Forty per cent of millennials spend beyond their means, says finance minister | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Forty per cent of millennials spend beyond their means, says finance minister

Tuesday, 09 Mar 2021 07:18 PM MYT

“So think thoroughly about what is necessary and prioritise your purchases, whether it’s a new outfit or new phone, or, like what one of my nephews wants, a PS5, and you will find that every ringgit will go a long way. He said according to the Employees Provident Fund , 50 per cent of EPF members have less than RM200,000 in their accounts — lower than the average of RM240,000 that members should have in basic savings when they reach age 55.

“In that respect, I am very pleased to see many Malaysians taking up the challenge of starting their own business,” he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

People do that not because they want to but because they have to.

This tzafrul_aziz referring to those who bought RM40K bicycles or RM3K jogging shoes?

Ooohhh I wonder if it's because their £&!π¶ UNDERPAIIIIDDD

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines