EMPOWERING B40 YOUTH IN PENINSULAR MALAYSIA: RISK LITERACY FACTORS AND WELL-BEING

ABSTRACT The prevalence of drug abuse, self-injury, and juvenile delinquency highlights the concerning social risks faced by young people today. Hence, educating this group on risks or risk literacy is crucial. Risk literacy is perceiving risks to make rational decisions for healthier well-being. This study aims to determine risk literacy factors influencing the well-being of B40 youth. To achieve the study's objective, data was gathered from a survey involving 423 youths from the low-income group (B40) in Peninsular Malaysia. A two-stage sampling technique was employed, and data were analysed using partial least squares structural equation modelling (PLS-SEM). The study shows that thoughtful decision-making and effective risk communication are the main predictors of youth well-being. Being a risk-literate youth is essential to reduce the risk of poor decisions. The study's findings, which have the potential to significantly impact policy formulation, are crucial for assisting this group in escaping poverty. This, in turn, can enhance their overall well-being. Keywords: Decision-Making, Risk Literacy, Risk Communication, Youth, Well-Being