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Spending Behaviour of a Case of Asian University Students

Sorooshian, Shahryar and Tan, Seng Teck (2014) Spending Behaviour of a Case of Asian University Students. Asian Social Science, 10 (2). pp. 64-69. ISSN 1911-2017

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Abstract

Recently, interest in exploring professional financial issues mainly money management was shown to be highly increased due to the societal awareness of its benefits. The skill of money management is a major tool in exercising control over them to obtain quality life as working adults. Stratified random sampling was used to examine the spending patterns of student population at one of Malaysia universities. Due to the habit of student expenditures on campus which was shown to influence the way money is managed through their lives. Taking a look at literatures from researchers outside Malaysia, it can be seen that financial literacy among students is required to restrain future problems that may arise from lack of knowledge on individual financial management. This study emphasizes the need on financial literacy awareness among the students looking into their background, financial awareness, attitude and family. Data analysis show that majority of the students do not put to practice correct skill in money management.

Item Type: Article
Additional Information: Indexed in Scopus
Uncontrolled Keywords: Financial literacy; Spending management; Students behavior; Case study; Malaysia
Subjects: H Social Sciences > HG Finance
Faculty/Division: Centre of Excellence: Bio-Aromatic Research Center of Excellence
Centre For Modern Languages and Human Sciences
Centre of Excellence: Centre for Earth Resources Research & Management
Centre of Excellence: Centre of Excellence for Advanced Research in Fluid Flow
Faculty of Chemical & Natural Resources Engineering
Depositing User: Noorul Farina Arifin
Date Deposited: 07 Apr 2014 08:06
Last Modified: 28 Feb 2018 02:08
URI: http://umpir.ump.edu.my/id/eprint/5401
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