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Journal articles on the topic 'Personal Financial Management Practices'
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Ansar, Rudy, Brahim Chekima, Suddin Lada, Ming Fook Lim, and Mohamed Bouteraa. "Determinants of personal financial management practices among Malaysian youth." Asian Economic and Financial Review 13, no. 12 (2023): 996–1007. http://dx.doi.org/10.55493/5002.v13i12.4931.
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This study examines the factors influencing personal financial management practices among Malaysian youths, with the moderating role of future orientation. This study used the theory of planned behavior as an underpinning theory to predict and understand the factors that influence personal financial management practices among Malaysian youth. The participants in the study are Malaysian individuals aged 15 to 40 years. A total of 119 valid questionnaires were collected and analyzed using structural equation modeling (SEM) with partial least squares (PLS). The data analysis findings revealed significant positive effects of financial attitude and financial literacy on the financial management practices among the Malaysian youth. Additionally, the results demonstrate that future orientation is a moderator, strengthening the associations between financial attitude, financial literacy, and personal financial management practices among young people. This study has two main implications. First, it provides valuable information for Malaysian government organizations and policymakers to develop successful plans for encouraging better financial management among young people. Furthermore, this study contributes to the extant literature on personal financial management practices by offering an alternative strategy to address the growing problem of bankruptcy among the Malaysian youth.
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Tejero, Elisa P., Leah Wilfreda RE Pilongo, and Francis T. Pamaran. "Financial Literacy in Relation to Financial Management." University of Bohol Multidisciplinary Research Journal 7, no. 1 (2019): 138–65. http://dx.doi.org/10.15631/ubmrj.v7i1.125.
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Financial literacy is the capacity to analyze financial options, plan for the future, and respond appropriately to events. This study intends to look into the association between financial literacy and financial management. The study utilized a quantitative approach employing a descriptive normative survey of a modified survey questionnaire on financial literacy and financial management. The respondents of the study were the participants of the annual national conference of the Grace Gospel Church of Christ, which was held in Iloilo City on April 22-27, 2019 with 250 adult respondents. The questionnaire on Financial Literacy and Management Practices was used to measure the financial literacy of individuals. The questionnaire considered the most critical personal finance factors in the measurement of the level of financial knowledge literacy and the financial decision-making on financial practices (Cronbach’s Alpha results of Financial Literacy of 0.929, Financial Management of 0.738). It was found that the Normality Test utilizing the Shapiro-Wilk yielded significant results in almost all items. Hence, non-parametric tests were used in the statistical runs. To ensure the “do-no-harm,” after complying with the consenting forms, the researchers submitted them to the Ethics Review Committee as an assurance that the researchers followed the ethics protocol. Financial Literacy and Management Practices significantly differ in each of the three groups in the congregation namely Leaders (t=11.567, exact sig=0.000), Non-Leaders between financial literacy and management practices by rank in the congregation (t=12.431, exact sig=0.000), and Members (t=23.930, exact sig=0.000). T-Test showed significant differences between the financial management practice on Personal/Family Budget and Financial Decision-Making.
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Wahyuni, Sri Fitri, Radiman Radiman, Jufrizen Jufrizen, Muhammad Shareza Hafiz, and Ade Gunawan. "Model Praktik Manajemen Keuangan Pribadi Berbasis Literasi Keuangan, Orientasi Masa Depan dan Kecerdasan Spiritual pada Generasi “Y” Di Kota Medan." Owner 6, no. 2 (2022): 1529–39. http://dx.doi.org/10.33395/owner.v6i2.780.
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Personal financial management practices are generally used by people for a process of dealing with their financial needs. Usually the practice of personal financial management is assessed through an attitude, character, and financial behavior of a person which includes the level of personal debt, assistance in the stock market, the ability to be effective in handling or increasing wealth, and the ability to calculate assets at a relatively low cost. This research has a specific objective, namely to study the factors that influence the Personal Financial Management Practices of Generation Y in Medan City and produce a Personal Financial Management Practice Model Based on Financial Literacy, Future Orientation and Spiritual Intelligence in Generation Y in Medan City. This research is a basic research (basic research). The population in this study were all students in some of the best private universities in North Sumatra. To determine the sample size, the use of Maximum Likelihood estimation in the Structural Equation Model (SEM) is 100-200 samples, so the researcher will take a sample of 100-200 respondents in order to fulfill one of the requirements of the data analysis method using SEM. Thus the sample of this study was taken as many as 150 students as research samples. The data analysis technique used in this research is by using Structural Equation Modeling (SEM) with the help of PLS. The results of the study indicate that future orientation has a negative and insignificant effect on personal financial management practices in Generation Y in Medan City. Financial literacy has a positive and significant effect on personal financial management practices in Generation Y in Medan City. Spiritual intelligence which moderates future orientation and financial literacy on personal financial management practices has a positive effect on future orientation, but has a negative effect on financial literacy and the two variables moderated by spiritual intelligence are not significant on personal financial management practices in Generation Y in Medan City .
