Factors affecting the subjective financial well-being of emerging adults in Malaysia

Emerging adults in Malaysia are facing financial stress which can lead to a low subjective financial well-being. The subjective financial well-being is very personal and difference for each individual. The subjective financial well-being is usually lower for emerging adulthood because they are exper...

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Main Authors: Loh, Emily Li Yeng, Ean, Joanne Zi En, Kim, Hui May, Loo, Min Wen, Wong, Shin Yi
Format: Final Year Project / Dissertation / Thesis
Published: 2021
Subjects:
Online Access:http://eprints.utar.edu.my/4323/
http://eprints.utar.edu.my/4323/1/fyp_FN_2020_LELY_%2D_1806421.pdf
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author Loh, Emily Li Yeng
Ean, Joanne Zi En
Kim, Hui May
Loo, Min Wen
Wong, Shin Yi
author_facet Loh, Emily Li Yeng
Ean, Joanne Zi En
Kim, Hui May
Loo, Min Wen
Wong, Shin Yi
author_sort Loh, Emily Li Yeng
building UTAR Institutional Repository
collection Online Access
description Emerging adults in Malaysia are facing financial stress which can lead to a low subjective financial well-being. The subjective financial well-being is very personal and difference for each individual. The subjective financial well-being is usually lower for emerging adulthood because they are experiencing a change of life stage from dependent to independent. Many uncertainties make them worry about their financial conditions. The purpose of this research is to investigate the factors that affect subjective financial well-being of emerging adults in Malaysia. The independent variable including financial stress, financial attitude, internal locus of control and financial knowledge. In order to conduct informative research during this Covid-19 pandemic, questionnaire is constructed online through Google Form and distributed electronically to 364 emerging adults in Klang Valley. The data are then collected and reclassify in order for the analysis can be done. The analysis that done by using SPSS software including the consistency, significance and relationship between variables. The results from SPSS show financial stress, financial attitude and internal locus of control have a significant relationship with subjective financial well-being. However, financial knowledge shows an insignificant relationship on subjective financial well-being. The research findings contribute to academia, government and society.
first_indexed 2025-11-15T19:33:33Z
format Final Year Project / Dissertation / Thesis
id utar-4323
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:33:33Z
publishDate 2021
recordtype eprints
repository_type Digital Repository
spelling utar-43232022-02-21T14:25:44Z Factors affecting the subjective financial well-being of emerging adults in Malaysia Loh, Emily Li Yeng Ean, Joanne Zi En Kim, Hui May Loo, Min Wen Wong, Shin Yi HG Finance Emerging adults in Malaysia are facing financial stress which can lead to a low subjective financial well-being. The subjective financial well-being is very personal and difference for each individual. The subjective financial well-being is usually lower for emerging adulthood because they are experiencing a change of life stage from dependent to independent. Many uncertainties make them worry about their financial conditions. The purpose of this research is to investigate the factors that affect subjective financial well-being of emerging adults in Malaysia. The independent variable including financial stress, financial attitude, internal locus of control and financial knowledge. In order to conduct informative research during this Covid-19 pandemic, questionnaire is constructed online through Google Form and distributed electronically to 364 emerging adults in Klang Valley. The data are then collected and reclassify in order for the analysis can be done. The analysis that done by using SPSS software including the consistency, significance and relationship between variables. The results from SPSS show financial stress, financial attitude and internal locus of control have a significant relationship with subjective financial well-being. However, financial knowledge shows an insignificant relationship on subjective financial well-being. The research findings contribute to academia, government and society. 2021-09-02 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/4323/1/fyp_FN_2020_LELY_%2D_1806421.pdf Loh, Emily Li Yeng and Ean, Joanne Zi En and Kim, Hui May and Loo, Min Wen and Wong, Shin Yi (2021) Factors affecting the subjective financial well-being of emerging adults in Malaysia. Final Year Project, UTAR. http://eprints.utar.edu.my/4323/
spellingShingle HG Finance
Loh, Emily Li Yeng
Ean, Joanne Zi En
Kim, Hui May
Loo, Min Wen
Wong, Shin Yi
Factors affecting the subjective financial well-being of emerging adults in Malaysia
title Factors affecting the subjective financial well-being of emerging adults in Malaysia
title_full Factors affecting the subjective financial well-being of emerging adults in Malaysia
title_fullStr Factors affecting the subjective financial well-being of emerging adults in Malaysia
title_full_unstemmed Factors affecting the subjective financial well-being of emerging adults in Malaysia
title_short Factors affecting the subjective financial well-being of emerging adults in Malaysia
title_sort factors affecting the subjective financial well-being of emerging adults in malaysia
topic HG Finance
url http://eprints.utar.edu.my/4323/
http://eprints.utar.edu.my/4323/1/fyp_FN_2020_LELY_%2D_1806421.pdf