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> What are Malaysian millennials' goals? *hot topic*, Buy a house and clear debt, survey says

Are you a millennial age between 22 - 37 years old ? What are your top financial goals for the next 5-10 years ?
 
Clear all my debts [ 23 ] ** [15.75%]
Buy a house [ 14 ] ** [9.59%]
Start my own business [ 16 ] ** [10.96%]
Create a savings plan [ 6 ] ** [4.11%]
Afford to travel internationally [ 18 ] ** [12.33%]
Investing [ 20 ] ** [13.70%]
Get married and have a family [ 12 ] ** [8.22%]
Buy a vehicle [ 7 ] ** [4.79%]
Retire before age 60 [ 13 ] ** [8.90%]
Financial independence from my parents [ 5 ] ** [3.42%]
Others, please specify [ 12 ] ** [8.22%]
Total Votes: 146
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TSCalvin871989
post Aug 15 2019, 03:34 AM, updated 3 months ago

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https://vase.ai/data-trust/projects/malaysi.../summary?cues=1

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https://www.businessinsider.my/malaysian-mi...t-survey-finds/
Malaysian millennials' goals? Buy a house and clear debt, survey finds

===

based on survey most are employed with full time job but that RM3000 salary and below though … hmm.gif

other factors must also be consider too.
ikankering
post Aug 15 2019, 05:33 AM

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#1m12months.
Intimidated
post Aug 15 2019, 06:18 AM

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Earn 4.2bn without paying tax
Leong Kok Leong
post Aug 15 2019, 06:27 AM

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I'm not a millennial but my goal is to afford study fees, and a BMW M3
:3mushy:3
post Aug 15 2019, 06:43 AM

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20k celery
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ikankering
post Aug 15 2019, 06:44 AM

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show that malaysian are stress because money.
mohdyakup
post Aug 15 2019, 06:57 AM

Look at all my stars!!
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sojurn
post Aug 15 2019, 06:59 AM

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Got until 37 and only 1% earn 12k and above?
thesoothsayer
post Aug 15 2019, 07:35 AM

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So many percent self-employed? How does that compared to previous generations?
WallMaker
post Aug 15 2019, 08:27 AM

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Seems like more than 10k is already high earner. How come...
iGamer
post Aug 15 2019, 08:29 AM

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Buy a bicycle.
Oreoyh90
post Aug 15 2019, 08:32 AM

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Piap different hot girls every day / week
6996
post Aug 15 2019, 08:33 AM

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Be able to afford a house of my own and finanicially stable enough to travel around
internaldisputes
post Aug 15 2019, 08:44 AM

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I don't believe in retirement, starting a family, buying a house or other materialistic pursuits so I don't even know what's the point of saving anymore.

I have a bf now though so I guess whatever extra money I have is to have fun with him travelling, dining out and whatever.

This post has been edited by internaldisputes: Aug 15 2019, 08:45 AM
PathofLife
post Aug 15 2019, 09:03 AM

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Have enough money to not work and retire in US.
fazlythewarrior
post Aug 15 2019, 09:05 AM

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1. Get a PhD before 40.
2. Buy a house before 35.
3. Tunaikan haji by 45.
Chowda
post Aug 15 2019, 09:10 AM

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1) Stabilise my career prospects

2) Go home and open business with my license, contribute to community development

3) Open tuition center to teach proper education, not the hogwash prepared by Federal Government. (If Sarawak don't get education autonomy)
Ryurox2020
post Aug 15 2019, 09:13 AM

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Piap piap
koja6049
post Aug 15 2019, 09:15 AM

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why no option for retire before 40? lol.gif
DoomCognition
post Aug 15 2019, 09:16 AM

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I am interested in the I'm one breakdown by region. Without accounting for region, income can be deceiving.
nintendo86
post Aug 15 2019, 09:18 AM

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Out of 10 millenials only 1 would succeed
shirohamada
post Aug 15 2019, 09:19 AM

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See the world burn in my lifetime.
freeknd
post Aug 15 2019, 09:20 AM

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to go into any restaurant and order any food without looking at the price tag
zhou.xingxing
post Aug 15 2019, 09:21 AM

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ayam aim is to have two house fully paid.. and can relax dy..
doppatroll
post Aug 15 2019, 09:22 AM

On my way
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start own business....nowdays you see many young entrepreneur starting business everywhere but mostly end up short business and close down
Zoopdiidoo
post Aug 15 2019, 09:24 AM

