A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549)
The current study focuses on the behavioural ground to understand students’ subjective financial well-being. It posits the link of financial information, financial literacy, and financial behaviour in investigating how students use financial literacy to make financial decisions - financial behaviour...
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| Format: | Monograph |
| Language: | English |
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UUM
2021
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| Online Access: | https://repo.uum.edu.my/id/eprint/30134/1/14549.pdf |
| _version_ | 1825806125020217344 |
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| author | Low, Kah Choon |
| author_facet | Low, Kah Choon |
| author_sort | Low, Kah Choon |
| collection | UUM |
| description | The current study focuses on the behavioural ground to understand students’ subjective financial well-being. It posits the link of financial information, financial literacy, and financial behaviour in investigating how students use financial literacy to make financial decisions - financial behaviour that contributed to their subjective financial well-being. A sample of 354 university students was selected using the random sampling method, and 305 responses were useful. This study employed the PLS-SEM method to test the estimated model and found that (1) financial literacy positively related to financial behaviour; and (2) financial behaviour positively related to subjective financial well-being. Results indicated that financial behaviour mediates partially between the relationship of financial literacy and subjective financial well-being. This study advances the extant literature in explaining the link between financial literacy, financial behaviour, and subjective financial well-being. The findings provided insights for the researchers to clarify the financial literacy concept and differentiates financial literacy from financial behaviour. Moreover, the findings frame a holistic picture explaining the effects between financial literacy, financial decision behaviour, and to what extent this behaviour contributes to subjective financial well-being. |
| first_indexed | 2024-07-04T06:43:51Z |
| format | Monograph |
| id | uum-30134 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:43:51Z |
| publishDate | 2021 |
| publisher | UUM |
| record_format | eprints |
| spelling | uum-301342023-12-14T14:08:48Z https://repo.uum.edu.my/id/eprint/30134/ A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) Low, Kah Choon HM Sociology The current study focuses on the behavioural ground to understand students’ subjective financial well-being. It posits the link of financial information, financial literacy, and financial behaviour in investigating how students use financial literacy to make financial decisions - financial behaviour that contributed to their subjective financial well-being. A sample of 354 university students was selected using the random sampling method, and 305 responses were useful. This study employed the PLS-SEM method to test the estimated model and found that (1) financial literacy positively related to financial behaviour; and (2) financial behaviour positively related to subjective financial well-being. Results indicated that financial behaviour mediates partially between the relationship of financial literacy and subjective financial well-being. This study advances the extant literature in explaining the link between financial literacy, financial behaviour, and subjective financial well-being. The findings provided insights for the researchers to clarify the financial literacy concept and differentiates financial literacy from financial behaviour. Moreover, the findings frame a holistic picture explaining the effects between financial literacy, financial decision behaviour, and to what extent this behaviour contributes to subjective financial well-being. UUM 2021 Monograph NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/30134/1/14549.pdf Low, Kah Choon (2021) A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549). Project Report. UUM. (Submitted) |
| spellingShingle | HM Sociology Low, Kah Choon A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) |
| title | A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) |
| title_full | A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) |
| title_fullStr | A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) |
| title_full_unstemmed | A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) |
| title_short | A Study on Subjective Financial Well-Being Among Undergraduate Students in Universiti Utara Malaysia (S/O 14549) |
| title_sort | study on subjective financial well being among undergraduate students in universiti utara malaysia s o 14549 |
| topic | HM Sociology |
| url | https://repo.uum.edu.my/id/eprint/30134/1/14549.pdf |
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