Millennials' reasons to save money Malaysia 2019

Published by
Amanda Siddharta,
Oct 5, 2022
According to a survey on Malaysian millennials' money management conducted in May 2019, 68 percent of respondents stated that they saved money for emergency funds. Meanwhile, another survey conducted in the same year revealed that the main reason why Malaysians did not save money was because they wanted to pay off their debts first.

Reasons why millennials save money in Malaysia as of May 2019

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Sources

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Release date

August 2019

Region

Malaysia

Survey time period

May 2019

Number of respondents

1,525 respondents

Age group

24-35 years

Method of interview

Online survey

Supplementary notes

The question was:"What are you saving for?"

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