Citation

Abdullah Salim, Abdullah Sallehhuddin and Md Yatim, Norzarina and Abu Said, Al Mansor (2024) The Relationship Between Sociodemographic Attributes and Financial Well-Being of Low-Income Urban Families Amid the COVID-19 Pandemic: A Case Study of Malaysia. Journal of Risk and Financial Management, 17 (12). p. 544. ISSN 1911-8074

Text The Relationship Between Sociodemographic Attributes and Financial Well-Being of Low-Income Urban Families Amid the COVID-19 Pandemic_ A Case Study of Malaysia.pdf - Published Version Restricted to Repository staff only Download (291kB)

Abstract

The COVID-19 pandemic and the Movement Control Order (MCO) have had a negative impact on the financial well-being of low-income families in urban areas. This study involved respondents living in the public housing project (PPR) residential areas in Kuala Lumpur—the capital of Malaysia. The key finding is that the financial well-being of low-income urban families was negatively impacted due to the COVID-19 pandemic and the MCO implementation. Furthermore, the impact on the financial well-being of low-income urban families is significantly different in terms of types of families, type and sector of employment, type of home ownership, household monthly income, and education level. Reforms to the financial assistance system and the community empowerment of low-income urban families are necessary to increase the community’s preparedness and resilience in the face of new shocks in the future.

Item Type:	Article
Uncontrolled Keywords:	financial well-being; low-income families; urban poverty; COVID-19 pandemic; sociodemographic
Subjects:	H Social Sciences > HJ Public Finance > HJ2005-2216 Income and expenditure. Budget
Divisions:	Faculty of Business (FOB) Faculty of Management (FOM)
Depositing User:	Ms Nurul Iqtiani Ahmad
Date Deposited:	13 Jan 2025 05:19
Last Modified:	13 Jan 2025 05:19
URII:	http://shdl.mmu.edu.my/id/eprint/13336

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