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Early financial education for the benefit of youth
14 Mar 2021 / 22:43 H.
EVER since the pandemic has taken a toll on the world economy, talks about financial literacy have been going around more frequently, given the challenging situation involving livelihoods and the critical need for people to have sufficient savings to survive rainy days. This particularly points at youths, who have become more vulnerable economically, and more concerning is their low level of financial literacy. Hence, this calls for practical action plan, and it needs to start from the core foundation of the society – education.
A study conducted by the Organisation of Economic Cooperation and Development (OECD) on 26 countries, including Malaysia, has shown that overall, financial literacy is already at its low. Specifically, youth aged 18 to 29, financial literacy appears to be at a lower level, on the back of poor financial knowledge and less prudent financial behaviour. ....

Tengku Zafrul Aziz , Organisation Of Economic Cooperation , National Strategy For Financial Literacy , Sofeaazahar Is Research Analyst , Bank Negara Malaysia , Economic Cooperation , Finance Minister Tengku Zafrul , Financial Industry Collective Outreach , National Strategy , Financial Literacy , Sofea Azahar , ஆர்கநைஸேஶந் ஆஃப் பொருளாதார ஒத்துழைப்பு , தேசிய மூலோபாயம் க்கு நிதி கல்வியறிவு , வங்கி நெகாரா மலேசியா , பொருளாதார ஒத்துழைப்பு , நிதி தொழில் கூட்டு ஔட்‌ரீச் , தேசிய மூலோபாயம் , நிதி கல்வியறிவு ,