Stronger finances, stronger lives: building health through economic resilience

Amram, Nor Razuana and Hashim, Muhammad Asyraaf and Rosli, Nuraina Nadia (2025) Stronger finances, stronger lives: building health through economic resilience. FBM Insights. pp. 19-21. ISSN 2716-599X

Official URL: https://kedah.uitm.edu.my/research

Abstract

Health is the very essence of life that encompasses physical, psychological, and emotional well-being. Notably, a strong financial status ensures a decent quality of life as well as enables a person to make healthy investments towards achieving optimal health (Dongen, 2022). However, the rise in living costs and decreased access to healthcare can trap a person in a poverty and sickness cycle (Khaw et al., 2024). In Malaysia, inflation is the cause of the escalating cost of living and an increase in the price of goods and services. Consequently, the inflation trend in Malaysia is increasing, with rates recorded at 2.48% in 2021, 3.38% in 2022, 2.49% in 2023, and 1.83% in 2024 (Statista, 2025). This could be attributable to the expansion in key sectors such as housing, water, electricity, gas, and fuel; restaurants and accommodation services; medical care; social protection; and other ancillary commodities and services (Department of Statistics Malaysia, 2025).

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Amram, Nor Razuana
razuana@uitm.edu.my
Hashim, Muhammad Asyraaf
asyraafhashim@uitm.edu.my
Rosli, Nuraina Nadia
nrainarosli@uitm.edu.my
Contributors:
Contribution
Name
Email / ID Num.
Advisor
Mustapha, Yanti Aspha Ameira
ameira574@uitm.edu.my
Chief Editor
Mohamed Isa, Zuraidah
zuraidah588@uitm.edu.my
Subjects: H Social Sciences > HB Economic Theory. Demography > Economics
H Social Sciences > HB Economic Theory. Demography > History of economics. History of economic theory, Including special economic schools
Divisions: Universiti Teknologi MARA, Kedah > Sg Petani Campus > Faculty of Business and Management
Journal or Publication Title: FBM Insights
UiTM Journal Collections: Other UiTM Journals > FBM Insights UiTM Cawangan Kedah
ISSN: 2716-599X
Page Range: pp. 19-21
Keywords: Health and well-being, Cost of living, Inflation
Date: 2025
URI: https://ir.uitm.edu.my/id/eprint/141984
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141984

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