Good financial habits to get you through tough times

1. Budget Yourself

Everyone needs budget, no matter their income. Make a list of your essential expenses, such as your rent or loan payment, electricity bills, and groceries. Then add in other subscriptions. Once you have it all listed out, start cutting back on non-essentials

2. Avoid Impulse Buying

You should plan and only buy what you need. During this time, it’s more important than ever to save every Ringgit because when you save, you are also earning.
Make a checklist of items that could be needs or wants in your home. By doing so, you have a priority list of the essential items you need.

3. Pay Your Bills Ahead of Time

When you pay your bills ahead of time, you avoid the risk of forgetting about your due date and getting hit with late fees or shut-off notices.

Paying bills late hurts your credit score. Having a good credit score is considered exceptionally good to most banks and lenders. 

4. Enjoy Flexible Payments  

Making smart purchases using this method provides a few perks and benefits such as rebates and additional discounts provided by the platform or merchants. It offers flexible payments with no interest, no upfront costs, and no fees as long as you repay on time.

5. Be Better Prepared for the Unexpected  

Take advantage of this rare opportunity to enjoy subsidised incentives from the government under PenjanaGig by Sosco to protect you while you’re delivering or sending a passenger. Want to know more? Click here

6. Look for the Good Deals

Buying in bulk could save you money, whether it’s something you and your family may regularly use, like toothpaste, shower gels etc. 
Look out for the monthly promotional sales (8.8, 9.9, 10.10, 11.11, 12.12). Smart consumers would also combine it with other vouchers. 
Ready to stretchhh your Ringgit?

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