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Ode, Haruni, Ahmad Junaidi, Sri Wahyuningsih, and Saparman Saparman. "Effect of Education Level, Personal Income, and Accessibility of Banking Services on Personal Financial Management among Working Women in West Java." West Science Business and Management 2, no. 02 (2024): 536–47. http://dx.doi.org/10.58812/wsbm.v2i02.984.
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This quantitative study examines the influence of education level, personal income, and accessibility of banking services on personal financial management practices among working women in West Java, Indonesia. Data were collected from a sample of 180 working women using structured questionnaires and analyzed using Structural Equation Modeling with Partial Least Squares (SEM-PLS) 3. The findings reveal significant positive relationships between education level, personal income, accessibility of banking services, and personal financial management practices. Moreover, banking services accessibility partially mediates the relationships between education level and personal financial management and between personal income and personal financial management. These results underscore the importance of financial literacy, economic empowerment, and access to formal financial services in fostering financial well-being among working women in West Java. The study contributes to a deeper understanding of the socio-economic factors influencing personal financial management and informs evidence-based interventions to promote financial inclusion and gender equity in the region.
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Dolorso, Kirsten Gale B. "FINANCIAL MANAGEMENT PRACTICES OF MICROENTERPRISES IN QUEZON CITY." International Journal of Multidisciplinary Educational Research and Innovation 1, no. 2 (2023): 22–41. https://doi.org/10.5281/zenodo.8019637.
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Most business in the Philippines is mostly in the microenterprise. Hence, this research was accomplished in order to assess the effectiveness of financial management practices of microenterprises in Quezon City. The city was selected as the locale of the research since there were various microenterprises built in this location. The respondents were classified according to the number of years in operation of their business, the number of employees, capitalization, and their source of funds. Additionally, the individual profile was also classified into their age, highest educational attainment, and the number of seminars or trainings related to their business that they had attended. The assessment was specified into aspects of financial planning, financial control, and cash management. The result shows that most businesses were newly established and only operating for zero (0) to two (2) years. The result also showed that most of the respondents only had a capitalization of PHP 100,000.00 and they were utilizing their personal savings as a source of funds. Most of them are aged from twenty-one (21) to thirty (30) years with no bachelor’s degrees. They only attended seminars and training less than three (3) times. The result of this study was beneficial to business owners, local government units, government, government agencies, banks, and other financial institutions, academe, and future researchers.
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Dolorso, Kirsten Gale B. "FINANCIAL MANAGEMENT PRACTICES OF MICROENTERPRISES IN QUEZON CITY." GUILD OF EDUCATORS IN TESOL INTERNATIONAL RESEARCH JOURNAL 1, no. 2 (2023): 22–41. https://doi.org/10.5281/zenodo.8030998.
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Most business in the Philippines is mostly in the microenterprise. Hence, this research was accomplished in order to assess the effectiveness of financial management practices of microenterprises in Quezon City. The city was selected as the locale of the research since there were various microenterprises built in this location. The respondents were classified according to the number of years in operation of their business, the number of employees, capitalization, and their source of funds. Additionally, the individual profile was also classified into their age, highest educational attainment, and the number of seminars or trainings related to their business that they had attended. The assessment was specified into aspects of financial planning, financial control, and cash management. The result shows that most businesses were newly established and only operating for zero (0) to two (2) years. The result also showed that most of the respondents only had a capitalization of PHP 100,000.00 and they were utilizing their personal savings as a source of funds. Most of them are aged from twenty-one (21) to thirty (30) years with no bachelor’s degrees. They only attended seminars and training less than three (3) times. The result of this study was beneficial to business owners, local government units, government, government agencies, banks, and other financial institutions, academe, and future researchers.
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Ardyansyah, Ahmad Fathoni, and Nur Khusniyah Indrawati. "Perception and Practices of Personal Financial Management among Generation Z in Indonesia." Journal Research of Social Science, Economics, and Management 3, no. 12 (2024): 2116–26. http://dx.doi.org/10.59141/jrssem.v3i12.687.
