju raya dengan mengambil kira sama ada jenama itu mahal atau tidak atau berbaloi untuk dibeli.

Article taken from Bernama
KUALA LUMPUR,-- It is possible for one's personal finances to go awry in the run-up to the Hari Raya celebration in the absence of proper planning and prudent spending.
The Credit Counselling and Debt Management Agency (AKPK) has offered some relevant tips to guide Muslims into being more thrifty in their festive spending.
Said an officer at its Financial Education Department, Noorhaliza Abu Bakar: "Among the tips that can be used as a guide are shopping early and preparing a list of items they intend to buy. But first, they must be able to differentiate between necessities and desires. And, they should only resort to using their credit card if there's no outstanding balance.
"As consumers, they must make price comparisons to avoid paying more than they should. They should also exercise their will power and not fall for all those cheap sales and promotions, either at shopping centres or online, to avoid overspending," she told Bernama.
Noorhaliza also urged women to team up with their family members to prepare their own Hari Raya cookies and delicacies as they would not only save money this way but become closer to each other as well.
She said care should be taken to ensure that allocations for new clothes and furniture did not exceed the budget, as the temptation to buy certain items on hire purchase schemes would only add to their financial burden.
"Instead of buying new furniture, they can put their creativity to good use by repainting their old furniture and rearranging the living room. They can also do some alterations to their existing curtains and cushions to make them look new.
"As for duit raya, people should only give what they can afford and not try to show off. And, for those returning to their kampungs, try to carpool as it will save money, energy and reduce traffic congestion," she added.
Noorhaliza said one of the advantages of drawing up a budget for Hari Raya was that it would enable people to keep their expenditure within limits, and still have money left for their daily expenditure after the festivities were over.
"Having a budget also prevents one from incurring arrears on their housing and car loans," she said.
Article taken from Bernama
KUALA LUMPUR,-- It is possible for one's personal finances to go awry in the run-up to the Hari Raya celebration in the absence of proper planning and prudent spending.
The Credit Counselling and Debt Management Agency (AKPK) has offered some relevant tips to guide Muslims into being more thrifty in their festive spending.
Said an officer at its Financial Education Department, Noorhaliza Abu Bakar: "Among the tips that can be used as a guide are shopping early and preparing a list of items they intend to buy. But first, they must be able to differentiate between necessities and desires. And, they should only resort to using their credit card if there's no outstanding balance.
"As consumers, they must make price comparisons to avoid paying more than they should. They should also exercise their will power and not fall for all those cheap sales and promotions, either at shopping centres or online, to avoid overspending," she told Bernama.
Noorhaliza also urged women to team up with their family members to prepare their own Hari Raya cookies and delicacies as they would not only save money this way but become closer to each other as well.
She said care should be taken to ensure that allocations for new clothes and furniture did not exceed the budget, as the temptation to buy certain items on hire purchase schemes would only add to their financial burden.
"Instead of buying new furniture, they can put their creativity to good use by repainting their old furniture and rearranging the living room. They can also do some alterations to their existing curtains and cushions to make them look new.
"As for duit raya, people should only give what they can afford and not try to show off. And, for those returning to their kampungs, try to carpool as it will save money, energy and reduce traffic congestion," she added.
Noorhaliza said one of the advantages of drawing up a budget for Hari Raya was that it would enable people to keep their expenditure within limits, and still have money left for their daily expenditure after the festivities were over.
"Having a budget also prevents one from incurring arrears on their housing and car loans," she said.
Jul 22, 2015 | financialmanagement
Article taken from Bernama
KUALA LUMPUR,-- It is possible for one's personal finances to go awry in the run-up to the Hari Raya celebration in the absence of proper planning and prudent spending.
The Credit Counselling and Debt Management Agency (AKPK) has offered some relevant tips to guide Muslims into being more thrifty in their festive spending.
Said an officer at its Financial Education Department, Noorhaliza Abu Bakar: "Among the tips that can be used as a guide are shopping early and preparing a list of items they intend to buy. But first, they must be able to differentiate between necessities and desires. And, they should only resort to using their credit card if there's no outstanding balance.
