In Malaysia, 60% of individual bankruptcies were from the younger generation as the result of their habit of spending more than their income (Rahim et al., 2022). Future research should focus on young adults’ financial capabilities in the Asia-Pacific region, particularly in countries with a ...
For reference, the average income of the USA is USD 5,378 per month – almost six times China’s average income. Further, the average monthly wage in the country varies due to disparity in job availability, household requirements, employment status (full-time employee/ part-time employee), ...
they age. However, living at home isn’t without challenges for older adults. For example, those living alone may be at risk of having a sudden medical emergency without the ability to access help or a potentially life-threatening household problem (such as forgetting to turn off the ...
Carrying debt in today’s world is far more common than not – in Australia only 35% of the population has no debt, and the average household debt is a whopping $261,000. The average debt to income ratio (DTI) here is 2:1 – that is, most people owe twice what they earn in a ...
What is clear is that we have to give gifts very often, and surprising your loved ones is in your hands. That is the reason we have come up […] Continue Reading Posted On : October 13, 2022 Published By : Felicia Rizky Category: Clearance Sale Etsy Engagement Fashion & Beauty ...
The logarithm of monthly household income has improved in all waves for M1 and four out of 7 times for M2. However, what is striking is that the value of M2 only reached the positive score in the year 2015, whether for M1, it happened much earlier (in 2007). Furthermore, the most ...
A huge proportion of personal assets are tied up in the property sector in China – as much as70 percentof household wealth is in property. The constant rise in house prices also means that property has over the years increasingly come to be seen as a lucrative investment. This is compounde...
For many people one of the main items in their weekly budget is grocery shopping. In Melbourne the cost of groceries can fluctuate due to external factors such as the economy, natural disasters and the farmers yield. Here’s the approximate cost of some household stables to give you a genera...
For example, those living alone may be at risk of having a sudden medical emergency without the ability to access help or a potentially life-threatening household problem (such as forgetting to turn off the stove). Employing external supports (for example, a laundry service), using technology...
Currently, Western China’s economy is stepping into the “new normal” phase, and traditional linear industrial practice, characterised by high capital investments, massive resource consumption, and severe pollution discharge, may no longer be able to adapt to the regional situation. Therefore, ...