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Generation Z, born between 1995 and 2010, is notable for its proficiency with technology, social media presence, expressiveness, tolerance, and multitasking abilities. The advancement of technology, combined with these qualities, raises the possibility that Generation Z will have consumerist tendencies. This study aims to examine Generation Z's perceptions and practices of personal financial management in Indonesia. The research employs a qualitative approach with data collection through literature review. The Significance of Personal Financial Management, Building Economic Stability Through Financial Literacy are some of the major subjects that were investigated. The results revealed that by managing their finances, Generation Z may achieve their goals, protect themselves from uncertainty, and contribute significantly to society. Personal financial management is essential for ensuring financial security and personal well-being. Developing financial literacy in Generation Z is obviously vital to ensuring economic stability. Providing people with the knowledge and abilities to handle their money wisely helps to improve both their financial security and the overall stability of the economy. One of the primary responsibilities of the Indonesia Financial Services Authority, also known as Otoritas Jasa Keuangan, or OJK, is to promote financial literacy throughout the country. Financial literacy is critical for both individual financial well-being and economic stability.
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Siregar, Rini, and Selamat Poham. "MANAJEMEN KEUANGAN PRIBADI PADA SISWA MATTAYOM DI SEKOLAH SANGKOM ISLAM WITTAYA SCHOOL." Hijri 13, no. 1 (2024): 65. http://dx.doi.org/10.30821/hijri.v13i1.19717.
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This research aims to analyze the practices of personal financial management among Mattayom students at Sangkom Islam Wittaya School. The research employed survey and interview methods with Mattayom class students, along with qualitative analysis. Findings reveal that a significant number of Mattayom students have limited understanding of personal financial management. Despite receiving regular allowances, a lack of awareness regarding the importance of budgeting and saving makes them vulnerable to financial instability. Educational factors, spending patterns, and social influences also contribute to students' financial management practices. Therefore, this research recommends the development of an integrated financial education program within the school curriculum. It is expected to assist Mattayom students in enhancing their personal financial management skills and preparing them to face future financial challenges
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Siregar, Rini, and Selamat Poham. "Manajemen Keuangan Pribadi pada Siswa Mattayom di Sekolah Sangkom Islam Wittaya School." Progress: Jurnal Pendidikan, Akuntansi dan Keuangan 7, no. 1 (2024): 79–88. http://dx.doi.org/10.47080/progress.v7i2.3044.
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This research aims to analyze the practices of personal financial management among Mattayom students at Sangkom Islam Wittaya School. The research employed survey and interview methods with Mattayom class students, along with qualitative analysis. Findings reveal that a significant number of Mattayom students have limited understanding of personal financial management. Despite receiving regular allowances, a lack of awareness regarding the importance of budgeting and saving makes them vulnerable to financial instability. Educational factors, spending patterns, and social influences also contribute to students' financial management practices. Therefore, this research recommends the development of an integrated financial education program within the school curriculum. It is expected to assist Mattayom students in enhancing their personal financial management skills and preparing them to face future financial challenges.
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Prakoso, Teguh, and Rina Apriliani. "Budgeting and Saving Effectiveness as the Main Pillar of Sustainable Personal Financial Management." Indonesian Journal of Islamic Economics and Finance 4, no. 2 (2024): 257–72. https://doi.org/10.37680/ijief.v4i2.6187.
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Personal financial management is an important aspect of achieving financial stability and success. This research examines the importance of effective budgeting and saving practices as key components of personal financial management. The research shows that budgeting is important in personal financial management as it provides a clear framework for managing income and expenditure. By having a detailed budget, individuals can monitor their cash flow, ensure that they allocate funds to essential needs, and identify areas where spending can be reduced. Budgeting also helps set short-term and long-term goals, encouraging financial discipline and responsibility. Studies indicate that individuals who consistently follow a budget tend to have better financial health and are less trapped in debt. In addition to budgeting, effective saving practices are a key component of personal financial management. Saving is important to deal with financial emergencies and achieve future goals, such as home purchase, education, or retirement. Regularly setting aside a portion of income into savings can help individuals build financial reserves and reduce reliance on loans or credit. Studies have also found that saving regularly can increase financial well-being and reduce money-related stress. Therefore, effective budgeting and saving are two key pillars that complement each other in achieving sustainable personal financial stability.
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Flores, Christian Anthony. "Financial freedom of Filipinos in personal finance management." Financial freedom of Filipinos in personal finance management 4, no. 1 (2025): 108–16. https://doi.org/10.69651/pijhss040107.