"As consumers, they must make price comparisons to avoid paying more than they should. They should also exercise their will power and not fall for all those cheap sales and promotions, either at shopping centres or online, to avoid overspending," she told Bernama.
Noorhaliza also urged women to team up with their family members to prepare their own Hari Raya cookies and delicacies as they would not only save money this way but become closer to each other as well.
She said care should be taken to ensure that allocations for new clothes and furniture did not exceed the budget, as the temptation to buy certain items on hire purchase schemes would only add to their financial burden.
"Instead of buying new furniture, they can put their creativity to good use by repainting their old furniture and rearranging the living room. They can also do some alterations to their existing curtains and cushions to make them look new.
"As for duit raya, people should only give what they can afford and not try to show off. And, for those returning to their kampungs, try to carpool as it will save money, energy and reduce traffic congestion," she added.
Noorhaliza said one of the advantages of drawing up a budget for Hari Raya was that it would enable people to keep their expenditure within limits, and still have money left for their daily expenditure after the festivities were over.
"Having a budget also prevents one from incurring arrears on their housing and car loans," she said.

Article from Borneo Post
KUCHING: Credit Counselling and Debt Management Agency (AKPK) has cautioned the public not to be duped by agents marketing their services in debt restructuring using AKPK as a party in their services contract.
AKPK Sarawak Region head Marlene Margaret Nicol said it had come to the agency’s attention that there were agents offering consumers the opportunity to enrol into AKPK’s Debt Management Programme for a fee.
She said as far as AKPK was concerned, its services are free of charge and therefore, AKPK was not in any way associated with any private party operating in such a manner.
Margaret said based on feedbacks from consumers who had been approached, the agents marketed themselves through SMS or mobile applications.
“They seem to know who to approach. How they get the names of the debtors, we do not know.
“But they usually approach those people who have huge debts with the bank and charged them 10 per cent of the outstanding balance for their service fee that runs into thousands of ringgit.
“There have also been instances where these agents have fraudulently used credit cards of consumers until the duped individuals were left with a bigger debt,” she told The Borneo Post yesterday.
Margaret said these unscrupulous parties, which operated from Peninsular Malaysia, even went to the extent of claiming to be representatives of AKPK when contacting consumers.
She said based on consumers’ feedbacks during her credit counselling carried out throughout the state this year, a person had been asked to fly to Kuala Lumpur to sign a contract with the agent, one had been asked to pay RM10,000 and another RM9,000 to the agents as fees for restructuring their debts.
However, upon checking with AKPK, these consumers managed to avoid being duped and instead got a free of charge service from AKPK for the same type of services.
Margaret said AKPK had never appointed nor authorised any individual or any organisation to act as an intermediary or an agent to provide its services to the public.
She recommended that consumers in Sarawak pay a visit to AKPK Sarawak Region office at Bangunan Bank Negara Malaysia, Jalan Satok for a free second opinion on managing personal finances before agreeing to any contract involving payment for debt restructuring programmes.
All of AKPK’s services; namely credit counselling, financial education and the debt management programme are provided free of charge to the Malaysian masses.
AKPK is a wholly-owned subsidiary of Bank Negara Malaysia. Set up to proactively ensure the resilience of households, it provides an avenue for individual borrowers and potential borrowers to seek advice and assistance in managing their finances and debts.
Its mission is to promote financial wellness among Malaysians by empowering them to be financially savvy through consumer education, credit counselling and debt management programmes to enable them to regain control of their finances.
Article from Borneo Post
KUCHING: Credit Counselling and Debt Management Agency (AKPK) has cautioned the public not to be duped by agents marketing their services in debt restructuring using AKPK as a party in their services contract.
AKPK Sarawak Region head Marlene Margaret Nicol said it had come to the agency’s attention that there were agents offering consumers the opportunity to enrol into AKPK’s Debt Management Programme for a fee.
She said as far as AKPK was concerned, its services are free of charge and therefore, AKPK was not in any way associated with any private party operating in such a manner.
Margaret said based on feedbacks from consumers who had been approached, the agents marketed themselves through SMS or mobile applications.
“They seem to know who to approach. How they get the names of the debtors, we do not know.
