In the modern era, effective financial management is very important. For some people, it is difficult to manage finances. However, with the development of technology, there are now many platforms that provide solutions in managing finances more efficiently Maybank comes with 360 Digital Wealth feature in M2U ID App to help you manage your finances better.

360 Digital Wealth brings convenience to your personal financial management. Easy access and navigation, 360 Digital Wealth allows you to monitor your finances more efficiently. Information on assets, loans, expenses and financial plans can be accessed quickly and accurately and provide a clear picture of your financial situation.

Everything you need is available on 360 Digital Wealth. Some of the benefits you can feel if you manage your finances through 360 Digital Wealth include:

1.   View Assets and Loans

One of the key benefits of using 360 Digital Wealth is its ability to provide a comprehensive view of the Customer's assets and loans. This feature aims to allow you to track your assets and loans at Maybank in real time, and you can also add assets & loans outside Maybank so that they can be tracked as part of your portfolio. This feature will allow you to better understand the portion of your financial assets and loans. This will help you make wiser and more planned financial decisions.

2.   Organize Financial Plan

360 Digital Wealth not only helps you monitor your financial plan, but also allows you to simulate and implement more effective financial planning to achieve your financial goals. You can set short-term or long-term financial goals, as well as create a plan to achieve them and automate the debit/purchase of investment products required according to the plan. In creating financial goals this feature will provide recommendations for product allocation / investment amounts for you to achieve financial goals, but you can also flexibly create your own investment allocation according to your needs and desires. With the auto debit facility for monthly investment allocations, it can make it easier for you to manage your finances in a practical and disciplined manner so that through 360 Digital Wealth - GOAL BASED INVESTING feature you can focus on achieving your desired financial goals.

3.   Monitor Financial Expenditure

Understanding how you spend your money is an important step in managing your finances. EXPENSE TRACKER feature will categorize your expenses automatically so you can see a detailed overview of your expenses every month. You can also track by spending category and graph the percentage of most spending from transactions at Maybank, besides that you can also add other expenses outside Maybank. This allows identification of areas where spending can be reduced or improved and helps you manage your finances more effectively.

Once you understand the benefits of 360 Digital Wealth, the next step is to set up a financial plan that can help you realize various financial goals. Here are the easy steps to set up a financial plan through 360 Digital Wealth via M2U ID App:

1. Click the “Set Financial Plan” icon
2. Select one of the Financial Objectives such as “Prepare Retirement Fund”
3. Fill in your retirement plan information then click 'View Simulation'
4. View Simulation Results. If the simulation results are not as desired, select “Change Target”. If it is appropriate, select “Allocate Funds”
5. Start your investment placement, with our recommended investment allocation or you can also create your own investment allocation.
6. Select the debit date for initial fund placement and monthly debit date for your investment
7. Click the yellow + button to add more investment products
8. If everything is correct, click “Next”
9. You must register the investment product you choose first and also fill in the Customer's risk profile. Click here for the guide
10. If you choose term savings/MyPlan investment allocation, then fill in the Customer info for opening Maybank Tabungan MyPlan, then click “Next”
11. Choose an account as the source of your placement funds
12. Read and check all terms & conditions then click “Next”
13. Verify your destination details then click “Confirm & Request TAC”
14. Enter your Secure2u passcode / TAC (Transaction Authorization Code) code
15. Your goal creation is successful
16. Return to the 'Set Financial Plan' menu to view the goals you have created.

For more information, please visit this page.

Never let your finances become a burden Monitor your finances through 360 Digital Wealth via M2U ID now. Get the convenience of managing your finances in one hand!