There was an article yesterday saying that BNM is going to put restrictions on people wanting to get loans. That's a good idea. How many people do you know that doesn't have debts? Very few I would think.
We usually take loans for the important stuff, like a house and a car. But these days, there's so many things to buy. Branded bags, clothing and shoes, expensive holidays, and gadgets. Do we need them though?
Live in moderation. Don't let the bankers own you!