NEWS analysis towards youth financial competency management
This is a descriptive study of the financial management competency of rural youth. Around 200 youths from areas of Parit Raja, Batu Pahat Johor participated as respondents for this study. Lack of knowledge in managing finances and imbalance in mitigating lifestyles are chief factors which caused you...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Science Publishing Corporation (SPC)
2018
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| Online Access: | http://eprints.uthm.edu.my/5846/ http://eprints.uthm.edu.my/5846/1/AJ%202018%20%28609%29.pdf |
| _version_ | 1848888649880436736 |
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| author | Isa, Khairunesa Ahmad, Abd. Rahman Md. Yusoff, Rosman Ani, Fauziah Isa, Fadzlunesa |
| author_facet | Isa, Khairunesa Ahmad, Abd. Rahman Md. Yusoff, Rosman Ani, Fauziah Isa, Fadzlunesa |
| author_sort | Isa, Khairunesa |
| building | UTHM Institutional Repository |
| collection | Online Access |
| description | This is a descriptive study of the financial management competency of rural youth. Around 200 youths from areas of Parit Raja, Batu Pahat Johor participated as respondents for this study. Lack of knowledge in managing finances and imbalance in mitigating lifestyles are chief factors which caused youth to be within the highest group declared bancrupt in 2014. 36 items in the survey was ued as intrument for this study which are respondents’ background, spending pattern based on NEWS Analysis, competeny level in financial management and challenges faced in managing finances. Results yielded showed that expenditure pattern for youth in ‘needs’ are significantly higher than those in ‘wants’. Eventhough the ratio is rather small which is 1:30, the level of competency of youth finance is rather high at the value of min 4.04. Nevertheless, the challenges faced by respondents are at an average level (min=3.14). In conclusion, rural youths has high level of literacy. This is due to the exposure obtained when they were young and spending pattern based on NEWS Analysis. Hence, even though youth faced obstacles they are nevertheless aware and know the steps which need to be taken to ensure the stability of their finances. |
| first_indexed | 2025-11-15T20:13:39Z |
| format | Article |
| id | uthm-5846 |
| institution | Universiti Tun Hussein Onn Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:13:39Z |
| publishDate | 2018 |
| publisher | Science Publishing Corporation (SPC) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uthm-58462022-01-24T03:32:14Z http://eprints.uthm.edu.my/5846/ NEWS analysis towards youth financial competency management Isa, Khairunesa Ahmad, Abd. Rahman Md. Yusoff, Rosman Ani, Fauziah Isa, Fadzlunesa HG4001-4285 Finance management. Business finance. Corporation finance HJ2005-2216 Income and expenditure. Budget This is a descriptive study of the financial management competency of rural youth. Around 200 youths from areas of Parit Raja, Batu Pahat Johor participated as respondents for this study. Lack of knowledge in managing finances and imbalance in mitigating lifestyles are chief factors which caused youth to be within the highest group declared bancrupt in 2014. 36 items in the survey was ued as intrument for this study which are respondents’ background, spending pattern based on NEWS Analysis, competeny level in financial management and challenges faced in managing finances. Results yielded showed that expenditure pattern for youth in ‘needs’ are significantly higher than those in ‘wants’. Eventhough the ratio is rather small which is 1:30, the level of competency of youth finance is rather high at the value of min 4.04. Nevertheless, the challenges faced by respondents are at an average level (min=3.14). In conclusion, rural youths has high level of literacy. This is due to the exposure obtained when they were young and spending pattern based on NEWS Analysis. Hence, even though youth faced obstacles they are nevertheless aware and know the steps which need to be taken to ensure the stability of their finances. Science Publishing Corporation (SPC) 2018 Article PeerReviewed text en http://eprints.uthm.edu.my/5846/1/AJ%202018%20%28609%29.pdf Isa, Khairunesa and Ahmad, Abd. Rahman and Md. Yusoff, Rosman and Ani, Fauziah and Isa, Fadzlunesa (2018) NEWS analysis towards youth financial competency management. International Journal of Engineering & Technology, 7 (2.29). pp. 1151-1154. ISSN 0222-7524 http://dx.doi.org/10.14419/ijet.v7i2.29.15146 |
| spellingShingle | HG4001-4285 Finance management. Business finance. Corporation finance HJ2005-2216 Income and expenditure. Budget Isa, Khairunesa Ahmad, Abd. Rahman Md. Yusoff, Rosman Ani, Fauziah Isa, Fadzlunesa NEWS analysis towards youth financial competency management |
| title | NEWS analysis towards youth financial competency management |
| title_full | NEWS analysis towards youth financial competency management |
| title_fullStr | NEWS analysis towards youth financial competency management |
| title_full_unstemmed | NEWS analysis towards youth financial competency management |
| title_short | NEWS analysis towards youth financial competency management |
| title_sort | news analysis towards youth financial competency management |
| topic | HG4001-4285 Finance management. Business finance. Corporation finance HJ2005-2216 Income and expenditure. Budget |
| url | http://eprints.uthm.edu.my/5846/ http://eprints.uthm.edu.my/5846/ http://eprints.uthm.edu.my/5846/1/AJ%202018%20%28609%29.pdf |