The Influence of Financial Literacy, Money Attitude, Financial Strain and Financial Capability on Young Employees' Financial Well-being.
The rising cost of living and difficult economic conditions have made Malaysian individuals and households more conscious of their financial management. This study aims to (1) identify the levels of financial literacy, financial strain, financial capability and financial well-being and the type of m...
| Publicado en: | Pertanika Journal of Social Sciences & Humanities Vol. 23; no. 4; pp. 827 - 849 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Universiti Putra Malaysia
Dec2015
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=111204072&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 111204072 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 01287702 TKQ jtl: Pertanika Journal of Social Sciences & Humanities issn: 01287702 maglogo: N pubinfo: dt: Dec2015 vid: 23 iid: 4 pid: 20751 pub: Universiti Putra Malaysia artinfo: ui: 111204072 ppf: 827 ppct: 22 formats: fmt: @attributes: type: P size: 3.4MB tig: atl: The Influence of Financial Literacy, Money Attitude, Financial Strain and Financial Capability on Young Employees' Financial Well-being. aug: au: Sabri, Mohamad Fazli Zakaria, Nurul Farhana affil: Department of Resource Management and Consumer Studies, Faculty of Human Ecology, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia Sustainable Consumption Research Center, Faculty of Human Ecology, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia su: Income Domestic relations Sampling (Process) Metropolitan areas Malaya sug: subj: Malaya Income Domestic relations Sampling (Process) Metropolitan areas keyword: financial capability Financial literacy financial strain financial wellbeing money attitude ab: The rising cost of living and difficult economic conditions have made Malaysian individuals and households more conscious of their financial management. This study aims to (1) identify the levels of financial literacy, financial strain, financial capability and financial well-being and the type of money attitude of young Malaysian employees; (2) explore the differences in financial well-being based on the demographic characteristics of young employees; (3) analyse the relationships between the financial well-being of young employees and their financial literacy, money attitude, financial strain and financial capability; and (4) identify the determinants of financial well-being among young employees. The sample for this study consisted of 508 young employees in the public and private sectors aged 40 years and below from four urban areas in central Peninsular Malaysia, who were selected through the multi-stage sampling technique. Data were collected through self-administered questionnaires. The findings indicate that respondents who had moderate levels of financial literacy, financial capability and financial well-being scored high in effort and retention money attitudes and had a low level of financial strain. Statistically significant differences emerged in the financial well-being of those of different marital status (married and single) and the different household income groups (lower, middle and high-income), while there were significant relationships between financial well-being and financial literacy, type of money attitude, financial strain and financial capability. Demographic characteristics (gender and monthly household income), financial literacy, retention-money attitude, effort-money attitude, financial strain and financial capability had significant influence on financial well-being with financial strain being a major factor contributing to financial well-being. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Copyright of Pertanika Journal of Social Sciences & Humanities is the property of Universiti Putra Malaysia and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. item: Pertanika Journal of Social Sciences & Humanities holder: Universiti Putra Malaysia dt: @attributes: year: 2015 holdings: @attributes: islocal: N |
|---|