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Factors Affecting Personal Financial Management Behaviour among Youth in Malaysia

Author

Listed:
  • Aflah Isa

    (Faculty of Business and Management, Universiti Teknologi MARA, Cawangan Johor, Kampus Segamat Malaysia)

  • NurulAshikin Romli

    (Faculty of Business and Management, Universiti Teknologi MARA, Cawangan Johor, Kampus Segamat Malaysia)

  • Nur Hafizah Azizan

    (School of Information Science,College of Computing, Informatics and Mathematics, Cawangan Johor, Kampus Segamat Malaysia)

  • Siti Noorsiah Jamaludin

    (School of Information Science,College of Computing, Informatics and Mathematics, Cawangan Johor, Kampus Segamat Malaysia)

Abstract

This study aims at examining the factors affecting personal financial management behaviour among youth in Malaysia. Financial attitudes, financial knowledge and locus of control have been measured as the factors. This study is carried out through questionnaire distributed among youth in Malaysia and analysed using descriptive and analytical analysis. Data are collected througsh the distribution of questionnaires and related journals. The reason of this study is to find the lack of financial management of young people that lead them facing a financial problem and hardly practiced on managing the financial skills. Personal financial management is important for an individual especially among youth to ensure that they are having a good plan on budgeting, spending and saving. Last but not least, this research could be useful reference to the other research and helping on improvement of personal financial management behaviour especially among young people. Expected findings from this research conclude that financial attitudes and financial knowledge factors among youth are significant. However, locus of control is not significant related to personal financial management behaviour.

Suggested Citation

  • Aflah Isa & NurulAshikin Romli & Nur Hafizah Azizan & Siti Noorsiah Jamaludin, 2025. "Factors Affecting Personal Financial Management Behaviour among Youth in Malaysia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(3), pages 4348-4354, March.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-3:p:4348-4354
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    References listed on IDEAS

    as
    1. Neha Garg & Shveta Singh, 2018. "Financial literacy among youth," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 45(1), pages 173-186, January.
    2. Nyoman Trisna Herawati & I Made Candiasa & I Ketut Yadnyana & Naswan Suharsono, 2018. "Factors That Influence Financial Behavior Among Accounting Students in Bali," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 9(3), pages 30-38, May.
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