Universiti Malaya Community Engagement Centre (UMCares)

MyRA Rating

★★★★ ★

Community Engagement

The Problem

Many B40 youth (specifically **Asnaf Fakir and Miskin**) face significant challenges, including **high debt** and low overall **Financial Literacy**. Financial assistance alone often fails to break the cycle of poverty.

The Solution

A comprehensive, four-module learning program developed to equip recipients with essential skills in financial behavior, budgeting, insurance planning, and safe digital spending.

Project Impact: Results That Matter

100%

Increase in Financial Literacy & Management Skills

Significant difference in skill scores post-module training (T-Test Analysis).

100%

Participants Prepared a Weekly Budget

Direct application of Module 2 knowledge into personal finance planning.

80%

Improvement in Financial Behavior

Shift from trend-based spending to prudent management (Needs vs. Wants).

Interactive Module Breakdown (Click to Explore)

Module 1: The Basics of Money Management

Module 2: Practical Budgeting & Planning

Module 3: Strategic Financial Protection (Insurance)

Module 4: Digital Finance & Technology

Alignment with UN Sustainable Development Goals (SDGs)

No Poverty

Quality Education

Decent Work

Reduced Inequalities

Partnerships

Click an SDG Icon Above to Learn More

Select any of the five Sustainable Development Goals icons to see how this Financial Literacy project contributes to global and national objectives.

Financial Empowerment for B40 Youth