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This study investigates the financial freedom of Filipinos through the lens of personal finance management, focusing on cash management, debt management, risk management, and wealth management. Utilizing data from 150 respondents across ten prominent corporations listed on the Philippine Stock Exchange Index, the research adopts a descriptive methodology and linear regression analysis to evaluate the impact of these financial dimensions on achieving financial independence. Findings reveal pervasive financial literacy challenges among Filipinos, rooted in cultural tendencies like the "come-what-may" attitude and a reliance on traditional saving methods. These behaviors often hinder effective budgeting, savings, and investment practices, resulting in low levels of emergency fund preparedness and high debt reliance. The study highlights the role of structured financial planning in enhancing wealth accumulation and mitigating financial stress, advocating for the adoption of comprehensive strategies that align with individual goals and risk tolerance. Furthermore, the research underscores the critical need for tailored financial education programs to foster a culture of financial discipline, particularly among working parents and young professionals. By addressing gaps in financial literacy and promoting awareness of modern financial instruments, the study aims to empower individuals to achieve sustainable financial well-being. This thesis contributes to the discourse on personal finance in the Philippines, offering actionable insights for policymakers, educators, and individuals. It emphasizes the transformative potential of financial literacy as a catalyst for economic stability and growth within households and the broader community.
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Mathew, Nikita. "The Impact of AI-Powered Chatbots on Personal Finance Management." International Journal for Research in Applied Science and Engineering Technology 13, no. 4 (2025): 5715–23. https://doi.org/10.22214/ijraset.2025.69664.
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Abstract: AI-powered chatbots have revolutionized personal finance management by offering interactive, user-friendly solutions for budgeting, investment planning, and financial decision-making. This paper explores the implications of AI chatbot adoption in personal finance, focusing on the opportunities and challenges it presents. Through a review of existing literature and case studies, we explore how AI-powered chatbots are transforming personal finance practices, enhancing user engagement, and providing tailored financial advice. We also address challenges such as user trust, data privacy, and the limitations of AI in understanding complex financial scenarios. Real-world examples highlight successful AI chatbot applications in personal finance, such as automated financial advice, expense tracking, and bill payments. Finally, we analyze the impact of AI-powered chatbots on financial outcomes and propose strategies for navigating this rapidly evolving landscape of personal finance management.
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Mwarangu, Fatuma, and Dominic Ngaba. "Job Experience and Personal Financial Management Among Finance Managers of Insurance Companies in Kenya." Journal of Finance and Accounting 2, no. 1 (2022): 1–9. http://dx.doi.org/10.70619/vol2iss1pp1-9.
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Personal finance management is important so that people can manage personal finances and make informed financial and economic decisions. People with weak personal financial abilities are vulnerable to financial stress, which can harm their physical and mental health. The purpose of this study was to establish the relationship between job experience and personal financial management among finance managers of insurance companies in Kenya. The study adopted a descriptive research design and targeted finance managers from 53 licensed insurance companies in Kenya. Data was collected using a questionnaire and analyzed using descriptive statistics and regression analysis. Results indicated that job experience explained 34.9 percent of variations in personal financial management. Further, the findings revealed a positive and significant relationship between job experience and personal financial management (β=0.076, p=.000). The study concluded that job experience had a positive and significant effect on the personal financial management of finance managers. The study recommended that employees should use their financial literacy knowledge and experience gained in the insurance sector to employ investment practices in their personal finances.
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Chhangte, Lalchhandama, and Dr K. Angela Lalhmingsangi. "Examining Financial Literacy and Financial Decision-Making: Insights from Service Sector Workers in Aizawl, Mizoram." Cuestiones de Fisioterapia 54, no. 3 (2025): 5302–13. https://doi.org/10.48047/yjaact69.
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This research examines the financial literacy and personal financial management practices of the service sector workers of Aizawl, Mizoram. The groups covered include government employees, private sector employees, small business owners and self-employed workers. A structured questionnaire which evaluates financial literacy and personal financial managementpractices, such as periodic savings, health and life insurance holding, and pension scheme enrolment was employed for collecting primary data.
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Cortez, Daren D. "PERSONAL FINANCIAL MANAGEMENT PRACTICES AMONG SELECTED PERSONNEL OF THE BUREAU OF THE TREASURY – CENTRAL OFFICE." GUILD OF EDUCATORS IN TESOL INTERNATIONAL RESEARCH JOURNAL 1, no. 2 (2023): 230–50. https://doi.org/10.5281/zenodo.8053932.
