How Do Malaysians Save And Invest?

A recent nation-wide survey conducted by Luno Malaysia aimed at understanding the financial management habits of everyday Malaysians found that more than half of Malaysians say the most important purpose of having money is to safeguard their family’s long-term well-being, meanwhile nearly a third of them were more inclined to seek financial advice from family members or peers compared to more professional sources. So how exactly do Malaysians view wealth? We find out on this episode of Ringgit and Sense. Image credit: Shutterstock