According to a survey on young Malaysians' money management conducted in May 2019, 32 percent of respondents claimed that they saved less than 20 percent of their income. Another survey conducted in the same year found that the main reason why Malaysians did not save money was because they wanted to pay off their debts first.
Share of income saved by millennials in Malaysia as of May 2019
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iMoney.my. (August 5, 2019). Share of income saved by millennials in Malaysia as of May 2019 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1136657/malaysia-income-saved-by-millennials/
iMoney.my. "Share of income saved by millennials in Malaysia as of May 2019." Chart. August 5, 2019. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1136657/malaysia-income-saved-by-millennials/
iMoney.my. (2019). Share of income saved by millennials in Malaysia as of May 2019. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1136657/malaysia-income-saved-by-millennials/
iMoney.my. "Share of Income Saved by Millennials in Malaysia as of May 2019." Statista, Statista Inc., 5 Aug 2019, https://www.statista.com/statistics/1136657/malaysia-income-saved-by-millennials/
iMoney.my, Share of income saved by millennials in Malaysia as of May 2019 Statista, https://www.statista.com/statistics/1136657/malaysia-income-saved-by-millennials/ (last visited November 19, 2024)
Share of income saved by millennials in Malaysia as of May 2019 [Graph], iMoney.my, August 5, 2019. [Online]. Available: https://www.statista.com/statistics/1136657/malaysia-income-saved-by-millennials/