Her Duit Michelle Chin

*Episode is brought to you by Her Duit & Kenanga Futures

It's me! I'm back but just for a little mid-break check-in while I continue to focus on some of my other current commitments and priorities.
I also have an exciting platform to share with you, especially to those who have asked me questions about learning to trade. ☺️

In this episode, I talk to you about:


What I have been working on while taking a pause on my podcast interviews
My little mental break from the emotions of languishing
3 money tips for you while I'm still on break!

Kenanga Futures Virtual Trading
Learn more here: https://www.kenangafutures.com.my/kfvt/
Signup for free: https://kfvirtualtrading.com/user/register/?referral_code=6E2F3A

Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Discount Codes: https://linktr.ee/herduit

Oyen - Pet Insurance in Malaysia: https://www.oyen.my/

Season 1 Finale!

Wow, what a journey it has been! When I started Her Duit, I never imagined getting to episode 32, actually, I never thought too much about where to go, I just kept going and told myself I cannot quit.

It's been fulfilling but also challenging the last couple of months since before Her Duit started, from getting everything prepared, actually getting started to consistently produce content every single day; on top of my full-time job and a few things going on at the side.

Anyway, this is the long-awaited episode that I actually recorded back in January 2021 with Kevin during the lockdown. I initially had it scheduled to be released like a normal episode but with MCO 2.0 and not having taken more than a 3 day break the last year taught me that it's probably time to take a (sort-of) break and get pumped up for Season 2 and more exciting things.

I hope this gives you a lot more backstory as well as insights into the voice and face behind Her Duit. :)

04:38: A candid introduction
05:30: A little insight into my childhood and education
07:18: My first encounter in personal finance
10:29: My attitude towards making money growing up
13:29: Memorable experiences growing up
14:54: How did my perception of money change?
16:24: What was holding me back from investing?
18:07: Why was my first investment ever in cryptocurrency?
20:03: How did I gain the confidence to start investing?
23:02: Learning company fundamentals: need or not need?
26:59: My biggest investment regret/learning
29:01: Advice to my 23-year-old self in entrepreneurship & money
30:03: How do I feel about my money today?
31:46: What are my own money goals?
34:45: Do I see a gender disparity in goal setting?
37:46: The inception of Her Duit and why
40:53: How do I pick interviewees at Her Duit?
42:25: What have I found interesting among my interviewees
44:15: How do I feel about Her Duit and our comments so far?
45:54: Why did I choose to do a podcast over other formats?
47:39: My plans and goals for Her Duit
49:47: My (non-investment) advice to Her Duit followers

Mentions:
Gracie's Instagram: https://www.instagram.com/ringgitfreedom/
Gracie's Blog: http://ringgitfreedom.com/
Mr Money TV: Men vs Women Episode: https://www.youtube.com/watch?v=r6vQYWtMgzc

Resources:
Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Perks: https://linktr.ee/herduit

Getting Cryptocurrency on Luno:
Promo Code: LNHERDUIT50
Deposit RM500 and get free RM50 of bitcoin! Valid until 15 May 2021
Only valid for new Luno users and purchases made from Instant Buy/Sell.

Read more and sign up for Luno here: http://luno.com/
App Store: https://itunes.apple.com/app/bitx-wallet/id927362479?mt=8
Google Play: https://play.google.com/store/apps/details?hl=en&id=co.bitx.android.wallet

Happy International Women's Day!

On today's surprise, special IWD episode, we have Suyin Ong, a personal finance content creator from Malaysia. She runs a YouTube channel where she advocates for good money habits and investing.

We spoke to Suyin about her money journey, how it was shaped through her upbringing, how she came to realise what are her value sets, her background in teaching and translating that to starting her YouTube channel as well as 3 mistakes that she's made in her own journey!

