When it comes to money advice, young people turn to parents and relatives


By AGENCY
  • Family
  • Saturday, 09 Dec 2023

About 64% of American students say they turn to their parents or relatives for financial advice. — AFP

YOUNGER people tend to be more open about the subject of money – regarded as taboo in conversation by several generations.

Compared to their predecessors, they’re more confident and at ease with their desire for a comfortable lifestyle. And to make informed financial decisions, they seek the help of those closest to them.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Family

Understanding menopause beyond just the myths
How one Malaysian mathematician is using AI to make mental healthcare accessible
This young Malaysian is chasing after the same finish line as his father
How parents can positively navigate their teen's behavioural issues
The growing weight problem among Britain's youngest children
Youth vaping is on the rise – and it's harming more than just their health
All aboard the 'bike bus'
No link between paracetamol intake during pregnancy with autism or ADHD
How to understand what your child truly needs rather than what they want
Starchild: How Malaysian kids keep busy with their favourite hobbies

Others Also Read