How financially literate is today's youth?
The current study investigated the level of financial literacy of youth in Malaysia. Quantitative questionnaires were used to test the financial literacy by examining the financial knowledge, practices and attitudes towards money, money management and entrepreneurship of youth in Malaysia. A sample...
| Main Authors: | , |
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| Format: | Article |
| Language: | English English English |
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Asian Economic and Social Society
2017
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| Online Access: | http://psasir.upm.edu.my/id/eprint/62044/ http://psasir.upm.edu.my/id/eprint/62044/1/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf http://psasir.upm.edu.my/id/eprint/62044/2/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf http://psasir.upm.edu.my/id/eprint/62044/3/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf |
| _version_ | 1848854546800967680 |
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| author | Sabri, Mohamad Fazli Lee, May Poh |
| author_facet | Sabri, Mohamad Fazli Lee, May Poh |
| author_sort | Sabri, Mohamad Fazli |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The current study investigated the level of financial literacy of youth in Malaysia. Quantitative questionnaires were used to test the financial literacy by examining the financial knowledge, practices and attitudes towards money, money management and entrepreneurship of youth in Malaysia. A sample consisting of 220 secondary school students from five schools in Kuala Lumpur, Malaysia had participated in the study. Cross tabulation was used to understand the background of respondents better which included the gender (male and female) and the ethnic group (Malay, Chinese and Indian) of the youth. The findings indicated that male youths are better-informed on financial management and money matters compared to the females. From the survey, Indians have lower level of financial related knowledge compared to other ethnic groups. In addition, both genders had revealed that they have positive attitudes and good practices money matters. These findings contributed to the development of financial empowerment program of youth in Malaysia. The study provides awareness to the public regarding the importance of financial planning in the present and the future as well. |
| first_indexed | 2025-11-15T11:11:36Z |
| format | Article |
| id | upm-62044 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English English |
| last_indexed | 2025-11-15T11:11:36Z |
| publishDate | 2017 |
| publisher | Asian Economic and Social Society |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-620442019-03-20T07:04:55Z http://psasir.upm.edu.my/id/eprint/62044/ How financially literate is today's youth? Sabri, Mohamad Fazli Lee, May Poh The current study investigated the level of financial literacy of youth in Malaysia. Quantitative questionnaires were used to test the financial literacy by examining the financial knowledge, practices and attitudes towards money, money management and entrepreneurship of youth in Malaysia. A sample consisting of 220 secondary school students from five schools in Kuala Lumpur, Malaysia had participated in the study. Cross tabulation was used to understand the background of respondents better which included the gender (male and female) and the ethnic group (Malay, Chinese and Indian) of the youth. The findings indicated that male youths are better-informed on financial management and money matters compared to the females. From the survey, Indians have lower level of financial related knowledge compared to other ethnic groups. In addition, both genders had revealed that they have positive attitudes and good practices money matters. These findings contributed to the development of financial empowerment program of youth in Malaysia. The study provides awareness to the public regarding the importance of financial planning in the present and the future as well. Asian Economic and Social Society 2017 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/62044/1/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf text en http://psasir.upm.edu.my/id/eprint/62044/2/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf text en http://psasir.upm.edu.my/id/eprint/62044/3/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf Sabri, Mohamad Fazli and Lee, May Poh (2017) How financially literate is today's youth? International Journal of Asian Social Science, 7 (10). 810- 824. ISSN 2226-5139; ESSN: 2224-4441 http://www.aessweb.com/journals/October2017/5007/3909 10.18488/journal.1.2017.710.803.817 |
| spellingShingle | Sabri, Mohamad Fazli Lee, May Poh How financially literate is today's youth? |
| title | How financially literate is today's youth? |
| title_full | How financially literate is today's youth? |
| title_fullStr | How financially literate is today's youth? |
| title_full_unstemmed | How financially literate is today's youth? |
| title_short | How financially literate is today's youth? |
| title_sort | how financially literate is today's youth? |
| url | http://psasir.upm.edu.my/id/eprint/62044/ http://psasir.upm.edu.my/id/eprint/62044/ http://psasir.upm.edu.my/id/eprint/62044/ http://psasir.upm.edu.my/id/eprint/62044/1/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf http://psasir.upm.edu.my/id/eprint/62044/2/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf http://psasir.upm.edu.my/id/eprint/62044/3/How%20financially%20literate%20is%20today%E2%80%99s%20youth.pdf |