Category Business

Credit Card Travel Insurance Coverage: Get Peace Of Mind

When traveling to a different country, it is always wise to manage your finances properly. Whether you are traveling for leisure, business or even charity, making use of a credit card that is widely accepted in millions of establishments around the globe is a huge advantage. But did you know that your credit card may also insure you?

Travel Insurance: Why It Is Necessary

Travel insurance is a necessity for when you experience an untoward incident affecting your trip. It could be due to flight delays, cancelled bookings, missing baggage, medical emergencies or even lost cash. If you have travel insurance, you are already safeguarding your trip. You would need it whether you are a frequent traveler or on your first trip abroad.

Credit Card Travel Insurance Coverage

To know if your credit card offers travel insurance, you need to read the fine print sent to you when you received your card in the mail. If you’ve already thrown it away, you can find it easily by searching online and looking for your exact credit card. You would need to browse through the fine print to understand what is covered during your trip, as various banks offer different types of credit card travel insurance coverage.

Likewise, check the requirements for qualifying for their travel insurance. Are you required to use the credit card for booking the flight? Must you use it at least once during your trip? Another thing to check is the duration of the coverage. Some credit card companies offer travel insurance for as little as 30 days or much as 90 days from the date of departure and arrival.

Travel insurance can be expensive and complicated. But if you already have one because of your credit card, it is a great plus for you. If you are thinking of getting a new credit card for your travel needs, double-check if they have this feature. Not only will it save you time and money, but it will also give you peace of mind when you are on your way to a different part of the globe.

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4 Ways You’re Losing Out Without a Life Insurance

Life Insurance

When you are in interested in personal financing or wealth building in Malaysia, the topic of life insurance cannot be denied. So here we discuss what you will be missing out on if you do not get a life insurance with savings plan to show you just how effective and relevant life insurance is.


1 . If you do not have life insurance, your family will have a hard time to pay the final costs

The truth of the matter is that there are things to pay for when a person dies. There are the costs of a funeral, medical care, and other things that need to be paid, which may also include estate administration fees, etc.


  1. If you do not have a life insurance policy, you leave your family with worries about debt

For example, if you owe a mortgage on your home or property, the family may not have enough money to pay for those items when you are gone. Missing mortgage payments leads to a high risk of losing the property and home. But a life insurance policy would provide the necessary money to deal with those issues.

you leave your family with worries about debt


  1. If you do not have a life insurance policy, there may not be enough money to pay for your children’s university education

When there is not sufficient money to pay for a university education, children suffer and have to settle for less than ideal circumstances. But having a good college education provided by life insurance money would bring a good, secure life for them since once they graduate, they would likely be able to find a good job with good pay to sustain them.


  1. When you don’t have a life insurance policy, you could be leaving your family without an income

Maybe your spouse or children cannot work due to illness or a lack of jobs being available. Without money from a life insurance policy, they could find themselves in a financial hardship.


To prevent you from worrying about passing these eventualities on to your family after you die, it is advised that you talk about getting a life insurance with savings plan. So be sure to talk to a financial advisor to get things settled well for your peace of mind and the benefit of your family.

talk to a financial advisor

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Worst Financial Decisions of Your 20s and Best Available Ways in Malaysia to Make Them Right

Your 20s are both amazing and terrifying. You are both young to make mistakes and old enough to take wise decisions. This stage of your life, most often than not, determine where you might be in the future. But if there is one thing that you must already be doing in your twenties, it is preparing for your future financially.

Due to the many desires you tend to prioritize during this stage, financial security may fall to the bottom of your list. But you should not despair because below are the most common financial mistakes you tend to do during your 20s and some of the best ways to solve them:


  1. Depending on credit cards
  • Applying for a credit card in Malaysia is easy peasy. Based on your need, Malaysian credit card providers may cater to your very need for as long as you have the capacity to pay. However, habitually living off your credit card may have a significant impact on your life financially especially if your expenses grow larger more than your savings because of it. To prevent this from happening, ensure that you have a budget plan every week to minimize unnecessary spending. Better yet, cancel your credit card if your expenses are becoming out of control.


