Recently, will writing is a hot topic. I've heard the radio advertisement by OSK Will Writing services on MyFM. Rockwills also spent a great advertising budget earlier to be seen on TV. Did you take the advice to save more money by having your will written properly?The main reason to write a will is to make the estate distribution process smoother so that our beneficiaries can receive our accumulated assets in no time. Estate is passed on to our heirs as we wish, how about the outstanding debt? Your mortgage? ...

Recently, I received an email from a reader who is a young mother who is looking for the first medical policy for her daughter. I previously wrote to her this email: Regarding your question about medical insurance for your daughter, I am more than happy to give you the information you need. There are currently 2 kinds of medical insurance ( so called "medical card" ) available from Great Eastern. 1. Great Medicare (GMC) - This is a standalone card which means you don't have to purchase any other plan. It can be bought alone just ...

From time to time, there are certain changes in our lives that may have a significant impact on our insurance needs. We should think of it as a checkup. Most of us go for medical checkup once a year. It might be a simple blood test or a full body examination. Our financial security also need preventive medicine as maintenance. Needs change over time, sometimes it is much more rapidly than we realize. These below circumstances shall trigger us to revise our wealth protection needs. Change in Human Economic Value How do ...

Rebalancing investment portfolio is a very effective way of managing investment risk for passive investors. After you had determined the right asset allocation, rebalancing it at a certain time-based schedule is crucial to ensure the that you practice the simplest strategy of investment --- buy low and sell high. As mentioned in my previous post, this is one of the three secrets of investing in unit trust. Now the question is: How often should we rebalance our investment portfolio? Image: Where you place the money in your hand? Photo Credit: Steve Woods There is ...

After you have signed the proposal form for assurance, please make sure you also name the nominees. A good insurance agent always has his client fill up the nomination form before he leaves. When I do policy revision with my clients, I usually find some policies without nomination which are bought years ago. Let's look at what will happen to the sum assured payout if someone passed away without leaving a name in the nomination column. Here are the options for the life insurance companies in Malaysia: 1. Pay to the ...

In July Edition of Personal Money Magazine, on page 69 to 71, there is an article written by Tho Li Ming regarding tips on getting lower airfares. Tho said that in Malaysia, the first inclination is to check out budget carriers, and if the budget carriers don't fly the route, they will turn to travel fairs like MATTA (Malaysian Association of Tour and Travel Agents) There are seven tips listed in the article. Now I am going to verify the methods by doing some investigation verification. 1. Plot out other ways to ...

Summer Dye is Senior Financial Services Representative with more than five years experience helping people maintain their personal finances. She made a series of video clips showing you the entire process of balancing your checkbook, from gathering together the supplies you'll need to get started, using you check register or ledger, to reading and understanding you bank statement, comparing it with your records, and dealing with outstanding check, banking discrepancies and fraud.Click here for more on "How to Balance Your Checkbook: Personal Banking & Finance Tips"The above video clip show ...

Welcome to the July 23, 2007 edition of personal finance money tips. This is the 1st edition and I am surprised that it received such a great warming respond. There is a total of 29 articles that participated to give this blog readers tremendously helpful money tips. Wealth Distribution Super Saver presents Trusts, Wills and Other Estate Matters posted at My Wealth Builder. Wealth Accumulation Warren Wong presents The Life Pursuit Of Money saying, "Why should making money be a life pursuit? Because making ...

A few days ago, I received an email asking for life insurance advice from a blog reader. I got his permission to publish our discussion here. Below is the email from the reader. Hi KC, I've a question to ask you regarding on the insurance. Currently I'm 29 years old (male) and want to buy my first insurance plan. After few comparison, i felt that Great Eastern is my choice. I am very confused on choosing the product. Two products that recommended by the agent are Investment-linked and Supreme Livin' Care Plus. ...

I was tagged by CheeKui for 8 things about me meme. There'll be less secret for me to keep now. Here is the 8 things you might want to know that I rarely tell people about it myself (I don't mean to brag. If I'm not tagged for this meme, I seldom tell people these stuff unless you notice it or other people told you) 1. I've never work under employment before. Not even a day ever since I graduated from UTM 2. I've got 10As (8A1, 2A2) in my SPM ...