COVID-19 has pushed the finances of many into critical straits with employment losses, salary cuts and uncertain job security. With my current pay I could just about cover my commitments, but if there is another lockdown I won’t be able to do that,” she laments. “I’ve had a full time job for more than 10 years, but I was shocked to see my EPF balance. Since she will not have a salary for the foreseeable future, Wati took the initiative to have an open discussion with her husband about finances. After things settle down and she is able to work again, Wati plans to pay extra attention to her retirement savings.