  1. Saving Alone
  • Saving is probably one of the great things you could do to secure your future financially. However, during our 20s, we tend to forget that saving alone is not enough. As they say, we must learn how to make our money work for us. And the truth is, there is a very efficient way to do this—life insurance with savings plan. Life insurance with savings plan is a kind of specialized insurance in which you may choose the amount of money you want to save as well as the maturity date of the insurance. This type of insurance is very much available in Malaysia and insurance providers may customize this plan depending on their financial capacity at the moment.


  1. Wrong Investments
  • People in their early 20s tend to prioritize things that depreciate over time like cars or gadgets. This has become one of the most common financial mistakes considering that the value of these things tend to go lower over time which may also mean dead end for the money you used. If you wish to avoid this type of mistake, financial planners may be sought for advice. In Malaysia, financial planners are expert individuals who may help you plan your financial life. They may custom fit your needs in the present and future investment, depending on your short-term and long-term plans. To ensure your security, look for financial planners who have passed either the Registered Financial Planners or Certified Financial Planners examination.


Although your 20s may be full of uncertainties, your financial security must always be on top of your list. This would ensure not just your future but the future of your family as well. So if you are looking for ways on how to minimize financial mistakes and make wise money decisions, do not hesitate to look for efficient means and assistance in Malaysia.

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The Benefits of Serviced Offices in Malaysia



Service offices have been popping up everywhere in Malaysia to accommodate the increasing number of small businesses and start-ups being built every year. Yet while serviced offices are seemingly poised to revolutionize the way companies acquire the space they need, most business owners and entrepreneurs ironically remain unaware or intentionally neglect the value that this line of service could bring in.

serviced-office003How Does it Work

A serviced Malaysian office pertains to any individual office space or an entire office building that is fully furnished and overseen by a management company. The said company rents out modules of the building, either whole floors or individual rooms, to other companies. Other terms used to denote this new service line include executive suite, business center, or managed office.

tumblr_m0sb33FINd1qbpp7rWhy Are They Superior to Traditional Office Spaces?

Management companies are able to offer serviced Malaysian offices at more competitive rates and within more flexible terms and conditions as opposed to traditional leasing contracts. For a new business or existing start-up looking to expand to Malaysia, this means you virtually have no upfront costs since furnishing, equipment, and utilities are already packaged into the contract.

Being able to acquire a well-known address is another noteworthy benefit of serviced Malaysian offices. You’ll be able to position your brand in Malaysia’s bustling business centre without having to fight with local competition and pay a hefty premium for even a small amount of space.

The ease of transition also makes managed offices a godsend to many expat entrepreneurs. After you’ve handled the business registration in Malaysia, you’ll simply need to move into the managed space and all the equipment you need to get started is already there. If additional space is required, such as in the event that your company’s size doubles in a matter of weeks, it’s fairly easy to request for more space from the management.

Starter-Image3Alternative to Serviced Spaces

There’s also virtual offices provided by management companies in Malaysia. The only real difference between the two is that virtual offices have no physical space leased. Instead, it is designed to provide business clientele with communication support and tools for effective and timely response to business customers. A virtual office comes with a remote receptionist and virtual assistant. This saves you time in finding reliable front-end employees for your business.

Virtual offices come as the more logical option for businesses with limited budget. The cost of renting out virtual office space comes at a fraction of the rent or lease of both traditional and serviced real estate. Similar to a managed office, you’ll also be given a prestigious physical address that can add value to your brand and make it more trustworthy to your target market.

Whether you choose serviced space or virtual space, make sure to ask for professional advice with a local property agent. Not all management companies operate at the same efficiency and capacity, so it’s prudent to examine how they price their monthly rates, what services are included, and how much support you’ll actually be receiving.


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Why Office Space is Important For Entrepreneurs


building businessStarting a business is a dream that millions of people around the world have. However, in order to succeed with your own business it takes a lot of hard work and dedication. One of the most important aspects of success for entrepreneurs is their office space. People that start their own business must be as productive as possible with their time. There are many people that are competing to get their small business started, so anything that can be done as an advantage will go a long way.

