As we embark into a brand new year, it is the perfect time to set new goals and construct better lifestyle plans. While penning down your resolutions for 2018, it is best to consider putting down a solid plan to kick off the new year on the right financial foot. This can often be a confusing and daunting task for many but employing the right steps can aid in making those financial resolutions into a reality.
One of the best ways to improve your financial health is to set goals that are Specific, Measurable, Attainable, Realistic, and Timely (SMART). When a goal is too vague, this is already setting you down the path to failure. In order to ensure that it is a feasible goal, you should be more specific – instead of “save more money,” consider setting a target amount to achieve by the end of the year.
Just like how people track their daily eating habits with the help of a calorie counter app, there are also apps that can be utilized to help with your expense tracking. Inputting your daily input and output of cash will not only make you more mindful of your finances, it will also push you to think about better spending habits.
In our era of modernization, almost everything could be done effortlessly online such as paying bills and purchasing groceries. What most fail to realise is the fact that some of these companies do offer a slight reduction in fees when it is done online. On top of that, you also end up saving on related costs such as fuel and parking charges by doing these at the convenience of your own home – this may not look like much but a little goes a long way when it comes to your finances.
Alternatively, you could expand your finances by putting your spare time to profitable use. One way is to offer tutoring lessons to your local community for a fee based on the skills that you already possess. Aside that, you could also consider selling your things that you no longer use on websites such as Carousell or Mudah.my to earn extra money to feed your financial goals.
There are many other ways we could improve our financial health in this day and age. However, if these steps do not sound enticing enough for you, consider signing up as a MaPEM Card agent! Majlis Pembangunan Ekonomi Malaysia (MaPEM), in collaboration with MPay Sdn Bhd, has just recently launched the MaPEM Mastercard Programme which aims to provide top-notch online financial management service which covers purchase transactions and fund transfers with proper recording system.
By signing up as a MaPEM agent, you will have the opportunity to own a multi-million Ringgit business in a mere six months. For more details, log unto www.mapemcard.com to unlock your full potential today!