Spreading your wings

Starting a new job, or getting a promotion, is a life-changing event and can often mean a change of lifestyle to reflect new responsibilities. So it is an ideal time to check your finances. Your salary will probably change and so you need to review your expenses and savings, and work out on whether you are putting sufficient amount aside for the future.

With the new salary, you should consider setting up an Advance Account-i and sub account(s) (Advance Link Account-i) so that you can separate your savings and earn potentially higher profit. You can set up automatic payments between your accounts to maximise your saving opportunities whilst having sufficient amount of money to spend. Of course with our Personal Internet Banking and Telebanking, it will always make your life easier!

You could also apply for an MPower credit card-i to help whenever you are short of cash between pay days. Takaful Cards Protector will ease your financial worries on your credit card if anything happen to you.

Perhaps now is the time to pay for any extra courses that you intend to study or upgrade to a better car. You may want to finance it through Anytime Money Personal Financing - i. With a few more ringgit a month, you can be protected with Takaful Anytime Protector, on your outstanding financing amount if the unexpected occurs.

Now that you have extra salary, this will be a good time to review your current protection coverage. For added assurance, we have a range of Takaful products for your protection needs.

1) HSBC LifeSelect Regular – an affordable regular contribution investment-linked plan that is tailored to your protection and investment needs.
2) Takaful PA Shield, protecting you and your family should the unexpected happen.
3) HSBC LifeStyle Protector Plan or HSBC LifeStyle Protector Plus Plan - an affordable protection plan that helps you cope with life’s uncertainties.

This gives you the peace of mind that you, your spouse and loved ones are looked after in any unforeseen circumstances.

Useful tips

If you are still uncertain that the new job you are looking at is absolutely right for you, keep checking out the Classified ads. You could also find a mentor, someone you can confide in and who can objectively assess your personal strengths and weaknesses; they can provide advice, guidance and feedback on your career progression.