Malaysians on Reddit discuss how RM100 feels smaller amid rising costs, inflation and the shrinking value of the ringgit
MALAYSIANS have taken to Reddit to share how the Ringgit Malaysia no longer stretches as far as it used to, with many feeling the pinch amid rising living costs.
The discussion was sparked by a user who said that he does not feel RM100 is a huge amount as it used to be anymore.
“It used to cover a decent grocery run, a meal out, or a few coffees with friends. Now? One quick trip to the supermarket or a casual meal, and it’s gone before you know it. Even simple things like petrol, e-hailing rides, or snacks seem to add up way faster than before.”
Other users weighed in, attributing the change to inflation, supply issues, and lifestyle adjustments.
“Yeah, inflation has many factors, but prices still hurt regardless,” the original poster added.
Some participants reminisced about their school days, when 50 cents could go a long way.
“During my time in primary school my parents gave me RM1 at school, and somehow it was enough. Now I feel like I can’t even get a decent karipap,” one user commented.
The original poster agreed, saying that RM1 back then felt like RM10 today.
Financial advice was also shared in the thread. One user, David, encouraged young Malaysians to start investing with accredited or licensed brokers and exchanges to secure financial stability.
He warned against scams, noting, “Anything that promises more than 10% returns per annum is a scam. Always check to make sure the broker you’re using has all the licenses and legal requirements.”