04:01: 5 Quick Fire Questions with Suyin
12:11: Suyin's personal finance learnings when growing up
14:20: Suyin's experience buying a designer bag
17:05: Values that Suyin still holds onto strongly today
18:22: A money behaviour that she didn't completely resonate with
19:46: The irrationality of money and emotions
22:53: When and how did Suyin start taking charge of her personal finances?
25:20: Did being a teacher contribute to her starting a YouTube channel?
31:16: The challenges of Suyin's YouTube journey so far
34:51: Suyin sharing 3 mistakes she has made in her personal finance journey
46:46: Final words from Suyin from an IWD theme

Resources:
Suyin's YouTube Channel: https://www.youtube.com/c/SuyinOng
Suyin's Instagram Page: https://www.instagram.com/suyinvests/
Suyin Invests Facebook Page: https://www.facebook.com/suyinvests/
Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Perks: https://linktr.ee/herduit

Today, we get to know Kell Burhanudin, Head of Community at HeyAlfred, a little bit better!

She shares with us the top questions Malaysians ask, and you'd be surprise what it is (and no it isn't your common personal finance questions on budgeting and investing!). We also walkthrough Kell's own learnings, her views on personal finance and her goals on this episode.

02:15: What does the Head of Community at HeyAlfred do?
05:12: How does HeyAlfred come up with content?
06:26: Kell's biggest learnings in personal finance so far
07:25: How to be conscious about the information you consume
10:10: Kell's money behaviour changes post-HeyAlfred?
14:24: Something more people need to know about in their personal finance journey?
16:30: How do we tackle not knowing 'enough' in personal finance?
19:50: What are Kell's own financial goals in life?


Resources:
HeyAlfred: https://heyalfred.co/
Download HeyAlfred: http://onelink.to/heyalfredco
Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Perks: https://linktr.ee/herduit

Emergency Funds; what are they? Why did no one tell me that I needed emergency funds in my life? 😱
What do I do if I lose my job? How do I pay for my expenses? 😱

I think one of the foundational parts of personal finance is about emergency funds, and not just 'saving' alone.
Emergency funds are our cushions or our safety nets when unexpected emergencies happen. So, why were we never taught about it in school or growing up?

Whether you have your emergency funds sorted or have not begun, this is a fantastic episode to learn more about it with Kell Burhanudin from HeyAlfred.co!

01:57: 5 Quick Fire Questions with Kell
04:43: What are Emergency Funds? Why is it important?
06:23: Debt vs Emergency Funds: how to manage and balance both?
07:27: What do you actually use your emergency funds for?
09:45: Where to store your emergency funds?
12:40: Tips & tricks in building emergency funds
15:45: Wait, what's a sinking fund? Is it the same?
18:15: How much to actually save for your emergency fund?
19:57: Join the Simpan Challenge with HeyAlfred and AbangAbu Mekanik Wang!
Resources:
HeyAlfred: https://heyalfred.co/
Download HeyAlfred: http://onelink.to/heyalfredco
Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Perks: https://linktr.ee/herduit

Managing personal finance as a freelancer or as one who is self-employed can take a little more planning at the beginning.

From figuring out how to grow your income, to managing business expenses and even consistently save and invest while not having a fixed income amount. It can be pretty daunting but it does not mean that it is difficult!

AJ and Renee, our guests and also the co-founders of The Freelancers Academy shares their own personal finance journey. They talk about the importance of having to get your finances right and how they manage their own money. Want to find out more? Start listening to the episode now!

01:43: AJ & Renee shares the highlights & lowlights of their freelancing journey
04:37: Has Renee ever thought about freelancing during her 9-5 job?
06:26: Has AJ only ever considered a 9-5 job?
08:45: Is freelancing a risky career move?
13:14: How much did Renee have when she quit her 9-5?
15:08: How to manage finances transitioning from student to freelancer?
16:29: Freelancing equipment: how to afford?
20:06: AJ's 20/20 rule for savings & investments
21:51: How does Renee manage her retirement savings?
24:08: AJ's take on managing medical bills & personal finance as a freelancer
31:15: How to tackle the freelancing question with your family?
35:46: What does retirement mean to AJ & Renee?

Resources:
The Freelancers Academy: https://www.thefreelancersacademy.com/
Renee's Peachy Pixx Productions: http://peachypixx.com/
Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Perks: https://linktr.ee/herduit