Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.]
In microeconomic perspective, financial security is often linked with the individual level of saving, the ability to meet the emergency, an adequate fund during retirement and the stability of income. Current macro economic volatility caused several consequences and indirectly affect on consumer sav...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA Selangor
2017
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| Online Access: | https://ir.uitm.edu.my/id/eprint/32222/ |
| _version_ | 1848807967631081472 |
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| author | Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahim, Husniyah Osman, Syuhaily |
| author_facet | Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahim, Husniyah Osman, Syuhaily |
| author_sort | Ahmad, Siti Yuliandi |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | In microeconomic perspective, financial security is often linked with the individual level of saving, the ability to meet the emergency, an adequate fund during retirement and the stability of income. Current macro economic volatility caused several consequences and indirectly affect on consumer saving and spending. Additionally, with a higher cost of living influenced consumers consumption especially among female-headed households with a number of dependents and dual domestic/work roles. This study investigates the relationships between financial strains, selfcoping mechanisms, financial literacy, financial practices and financial security. A cross-sectional study of multistage random sampling has been used in the data collection. A structured questionnaire used in the survey method to collect data from 521 female-headed households from six single mothers associations in Malaysia. The results predicted that financial strains, self-coping mechanisms, financial literacy and financial practices explained 42.3% of the variance in financial security. The two strongest predictors are the self-coping mechanisms and financial practices. The implications of findings for policy makers, single mothers associations and financial practitioners were discussed. |
| first_indexed | 2025-11-14T22:51:14Z |
| format | Article |
| id | uitm-32222 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:51:14Z |
| publishDate | 2017 |
| publisher | Universiti Teknologi MARA Selangor |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-322222020-07-14T04:45:21Z https://ir.uitm.edu.my/id/eprint/32222/ Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] jeeir Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahim, Husniyah Osman, Syuhaily Personal finance. Financial literacy In microeconomic perspective, financial security is often linked with the individual level of saving, the ability to meet the emergency, an adequate fund during retirement and the stability of income. Current macro economic volatility caused several consequences and indirectly affect on consumer saving and spending. Additionally, with a higher cost of living influenced consumers consumption especially among female-headed households with a number of dependents and dual domestic/work roles. This study investigates the relationships between financial strains, selfcoping mechanisms, financial literacy, financial practices and financial security. A cross-sectional study of multistage random sampling has been used in the data collection. A structured questionnaire used in the survey method to collect data from 521 female-headed households from six single mothers associations in Malaysia. The results predicted that financial strains, self-coping mechanisms, financial literacy and financial practices explained 42.3% of the variance in financial security. The two strongest predictors are the self-coping mechanisms and financial practices. The implications of findings for policy makers, single mothers associations and financial practitioners were discussed. Universiti Teknologi MARA Selangor 2017-01 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32222/1/AJ_SITI%20YULIANDI%20AHMAD%20JEEIR%20B%2017.pdf Ahmad, Siti Yuliandi and Sabri, Mohamad Fazli and Abd Rahim, Husniyah and Osman, Syuhaily (2017) Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.]. (2017) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29.html>, 5 (1). pp. 1-14. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/ |
| spellingShingle | Personal finance. Financial literacy Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahim, Husniyah Osman, Syuhaily Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] |
| title | Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] |
| title_full | Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] |
| title_fullStr | Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] |
| title_full_unstemmed | Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] |
| title_short | Factors predicting financial security of female headed households / Siti Yuliandi Ahmad … [et al.] |
| title_sort | factors predicting financial security of female headed households / siti yuliandi ahmad … [et al.] |
| topic | Personal finance. Financial literacy |
| url | https://ir.uitm.edu.my/id/eprint/32222/ https://ir.uitm.edu.my/id/eprint/32222/ |