SEREMBAN: Young people in the country need to be financially knowledgeable to keep them from falling into heavy debts, as well as risking being declared bankrupts.
MCA Youth chief Datuk Chong Sin Woon said this was because last year alone, it was estimated that 70% of the individuals declared bankrupt were the young.
“We saw last year, out of nearly 300,000 people declared bankrupt, 70% were young people … these groups are most vulnerable to incurring financial burdens such as personal loans, vehicle loans and credit cards.
“Many young people believe in trends like quic…
Read the full article at: http://www.thesundaily.my/news/2018/01/06/youths-must-be-financially-savy-avoid-bankruptcy
