According to a 2023 on financial literacy in Malaysia, 24 percent of respondents said they spend more than they earn each month. Meanwhile, 44 percent of respondents, or the majority, said they spend less than the amount they earn.
Share of respondents who spend money more than they actually earn in Malaysia as of October 2023
Original question: "If you are honest with yourself, each month you: spend more than you earn, spend exactly what you earn or spend less than you earn?"
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RinggitPlus.com. (October 25, 2023). Share of respondents who spend money more than they actually earn in Malaysia as of October 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1078367/malaysia-spending-more-than-earning/
RinggitPlus.com. "Share of respondents who spend money more than they actually earn in Malaysia as of October 2023." Chart. October 25, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1078367/malaysia-spending-more-than-earning/
RinggitPlus.com. (2023). Share of respondents who spend money more than they actually earn in Malaysia as of October 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1078367/malaysia-spending-more-than-earning/
RinggitPlus.com. "Share of Respondents Who Spend Money More than They Actually Earn in Malaysia as of October 2023." Statista, Statista Inc., 25 Oct 2023, https://www.statista.com/statistics/1078367/malaysia-spending-more-than-earning/
RinggitPlus.com, Share of respondents who spend money more than they actually earn in Malaysia as of October 2023 Statista, https://www.statista.com/statistics/1078367/malaysia-spending-more-than-earning/ (last visited December 22, 2024)
Share of respondents who spend money more than they actually earn in Malaysia as of October 2023 [Graph], RinggitPlus.com, October 25, 2023. [Online]. Available: https://www.statista.com/statistics/1078367/malaysia-spending-more-than-earning/
