期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2018
卷号：8
期号：12
页码：2472-2477
DOI：10.6007/IJARBSS/v8-i12/5762
语种：English
出版社：Human Resource Management Academic Research Society
摘要：Financially educated society tend to make better financial decisions. Nevertheless, individuals are seldom having a perfect financial knowledge. Behavioral economics admitted that individuals are not always rational and emotions can always affect decision making. Thus objectives of this paper are to investigate the financial problems among the students as well as their financial management practices. This is because the ability to manage personal finances has become increasingly important in both university and college in preparing their students with good financial management. Data for this study was collected through a self-administered questionnaire and distributed through purposive judgmental sampling method. A total of 369 questionnaires were completed and been analyzed using SPSS. The finding from the study shows that the financial problem occurs due to the inability of students to increase income. As a student, they need to spend more time for their study instead of finding a way to increase income. The students were found have good financial management practice because they are avoiding overspending of their money. The result contributes to the university and particularly the academia to know the students’ financial management practice and financial problem to educate them in making a wise financial decision in future.
