BFM Podcast

Talkback Tuesday: Soaring Household Debt

Tan KW
Publish date: Wed, 11 Feb 2015, 03:45 PM

10-Feb-15 19:49 

In a recent report released by international research firm McKinsey Global Institute (MGI), Malaysia has failed to rein in household debt that started ballooning since the 2007 global financial crisis and may expose the country to crisis should the credit bubble burst. Just how are Malaysians sustaining their lifestyles? What are you spending most on? Do you spend more than you earn?

Discussions
1 person likes this. Showing 2 of 2 comments

CHONG Kong Hui

Don't compliant. Efforts are required to be free from debt and be financially savvy. Earn, Save and Invest.

2015-02-11 23:14

CHONG Kong Hui

Save FIRST, spend the balance. Never the other way.

2015-02-11 23:14

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