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The study aimed to determine the personal financial management practices among selected personnel of the Bureau of the Treasury – Central Office. It used the descriptive method of gathering data. The respondents of the study consisted of 183 personnel from 35 divisions of the Bureau and selected through simple random probability sampling technique. The study shown that most of the respondents aged 26 to 35 years old, female, single, bachelor’s degree holder, rank and file workers, permanent employees, have been in the agency for 5 years and below and with monthly compensation ranging from P15,001 - P30,000. In terms of financial planning, most of the respondents set their short- and long-term financial goals. In terms of money management, most of the respondents saved so that they do not need to borrow from others. In terms of income and asset protection, most of the respondents considered uncertainties for their future. And in terms of investments, most of the respondents purchased government securities. The researcher recommended to utilize various social media platforms as an avenue for financial planning, start considering the use of credit management in the acquisition of their needs, understand the need of acquiring non-life insurance and start familiarizing themselves in the concept of the derivatives market. Also, the Bureau of the Treasury should initiate seminars/webinars about how to start writing a financial plan, effective ways in managing finances, the vital role of insurance and estate planning, and possible ways in earning money when investing on securities and derivatives.
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Balathas, Mathursan. "Money Empire: Intelligent Assistant for Personal Finance Management." International Journal for Research in Applied Science and Engineering Technology 10, no. 11 (2022): 454–61. http://dx.doi.org/10.22214/ijraset.2022.47229.
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Abstract: Poverty, and debt are burning issues globally and especially in third-world nations such as Sri Lanka. The major contributing factor to poverty is poor personal financial planning resulting in being unable to make ends meet, forcing citizens to live mediocre lifestyles or even resort to debt or crime. Personal financial planning is one of the most crucial practices to overcome this situation namely: setting financial goals, tracking expenses, and meeting set budgets. In Sri Lanka, very few people keep track of their expenses, and a majority of those who do, follow manual methods which are error-prone and easily abandoned due to increased stress and complexity. This paper proposes a solution to automate the flow of personal finance management, requiring minimal effort from the user. The application detects SMS alerts received regarding Bank transactions and extracts transaction details. Users can easily upload their expense bills from which expense details will be fetched and processed. The app also allows users to split their bills with friends or family and track and settle their incoming and outgoing debts. Finally, the user can visualize their income and expense analysis at a glance and make better decisions to meet their financial objectives and all these features in one single application.
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Kori, Pavan, and Priyanka Nimore. "A Study of Risk Management in Finance Sector." International Journal of Advanced Multidisciplinary Research and Studies 4, no. 3 (2024): 1185–87. http://dx.doi.org/10.62225/2583049x.2024.4.3.2922.
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The research paper is based on risk management research. See financial sector. Analysis of risk management practices in the financial sector, I conducted personal interviews and discussions with financial institutions. He is an expert in various areas of the financial sector, including banking, capital markets and taxation. The focus of this article was to look at the importance of risk management. Environments, types and ways to reduce negative impacts.
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Dr. Shraddha Bhome and Jayshree Rao. "Wealth Creation and Management." International Research Journal on Advanced Engineering and Management (IRJAEM) 3, no. 05 (2025): 2105–7. https://doi.org/10.47392/irjaem.2025.0331.
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Wealth creation and management are the essential components to achieve financial security, financial independence, and generational prosperity. This paper explores the concepts, processes, and strategies that are associated with building and management of the wealth, highlighting both traditional practices and emerging trends. The Key areas emphasis on financial planning, investment strategies, risk management, and the impact of technology in personal finance. The study highlights the requirement of financial literacy and the growing relevance of fintech, behavioral finance along with environmental, social, and governance (ESG) investing. Furthermore, the paper integrates an analysis of key strategies and how they contribute to an individual’s financial or wealth-building efforts.
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Pelaelo, Chedza, and B. N. Swami. "Personal Finance Management Practices and the Financial Stability of Tertiary Level Student Community." Management Today 4, no. 1 (2014): 14–21. http://dx.doi.org/10.11127/gmt.2014.03.03.
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Kirui, Zacchaeus Cheruiyot, Eddie Simiyu, and Dominic Ngaba. "Personal Financial Management Practices and Demographic Factors on Financial Wellbeing of Medical Doctors Employed in Public Hospitals Nairobi County, Kenya." International Journal of Current Aspects in Finance, Banking and Accounting 3, no. 2 (2021): 30–50. http://dx.doi.org/10.35942/ijcfa.v3i2.193.
