Recently, a popular financial advisor page on X made a poll asking who was able to have a RM100,000 savings when they’re 30. However, most people feel that having such savings at a young age is relatively impossible for an average Malaysian.
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RM100k savings “impossible”
Some may say, it’s in lieu with the lower salary standards in Malaysia, and with the rising cost of inflation is leading many of the younger generations to lack savings. But, other users suggested that for those who invest their money wisely, they may be able to have such savings.
Others claim that in today’s world, it’s easier than ever for a young person to make more money than ever before.
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