SME - About service 2

One of the signs of financial problems in an individual is the lack of communication on money matters with friends and families. The tendency of hiding money problems from your spouse, for example, is a strong indicator that you need financial advice.

This tendency to conceal a financial crisis can be explained by the fact that many of these financial issues are self-induced due to the lack of either financial discipline or financial knowledge, or both. Human nature dictates that we will subconsciously deny our guilt and ignorance to preserve our sense of integrity. Ironically, this behaviour may break it.

Admitting our flaws and seeking reliable counsel for help is the first step to regaining our life’s integrity. Feeling stigmatised by a financial problem only adds to your problem while overcoming it through proper help puts you in better control of your life.

AKPK offers one-to-one advisory on managing personal finances wisely―from budgeting and money management to credit-related issues―helping individuals curb overspending and achieve financial goals.

No matter how complex your financial situation is, and no matter how trivial, getting help through financial counselling will put a smile back on your face, improve your confidence, clear your mind and empower you to make the right financial decisions.

Other Financial Services We Offer

Debt Management

Financial Education

Tertiary

The world we live in is increasingly complex, especially for the youths, and they will eventually need to take charge of their future and finances. Financial education in the tertiary stage is for those between the ages of 18 to 25 currently pursuing post-secondary education. Providing them with the appropriate financial know-how at this point will build up their competence in dealing with future financial decisions. This module focuses on cash flow management, the importance of savings and setting up a budget, internet banking and other appropriate topics for university and college students.

Entering Workforce

This stage comprises those between the ages of 20 to 30, i.e. mainly those who are just starting out in life. Financial education is essential to this age group as they learn to be independent in most matters especially financial management. In their minds, a car is a want rather than a need, and normally sits at the top of their list of things to acquire. Our Entering Workforce module focuses on understanding the fundamentals of borrowing and the importance of borrowing productively to encourage positive net worth. Financial education at this stage is also aimed at inculcating the habit of managing debts wisely. The module also introduces the fundamentals of investments and the importance of insurance for a better tomorrow.

Starting and Raising a Family

The module for the next life stage is for those who are starting and raising a family. People in this category are approaching that time in their life when they will normally experience important and meaningful life’s milestones: marriage, children and a new home. Designed for those between 30 to 40 years of age, this module will focus on settling unproductive loans while reducing debt commitments as they prepare for retirement. Emphasis will again be placed on the importance of planning for and protecting against uncertainties by talking about the types of financial tools available. They will learn the various types of insurance policies and be able to decide on the best coverage based on their affordability for their precious family. Education will also be given on the appropriate investments that will provide passive income for a better tomorrow.

Retirement

The transition from working to retiring involves many tough decisions regarding income and lifestyle needs and whether one plans to ease into retirement or otherwise, while considering factors such as wealth management, whether a pension is enjoyed, and EPF balances. These are big decisions with long-term impact on their financial well-being during retirement. To make the best choices, they require sufficient knowledge and intense awareness of how they want to live through their retirement years. Therefore, our pre-retirement module will prepare them for retirement by teaching them the proper use of their investments and review of their portfolio while servicing their insurance policies and settling unproductive debts to improve their net worth positively.

Post – Retirement

You have retired. How would you manage your money now? Considering that the average life expectancy in Malaysia has improved, it is more important now than ever to ensure that you have the financial resources to live a comfortable and happy lifestyle—particularly if you are looking forward to retiring with peace of mind. Taking care of your wealth and making it last are important at this stage. Financial literacy and education is a continuous life lesson that does not end at retirement. Now, more than ever, you need to manage your finances wisely and plan for the unexpected. Our post-retirement module is focused on those who are currently transitioning into retirement or are in the early stages of retirement.

Language switcher

Financial Advisory

Putting Smiles on the Faces of Malaysians