FEN Launches MyDuitStory 3.0 Competition To Raise Awareness On Financial Scams

Alex Cheong Pui Yin

10th January 2023 - 2 min read

The Financial Education Network (FEN) has returned with the third edition of its #MyDuitStory short video competition (MDS 3.0), once again aiming to raise awareness on a specific aspect of personal financial management. Specifically, this year’s #MyDuitStory challenge hinges on the theme of financial scams and how to avoid becoming a victim.

Launched in conjunction with the ongoing National Scam Awareness campaign, the competition this time invites both undergraduates and students from universities and other education institutions to submit video entries that discuss the topic of personal finance risk management. This includes financial frauds and scams.

On its website, FEN stated that the videos can be made in the form of documentaries, scripted narratives, short dramas, or even animations – but they should only be as long as 3 to 5 minutes. Participants can also opt to share tips, financial hacks, or even lessons that were learned in their video entries. As for prizes, winners of the competition will receive cash prizes of up to RM8,000, as you can see below:

Interested individuals can already begin to register for the competition from today until 31 January 2023. Video entries, meanwhile, can be submitted between 6 February until 3 March 2023. On top of these important dates, there will also be a virtual briefing on 13 January, regarding how to create engaging videos with accurate cultural nuances. This briefing is set to be conducted by the National Film Development Corporation Malaysia (FINAS) via Facebook Live – so remember to mark your calendars!

The #MyDuitStory challenge has been held since October 2020, with each edition featuring a different theme. Meanwhile, the National Scam Awareness campaign – which was launched at the end of last year – is organised by the various bank associations in Malaysia, including the Association of Banks in Malaysia (ABM), the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), and the Association of Development Finance Institutions of Malaysia (ADFIM) – with the support of Bank Negara Malaysia (BNM).

(Source: Financial Education Network)

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Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

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