Property Cashback: What do you guys do with it? (self.personal_finance)

submitted 1 year ago by imademo to c/personal_finance

1 comments fedilink hide all child comments

I've went through a few agents here and there and I notice some projects offer cashback. My understanding is that the cash is totally yours and you can do what you want with it - though it is most definitely smarter to use it to pay off the mortgage or put in something like ASB if you can handle the monthly payments. Or am I totally wrong about this?

top 1 comments

sorted by: hot top controversial new old

[-] Annoyed_Crabby@lemmy.world 1 points 1 year ago

I don't think you can pay mortgage like that, but other than ASB/investment, i've also heard people use that money to renovate or buy furniture for it.

this post was submitted on 03 Aug 2023

2 points (100.0% liked)

Personal Finance

130 readers

1 users here now

Get your financial house in order. Learn how to better manage your money and debt in both the short and long term. Find out how to save an emergency fund and invest for your future." Here, we do it the Malaysian way la of course. Instead of Roth IRA, Vanguard and suddenly having millions of USDs, we'll be using RM, talking about RON95, inflated pricetags on real estate, prices of kangkung, EPF, GST etc.

founded 2 years ago

MODERATORS

averagemalaysian