PETALING JAYA: According to statistics from the Insolvency Department, 34,043 bankruptcy cases were recorded among working adults from 2019 to April t...
According to statistics from the Insolvency Department, 34,043 bankruptcy cases were recorded among working adults from 2019 to April this year, with the figure rising just four months later to 35,714.
“Subjects related to financial literacy should be taught in secondary schools, if not earlier. Teaching people how to manage their money from young would make them wiser in the monetary sense and decisions they make as adults. “We are committed at the working level to effectively implement the national strategy formed by the Financial Education Network, which is spearheaded by Bank Negara Malaysia and the Securities Commission Malaysia,” she said.
“Additionally, it acts as a compass pointing students in the right direction to realise their financial desires and strengthen the groundwork for accomplishing their long-term financial objectives.
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