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New: Fresh Grad Earning RM5K Spends Above Means, Ends Up RM20,000 in Debt Now

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A recent graduate found themselves drowning in debt after splurging on a fancy car and two credit cards. Left with only RM100 monthly for expenses, they turned to a Facebook group, Muflis Bankrupt di Malaysia, for guidance. Inspired by others’ stories, they became an e-hailing driver, scrimping on expenses to pay off the RM20,000 credit card debt.

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Fresh Grad in Debt

Determined and disciplined, they’ve cleared both cards and are now solely focused on chipping away at their car loan, a testament to the power of perseverance and financial literacy in overcoming debt woes.

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