Sosialisasi Dan Tingkahlaku Kewangan Remaja

Penyelidikan ini bertujuan untuk mengkaji tingkahlaku kewangan remaja, sosialisasi kewangan serta mengenalpasti faktor-faktor yang mempenga ruhi tingka hlaku kewangan remaja. Kaedah persampelan mudah (convenience sampling) digunakan dan data dikutip menggunakan borang soal selidik yang dijawab sendiri oleh pelajar tahun satu di Universiti Putra Malaysia. Sejumlah 3500 borang soal selidik telah diedarkan untuk kajian ini. Kutipan data telah dijalankan dalam tahun 2001. Sebanyak 2219 soal selidik telah dijawab dengan lengkap dan dianalisa. Kajian terdiri daripada 67.9% remaja perempuan dan selebihnya adalah remaja lelaki yang berada diperingkat akhir remaja. Kajian mendapati majoriti remaja mengalami masalah kewangan walaupun mereka menyatakan mempunyai amalan pengu rusan kewangan yang baik. Tingkahlaku kewangan remaja ini sebenarnya dipengaruhi oleh interaksi mereka dengan agen sosialisasi. Majoriti remaja berinteraksi dengan rakan sebaya, ibu bapa dan media dalam aspek penggunaan. Ujian Regresi Pelbagai (Stepwise) menunjukkan angkubah yang memberikan sumbangan signifikan untuk menerangkan variasi interaksi remaja dengan rakan sebaya ialah interaksi dengan media massa, bilangan masalah kewangan, interaksi dengan ibu bapa, jumlah masa dengan rakan, bilangan adik beradik dan bilangan sumber kewangan

Estimating a model of subjective financial well-being among college students

The issue of financial well-being among college students has received increasing attention. The purpose of this study is to examine the association between childhood consumer experience, financial socialization, financial literacy, financial management and subjective financial well-being of college students. Data were collected from eleven public and private universities across Malaysia. Structural equation modeling indicated that childhood consumer experiences such as savings habits, primary socialization agents such as parents, sibling and even religion and secondary socialization agents such as peer and media contribute to students’ financial literacy level which the effect of secondary socialization agents was negative. Financial literacy has the greatest effect on financial management which in turn enhanced the perceived level of financial well-being among students. Overall, implications and recommendations for future research, teaching, and public policy are also provided for parents, college administrators, counselors, and educators

The influence of gender and ethnicity on young adults’ participation in financial education programme

A major problem encountered by educationalists, community leaders and policy makers is to transfer financial literacy and consumer education successfully to their community. Delivering of financial education for youth of a country is one possible intervention to improve the financial capabilities of a population. Therefore, for an effective training we have to identify their financial needs. Further they need guidance and access for financial knowledge and money management tools. Therefore, the objectives of this study are to identify the training needs of youth by gender and ethnicity about money management and to determine their interest towards it. The sample was comprised of 220 secondary school students from five schools in Greater Klang Valley/Kuala Lumpur with 112 females and 108 males and the data collection was done using self-administered questionnaire. The results shown that about one third of female youths have preferred to participate on financial literacy programs than male youths (21.5%). In addition, most of the Malay respondents said that they need more information to take efficient decisions on saving, borrowing and insurance, followed by Indians (64%) and Chinese (61.5%). The findings of this study would be used to the development of financial empowerment program of youth in Malaysia in order to enhance their financial literacy

Predictors of financial well-being among Malaysian employees: examining the mediate effect of financial stress / Mohamad Fazli Sabri and Leila Falahati.

