Desmond Chong, Financial Education Trainer from AKPK, shared about the difference between Credit and Debt and the common sources of borrowing in the video below. Let's first quickly discuss the difference
Credit card debt is the most common consumer debt most people will have trouble with. Since it is so dangerous to carry around a few thousand ringgits when you do
Do you aspire to become a millionaire? Read and watch about real people who aspire to be one and learn how they plan to do it.
AKPK is an agency set up by Bank Negara Malaysia in April 2006 to provide financial counseling and debt management to individuals as well as financial education to help individuals take control of their financial situation and gain peace of mind that comes from the wise use of credit. The best thing about AKPK is that they didn't charge anything for the financial education provided to the public.