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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Financial Challenges and Solutions Facing the Post-Pandemic COVID-19 among the Youth of Kuala Sungai Baru, Melaka

Nurul Afiqah, Nurulhayah ., Nor Hazanah, Nurul Liyana, Suzana .

http://dx.doi.org/10.6007/IJARBSS/v12-i11/15745

Open access

The Covid-19 pandemic has triggered a chain of problems that are bigger than the direct effects of the virus itself. The impact of this problem is seen not only to involve the economy, but to the social as well, which is so extraordinary that it makes the government formulate various strategies to control all the problems that exist. Whether you know it or not, Covid-19 has changed everything where this epidemic has directly changed the structure of society's life and impacted the society's financial landscape dramatically. This instability or decline in financial well-being is influenced by several factors including the attitude of technology users, financial distress, and financial literacy. This negative impact has had an extraordinary impact on all levels of society, not excluding the youth. The main objective of this study is to identify the factors and causes of the deterioration of financial well-being among the youth in Kuala Sungai Baru, Melaka, as well as to propose solutions through effective financial well-being strategies and alternatives for them. This study uses quantitative and qualitative methods. For the quantitative method, a questionnaire will be prepared to be distributed to the youth in Kuala Sungai Baru, Melaka while for the qualitative method it will be carried out through interview and consultation sessions to identify the real issues or problems faced by them. Data will be analyzed using SPSS software through descriptive analysis, correlation, and regression methods. This study can help the Melaka State Government in contributing to the goal of sustainable development through "Sustainable Development Goals" (SDG 1) to improve the well-being of the people of the State of Melaka with the wise use of resources and ensure that environmental conservation can be implemented on a large scale. Use of resources and ensure that environmental conservation can be implemented on a large scale.

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In-Text Citation: (Afiqah et al., 2022)
To Cite this Article: Afiqah, N., Nurulhayah, Hazanah, N., Liyana, N., & Suzana. (2022). Financial Challenges and Solutions Facing the Post-Pandemic COVID-19 among the Youth of Kuala Sungai Baru, Melaka. International Journal of Academic Research in Business and Social Sciences, 12(11), 2846 – 2858.