Analyse the personal financial planning among the public In Section 7, Shah Alam, Selangor / Muhammad Luqmanul Hakim Zakaria

Financial management plays an essential role in one's life. However, many Malaysians are facing a financial crisis that involves increased household debt levels from year to year. Among the general public, working in the private sectors, government sectors and self-employed, their financial resources are reasonable but still having difficulty in financial planning. This problem is not a new issue in the life of the people in Malaysia which causes many among them to face in settling their deferred debt. Hence, research should be conducted to look at the personal financial management of the public working in Section 7, Shah Alam, Selangor. The study aims to analyze the entire personal finances among the people in Section 7, Shah Alam and examine the factors that influence them in doing financial planning. The design of this study quantitatively is by using the questionnaire as a research instrument that will involve a total of 100 respondents to be randomly selected from private sector employment, government sector and self-employment. Data collected will be analysed using the Statistical Package for Social Science Version 25 (SPSS) software. The findings show that most people in Section 7 can deal with their financial problems well because their financial management practices are at a moderate level and need to be improved. This study will hopefully guide the public on the aspect of personal financial management to help them plan future finances.