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[ Sun, Feb 09th ] - MSN
Youths plan early for future

Youths plan early for future


Published on 2025-02-09 23:21:04 - MSN
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  • To most young people in their 20s and 30s, the idea of retirement may seem like a distant prospect, one that they put off thinking about until later in life. Read full story

The article from MSN Money discusses the importance of financial planning for young people in Malaysia. It highlights that with the rising cost of living and economic uncertainties, youths need to start planning their financial future early. Key points include the necessity of understanding financial basics like saving, investing, and managing debt. The article suggests that young Malaysians should set clear financial goals, whether for education, buying a home, or retirement. It also emphasizes the benefits of starting to invest early due to the power of compound interest, and the importance of financial literacy to avoid common pitfalls like high-interest debt. Additionally, the piece touches on the role of government initiatives and financial education programs aimed at equipping the youth with the necessary tools to make informed financial decisions.

Read the Full MSN Article at:
[ https://www.msn.com/en-my/money/general/youths-plan-early-for-future/ar-AA1yI3bG ]