QUOTE(scorptim @ Apr 12 2017, 07:19 PM)
Nope, I wish I was that young. Oldfag d lerr me.
You would observe that people in richer parts of klang valley have more savings if you mainly compare between Chinese ppl but do bear in mind majority are the Malays.
Looking at Malays in KV (macai and crony not included), memang damn a lot are heavily in debt and have minimal savings. They constantly upgrade their lifestyle whenever they earn more resulting in them not being able to save. Everytime got promotion etc, will upgrade car, house etc. So end of the day no savings. More Malays in kampung tend to just maintain their lifestyles and live in old houses while saving the extra money earned.
Actually since the bnm survey is not region specific.
It means the whole country.
3 out of 4 cannot raise rm1000.
That make sense because 1 out of 4 are taking br1m.
Inflation and rising food cost are killing the minimum wage workers.
Those pakai civic guna tayar second hand is less of my concern because they chose this lifestyle.
I am more concern about the poor and needy.