When looking for office space in Malaysia, it is important to consider the impact that it will have on your productivity. Here are several tips for business owners that want to be as productive as possible.


Start With A Plan

Anyone that is in business should have some sort of plan for their future. There are many different people that have had great success in business simply by having a great plan and executing it. The most successful people in business are those that can think out many years in to the future. As a business owner, it is important to always think with a long term mentality with your business. Your business plan should outline how you plan to win in the marketplace and increase profits. Always start with a plan to boost your productivity.


Business plan

things to consider in a business plan


Eliminate Distractions

One of the most important parts of choosing an office space is to eliminate any distractions that you may be facing. There are only so many hours in a day, and it is important that a business owner use his or her time wisely. There are many different ways that an office space can be designed to eliminate distractions. It is important for a business owner to understand issues they are facing and eliminate them quickly.


time is gold

time is gold, use it wisely


productivityEmployee Productivity

At some point, a business that is growing will have to hire employees. This can be a huge help to business owners, but it is important that the employees are being as productive as possible in their work. No one wants to pay employees to perform a job incorrectly or without passion. Designing an office space that maximizes employee productivity is something that many business owners have done over the past couple of years. Anything that you can do to make your employees better is value added time.



Entrepreneurs must work as hard as possible in order to succeed. There are many people in business that are fighting for market share and profits. One of the best ways to get a competitive advantage in this area is the office space that you are using. There are many ways to enhance productivity and morale in this area.


office space



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Find the Right Property for You in Singapore

Singapore is a place diverse in its dwellings. Some people choose to live in apartments right in the heart of everything, and they are always on the go. Others choose more spacious areas to raise a family, and they spent plenty of time in their large homes. No one right answer exists as to what is right for you. Instead, you must consider a variety of factors when determining what type of property to search for in Singapore.


Your Budget

buying home budget

Your ability to purchase or rent a property is going to depend heavily upon your financial ability. Instead of going out there to see what is available, you should consider the benefit of getting a pre-approval first. By obtaining a pre-approval, you have a strong sense of what you can afford, so you can look at appropriate properties. You might feel tempted to go out of your budget to get that condominium you really want, but remember, exceeding your budget can hurt you in the long term.


Desired Location

Singapore is a large, and you have many different options to choose from. Saying that you are going to buy a property in Singapore and that you are willing to look literally anywhere can be an overwhelming thought. Instead, start to pair down your list of options. Select several different neighborhoods that are of interest to you. When you are deciding what neighborhood you want to live in, you need to take an array of different factors into account.


Factors to Focus on

As you are browsing through different neighborhoods, you should absolutely take a look at the crime rates. While crime rates can certainly change in an area over a period of time, finding out the current situation can help you to have a sense of what the area is like. On top of that, you should also conduct some research on the school districts if you have children or are planning to have children. The reputation of the school could change over time too, so studying patterns of both the school districts and the crime rates is important. Living in an area with volatile reputations for both could leave you with trouble later. On top of that, see how long of a commute you would have to work or school from a particular area.


researching a neighborhood


Size of Your Family

One of the elements that influences whether you need a studio apartment or a large house is the size of your family. Still though, you can take a liberal approach to that situation. For example, instead of deciding that each of your children need his or her own bedroom, you could set up one bedroom for the boys and one bedroom for the girls if you are struggling to find a property within your budget.


boys and girls bedroom

Boys and girls bedroom


family sizeNot only do you need to take into account the current size of your family, but you also need to look to the future. While you can certainly move if your family grows, you should also pay attention to your short-term goals. If, for example, you are planning to start having children within the next year or two, small HDB flats in Singapore might be better left to single individuals or couples who have no immediate plans of adding children to their families.

Searching for property in Singapore might feel overwhelming because the area is so big and you also have an array of choices. Still though, you can find the right property for you. Taking the time to break down the different options and seeing what makes the most sense for you will guide your journey.

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