“But they usually approach those people who have huge debts with the bank and charged them 10 per cent of the outstanding balance for their service fee that runs into thousands of ringgit.
“There have also been instances where these agents have fraudulently used credit cards of consumers until the duped individuals were left with a bigger debt,” she told The Borneo Post yesterday.
Margaret said these unscrupulous parties, which operated from Peninsular Malaysia, even went to the extent of claiming to be representatives of AKPK when contacting consumers.
She said based on consumers’ feedbacks during her credit counselling carried out throughout the state this year, a person had been asked to fly to Kuala Lumpur to sign a contract with the agent, one had been asked to pay RM10,000 and another RM9,000 to the agents as fees for restructuring their debts.
However, upon checking with AKPK, these consumers managed to avoid being duped and instead got a free of charge service from AKPK for the same type of services.
Margaret said AKPK had never appointed nor authorised any individual or any organisation to act as an intermediary or an agent to provide its services to the public.
She recommended that consumers in Sarawak pay a visit to AKPK Sarawak Region office at Bangunan Bank Negara Malaysia, Jalan Satok for a free second opinion on managing personal finances before agreeing to any contract involving payment for debt restructuring programmes.
All of AKPK’s services; namely credit counselling, financial education and the debt management programme are provided free of charge to the Malaysian masses.
AKPK is a wholly-owned subsidiary of Bank Negara Malaysia. Set up to proactively ensure the resilience of households, it provides an avenue for individual borrowers and potential borrowers to seek advice and assistance in managing their finances and debts.
Its mission is to promote financial wellness among Malaysians by empowering them to be financially savvy through consumer education, credit counselling and debt management programmes to enable them to regain control of their finances.
Jul 23, 2015 | financialmanagement
Article from Borneo Post
KUCHING: Credit Counselling and Debt Management Agency (AKPK) has cautioned the public not to be duped by agents marketing their services in debt restructuring using AKPK as a party in their services contract.
AKPK Sarawak Region head Marlene Margaret Nicol said it had come to the agency’s attention that there were agents offering consumers the opportunity to enrol into AKPK’s Debt Management Programme for a fee.
She said as far as AKPK was concerned, its services are free of charge and therefore, AKPK was not in any way associated with any private party operating in such a manner.
Margaret said based on feedbacks from consumers who had been approached, the agents marketed themselves through SMS or mobile applications.
“They seem to know who to approach. How they get the names of the debtors, we do not know.
“But they usually approach those people who have huge debts with the bank and charged them 10 per cent of the outstanding balance for their service fee that runs into thousands of ringgit.
“There have also been instances where these agents have fraudulently used credit cards of consumers until the duped individuals were left with a bigger debt,” she told The Borneo Post yesterday.
Margaret said these unscrupulous parties, which operated from Peninsular Malaysia, even went to the extent of claiming to be representatives of AKPK when contacting consumers.
She said based on consumers’ feedbacks during her credit counselling carried out throughout the state this year, a person had been asked to fly to Kuala Lumpur to sign a contract with the agent, one had been asked to pay RM10,000 and another RM9,000 to the agents as fees for restructuring their debts.
However, upon checking with AKPK, these consumers managed to avoid being duped and instead got a free of charge service from AKPK for the same type of services.
Margaret said AKPK had never appointed nor authorised any individual or any organisation to act as an intermediary or an agent to provide its services to the public.
She recommended that consumers in Sarawak pay a visit to AKPK Sarawak Region office at Bangunan Bank Negara Malaysia, Jalan Satok for a free second opinion on managing personal finances before agreeing to any contract involving payment for debt restructuring programmes.
All of AKPK’s services; namely credit counselling, financial education and the debt management programme are provided free of charge to the Malaysian masses.
AKPK is a wholly-owned subsidiary of Bank Negara Malaysia. Set up to proactively ensure the resilience of households, it provides an avenue for individual borrowers and potential borrowers to seek advice and assistance in managing their finances and debts.
Its mission is to promote financial wellness among Malaysians by empowering them to be financially savvy through consumer education, credit counselling and debt management programmes to enable them to regain control of their finances.
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)