Young people are often in debt very early these days, as they have too many financial commitments and very little savings. As a result, some millennials would even find themselves dealing with a rocky financial stability straight out of college.
What’s more, the cost of living can sometimes exceed the wages that young people earn and it’s hard to keep afloat. I mean, how do you survive with only RM2,500 per month? Many financial experts emphasize that the first step in being financially stable and debt free is to not get into debt in the first place.
So here are some ways you can work towards financial freedom before it’s too late (or you know, go bankrupt):
Want to know ways to NOT go broke? Read more at likely.com.my
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