Financial well-being and its impact on the quality of life among employees have received considerable attention from researchers, consumer and financial educators, practitioners and policy makers. The purpose of this study is to examine the determinant factors of employees’ financial well-being in Malaysia. The results of this study can be used for better understanding of the relationship between and among determinants of financial well-being by highlighting the relationships among financial literacy, financial behavior, financial capability, financial problem, and financial stress. Samples were selected using multi-stage sampling technique among employees in public and private sectors. A total of 2,000 completed questionnaires were analyzed using path analysis to identify direct and indirect effects on financial well-being. The results identified that financial well-being determinants were financial literacy, financial behavior, financial capability, financial problem; and financial stress had either a direct and indirect effect on financial well-being. The findings indicated that financial stress partially mediate the effect of factors on predicting financial well-being

Review of college students' financial knowledge and literacy studies

The terms financial literacy, financial knowledge and financial education often are used interchangeably in the literature and popular media (Huston, 2010). Huston (2010) analysed seventy-one individual studies from fifty-two different data sets on broad range of financial literacy or financial knowledge measures where majority of the studies were published between 1996 and 2008. Financial literacy constructs were assessed by whether a definition was provided and whether multiple terms were used to represent the same construct. The majority of studies (72%) did not include the definition of financial literacy. Forty-seven percent of the studies analysed used the terms financial literacy and financial knowledge synonymously. After examining the instrument content (commonality), four main categories emerged: personal finance basics, borrowing, saving/investing and protection. As proposed by Huston (2010), financial literacy could be conceptualised as having two dimensions, which are, understanding personal finance knowledge and using the personal finance knowledge (application). Financial literacy could be defined as measuring how well an individual can understand and use personal finance-related information

Consumers' knowledge, attitudes, and usage of electronic banking technologies

In Malaysia, e-banking represents a relatively small portion of customers compared to the United States (US) where more than 30 billion households own PCs to manage their financial affairs. The main obstacle to the acceptance of e-banking in Malaysia is the lack of market awareness. This indicates that the levels of knowledge among consumers towards electronic banking are still low. According to the research that has been done by Curran and Meuter (2005) in US, 95 percent of the respondents knew that their bank offered Automated Teller Machine (ATM) services, only 59 percent knew that transactions can be conducted over the phone, and only 48 percent were aware of online banking as an alternative. The most worrisome is that 11 percent belived that their bank did not offer online banking and seven percent indicated that their bank did not offer banking facilities by phone when, in fact, the bank did offer those services. The circumstance is even worse in a developing country like Malaysia if a developed country like the US, faced it too

Tahap keprihatinan alam sekitar dan amalan kepenggunaan hijau pengguna di Petaling Jaya, Selangor

This research was conducted to study the level of environmental concern and practices in green consumerism among consumers in Petaling Jaya, Selangor. A total of 80 working adults at Schmidt BioMedTech Sdn. Bhd. were selected as respondents using systematic sampling method. Data were collected through a self-administered questionnaire. Data collected were analysed using 'SPSS for Windows'. More than 70% respondents have high level of environmental concern but moderate level of green consumerism practices. Most of the respondents use green products occasionally and their main sources of information of such products come from newspaper and television. The study also revealed that in general the consumers have positive perceptions on green products. The findings showed that there is a positive and significant relationship between the level of environmental concern and practices in green consumerism (r=0.301, p≤0.01). This indicates that the higher the level of environmental concern, the higher the level of practices in green consumerism among consumers. However, the findings also showed that there is considerable discrepancy between level of environmental concern and level of green consumerism practices. The implication of the study showed that coordinate effort should be taken by various agencies such as government, consumers, business organizations, consumer groups and other nongovernmental organizations to enhance sustainable practices among Malaysian consumers

Measuring the impact of POWER! programme

Despite the vast research in financial literacy and financial education, little is known about the effectiveness of the education programme that was conducted to increase the financial literacy among Malaysian. The high number of bankruptcy as the highest bankruptcy case was related to hire purchase loans and personal loans are among the crucial financial issues in Malaysia. Hence, this study was conducted to investigate the financial literacy, attitude and practices of those who attended POWER! programme and not attended. Data were obtained through on-line survey (n=677) and during Minggu Amanah Saham Malaysia. The findings include that after 6 months attended POWER! programme the participants have a higher financial knowledge. In addition, those who attended POWER! programme had positive attitude towards financial matters although mix result was observed. On the other hand, the control group have better in basic financial behaviour. Consequently, interview should be conducted to gain more understanding on the impact of POWER! programme, a detailed module on specific personal finance need to be developed and further study on financial attitude and behaviour is needed