Malaysian youth financial behaviour: A study in Kota Damansara

Malaysia is a developed country with successful achievement in economy and social over the last five decades. However, there is a gap between the country performance, government efforts and its youth financial behaviours. Prior to this study, previous studies found that youth in Malaysia was reporte...

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Main Author: Azlinah, Matrashid
Format: Thesis
Language:eng
eng
Published: 2017
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Online Access:https://etd.uum.edu.my/7555/1/s816223_01.pdf
https://etd.uum.edu.my/7555/2/s816223_02.pdf
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id my-uum-etd.7555
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Murugiah, Logasvathi
topic HG Finance
spellingShingle HG Finance
Azlinah, Matrashid
Malaysian youth financial behaviour: A study in Kota Damansara
description Malaysia is a developed country with successful achievement in economy and social over the last five decades. However, there is a gap between the country performance, government efforts and its youth financial behaviours. Prior to this study, previous studies found that youth in Malaysia was reportedly had poor financial practices and behaviours. Hence, the objectives of this study are to investigate, examine, and identify the factors that influence financial behaviour among youth in Malaysia. Questionnaires were distributed to 400 respondents in Kota Damansara, Selangor, Malaysia in 2016. The respondents are ranging between the age of 15 to 40 years old. The finding of this study shows that age and income are two factors that significant with financial behaviours among youth in Malaysia, especially in Kota Damansara area. Youth within the age of 15 to 24 years old are found to be naive about financial education and financial knowledge, causing them to behave poorly financially. The finding also shows that youth with lower income has better financial behaviour compared to youth with higher income. Therefore, several strategies had been identified and suggested in this study to improve financial behaviours among youth especially within the age of 15 to 24 years old and earning high income. These strategies are hoped to improve financial behaviour among youth in Malaysia especially in Kota Damansara.
format Thesis
qualification_name other
qualification_level Master's degree
author Azlinah, Matrashid
author_facet Azlinah, Matrashid
author_sort Azlinah, Matrashid
title Malaysian youth financial behaviour: A study in Kota Damansara
title_short Malaysian youth financial behaviour: A study in Kota Damansara
title_full Malaysian youth financial behaviour: A study in Kota Damansara
title_fullStr Malaysian youth financial behaviour: A study in Kota Damansara
title_full_unstemmed Malaysian youth financial behaviour: A study in Kota Damansara
title_sort malaysian youth financial behaviour: a study in kota damansara
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2017
url https://etd.uum.edu.my/7555/1/s816223_01.pdf
https://etd.uum.edu.my/7555/2/s816223_02.pdf
_version_ 1747828233499312128
spelling my-uum-etd.75552021-05-02T03:09:28Z Malaysian youth financial behaviour: A study in Kota Damansara 2017 Azlinah, Matrashid Murugiah, Logasvathi Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance Malaysia is a developed country with successful achievement in economy and social over the last five decades. However, there is a gap between the country performance, government efforts and its youth financial behaviours. Prior to this study, previous studies found that youth in Malaysia was reportedly had poor financial practices and behaviours. Hence, the objectives of this study are to investigate, examine, and identify the factors that influence financial behaviour among youth in Malaysia. Questionnaires were distributed to 400 respondents in Kota Damansara, Selangor, Malaysia in 2016. The respondents are ranging between the age of 15 to 40 years old. The finding of this study shows that age and income are two factors that significant with financial behaviours among youth in Malaysia, especially in Kota Damansara area. Youth within the age of 15 to 24 years old are found to be naive about financial education and financial knowledge, causing them to behave poorly financially. The finding also shows that youth with lower income has better financial behaviour compared to youth with higher income. Therefore, several strategies had been identified and suggested in this study to improve financial behaviours among youth especially within the age of 15 to 24 years old and earning high income. These strategies are hoped to improve financial behaviour among youth in Malaysia especially in Kota Damansara. 2017 Thesis https://etd.uum.edu.my/7555/ https://etd.uum.edu.my/7555/1/s816223_01.pdf text eng public https://etd.uum.edu.my/7555/2/s816223_02.pdf text eng public other masters Universiti Utara Malaysia Achtziger, A., Hubert, M., Kenning, P., Raab, G., & Reisch, L. (2015). Debt out of control: The links between self-control, compulsive buying, and real debts. Journal of Economic Psychology, 49, 141-149. Ahmad, Z., Simun, M., & Masuod, M. S. (2010). Determinants of Financial Behaviours among Malaysians. Indonesian Capital Market Review, II(2): 121–132. Ahmed, Z. U., Ismail, I., Sadiq Sohail, M., Tabsh, I., & Alias, H. (2010). Malaysian consumers' credit card usage behavior. Asia Pacific Journal of Marketing and Logistics, 22(4), 528-544. Alam, S. S., Rahim, R. A., Haq, M. R., & Khan, M. A. R (2014). What Influence Credit Card Debts In Young Consumers In Malaysia. 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