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Story perspectives

Gen Z's Struggle: Debt Burden Amid Rising Costs

12/11/2025

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Story summary
  • Fatin Anuar, a 25-year-old Kuala Lumpur resident, faces about 3,000 ringgit in debt from two credit cards.
  • She initially saw the cards as helpful, but her bills have escalated.
  • Anuar argues that Gen Z is unfairly labeled as reckless spenders, citing essential costs like rent and food.
  • Her experience reflects a broader Malaysian trend: young workers face stagnant wages and rising living costs, leading to debt.