Gender differences in financial well-being, financial socialization and financial knowledge among college students

This study aims to determine the gender differences in the financial well-being, financial socialization and financial knowledge among college students. The sample comprised 2,430 students in six public and five private universities across Malaysia, which were randomly selected for the study. A self...

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Main Authors: Falahati, Leila, Paim, Laily
Format: Article
Language:English
Published: Marsland Press 2011
Online Access:http://psasir.upm.edu.my/id/eprint/13783/1/Gender%20differences%20in%20financial%20well-being%2C%20financial%20socialization%20and%20financial%20knowledge%20among%20college%20students.pdf
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author Falahati, Leila
Paim, Laily
author_facet Falahati, Leila
Paim, Laily
author_sort Falahati, Leila
collection UPM
description This study aims to determine the gender differences in the financial well-being, financial socialization and financial knowledge among college students. The sample comprised 2,430 students in six public and five private universities across Malaysia, which were randomly selected for the study. A self-administered questionnaire was used as the data collection method. The perceived financial well-being was measured by asking students to rate their level of satisfaction on a scale of one (not satisfied at all) to ten (very satisfied) on six items including the amount of savings, financial situation, ability to purchase, savings for emergency expenses, skills to manage money, and ability to spend. The results revealed significant gender differences in financial well-being, financial socialization and financial knowledge. Female students perceived a higher level of financial well-being and a lower level of financial knowledge and later age financial socialization.
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spelling upm.eprints-137832018-08-14T08:33:31Z http://psasir.upm.edu.my/id/eprint/13783/ Gender differences in financial well-being, financial socialization and financial knowledge among college students Falahati, Leila Paim, Laily This study aims to determine the gender differences in the financial well-being, financial socialization and financial knowledge among college students. The sample comprised 2,430 students in six public and five private universities across Malaysia, which were randomly selected for the study. A self-administered questionnaire was used as the data collection method. The perceived financial well-being was measured by asking students to rate their level of satisfaction on a scale of one (not satisfied at all) to ten (very satisfied) on six items including the amount of savings, financial situation, ability to purchase, savings for emergency expenses, skills to manage money, and ability to spend. The results revealed significant gender differences in financial well-being, financial socialization and financial knowledge. Female students perceived a higher level of financial well-being and a lower level of financial knowledge and later age financial socialization. Marsland Press 2011 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/13783/1/Gender%20differences%20in%20financial%20well-being%2C%20financial%20socialization%20and%20financial%20knowledge%20among%20college%20students.pdf Falahati, Leila and Paim, Laily (2011) Gender differences in financial well-being, financial socialization and financial knowledge among college students. Life Science Journal, 8 (3). pp. 173-178. ISSN 1097-8135; ESSN: 2372-613X http://www.lifesciencesite.com/lsj/life0803/ 10.7537/marslsj080311.33
spellingShingle Falahati, Leila
Paim, Laily
Gender differences in financial well-being, financial socialization and financial knowledge among college students
title Gender differences in financial well-being, financial socialization and financial knowledge among college students
title_full Gender differences in financial well-being, financial socialization and financial knowledge among college students
title_fullStr Gender differences in financial well-being, financial socialization and financial knowledge among college students
title_full_unstemmed Gender differences in financial well-being, financial socialization and financial knowledge among college students
title_short Gender differences in financial well-being, financial socialization and financial knowledge among college students
title_sort gender differences in financial well being financial socialization and financial knowledge among college students
url http://psasir.upm.edu.my/id/eprint/13783/1/Gender%20differences%20in%20financial%20well-being%2C%20financial%20socialization%20and%20financial%20knowledge%20among%20college%20students.pdf
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