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

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&nbsp;University.Image credit: Shutterstock

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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