main reason for Malaysians to not save any money was because they wanted to focus on paying off their debts first.
According to a survey on Malaysian millennials' saving behavior conducted in May 2019, 42 percent of respondents stated that it was difficult for them to save any money. Another survey conducted in the same year revealed that theOpinion on the ease of saving money among millennials in Malaysia as of May 2019
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iMoney.my. (August 5, 2019). Opinion on the ease of saving money among millennials in Malaysia as of May 2019 [Graph]. In Statista. Retrieved April 23, 2024, from https://www.statista.com/statistics/1137229/malaysia-millennials-opinion-on-ease-of-saving-money/
iMoney.my. "Opinion on the ease of saving money among millennials in Malaysia as of May 2019." Chart. August 5, 2019. Statista. Accessed April 23, 2024. https://www.statista.com/statistics/1137229/malaysia-millennials-opinion-on-ease-of-saving-money/
iMoney.my. (2019). Opinion on the ease of saving money among millennials in Malaysia as of May 2019. Statista. Statista Inc.. Accessed: April 23, 2024. https://www.statista.com/statistics/1137229/malaysia-millennials-opinion-on-ease-of-saving-money/
iMoney.my. "Opinion on The Ease of Saving Money among Millennials in Malaysia as of May 2019." Statista, Statista Inc., 5 Aug 2019, https://www.statista.com/statistics/1137229/malaysia-millennials-opinion-on-ease-of-saving-money/
iMoney.my, Opinion on the ease of saving money among millennials in Malaysia as of May 2019 Statista, https://www.statista.com/statistics/1137229/malaysia-millennials-opinion-on-ease-of-saving-money/ (last visited April 23, 2024)
Opinion on the ease of saving money among millennials in Malaysia as of May 2019 [Graph], iMoney.my, August 5, 2019. [Online]. Available: https://www.statista.com/statistics/1137229/malaysia-millennials-opinion-on-ease-of-saving-money/