[QUIZ] Can You Stick To Your Budget? Go Online Shopping & See If You Can Spend Under RM1K

Jom, put your budgeting skills to the test!

Cover image via Gear Patrol & Pinterest

How good are you when it comes to spending within a budget?

We often set budgets to limit our spending, but there are just so many things we want or need, kan? So, it's no surprise that we end up breaking our budget and spending more. Haishh. 

That's why it's important to know how to set your budget well, as it helps you monitor your spending, and achieve your financial goals in the long run. 

Wanna put your budgeting skills to the test? Jom, take this quiz to go online shopping, and see if you can spend under RM1,000!

Quiz not loading? Just hit 'Refresh' and try again!

Note: This quiz is for entertainment purposes only. Dun be so serious, okay? Also, feel free to choose as many answer options as you want for each question!

So, how did you do? Did you spend under or over budget?

When it comes to taking control of your finances, learning to spend within your means is a good first step. Here are a few practical tips:

1. Make a list of essentials, so that you can buy them on sale
Things like skincare, home cleaning products, and even supplements often go on sale online, sometimes at even half the price. Instead of buying when you need it, make a list and stock up while it's cheap, so you save more in the long run.

2. Send your money out once your salary comes in
Set up an automated transfer for your savings and recurring bill payments every month. While it hurts to see your salary go out, doing this will give you an accurate view of how much money you spend for the rest of the month.

3. Take another look at your recurring expenses
Identify expenses that you think you can cut down on. For example, if you are paying multiple streaming subscriptions, you may want to consider sticking to just one or two. Or, if you are ordering food all the time, try cooking your meals instead.

Other than that, another easy way to maximise your savings is by choosing a bank that offers a special saving product with unique prizes and good profit rates.

Check out Bank Simpanan Nasional (BSN) Sijil Simpanan Premium (BSN SSP), an extraordinary saving product, which offers prizes worth more than RM30 million, including a Special Draw Category where the winner stands a chance to win BSN SSP RM1 million!

Image via BSN Malaysia

To qualify for the BSN SSP draw, all you need to do is open any BSN SSP account, be it a BSN SSP or BSN SSP Special Edition (BSN SSP SE) account.

Excited dy? Check out the list of draw categories and prizes to be won:

Special Draw: Main Prize of BSN SSP RM1 million
- Minimum savings of RM3,000 for 90 days

Monthly Draw: Main Prize of BSN SSP RM100,000
- Minimum savings of RM10

Local Draw: Main Prize of Proton X50 and Perodua Myvi
- Minimum savings of RM100

Young Savers Draw: Main Prizes of iPhone 12 Pro Max, Apple Macbook Air, and iPad Air
- Minimum savings of RM200
- Open to individuals aged between 12 to 21 years old

Loyalty Draw: Main Prize of BSN SSP RM30,000 for Gold Category and BSN SSP RM5,000 for Silver Category
- Minimum savings of RM1,000 for 5 years for Gold Category
- Minimum savings of RM1,000 for Silver Category

New Saver Draw: Main Prize of BSN SSP RM50,000
- Minimum savings of RM100
- Valid for new BSN SSP customers

To open a BSN SSP account, you'll need to be 12 years old and above. Meaning to say, you can begin saving at 12 years old, or if you're a parent, you can encourage your kids to practice good saving habits. Nice lah.

Another cool thing is that you can get up to a 1.9% profit rate when you save with BSN SSP Special Edition (BSN SSP SE), wahhh!

With just a minimum saving of RM3,000, you can open a BSN SSP SE account for 12 months. This means that after 12 months, you'll receive all your savings back, in addition to earn the profit rate. What's also cool about the BSN SSP SE account is that the more you save, the higher your profit rate.

Check out the profit rates you'll get based on your savings:
- RM3,000 - RM5,000: 0.6% per annum
- RM5,010 - RM10,000: 1.2% per annum
- RM10,010 - RM20,000: 1.5% per annum
- RM20,010 - RM50,000: 1.8% per annum
- RM50,010 and above: 1.9% per annum

From now until 31 December 2021, the more you save, the more opportunity for you to win with BSN SSP! Syokkkk.

If you have opened a BSN SSP account recently, this also means that you're entitled to take part in most of the draw categories, so long as you meet the saving requirements, woohoo! Best of all, BSN is giving away most of these prizes monthly, omggg! To find out more about their prizes, head over here.

Ready to save more and be in control of your finances? Start saving with BSN SSP and open an account at any nearest BSN branches today!

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