Managing my student loan while studying taught me about financial literacy. At the start of the semester when the funds came in, I felt like a rich man. But usually before the semester ended, my bank account would be running low on funds. That bothered me because the funds apportioned for each semester should be sufficient. I quickly learnt that I needed to have a cash flow system and divide my spendings based on a monthly budget. Picking up financial literacy showed me how money affects my lifestyle. I had to keep track of where my money went, so that I would have enough before my semester ended. Listing my spendings was the option. Now that I have graduated and am working as an insurance consultant, I still keep track of where my money goes.
– Maisarah Ahmad Faisal, 24, Kuala Lumpur
