{"id":51819,"date":"2022-03-02T09:54:29","date_gmt":"2022-03-02T01:54:29","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=51819"},"modified":"2022-04-28T09:33:01","modified_gmt":"2022-04-28T01:33:01","slug":"pay-with-debit","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/pay-with-debit","title":{"rendered":"4 Ways To Take Control Of Your Finances In 2022"},"content":{"rendered":"

In partnership with\"\"<\/a> <\/strong><\/p>\n

The pandemic’s economic impact has hampered most Malaysians’ ability to boost their savings. In 2021, household incomes have<\/span> decreased by 10%<\/span><\/a> which means putting money aside for savings will be even harder. Money is already tight, and the pandemic has made it even tighter.<\/span><\/p>\n

We get it, money management is a concept that is easier said than done. However, that shouldn\u2019t stop you from trying. If you want to get good at managing your money, try to at least start with the most simple money habits that you\u2019ve established – like choosing a better way to manage your day-to-day expenses.\u00a0<\/span><\/p>\n

It may be a basic aspect of your personal finance, but guess what? It\u2019s the perfect place to start and build up a solid foundation of good money habits. <\/span>If you\u2019re keen to make this year a more prosperous one for your bank account, start by applying these tips!<\/span><\/p>\n

<\/span>1. Shop light (and cash-free)<\/b><\/span><\/h2>\n

Payment transactions made with a card are more convenient because it is more efficient and faster. When making payments, you don’t have to have carry cash or wait for change.\u00a0<\/span><\/p>\n

The convenience of making payments is likely the most compelling reason to use a debit card. You won’t need to carry large amounts of cash, deal with the hassle of getting your change in cash, pocketing loose coins, or queue for ATM withdrawals.<\/span><\/p>\n

There is no income requirement to get a debit card in Malaysia; all you need is a bank account with a bank that is located in this country. <\/span>They say cash is king, but our society now has built the necessary infrastructure to keep our money secure – and we should all be making use of that.\u00a0<\/span><\/p>\n

<\/span>2. Take advantage of your cards’ perks<\/b><\/span><\/h2>\n

Banks never run out of perks, and debit cards are part of that equation. Depending on your bank, you can take advantage of discounts, free vouchers, raffles, contests, and even cashback! They don’t come with extra cost and your card doesn’t need to be a credit card to qualify.\u00a0\u00a0<\/span><\/p>\n

Below are some of the promotions that you can take advantage of by using a debit card.\u00a0<\/span><\/p>\n