Move to teach cashflow management


THE Consumers Association of Sabah (CASH) will organise a series of programmes on family financial management especially in the rural areas to help families manage their funds properly. 

CASH president Datuk Patrick Sindu said the move was important to prevent the lower-income groups from borrowing money from loan sharks. 

“Many people would go to loan sharks whenever they face financial problems.  

“One of the reasons for this is their inability to manage family funds,” he said in Kota Kinabalu recently.  

As such, CASH and the relevant government agencies would co-operate in organising the programme for the common good, he said. 

Sindu hoped to implement the programme in Kota Kinabalu soon before extending it to the other districts in the state next year. – Bernama  

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