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Financial wellbeing is very important in both a personal and organizational level. Medical doctors are among the well-remunerated workers in Kenya. However, according to Kenya Medical Association 2017 financial information, it indicates that 70% of medical doctors employed under public hospitals in Nairobi City County Kenya are struggling financially. This study sought to determine the impact of financial knowledge on financial wellbeing of medical doctors employed in public hospitals Nairobi County, to determine the effect of demographic factors on financial wellbeing of medical doctors working in public hospitals Nairobi City County, to establish the effect of financial disposition and budgeting habits on financial wellbeing of medical doctors employed in public hospitals Nairobi County, to find out the effect of financial saving behavior on financial wellbeing of medical doctors employed in public hospitals Nairobi County and to define the moderating effect of economic condition on the association between personal financial management and financial wellbeing of medical doctors employed in public hospitals Nairobi County, Kenya. This study was anchored on Keynesian absolute income hypothesis, Prospect theory, Lifecycle savings theory, Permanent income hypothesis, Relative income hypothesis, and Savings and investment hypothesis. This study used descriptive research design and data was collected from a target population of 259 doctors employed by the Nairobi City County government. The Yamane formula was used to obtain the sample size. Primary information assembly was done utilizing a semi-structured survey provided to the specialists through dropping and picking later strategy. Descriptive statistics was used to analyze the gathered information; mean, mode, middle, standard deviation, tables, figures, rates, and frequencies. The relationship between the variables was established by the use of inferential statistics. The knowledge of financial products (b=.354, t = 5.429, P<0.05), financial disposition and budgetary habits (b=.117, t = 2.397, P=.018), and financial saving behavior (b=.110, t = 5.316, P<0.05) had a positive statistically significant association with financial well-being of doctors. A unit increase in personal financial management increased financial wellness by 0.104 (b= .104, t=5.089, P<0.01) and was not moderated by the economic condition of doctors statistically significantly, P=.811. This study concluded that personal financial management was a predictor for financial wellbeing of doctors employed in public hospitals Nairobi City County. Overall, as personal financial management increased, the financial wellbeing increased. The recommendation was that training programs on financial products and diversification of investments are needed for medical doctors at the County level, as a large proportion of medical doctors did not own financial products nor attended training on personal financial management.
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Wan Ismail, Wan Musyirah, Noorzalyla Mokhtar, Nor Maslia Rasli Samudin, Nurhafizah Mohd Zolkapli, and Noor Rafhati Romaiha. "Financially Vulnerable and Financial Management Among Fresh Graduates Entering the Workforce: Youth Bankruptcy Soars." International Journal of Research and Innovation in Social Science IX, no. V (2025): 4715–20. https://doi.org/10.47772/ijriss.2025.905000362.
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Fresh graduates face a crucial period of financial transition when entering the workforce. Often unprepared for the responsibilities that accompany financial independence, many struggle with debt, budgeting, and savings. This paper provides evidence of the young generation nowadays exposed to bankruptcy. This paper also explores common financial behaviors, challenges, and management strategies relevant to young professionals beginning their careers. It emphasizes the importance of early financial literacy, proposes effective personal finance techniques, and outlines the potential role of institutions in supporting young adults’ financial well-being. Recommendations include comprehensive budgeting practices, debt management, emergency savings, and educational interventions to build long-term financial stability.
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MV, Anumol, and Malavika S. "Exploring the Impact of Financial Literacy on Financial Satisfaction Among Youth: Mediating Role of Financial Behavior." ADHYAYAN: A JOURNAL OF MANAGEMENT SCIENCES 14, no. 01 (2024): 31–35. http://dx.doi.org/10.21567/adhyayan.v14i1.06.
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Analyzing the financial habits of youth has become a substantial topic of interest in recent years. This research examines the association between financial literacy, behavior, and satisfaction among youth. The knowledge, skills, and attitudes essential to making choices related to financial matters form financial literacy. Financial behavior encompasses spending habits, saving practices, and debt management. Financial satisfaction represents how content a person feels about their present financial situation. The research investigates how financial literacy levels influence financial behaviors and how these behaviors, in turn, affect financial satisfaction. The study aims to identify how awareness and literacy on personal financial management can influence financial satisfaction among youth.
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Sharma, Dr Divya, and Mr Adarsh Kumar. "The Impact of Emotional Factors on Household Financial Decision-Making: An Exploratory study." International Scientific Journal of Engineering and Management 04, no. 03 (2025): 1–7. https://doi.org/10.55041/isjem02497.
