Financial Literacy Archives

Latest Articles

RAMCI: Malaysians Have Good Credit Scores But Poor Financial Literacy

Christine Tay

- 18th July 2019

While 69% of Malaysians have good credit scores, the country's overall level of financial literacy is still below average.

Financial Literacy

How Dollar-Cost Averaging Helps Build Your Retirement Fund

RinggitPlus

- 14th February 2019

When it comes to building your wealth, a monthly investment strategy is more reliable than keeping your money in a savings account or trying to time the markets.

Financial Literacy

I See Debt People

RinggitPlus

- 25th January 2019

Credit Counselling and Debt Management Agency, better known as AKPK, has been very busy these days. Thanks to AKPK’s good work, 2,460 people have managed to settle RM80.9 million bank debts via its credit management programme.

Financial Literacy

New Money Resolutions to Have for the Coming New Year

Michelle Chee

- 8th January 2019

With everything we've learned in the past year, it's time to set a new list of money resolutions to help us be better financially in the coming 12 months!

Financial Literacy

5 Stats That Show Malaysians’ Shocking Financial Habits

RinggitPlus

- 27th November 2018

Investment? Retirement planning? Forget all that, here's why many Malaysians are spending their way into financial suicide.

Financial Literacy

Survey: Three Out Of Ten Malaysians Had To Borrow Money For Essential Goods

Theresia Clara

- 21st November 2018

A survey revealed that three out of ten working adults had to borrow money to buy essential goods in the past six months.

Financial Literacy

Survey Reveals Alarming Findings In Financial Management Among Malaysians

RinggitPlus

- 24th October 2018

A survey has found Malaysians are living precariously thanks to our inability to manage our finances responsibly.

Financial Literacy

How Smart Are You When It Comes To Handling Money?

RinggitPlus

- 17th October 2018

Help us take part in the Malaysian Financial Literacy Survey!

Financial Literacy

Some Malaysian Families Only Have RM76 Disposable Income Every Month

Jacie Tan

- 17th October 2018

A national study has found that low-income households have little disposable income and consume less food, as the absolute income gap in Malaysia widens.

Financial Literacy

Civil Servants Spend More Than Half Of Their Salary Repaying Debts

Jacie Tan

- 2nd October 2018

According to a study by Bank Negara, civil servants spend 52% of their monthly salaries repaying debts, which is 20% higher than the national average.