Malaysian household income survey for necessities

Mahfis, Nur Khalishia and Aizian, Puteri Nurjeha Syauqina and Ismail, Nur Serina Sofea and Ahmad Khairuddin, Nur Afifah and Ahmad, Nur Intan Syafinaz (2024) Malaysian household income survey for necessities. In: Proceedings of Johor International Innovation Invention Competition And Symposium 2024. Universiti Teknologi MARA Cawangan Johor Kampus Pasir Gudang, Universiti Teknologi MARA, Johor, pp. 473-476. ISBN 978-967-0033-25-9
Abstract

The term of household income in buying essential needs refers to the combined gross income of all members of a household above a specified age. Household income aims to guarantee the affordability of housing for every category of salary earner, including the low income, middle income and high income individuals. This study aims to fill a knowledge gap about the spending habits of essential households versus income household among Malaysian. By conducting a survey, we hope to gain a more nuanced understanding of these households' financial dynamics, shedding light on how they allocate their limited resources to meet their basic needs. From this survey, it is conclude that the cost of living against the cost of expenses can be shown in the purchasing behaviours. The majority of Malaysians concur that their household income is adequate to pay for their necessities.

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