More Malaysians unable to save money each month, survey shows


A financial survey shows that 52% of Malaysians cannot survive more than three months if they lose their job, while 44% spend exactly or more than what they earn. – The Malaysian Insight file pic, October 13, 2021.

THE number of Malaysians who are unable to save money each month has increased by two percentage points to 21% this year from 19% last year, revealed the RinggitPlus Malaysian Financial Literacy Survey 2021.

RinggitPlus co-founder and director Hann Liew said the credit crunch situation is due to the current pandemic and economic situation.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!



Sign up or sign in here to comment.


Comments