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This exploratory study investigates the role of emotions in the personal finance decisions of households. Personal finance management is often perceived as a rational process; however, emotional factors can significantly influence financial behaviours. The study explores how emotions such as fear, anxiety, happiness, and excitement shape the financial choices of households, affecting budgeting, saving, investing, and debt management. Through qualitative interviews and surveys, the research identifies emotional triggers that impact decision-making and financial well-being. The findings highlight the complex interplay between emotion and financial behavior, emphasizing the need for more emotion-aware financial education and policymaking. The study contributes to a deeper understanding of how emotions influence household financial practices, offering insights into the importance of addressing emotional factors in personal finance strategies. Keywords: Emotions Factors, Personal Finance, Household Financial Decisions, Financial Decision Making, Emotional Triggers, Budgeting, Saving, Investing, Financial Education, Financial Well-being.
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Memon, Asst. Prof. Maqsood Hanif, and Ms. Babali Manoj Singh. "A Study on Personal Financial Management of Working Professionals in Palghar." International Journal of Advance and Applied Research 6, no. 25(A) (2025): 84–89. https://doi.org/10.5281/zenodo.15300714.
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<strong>Abstract: </strong> <strong>Purpose: </strong>To investigate the financial habits, challenges, and goals of working professionals in Palghar, India. The study explores the demographic characteristics, financial behaviour, and attitudes of working professionals in Palghar, with a view to identifying the key factors that influence their financial management practices. <strong>Design/Methodology/Approach:</strong> Quantitative data was collected through Structured Surveys from 100 working professionals from Palghar through Google Forms. Simple Random Sampling Technique has been adopted for the collection of data. Secondary data was collected from websites and research papers. The data was analyzed using Simple Percentage Analysis. <strong>Findings: </strong>The study reveals that working professionals in Palghar face several challenges in managing their finances, including a lack of financial knowledge and skills, insufficient income or savings, and limited access to financial resources or services. The study's findings also underscore the importance of addressing broader structural and systemic barriers to financial stability. <strong>Research Limitations: </strong>The main limitation of this paper is that the study is conducted regarding Personal Financial Management of working professionals in Palghar only. <strong>Research Implications:</strong> This study contributes to the existing literature on personal financial management and provides valuable insights into the financial habits, challenges, and goals of working professionals in Palghar. The study's findings and recommendations can be used to develop strategies to improve the financial well-being of working professionals in Palghar and other regions. <strong>Paper Type: Research Paper</strong>
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Ubag, Gerald T. "THE EXTENT OF PERSONAL FINANCIAL MANAGEMENT PRACTICES OF PUBLIC AND PRIVATE HIGH SCHOOL TEACHERS IN BACONG." Ignatian International Journal for Multidisciplinary Research 2, no. 11 (2024): 502–12. https://doi.org/10.5281/zenodo.14203627.
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This study aims to assess the financial practices of public and private high school teachers to gain insight about their financial behaviors. A descriptive research method was employed, involving 64 participants in Bacong. A tailored questionnaire was used that covered various financial aspects such as savings, spending, borrowing, and retirement planning. Data from the questionnaire were analyzed using descriptive statistics. The results show that both public and private high school teachers engage in financial management, but differences exist. Private school teachers regularly save, while public school teachers prioritize saving for emergencies. In terms of spending, private school teachers focus on bill payments, while public school teachers aim to pay off debts promptly. Additionally, private school teachers are less inclined to take out loans for vehicles or properties compared to their public-school counterparts. Overall, both groups demonstrate similar approaches to financial management. Conclusions and recommendations are provided.
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Shah, Pragnesh B., Nidhi U. Argade, and Manisha Vijay Pawar. "Enhancing Financial Literacy: Optimising Investment Behaviour and Patterns." Journal of Commerce and Accounting Research 14, no. 3 (2025): 21–30. https://doi.org/10.21863/jcar/2025.14.3.003.
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Budgeting, investing, and personal financial management are financial skills that can be effectively understood and practiced with financial literacy. The study investigates the link between Financial Literacy (FL) and investment patterns, focusing on how the understanding of respondent’s financial management affects their investment decisions. Conducted in Gujarat using primary data collected through a carefully designed questionnaire and convenience sampling, the research explores the impact of respondents’ FL on their investment patterns and decision-making practices. The findings reveal a significant correlation between FL and investment behaviour. Higher FL is associated with more informed investment choices and more strategic investment patterns. This underscores the importance of financial education in shaping how people manage their investments. The results have important implications for both governmental and private finance institutions. They highlight the need for targeted FL programs and seminars aimed at improving individuals’ understanding of financial management. By fostering greater financial literacy, these programs can help individuals make better investment decisions, enhance their financial stability, and contribute to a more robust financial system. The study’s insights can guide the development of effective educational initiatives and support policies that promote better financial practices among the general population.