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live debt free...no home and car loan...
so when jobless if work odd job still can cover daily expenses.
iGamer
post Aug 15 2019, 09:27 AM

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QUOTE(doppatroll @ Aug 15 2019, 09:22 AM)
start own business....nowdays you see many young entrepreneur starting business everywhere but mostly end up short business and close down
*
Those who start new business with physical shop nowadays most likely close shop shortly.
The trend is to do business without expensive rental premise and utilize online technology and logistic advancement.
daimGeno
post Aug 15 2019, 09:53 AM

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as of now i wish to clear all my debts. 3 ~ 7 more years.
lagista
post Aug 15 2019, 02:08 PM

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sambung bayar X70

park it outside PPRT
Boldnut
post Aug 15 2019, 02:11 PM

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to get over 10mil networth.

TSCalvin871989
post Aug 15 2019, 04:07 PM

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hmm based on kopitiam poll , millennial are more towards clearing debts , start own business , travelling and investments which are good signs.
but no idea what majority of other millennials out there are on their financial goals.
I don't think many are heading towards right direction.

not surprise if many are still jobless be it fresh graduate , workers that got retrench or even workers that quit their job (job hop ?) looking for other type of jobs.
in meantime just be grab food rider and grab car driver while waiting for job.
all this people sure got debt one way or another.

all looking for rm20,000 income like /k laugh.gif
Twenty-Fifth Baam
post Aug 15 2019, 04:09 PM

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QUOTE(mohdyakup @ Aug 15 2019, 06:57 AM)
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itu haram! tak boleh!
zZNekoChanZz
post Aug 15 2019, 04:12 PM

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I got no debt so in a sense, I'm financial independent. So, my goal right now is to own a house to call my own and earn enough money to fund my interests.
Twenty-Fifth Baam
post Aug 15 2019, 04:13 PM

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damn... if by 30, i no 10k, i also feel like a failure d... if 35 still not yet 10k, really can go die d

how to survive la?

by 35, need at least 17k d la
demamkuning
post Aug 15 2019, 04:16 PM

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23 here. I've worked, piap2 here and there, travelled, got a house, got a car, got a wife, no debt.

Now I just want to own a business. Can goyang kaki and start raising children.
blackpink
post Aug 15 2019, 04:16 PM

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buy X1/2/3/4/5/6/7
Randomization
post Aug 15 2019, 04:19 PM

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20k celery peeps do poll in /k

No time for survey

Quite accurate in that sense
ikankering
post Aug 15 2019, 04:25 PM

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if income rm 15k oredi can bangga.
TSCalvin871989
post Aug 15 2019, 04:26 PM

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QUOTE(Twenty-Fifth Baam @ Aug 15 2019, 04:13 PM)
damn... if by 30, i no 10k, i also feel like a failure d... if 35 still not yet 10k, really can go die d

how to survive la?

by 35, need at least 17k d la
*
work hard and work smart.

that's my advice

QUOTE(demamkuning @ Aug 15 2019, 04:16 PM)
23 here. I've worked, piap2 here and there, travelled, got a house, got a car, got a wife, no debt.

Now I just want to own a business. Can goyang kaki and start raising children.
*
what kind of business ? business goyang kaki ? laugh.gif
ihm11
post Aug 15 2019, 04:28 PM

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y the age range so specific?
mohdyakup
post Aug 15 2019, 04:29 PM

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QUOTE(Twenty-Fifth Baam @ Aug 15 2019, 04:09 PM)
itu haram! tak boleh!
*
MANA PEDULIIIII
demamkuning
post Aug 15 2019, 04:34 PM

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QUOTE(Calvin871989 @ Aug 15 2019, 04:26 PM)
work hard and work smart.

that's my advice
what kind of business ? business goyang kaki ?  laugh.gif
*
F&B.. Got a close friend who cooks like a God. We've been partners in other businesses before in the past. This will be another project of ours. laugh.gif
ikankering
post Aug 15 2019, 04:36 PM

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QUOTE(Calvin871989 @ Aug 15 2019, 04:07 PM)
hmm based on kopitiam poll , millennial are more towards clearing debts , start own business , travelling and investments which are good signs.
but no idea what majority of other millennials out there are on their financial goals.
I don't think many are heading towards right direction.

