5 min read I Date: 25 April 2024
Just got your salary? Read this before you spend your money.
Have you received your salary payout? Before you spend your money, it is crucial to make the most of financial opportunities to potentially secure your financial future. Investing wisely can help you grow your wealth and get you one step closer to your financial goals.
Here are some tips to maximise your salary payout:
Pay high-interest debts first.
As the interest rate on your debt is high, make it a top priority and strategically clear it off as soon as possible.
Allocate a portion for emergencies.
It’s better to be prepared and have sufficient funds for emergencies. You could contribute a bit to a low-risk investment option like Principal Islamic Money Market Fund via Touch ‘n Go eWallet’s GOinvest. Use the goal feature to monitor your goal.
Boost your investment and grow your investment portfolio.
The more money you set aside today, the better you are prepared for retirement in the future. Consider increasing your investment contributions for your long-term goals. Explore a variety of Principal fund options available via Touch ‘n Go eWallet’s GOinvest, which gives you diverse exposure to different markets and industries.
What to do next?
Discover a world of investment opportunities with Principal via Touch 'n Go eWallet’s GOinvest. It's your gateway to Principal's Global and Regional funds, giving you access to various markets and top industries. Start with just RM10 and own a real investment in a specific industry. From now till 9 May 2024, get up to 3%* p.a. when you invest with Principal via Touch ‘n Go eWallet’s GOinvest. Subjected to campaign’s Terms and Conditions. Learn more here.
Disclaimer: You are advised to read and understand the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) before Investing. Among others, you should consider the fees and charges involved. The registration of the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) with the Securities Commission Malaysia (SC) does not amount to nor indicate that the SC recommends or endorses the funds. A copy of the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) may be obtained at our offices, distributors or our website at www.principal.com.my. The issuance of any units to which the relevant Prospectus, Information Memorandum and/or Disclosure Document relates will only be made on receipt of an application referred to in and accompanying a copy of the relevant Prospectus, Information Memorandum and/or Disclosure Document. Please be advised that investment in the relevant unit trust funds, wholesale funds and/ or private retirement scheme carry risk. An outline of the various risk involved are described in the relevant Prospectus, Information Memorandum and/or Disclosure Document. As an investor you should make your own risk assessment and seek professional advice, where necessary. Securities Commission Malaysia does not review advertisements produced by Principal.