An analysis of the factors affecting the saving habits of university preparatory students / Siti Khadijah Omar … [et al.]

• Main Authors: Omar, Siti Khadijah, Mokhtar, Marziah, Arshad, Azlin Shafinaz, Bakri, Adlan Ahmad, Wan Chek, Wan Ahmad Khusiari, Nik Jaafar, Nik Fazlin Hiryati, Husin, Azira
• Format: Article
• Language: English
• Published: 2018
• Online Access: https://ir.uitm.edu.my/id/eprint/66185/1/66185.pdf; https://ir.uitm.edu.my/id/eprint/66185/; https://aej.uitm.edu.my/

Financial management, parental socialization, peer influence and self-control have been acknowledged as determinants of saving behaviour. The aim of this paper is to explore the saving behaviours among students who had just entered their pre-university studies. A stratified random sampling was adopted, and survey questionnaires were distributed to students at the Centre of Foundation studies, Universiti Teknologi MARA, Dengkil Campus. A total of 193 students returned the survey resulting in a response rate of 78.33%. The study reveals that all four determinants of saving behaviours have a significant relationship with saving behaviour where three determinants; financial management, parental socialization and peer influence demonstrated a positive relationship while self-control showed a negative relationship.