BFM 89.9
The Business Station
BFM 89.9
The Business Station
Youth Debt: Be Serious About Financial Literacy
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Guest: Rajen Devadason, Licensed Financial Planner
The National Credit Counseling & Management Agency (AKPK) reported that 53,000 youths aged 30 and below have debt worth nearly 1.9 billion ringgit in total. The bulk of this is a result of credit card debts and personal loans. Rajen Devadason, a licensed financial planner, highlights the growing concern about how the young are not as financially savvy as they need to be while new products provide them with more ways to incur more debt.
Image Credit: Shutterstock.com
Presenter: Keith Kam, Shazana Mokhtar
Producer: Moh Heng Ying, Irfan Mansor
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Youth Debt: Be Serious About Financial Literacy
Guest: Rajen Devadason, Licensed Financial Planner
The National Credit Counseling & Management Agency (AKPK) reported that 53,000 youths aged 30 and below have debt worth nearly 1.9 billion ringgit in total. The bulk of this is a result of credit card debts and personal loans. Rajen Devadason, a licensed financial planner, highlights the growing concern about how the young are not as financially savvy as they need to be while new products provide them with more ways to incur more debt.
Image Credit: Shutterstock.com
Presenter: Keith Kam, Shazana Mokhtar
Producer: Moh Heng Ying, Irfan Mansor
Share:
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