The Issue Of Our Youth In Debt

Nirmala Supramaniam, Head of Household Financial Education Department, Credit Counselling and Debt Management Agency (AKPK)

Morning Run · Ringgit & Sense · 16 Feb 2023 · 01:30 am · 22 mins listen

A recent finding by UCSI showed that more than 70% of Malaysian youths are in debt with factors such as financial constraint, inflation and luxurious lifestyle being the main drivers. The issue of our youth falling in debt has been a long standing issue that seems to be growing year by year. What can be done about it and why are they falling into such perils? Nirmala Supramaniam of AKPK shares her thoughts on this episode of Ringgit and Sense.

Image credit: Shutterstock

Produced by:

Sim Wie Boon

Presented by:

Sim Wie Boon

Categories:

financial wellness,young finance

Tags:

youth debt,consumer habits,inflation

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