Staying safe while saving money

Money saving tips for the MCO

Cultivate healthy money habits that will help you save money throughout the MCO and beyond.

The lockdown has left many of us pondering about the future. With that being said, it is a scary time for some of us to be spending. While it is important to be prudent, it’s just as important to not jump into a financial strap-up as it is still important to allow yourself some indulgences once in a while. Take this time to understand your learning habits and make changes that will surely benefit you in the long run.

Learn to cook

If you don’t already know how to cook, now is the best time to learn. Preparing your own meals can save you hundreds of ringgit each month. There are also plenty of guides and recipes you can find on YouTube and the internet, so there’s really no excuse.

Plan your groceries

Now that you know that you’re likely to be spending more time preparing your own meals, be wise about the way you shop for groceries. Think about items you can buy in bulk, or ingredients that can be used in a variety of ways. Avoid junk food as it is not likely to satisfy your hunger.

Monitor your spending

Staying at home can cause you to shop online a lot. While this is the safer option, online shopping can be addictive and may cause you to spend impulsively. If possible, think about what items you truly need before tapping on those shopping apps.

Support small businesses

It’s a tough time for many Malaysians. If possible, buy from small businesses. Your purchase will go a long way in helping someone stay afloat.

Keep an eye open for discounts

It’s a good time to be considering loyalty programs as they do make a difference in the long run. If you find yourself shopping at Village Grocer or BIG all the time, consider getting a Bites membership. Also, if you’re looking to buy something online, you could wait for a sale before proceeding with your order.

Streamline your subscriptions

Finding leisure time at home is important as it can help you relax. But if you’re paying for Spotify premium, Netflix, Viu, Astro, Disney+ and more, you may want to cut down for a bit.

Explore the pre-owned market

During this time a lot of people may be selling off their used items. You may be looking to make some extra cash by selling some of your items as well. If you’re looking to buy or sell phones, visit for a great deal.

Stretch your payments

When it comes to buying gadgets and appliances, paying for it all at once can be a lot to handle. If possible, check for instalment plans. This will help you reduce your immediate expenditure and truly stretch your Ringgit. If you’re looking for an instalment plan that allows you to stretch your payments to up to 36 months, ReNew+ is a great option. Not only will you enjoy fixed monthly repayments, there are no hidden fees or late payment fees.


For many of us, the pandemic has made us more cautious when it comes to spending. It’s a good time to assess the things that are essential and practical long term investments. It is also a time to assess how we map out our personal finances to ensure healthy cash flow as we ride out this storm.

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