Simple ways to multiply your savings


Amanah Saham Nasional Bhd vice president (Marketing and Sales) Siti Norilah teaching consumers how to use a financial calculator to determine the compounding interest on savings. Photos: The Star/Sam Tham

Whenever Hazlinda Omar’s children receive duit Raya, she encourages them to keep the money in their coin boxes.

“It’s wiser to save their extra pocket money than spend it on toys or junk food. Once their coin boxes are full, the money is then transferred into their savings accounts,” said the bank executive whose children are between four and nine years old.

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