Do You Know?

Do you know that there are 3,548 people declared bankrupt because of credit card debts in Malaysia?

1,774 or 50% of them were below 30 years old. As at 30th March 2009, Malaysia's credit card debt amounting to RM23.3 billion.

Young urban Malaysian are actually managing debt rather than their finances. Cash flow to our financial well being is like our blood flow to our body. Any disruption to our cash flow will affect our success in life just like when if our blood is infected, we get sick.

Just like exercise is so important to our health, financial planning exercise is crucial to achieving our financial goals.