PEC700
Storyboard Text
- A story Why Saving and Investing are important?
- Hey Amirah, What are you doing here?
- Eh Hi Luqman, ohh i'm just running some errands for my mother, What are you doing here?
- I'm on my way to buy the new Playstation 5. I can't wait to get my hands on it.
- Wow, isn't it expensive? I believe it is around RM3K. Ohh and yeaah, That's not including the CD games for it.
- Yeahh, I'm going to spend my entire savings on it. You know right, the PS5 features more excitement than my old PS4.
- YOU CANNOT DO THAT, you should have some saving in case of emergency, and also you're a student. saving is important in your phase of life. You should have plan for it.
- Then, how should I manage my money?
- First thing first, you should only spend 20% of your money in your hobby. In this case, only when you have enough saving which is 20% part of your saving, then you can only buy PS5
- Ohh i see, then how about for the rest of my saving?
- After that, spend 50% of your saving to any reliable and minimal risk investment. In this case, you can put half of your saving in Wahed Investment and Stashaway, Since these are some of the investment platform that have been certified by Security Comission Malaysia
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