Have you noticed how RM9,000 individual tax relief just isn’t cutting it in today’s cost of living? 🤯
Economists and financial experts are saying it’s time for an upgrade—RM12,000 might be more realistic. That’s because everyday expenses keep rising, and RM9,000 barely stretches to cover even basic costs. Imagine this: dividing RM9,000 by 12 months gives you… less than RM1,000 per month. 😬
Global Politics = Local Wallet Impact 🌍💰
It’s not just taxes that affect our finances. Global geopolitics plays a huge role in Malaysia’s economy too. Case in point: the latest Venezuela crisis.
The U.S. has been poking into Venezuela, citing drugs and security concerns, but the real reason? Oil. 🛢️ Venezuela has the largest proven oil reserves in the world—more than Saudi Arabia and Russia combined.
The U.S., a superpower, often intervenes in countries that produce oil but don’t trade it in U.S. dollars. This isn’t just about Venezuela; history shows similar moves in Libya and Iraq. The result? Decades of instability, but U.S. oil companies often profit.
Meanwhile, countries like China are building alternative trading and banking systems, bypassing the U.S. dollar. This affects global oil prices, currency values, and yes—our economy here in Malaysia.
So when global oil politics get messy, it trickles down to us. Higher energy costs, currency shifts, and trade disruptions can all impact your wallet. 💥
Why We Need Smarter Financial Moves Now 🏦
With global uncertainty and local tax relief that’s barely enough, it’s clear: we need smarter ways to manage money.
That’s why I’ve been using Versa, a super easy-to-use wealth management app. It’s not just another app—it’s managed by experts at AHAM Asset Management Berhad, making investing simple and stress-free.
Here’s the best part: you can start small, grow your money, and even earn rewards! 🎉
Sign up now and get RM10 when you complete these steps:
Download Versa: https://download.versa.com.my/1bAf/referral?deep_link_value=UAVR6K5X
Sign up with my referral code: UAVR6K5X
Complete the onboarding steps
Make your first cash-in of at least RM100 into any Versa products
💡 Start growing your wealth today, beat rising costs, and make your money work smarter—not harder!
#TaxReliefUpdate #WealthManagement #InvestSmart #VersaApp #RM10Reward #FinancialFreedom #MalaysiaInvesting #TrendingFinance #MoneyMoves
