Launch of the Belanjawanku Mobile Application by EPF
The Employee’s Provident Fund (EPF) has introduced the Belanjawanku mobile application, a platform designed to help users track their expenses online with ease.
Coinciding with the Release of EPF’s Expenditure Guide
The launch of the Belanjawanku app coincides with the unveiling of EPF’s expenditure guide for 2022/2023 at Menara KWSP in Kwasa Damansara.
Features and Benefits of the Belanjawanku App
The Belanjawanku app serves as a user-friendly tool to access the guide. It provides detailed information on minimum expenses across various household categories and offers recommendations for fund allocation towards necessities, optional spending, and personal savings.
Importance of Financial Management
EPF Chairman Tan Sri Ahmad Badri Mohd Zahir emphasized the significance of financial management. He cited statistics showing a lack of adherence to budgets and difficulties in setting aside emergency funds among Malaysians.
Aim of the Belanjawanku Guide
The Belanjawanku guide aims to enhance Malaysians’ financial literacy. It was developed through a collaborative effort between EPF and Universiti Malaya’s Social Wellbeing Research Centre (SWRC).