Does Students' Financial Behaviour Differ Based on Their Family Income?

Nano, Dorjana; Llukani, Teuta

doi:10.26417/ejes.v1i1.p76-82

Cited by 5 publications

(3 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The objective was to develop students' attitudes, knowledge, and abilities in the area of finance by having them internalize financial literacy in managing their money. According to their family income, university students' financial behavior was examined in the study [16]. It evaluated the degree of financial behavior and had consequences for policy.…”

Section: Related Workmentioning

confidence: 99%

Research on Students' Learning Emotion Regulation and Learning Effectiveness in Intelligent Emotional Assisted Financial Learning Environment

Tiantian Wan

2024

jes

View full text Add to dashboard Cite

Research on financial behavior demonstrates that a large portion of the bias associated with financial behavior can be explained by personal traits (PT) and emotional intelligence (EI). To prevent financial behavior bias, the present investigation attempts to identify that factors of the PT and EI of students studying finance require additional training. To achieve this, the Big Four Index (BFI) and Trait EI Survey (TEIS) are employed to assess the PT and EI scores of a group of participants and workers in the finance sector. The professional expertise gaps in PT and EI among students were then observed, as then the effects of these gaps on people's financial behavior. Results indicate that students do not possess the EI skills needed for self-worth, self-control, stress reduction, self-motivation, optimism, and empathy. Furthermore, openness, mindfulness, friendliness, and extraversion are connected with PT. Students that have this kind of weakness have a greater probability to be talented, confidence, self-control, fear of losing, and tolerance of risk, among other financial behavior biases. The results indicate that educational institutions should be mindful that providing thorough PT and EI education to finance graduates may assist them prepare for employment.

show abstract

Section: Related Workmentioning

confidence: 99%

Research on Students' Learning Emotion Regulation and Learning Effectiveness in Intelligent Emotional Assisted Financial Learning Environment

Tiantian Wan

2024

jes

View full text Add to dashboard Cite

show abstract

“…Next, a total financial behaviour score was calculated by summing up the ten items; a lower score reflects poorer financial behaviour (Cronbach's alpha = 0.879). The same technique was implemented by Nano [33] and Hu and Feng [34] to investigate the differences in financial behaviour and their impact [1].…”

Section: Instrumentmentioning

confidence: 99%

Exploring the Relationships of Financial Literacy and Financial Behaviour with Health-Related Quality of Life (HRQOL) among the Low-Income Working Population in Malaysia during the COVID-19 Pandemic

Sabri

Said

Magli

et al. 2022

IJERPH

View full text Add to dashboard Cite

This cross-sectional study examined the relationships of financial literacy (FL) and financial behaviour (FB) with health-related quality of life (HRQOL) during the COVID-19 pandemic among low-income working population (20–60 years old) in Malaysia. A self-administered questionnaire survey was used with HRQOL data were gathered using the EuroQol 5-Dimension 5-Level (EQ-5D-5L) tool. A generalised linear model was employed to examine the hypothesised relationships between the constructs. From 1186 respondents, the majority were employed (73.9%), had a monthly household income of less than RM 2500 (74.5%), and did not have any chronic medical conditions (74.5%). The mean (SD) values of FL, FB, and EQ-5D-5L were 5.95 (1.48), 22.08 (4.79), and 0.96 (0.10), respectively. The results of the adjusted model revealed lower age group, Malay ethnicity, Indian ethnicity, and increased FB score as significant determinants of higher EQ-5D-5L scores. With the addition of the chronic medical condition factor into the saturated model, the lower age group, ethnicity, and no chronic medical condition were significant determinants of higher HRQOL. The effects of FB on QOL were confounded by chronic diseases, implying that interventions that focus on improving FB for those with chronic medical condition may help to improve the QOL among the low-income working population.

show abstract

“…The empirical evidence shows that the study of financial behavior has been conducted worldwide such as South African University [21], Albanian University [22], Sri Lanka University [23] and the Bandung, West Java, Indonesia [24]. However, only a few researches have done on the financial behavior of Malaysian university students, except for [4].…”

Section: Problem Statementmentioning

confidence: 99%

Untitled

2019

IJUR

View full text Add to dashboard Cite

Financial behavior plays an important role in influencing the welfare of individuals in a household, society, nation and the world at large. Economics literature suggests that any individual will take into consideration all available information to make choices that maximize their utility, profit and wellbeing. It is generally assumed any individuals have an unlimited ability to process information that will enable them to make well-informed choices. The main objective of this study is to investigate the determinants of financial behavior of university students. This research will also examine whether financial behavior of these students differ by financial literacy level. Data will be gathered via questionnaires that included personal information, financial attitude, financial behavior, factors influences their decision and financial knowledge.

show abstract

Does Students' Financial Behaviour Differ Based on Their Family Income?

Abstract: This study investigates the differences on Financial Behaviour among

Cited by 5 publications

References 1 publication

Research on Students' Learning Emotion Regulation and Learning Effectiveness in Intelligent Emotional Assisted Financial Learning Environment

Research on Students' Learning Emotion Regulation and Learning Effectiveness in Intelligent Emotional Assisted Financial Learning Environment

Exploring the Relationships of Financial Literacy and Financial Behaviour with Health-Related Quality of Life (HRQOL) among the Low-Income Working Population in Malaysia during the COVID-19 Pandemic

Untitled

Contact Info

Product

Resources

About