BFM 89.9

HIGHLIGHTS  GE15
Podcast  >  Morning Run  >  Morning Brief  >  Are Our Youth Taking On Too Much Debt?

Are Our Youth Taking On Too Much Debt?

Associate Professor Dr Hassanudin Mohd Thas Thaker, Head of Research and Postgraduate Studies, UCSI University

03-Feb-23 08:30

Are Our Youth Taking On Too Much Debt?

Local university UCSI released rather alarming research recently which found that 73% of close to 1,100 Malaysians aged between 18 and 40 are in debt. The key driving factors for taking on more leverage were financial constraint (42%), inflation (22%) and luxurious lifestyle (21%). This would imply that three-quarters of Malaysian youths do not have sufficient capital for financial commitments. For insights, we speak to Associate Professor Dr. Hassanudin Mohd Thas Thaker, Head of Research and Postgraduate Studies UCSI University.

Image credit: Shutterstock

Produced by: Chong Tjen San

Presented by: Philip See, Chong Tjen San, Shazana Mokhtar


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  young financefinancial wellness

Tags:  youth debtsavingsfinancial literacy


Share this podcast




Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



10:00 AM

Lagu-Lagu Dulu-Dulu (REPEAT)

11:00 AM

A Bit of Culture (REPEAT)

12:00 PM

I Love KL (REPEAT)

1:00 PM

Best of Enterprise (REPEAT)

1:30 PM

Raise Your Game (REPEAT)

2:00 PM

Popcorn Culture (REPEAT)

2:30 PM

Popcorn Culture (REPEAT)

3:00 PM

GGWP (REPEAT)

4:00 PM

Pick Of The Pops

6:00 PM

Wavelength (REPEAT)