PORT DICKSON, March 23 (Bernama) — In the Council’s efforts to help Malaysians acquire financial literacy, and make a switch on their attitudes and behaviours towards money management, the Malaysian Financial Planning Council (MFPC) has organised a one-day Financial Literacy Workshop for Members of the Public at Auditorium Pejabat Daerah & Tanah Port Dickson on 23 March 2019 from 9.00am until 4.30pm.
The core objective of the programme is to help Malaysians make better financial decisions, as data indicates Malaysians lack successful money management knowledge. The S&P Global Literacy Financial 2014 report indicated that financial literacy in Malaysia is low at 36% compared to 59% in developed countries. The low level of financial literacy, according to Finance Minister Lim Guan Eng, is a reason why many young people are falling into the debt trap and bankruptcy.