Landing a job isnt the only challenge for many Malaysian youths, as a recent report showed that we also have trouble keeping with our finances. Oh dear!
According to The Star, about 64,632 Malaysian youths between the age of 18 and 44 years old were reportedly declared bankrupt over the last five years.
Minister in the Prime Ministers Department Liew Vui Keong revealed in a statement that a total of 13,098 cases were recorded in 2014, according to the statistics from the Insolvency Department. This makes it the highest recorded cases of bankruptcy among youths compared to 13,036 cases documented in 2013.
He was quoted as saying,
In 2015, a total of 11,277 were dec…
Read the full article at: https://www.worldofbuzz.com/malaysian-youths-broke-65000-declared-bankrupt-since-2013/