In an effort to enhance awareness on the importance of financial literacy and planning among the youth, AZAM Sarawak partnered with Etiqa Life Insurance Kuching to hold a talk session on the theme, in Kuching today.
About 20 participants attended the half day programme comprising mainly the AZAM Young Souls (AYS), AZAM staff, and a member of the Sarawak Dayak Graduates Association (SDGA).
In his introductory remarks, Mr. Raymond Chin, the Director of Agency Sabah and Sarawak, Etiqa Life Insurance Berhad said the collaboration between Etiqa and AZAM was a proactive approach to help address financial literacy gaps among Malaysian youth.
In her welcome remarks, Miss Rosalind Yang Misieng, Deputy Chief Executive Officer of AZAM Sarawak said it is hoped that the session will not only equip the participating AYS with useful personal financial planning knowledge, but that they will also help advocate financial literacy among other youths in Sarawak.
The invited speaker, Mr. Paul Fong, highlighted that 52% of Malaysians lack sufficient emergency funds for personal use. He said the first step toward financial planning is ensuring financial security, with life insurance playing an important role, adding that there is still a lack of understanding in financial knowledge and planning among Malaysians.
Aiman Fadzim, a participant from AYS, said he was excited about the new information gained, that provided useful insights into initiating proper financial planning especially for youths like himself. #