TY - GEN
T1 - Predicting Saving Intention and Behavior Among University Students Using Partial Least Square Structural Equation Modelling
AU - Rhu, Ng Xin
AU - Yian, Chong Tiang
AU - Zainol, Noor Raihani
AU - Abi, Tanvir
AU - Al Mamun, Abdullah
AU - Salameh, Anas A.
N1 - Publisher Copyright:
© 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2023
Y1 - 2023
N2 - In Malaysia, many university students have different views on saving management based on different factors. Therefore, this study aims to examine the intention and behaviours towards saving among Malaysian students. A cross-sectional design was adopted to collect quantitative data from 307 Malaysian students and universities in Klang Valley. Furthermore, the theory of planned behaviour (TPB) was applied, followed by an extension of TBP by embedding the constructs involved in the behaviour of saving. The results indicated that financial attitude, financial socialisation, financial capability, and self-control have a positive and significant effect on saving intention and behaviour among university students in Malaysia. However, financial education did not have a significant impact on saving intention and behaviour. Notably, the results offer a guideline to policymakers and awareness campaign to increase saving behaviour and financial management. The relevant agencies should focus on improving financial attitude, financial socialization, financial capability, financial education, and self-control towards saving intention and behaviour for their future planning in education and life.
AB - In Malaysia, many university students have different views on saving management based on different factors. Therefore, this study aims to examine the intention and behaviours towards saving among Malaysian students. A cross-sectional design was adopted to collect quantitative data from 307 Malaysian students and universities in Klang Valley. Furthermore, the theory of planned behaviour (TPB) was applied, followed by an extension of TBP by embedding the constructs involved in the behaviour of saving. The results indicated that financial attitude, financial socialisation, financial capability, and self-control have a positive and significant effect on saving intention and behaviour among university students in Malaysia. However, financial education did not have a significant impact on saving intention and behaviour. Notably, the results offer a guideline to policymakers and awareness campaign to increase saving behaviour and financial management. The relevant agencies should focus on improving financial attitude, financial socialization, financial capability, financial education, and self-control towards saving intention and behaviour for their future planning in education and life.
KW - Financial attitude
KW - Financial capability
KW - Financial education
KW - Financial socialisation
KW - Saving behaviour
KW - Self-control
KW - Theory of planned behaviour
UR - http://www.scopus.com/inward/record.url?scp=85135044201&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-08090-6_60
DO - 10.1007/978-3-031-08090-6_60
M3 - Conference contribution
AN - SCOPUS:85135044201
SN - 9783031080890
T3 - Lecture Notes in Networks and Systems
SP - 937
EP - 960
BT - Innovation of Businesses, and Digitalization during Covid-19 Pandemic - Proceedings of The International Conference on Business and Technology, ICBT 2021
A2 - Alareeni, Bahaaeddin
A2 - Hamdan, Allam
PB - Springer Science and Business Media Deutschland GmbH
T2 - International Conference on Business and Technology, ICBT 2021
Y2 - 6 November 2021 through 7 November 2021
ER -
