PETALING JAYA – A live-in-the-moment mentality, paired with the convenience of easy credit and buy-now-pay-later schemes, is one of the factors fuelling a rise in debt among young people under 30, say financial experts. Their comments follow the release of the latest report from Malaysia’s Credit Counselling and Debt Management Agency, which revealed that 53, 000 young people are buried under RM1.9 billion( S$ 573 million) of debt. The report also revealed that 28 per cent of the nation’s workin
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2024-11-02 00:00:00.0