SELANGOR, March 13 (Bernama) — Financial crisis is a rising concern in people’s life especially among the B40. The fluctuating economic situation in Malaysia following the Covid-19 pandemic portrays how low Malaysia’s people in financial planning is when they are unable to provide RM1,000 to be used during emergency situations.¹ In promoting the importance of financial planning, the Malaysian Financial Planning Council (MFPC) organizes its first My Money & Me programme for 2023 physically. In this first session, around 300 registered participants consisting of young adults, B40 and the M40 community around Klang Valley attended the programme.
The My Money & Me programme for this year has received support from various government ministries and agencies including the Ministry of Finance (MOF), Ministry of Youth and Sports (KBS), the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM). In addition, universities such as Universiti Tunku Abdul Rahman (UTAR), Taylor’s University, and Universiti Selangor (UNISEL) are also a part of the programme as academic partners and recognizing the programme as an important beneficial knowledge for its students.