Make it a habit to save for rainy days


ACCORDING to the International Monetary Fund ( IMF), there will be significant inflation pressure throughout the world in 2022 with developing economies being the worst hit.

As ordinary denizens of the planet, we have to learn to adjust to the challenging economic situations by tightening up our belts. For starters, we need to heed the advice of financial planning experts, who are saying that we should not simply withdraw our savings, including our Employees Provident Fund (EPF), or invest without first studying the market thoroughly.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
letters , saving , money , economy

Next In Letters

Safety training programme warrants closer scrutiny
Call for full declassification of concession agreements
Amended Act ensures fairness in arbitration law �
China's 15th five-year plan, sustainable development goals and cooperation with Malaysia
Labour issues must be resolved to stem brain drain�
Tackling bias in automated decision-making systems�
On-the-ground reality of childcare fee tax relief
Tun Razak's legacy 50 years on: From commemoration to cultivation for Malaysia's future
Avoid treating chatbots as confidants or medical advisers
Broad protections for free speech have real costs�

Others Also Read