Drivers of future savings of Malaysian households

• Main Authors: Ahmad, Nor Hayati, Saha, Asish, Lim, Hock Eam, Musa, Muhammad Muhaizam
• Format: Article
• Language: English
• Published: School of Economics, Finance and Banking, Universiti Utara Malaysia 2021
• Subjects: HC Economic History and Conditions
• Online Access: https://repo.uum.edu.my/id/eprint/28180/1/document.pdf; https://doi.org/10.32890/jes2021.3.1.1; https://repo.uum.edu.my/id/eprint/28180/; http://e-journal.uum.edu.my/index.php/jes/issue/view/555; https://doi.org/10.32890/jes2021.3.1.1

The households’ savings in Malaysia have shown a deteriorating trend that negatively impacts their financial security. The Financial Inclusion and Capability Study of BNM (2016) indicates that merely 6 percent of Malaysians could survive for more than six months and 18 percent up to three months...