Cody Chuah

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helping clients plan for short- and long-term financial goals, such as budgeting for education fund, saving for retirement through investments, consolidate insurance plan and wealth distribution planning.

21/10/2026

Wednesday Financial Toolkit #05

A lot of people have a medical card.

But how many actually know what to check inside it?

Before you assume “got medical card = fully covered”, take a look at these 3 things:

1️⃣ Your annual limit
2️⃣ Deductible / co-insurance
3️⃣ Panel hospitals & exclusions

These small details can affect how much you may still need to pay when a claim happens.

A medical card is useful, but it works best when you actually understand the terms behind it.

📌 Save this Reel and check your own medical card when you have time.

Follow for one practical money decision every Wednesday.

19/10/2026

A simple dine-out moment from yesterday. 🍽️

Sometimes when people talk about personal finance, it sounds like everything is about cutting spending and saying no to enjoyment.

But I don’t think financial planning should feel that way.

Dining out is not the problem.

The real question is whether we are spending intentionally or just spending out of habit.
A meal out can be something we enjoy, appreciate and budget for.

The issue usually starts when small spending becomes so frequent that we no longer notice how much it adds up over time.

Financial planning is not about removing all enjoyment from life.

It is about knowing what matters to you, planning for it, and making sure today’s spending does not quietly affect tomorrow’s goals.

Do you usually see dining out as a reward, a routine, or just convenience?

Cody Chuah | Licensed Financial Adviser

16/10/2026

Is keeping your money in fixed deposits the safest choice for every goal? 🤔

Fixed deposits offer capital stability and predictable returns, making them great for short-term needs like an emergency fund or upcoming expenses.

However, for long-term goals like retirement or an education fund, inflation can quietly erode your purchasing power over time.

A simple way to structure your goals:

1️⃣ Short-term (under 2 years): Prioritise liquidity and capital protection.
2️⃣ Medium-term (3–5 years): Balance capital preservation with moderate growth.
3️⃣ Long-term (5+ years): Focus on outperforming inflation through structured investing.

The right tool always depends on your timeline and purpose.

Which savings goal are you focusing on right now? Share below 👇

15/10/2026

Yesterday I shared a Reel asking:

“Got a medical card? Still need cash?”

Here’s the same topic in a simple summary you can save for easier reference. 👇

A medical card can help with major hospital costs, but there may still be other expenses around a medical event that need to be planned for.

That’s why medical protection and an emergency fund serve different purposes.

📌 Save this for later.

Follow for one practical money decision every Wednesday.

14/10/2026

Got a medical card? Still need cash?

A medical card can help with major hospital bills — but it doesn’t mean every cost will disappear.

Depending on your policy and situation, you may still need to deal with things like:

• deductible or co-insurance
• exclusions
• room upgrades or extras
• transport and other non-medical expenses
• income disruption while you recover

That’s why I don’t see a medical card and emergency fund as substitutes.

They do different jobs.

Medical protection helps with the big medical bill.

Emergency savings help with the gaps around it.

The stronger plan is usually having both — and understanding exactly what your policy covers.

📌 Save this for reference.
Follow for one practical money decision every Wednesday.

13/10/2026

If a Financial Adviser’s job could fit into one box, what would be inside? 🤔📦

I tried a little experiment today, asking AI to turn my work as a Financial Adviser into a collector’s tin.

And here's what it came up with! 😄
A calculator, insurance policies, investment charts, financial plans, books… almost everything related to financial planning in one box!

But looking at this picture, something crossed my mind.

Financial planning isn't really about all these documents and numbers.

It's about the questions behind them.

💭 What happens to my family if I can no longer work?

💭 Am I saving enough for retirement?

💭 How should I balance protection, savings and investments?

💭 Am I making the right financial decisions for my future?

These are questions many of us face at different stages of life.

And that's what I believe a Financial Adviser should help people with — not simply recommending financial products, but helping them see the bigger picture and make more informed decisions.

理财不只是买保险或投资。

更重要的是了解自己的需要，把保障、储蓄和投资做好适当的安排。

After all, a good financial plan isn't about having the most products. It's about having the right plan for YOU.

