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Category: ABCs of Personal Finance

ABCs of Personal Finance

Millennials are a very powerful group indeed. Please be aware yeah.

They say one picture tells a thousand words. This is why I always love to drop by visualcapitalist.com every now and then. This time, we look at the Millennials. These are the people born between 1984 and 1994. So they are currently within the ages of 27 to 37. If you are younger, then you are under Gen-Z. If you are older, you are in my category, Gen-X. So, how will Millennials impact the world we live in? Let’s look at some slides then. All are from visualcapitalist.com

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bankruptcy in Malaysia
ABCs of Personal Finance

Bankruptcy in Malaysia during the MCO period. 10k declared bankrupt, high or low?

Bankruptcy in Malaysia: Over 10,000 declared bankrupt during MCO period. This MCO period was stated to be between March 2020 to July 2021. This is around 17 months. If we divide this into a monthly basis, that’s 10,000 divided by 17 months and we come to 588 per month or slightly higher than 7,000 bankrupt declarations per year. Is this considered high or low?

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