not surprise if many are still jobless be it fresh graduate , workers that got retrench or even workers that quit their job (job hop ?) looking for other type of jobs.
in meantime just be grab food rider and grab car driver while waiting for job.
all this people sure got debt one way or another.

all looking for rm20,000 income like /k  laugh.gif
*
truth hurts
Level 60 Wizard
post Aug 15 2019, 04:37 PM

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hot topic 404
Twenty-Fifth Baam
post Aug 15 2019, 04:42 PM

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QUOTE(Calvin871989 @ Aug 15 2019, 04:26 PM)
work hard and work smart.

that's my advice
what kind of business ? business goyang kaki ?  laugh.gif
*
still got 1 more year for me, fingers crossed!

i really cant imagine living in KL without at least 10k salary

buy house, buy car, living cost, everything else... can survive meh?

QUOTE(mohdyakup @ Aug 15 2019, 04:29 PM)
MANA PEDULIIIII
*
YOU WAIT! let me call JAIS!
TSCalvin871989
post Aug 15 2019, 04:45 PM

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QUOTE(demamkuning @ Aug 15 2019, 04:34 PM)
F&B.. Got a close friend who cooks like a God. We've been partners in other businesses before in the past. This will be another project of ours. laugh.gif
*
wow really ? what kind of restaurant ? local , western , Japanese ?

if you need someone let me know I can be your partner too.

I goyang your kaki you goyang my kaki tongue.gif
mingyuyu
post Aug 15 2019, 04:45 PM

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Afford to piap HNGHH amoi
KLthinker91
post Aug 15 2019, 04:47 PM

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Within that timeframe?

1. Investment

2. Wife and kid

Not sure about the house. Will depend on wife and status of investments.
itik_emas
post Aug 15 2019, 04:49 PM

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some of the goals are relatively easy to achieve.except if the amount is really high like buying 5m houses,investing 10m,starting company worth million,buy 3 new ferraris cash...............
Zaryl
post Aug 15 2019, 04:55 PM

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waiting to withdraw some of my KWSP fund to clear off my credit card debts (after 3 years of permanent status + confirmed post)

then will keep some in KWSP till i die.

then relaxing throughout my retirement via my pension fund.

just a question:

between KWSP, ASB & TH, which one has the most returns?

inb4 30s unker
inb4 cukurrr low salary but stable gomen job



seiferalmercy
post Aug 15 2019, 04:58 PM

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To get a job as programmer in less than 8 months
arinpresto
post Aug 15 2019, 05:04 PM

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Thought strawberries goal to have honda ketam, few cc to show off and Percutian hebat diluar negara.

Yolo katanya.

😅
TSCalvin871989
post Aug 15 2019, 05:07 PM

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QUOTE(Zaryl @ Aug 15 2019, 04:55 PM)
waiting to withdraw some of my KWSP fund to clear off my credit card debts (after 3 years of permanent status + confirmed post)

then will keep some in KWSP till i die.

then relaxing throughout my retirement via my pension fund.

just a question:

between KWSP, ASB & TH, which one has the most returns?

inb4 30s unker
inb4 cukurrr low salary but stable gomen job
*
I not sure what the returns are maybe someone sifu can come explain

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skyblue8
post Aug 15 2019, 05:15 PM

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QUOTE(freeknd @ Aug 15 2019, 09:20 AM)
to go into any restaurant and order any food without looking at the price tag
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This
ironite
post Aug 15 2019, 05:18 PM

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QUOTE(Zaryl @ Aug 15 2019, 04:55 PM)
waiting to withdraw some of my KWSP fund to clear off my credit card debts (after 3 years of permanent status + confirmed post)

then will keep some in KWSP till i die.

then relaxing throughout my retirement via my pension fund.

just a question:

between KWSP, ASB & TH, which one has the most returns?

inb4 30s unker
inb4 cukurrr low salary but stable gomen job
*
put in both to diversify. but TH have end goal of going to perform hajj.

after return you just get normal dividends without bonus.
Inject
post Aug 15 2019, 05:20 PM

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Others.

Pancut inside as many girls as I can. So far only managed 5. Thats still quite far away from 'as many as possible' so i need to work harder.
cloudwan0
post Aug 15 2019, 05:28 PM

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Okay my income is in the 1%
themightywiseone P
post Aug 24 2019, 06:25 PM

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QUOTE(Calvin871989 @ Aug 15 2019, 03:34 AM)


This is awesome data, where did you find this?? Interesting to see millennials priority these days.


 

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