KUALA LUMPUR: Young Malaysians have developed a high level of financial awareness, with many believing that being financially savvy was vital.
According to a global survey conducted by McCann Truth Central, 70% of Malaysian respondents believed being able to manage one’s finances was key to being successful, compared to 54% globally. The Truth About Youth (TAY) survey also revealed that Malaysian youths have a developed social conscience.
It said that 89% felt they have a responsibility to make positive contributions to the society, and 84% agreed on the importance of being inclusive.
“We were pleasantly surprised by the youths’ responses. The older generation tend to think of millennials as slackers, or not forward-thinking enough, but the results showed that they are,” said McCann Worldgroup Malaysia’s planning director, Nura Yusof.
Locally, the findings were broken down into individual states. For example, 93% of Perak youths said they would stand up for what they believe in and 77.4% of youths from Kuala Lumpur wished they had more support in their quests to lead healthier lives.
The TAY survey polled over 10,000 youths aged between 16 and 30 across 18 countries.
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