Preprint Article Version 1 This version is not peer-reviewed

The Relationship of Sociodemographic Attributes and Financial Well-Being of Low-Income Urban Families Amid Covid-19 Pandemic: A Case of Malaysia

Version 1 : Received: 15 October 2024 / Approved: 15 October 2024 / Online: 15 October 2024 (13:33:11 CEST)

How to cite: AbdullahSalim, A. S. A.; Md Yatim, N.; Abu Said, A. M. The Relationship of Sociodemographic Attributes and Financial Well-Being of Low-Income Urban Families Amid Covid-19 Pandemic: A Case of Malaysia. Preprints 2024, 2024101207. https://doi.org/10.20944/preprints202410.1207.v1 AbdullahSalim, A. S. A.; Md Yatim, N.; Abu Said, A. M. The Relationship of Sociodemographic Attributes and Financial Well-Being of Low-Income Urban Families Amid Covid-19 Pandemic: A Case of Malaysia. Preprints 2024, 2024101207. https://doi.org/10.20944/preprints202410.1207.v1

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. The study involved respondents living in the Public Housing Project (PPR) residential areas in Kuala Lumpur – the capital of Malaysia. The key finding is 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 difference in terms of types of family, type & sectoral employment, type of home ownership, household monthly income and education level. Reforms to the financial assistance system and 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.

Keywords

financial well-being; low-income; families, urban poverty; COVID-19 pandemic; sociodemographic

Subject

Social Sciences, Sociology

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