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

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.