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Youth background and financial wellbeing


Citation

Abdullah, Haslinda and Ortega, Adriana and Ismail, Ismi Arif (2013) Youth background and financial wellbeing. In: International Conference on Youth 2013 (ICYOUTH 2013), 29-31 Oct. 2013, Mines Wellness Hotel, Sri Kembangan, Selangor. .

Abstract / Synopsis

The study aimed to (a) assess the difference based on ethnicity and age in financial well-being among Malaysian youth. Methods: Data were obtained from 2011 Youth Index (MYI’ 2011). The MYI’ 2011 provided indicators of the overall health and well-being status of Malaysian youth and was designed to identify potential issues affecting young people’s quality of life and well-being. For this study authors used financial well-being indicators from MYI’2011. Sample: The sample consisted of 5720 young Malaysians between the age range of 18 and 40 years old. Majority of the sample (68.3%) were Malay, 14.2% were Chinese, 7% were Indians and the remaining 10.5% were east Malaysians and other ethnicities. Majority of participants lived in urban areas (56%) and rural areas (46%), while a very small portion of the sample resided in Felda/Felcra communities. Results: There were significant differences regarding financial security indicators among Malaysian youth based on youth’s ethnicity and age groups. Financial security was also found to be significantly associated with security. Implications: The findings indicate that young people’s financial wellbeing might be an aspect that could be enhanced through tailored youth programs.


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Additional Metadata

Item Type: Conference or Workshop Item (Paper)
Divisions: Institute for Social Science Studies
Publisher: Institute for Social Science Studies, Universiti Putra Malaysia
Keywords: Ethnic differences; Economic well-being; Youth development
Depositing User: Nabilah Mustapa
Date Deposited: 17 Jan 2019 09:16
Last Modified: 17 Jan 2019 09:16
URI: http://psasir.upm.edu.my/id/eprint/65060
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