A Study of Personal Financial Planning Among Young Adults

The purpose of this study is to gauge the level of understanding on financial education and the importance of financial planning among young adults. For the purpose of this study five items under financial planning were being examined which are saving management,credit management, insurance planning...

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Main Author: Mazlifah , Mubarak Ali
Format: Thesis
Language:eng
eng
Published: 2011
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Online Access:https://etd.uum.edu.my/3090/1/MAZLIFAH_MUBARAK_ALI.pdf
https://etd.uum.edu.my/3090/2/1.MAZLIFAH_MUBARAK_ALI.pdf
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id my-uum-etd.3090
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Muhamad, Barudin
topic HG Finance
spellingShingle HG Finance
Mazlifah , Mubarak Ali
A Study of Personal Financial Planning Among Young Adults
description The purpose of this study is to gauge the level of understanding on financial education and the importance of financial planning among young adults. For the purpose of this study five items under financial planning were being examined which are saving management,credit management, insurance planning,investment planning and retirement planning. Data were collected through questionnaires distributed among young adults. Results showed that the majority level of understanding on financial education is low.The highest knowledge level is only average. Further result showed that,majority of the young adults cannot differentiate the importance of financial planning under the 4 categories of financial planning except for retirement planning.This is proven via answers given in the retirement planning category.Last but not least,the results also showed that demographic profile such as gender,age, marital status, number of dependents, education level, working sector and monthly income is the secondary influence in determining the level of importance in financial planning.
format Thesis
qualification_name masters
qualification_level Master's degree
author Mazlifah , Mubarak Ali
author_facet Mazlifah , Mubarak Ali
author_sort Mazlifah , Mubarak Ali
title A Study of Personal Financial Planning Among Young Adults
title_short A Study of Personal Financial Planning Among Young Adults
title_full A Study of Personal Financial Planning Among Young Adults
title_fullStr A Study of Personal Financial Planning Among Young Adults
title_full_unstemmed A Study of Personal Financial Planning Among Young Adults
title_sort study of personal financial planning among young adults
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2011
url https://etd.uum.edu.my/3090/1/MAZLIFAH_MUBARAK_ALI.pdf
https://etd.uum.edu.my/3090/2/1.MAZLIFAH_MUBARAK_ALI.pdf
_version_ 1783729366933438464
spelling my-uum-etd.30902023-10-30T07:32:24Z A Study of Personal Financial Planning Among Young Adults 2011-12 Mazlifah , Mubarak Ali Muhamad, Barudin Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The purpose of this study is to gauge the level of understanding on financial education and the importance of financial planning among young adults. For the purpose of this study five items under financial planning were being examined which are saving management,credit management, insurance planning,investment planning and retirement planning. Data were collected through questionnaires distributed among young adults. Results showed that the majority level of understanding on financial education is low.The highest knowledge level is only average. Further result showed that,majority of the young adults cannot differentiate the importance of financial planning under the 4 categories of financial planning except for retirement planning.This is proven via answers given in the retirement planning category.Last but not least,the results also showed that demographic profile such as gender,age, marital status, number of dependents, education level, working sector and monthly income is the secondary influence in determining the level of importance in financial planning. 2011-12 Thesis https://etd.uum.edu.my/3090/ https://etd.uum.edu.my/3090/1/MAZLIFAH_MUBARAK_ALI.pdf text eng public https://etd.uum.edu.my/3090/2/1.MAZLIFAH_MUBARAK_ALI.pdf text eng public masters masters Universiti Utara Malaysia Aghion,P.M.Braun and J.Fedderke,(2006).Competition and productivity growth in South Africa Center for International Development at Harvard University. 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