Welcome to Ringgitsense: The Only Money Guide You’ll Ever Need
Let’s be honest: Being an adult in Malaysia is expensive.
Between the stagnating wages, the rising cost of teh tarik, and the pressure to have a shiny Honda City or Proton X50 parked in the driveway, it feels like the game is rigged. You open Instagram, and everyone is on holiday in Japan or eating Omakase. You open your bank app, and you’re just praying the balance lasts until the 28th.
You are not alone. According to recent data, 55% of Malaysians spend exactly what they earn (or more) every month, and a terrifying percentage of our youth are being declared bankrupt due to personal loans and credit cards.
We have a culture that whispers (or sometimes shouts), “Biar papa asal bergaya”—let yourself be broke, as long as you look stylish.
It’s time to stop the madness.
I started RinggitSense because I was tired of the financial advice out there. It’s either:
- Too Boring: Complex charts about “alpha” and “beta” that make you want to sleep.
- Too Salesy: “Gurus” trying to sell you a dodgy course or an expensive unit trust.
- Too Foreign: Advice like “stop buying $5 lattes” doesn’t help when your problem is a PTPTN loan and a low starting salary in KL.
The RinggitSense System: Your Financial Operating System
I am not going to tell you to stop drinking Starbucks (though, maybe cut back). I am not going to tell you to pick stocks.
I am going to give you a System.
Inspired by Scott Pape’s legendary Barefoot Investor in Australia, I have adapted the world’s most effective money management system for the unique reality of Malaysia.
We don’t use spreadsheets. We use Buckets.
1. The “Life” Bucket (Daily Expenses): This is for your rent, your petrol, your lunch at the mamak. We automate this so your bills are paid before you even wake up.
2. The “Fun” Bucket (Guilt-Free Spending): Life is short. You need money for movies, holidays, and hobbies. We separate this so you can spend it without guilt.
3. The “Safe” Bucket (Emergency): This is your “Sleep at Night” money. We will set this up in a high-yield digital bank account (like GXBank or Aeon Bank) where it earns interest daily but is out of sight
Why This Works
Most financial advice fails because it relies on willpower. You promise yourself you’ll save, but then 11.11 sales happen.
The MyRinggit System works because it relies on Automation. We set up the pipes once, and then the money flows where it needs to go automatically. You become wealthier every single month, without lifting a finger.
Ready to stop worrying about money and start living?
Continue to Step 1