Now I'm curious...

When you hear the words "Financial Adviser", what's the FIRST thing that comes to your mind?

Insurance? Investment? Retirement planning? Or something else? 😄

I'd love to hear your thoughts!

12/10/2026

A higher income doesn’t always mean a healthier financial position.

Sometimes when income goes up, spending goes up together.

Better food. Better car. More subscriptions. More instalments. More “I deserve this.” 😄

Nothing wrong with enjoying the money we earn.

But one simple question I think is worth asking:

When your income increases, does your savings rate increase too?

If salary goes up by RM500, but monthly commitments also go up by RM500, technically your income improved…
…but your financial position may not have improved much at all.

For me, financial planning is not only about earning more.

It is also about deciding how much of each increment should improve your future, not just your lifestyle today.

If your income increased by RM500 next month, what would you do with it?

Cody Chuah | Licensed Financial Adviser

11/10/2026

Sometimes my recommendation is: “Don’t buy.”

That may sound strange coming from someone in financial services. 😄

But I believe financial planning shouldn't start with:

“Which product should you buy?”

It should start with:

“What are you actually trying to achieve?”

Sometimes, after looking at someone's situation, the answer may be insurance.

Sometimes it may be investment.

Sometimes the priority should be building an emergency fund or reducing debt first.

And sometimes…

you may not need to buy anything at all.

Because having more financial products doesn't necessarily mean having a better financial plan.

The solution should fit the person — not the other way around.

That is also how I see the role of a Financial Adviser:

understand first, recommend second.

Cody Chuah | Licensed Financial Adviser

09/10/2026

Budget 2027 is out. 🇲🇾

Whenever the Budget is announced, most of us naturally look for one thing:

“What do I get?” 😄

But from a financial planning perspective, I think there is another useful question:

“What changes should I take into account in my financial plan?”

A few announcements caught my attention today:

💰 Personal tax relief
The individual income tax relief amount is being increased from RM9,000 to RM12,000, while resident individual tax rates for certain income bands are also being reduced.

🛒 STR & SARA
The allocation increases to RM16 billion, with eligible STR recipients receiving SARA of up to RM150 per month / RM1,800 per year. Malaysians aged 18 and above who are not STR recipients are also set to receive RM100 twice during the year.

💼 Minimum wage
The minimum wage is set to increase from RM1,700 to RM2,000 from June 2027.

🏥 Healthcare & protection
The new Medi Asas plan is expected to launch in January 2027. EPF members below 55 will be allowed to use savings from Akaun Sejahtera to pay the premium, while qualifying SMEs will receive support for employees' first-year premiums. This is one area I think is worth studying more closely, especially from both the personal protection and employee-benefits perspective.

But here is the part I think is important:

An extra tax saving, salary increment or government assistance does not automatically improve our financial position.

What matters is what we do with the additional cash flow.

Spend all of it?
Increase our savings?
Reduce debt?
Improve protection?
Invest towards a longer-term goal?

A Budget can change some of the numbers.

Financial planning is about deciding what to do with those numbers.

Which Budget 2027 announcement caught your attention most?

Cody Chuah | Licensed Financial Adviser

08/10/2026

Yesterday I shared a Reel about one question:

If your income increases, where should the extra money go first?

Maybe you just got an increment, or your income improved a little.

The first thought for many people may be: “Finally, I can spend a bit more.” 😄
Nothing wrong with enjoying the reward.

But before upgrading your lifestyle, maybe take a look at your financial foundation first.

A simple order to think about:

1️⃣ Track your cash flow
2️⃣ Build your emergency fund
3️⃣ Cover major risks
4️⃣ Reduce costly debt
5️⃣ Grow towards long-term goals

So I made this simple summary from yesterday’s Reel for easier reference.

📌 Save it first — you may want to come back to it when your next increment arrives.

Build first. Grow after.

Follow for one practical money decision every Wednesday.

Address

Petaling Jaya

Website

https://codychuah.wordpress.com/

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