Factors of potential bankruptcy among the young age : a case study in Malacca / Nur Hasyimah Ahmad Bohari

Bankruptcy cases have become a major problem in Malaysia. Like people nowadays especially young age are facing a problem that ask for financial and this matter has lead them to enter financial agreement and later on involve with bankruptcy due to default payment. The problem is an individual face a problem of have a high debt as young age looks to be indebted to get an asset like own a homes, vehicles and to improve their standard of living. There should be a good financial literacy, having a positive attitude towards money, an individual itself regarding a self esteem and also about the good management of financial stress. In addition, having the good financial planning for itself. Thus, the adoption of a strategic approach is needed to planning and managing that urban landscape to carry out its function and roles. This research aim is to study the Factor of Potential Young Age Bankruptcy : A Case Study in Malacca. It specifically studies on the young age person who stay in Malacca. This research is based on data obtained from survey questionnaire that distributed to all young age person who stay at Malacca as to achieve good result of this research. The results of the study also suggested of strategic approach is needed for the society or the potential young age person to successfully managing their financial. It is hope that the study can contribute to the improvement of less in bankruptcy person in Malacca.