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Yoerdan, Gebrilla, Hafiz Rahman, and Fajri Adrianto. "Explorative Study of Financial Management in Criminal Entrepreneurship Business Practices." Paradoks : Jurnal Ilmu Ekonomi 8, no. 3 (2025): 487–99. https://doi.org/10.57178/paradoks.v8i3.1402.
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This study aims to explore the financial management strategies employed by inmates involved in drug trafficking at Padang Class IIA Correctional Facility, focusing on how these individuals manage financial operations within a controlled and restrictive environment through organized, covert practices. Using an exploratory qualitative approach, the study involved in-depth interviews with five selected inmates who were directly involved in prison-based drug networks. Participants were chosen through purposive sampling based on criteria relevant to their involvement in narcotics-related business activities. Data were analyzed using thematic analysis supported by NVivo 12 Plus software to identify emerging financial patterns and strategies. The findings reveal that inmates maintain liquidity and conceal the origins of drug-related funds through various tactics, such as supporting legal employment as a cover and placing assets under third-party names. Entry into the drug business did not require personal financial capital; instead, trust and reputation served as key currencies within the network. These financial strategies closely resemble those used in legitimate business enterprises but are adapted to the prison context. This study contributes to the academic discourse on criminal entrepreneurship and suggests practical implications for enhancing financial surveillance and security protocols within correctional institutions. Future research should include broader samples and examine the role of external actors such as family members or prison staff.
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Alwi, Fachri, Lidya Agustina, Meythi Meythi, and Riki Martusa. "Literasi Pengelolaan Keuangan Pribadi bagi Masyarakat Desa Jati Endah." Jurnal ABDINUS : Jurnal Pengabdian Nusantara 9, no. 2 (2025): 471–83. https://doi.org/10.29407/ja.v9i2.24710.
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The problem encountered in the Jati Endah Village community is the low level of financial management literacy which is indicated by the lack of public understanding regarding personal financial management. This community service activity aims to improve public understanding regarding personal financial management so that people are able to manage their finances optimally. The method of activity carried out is community service in the form of coaching including material presentation accompanied by financial management practices. The results of the community service show an increase in public understanding regarding how to manage personal finances and finances in the business being run. The community also understands the concepts and accounting equations in financial reports which are useful in future financial planning. This activity received a positive response and high enthusiasm from the participants so that it was considered to provide a positive contribution to the community. With the coaching activities carried out, it is hoped that the community can effectively manage their personal finances, be able to plan business development and achieve economic independence in a sustainable manner.
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Gurrea, Jun Rill B., and Buenaventurada D. Libot. "Emotional Intelligence in Relation to Financial Literacy and Management Among Public Elementary and Secondary Teachers Of Talibon Ii District, Bohol." ACADEME University of Bohol, Graduate School and Professional Studies 18, no. 1 (2021): 52–74. http://dx.doi.org/10.15631/aubgsps.v18i1.161.
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Emotional intelligence is a contributory factor to the teachers' financial literacy and financial management level. This recent study aimed to determine the relationship between the teachers' level of emotional intelligence and their financial literacy and financial management. The study utilized a quantitative approach employing a descriptive normative survey of a standard tool of Emotional Intelligence by Daniel Goleman and a modified questionnaire of financial literacy and financial management practices. The first tool assessed the respondents' level of emotional intelligence and the modified survey questionnaire measured the respondents' level of financial literacy and financial management. The random sampling technique was used in the data-gathering, which comprised a total of 222 respondents. There were 99 public elementary and 123 public secondary teachers in Talibon II District, Bohol. The researcher underwent the review procedures of the Research Ethics Committee before the distribution of the questionnaire that enforced the do-no-harm clause. The questionnaire considered the most critical personal finance factors in measuring financial knowledge literacy and the financial decision-making on financial practices (Cronbach's Alpha results of Financial Literacy of 0.929, Financial Management of 0.738). It was found that the Normality Test utilizing the Shapiro-Wilk yielded significant results in all the items. Hence, non-parametric tests were used in the statistical runs. There is a significant correlation between the teachers' level of emotional intelligence and financial literacy, emotional intelligence and financial management, and financial literacy and financial management. T-Test showed substantial differences between the financial management practice on Personal/ Family Budget and Financial Decision-Making.
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Rosid, Abdul, Retno Sundari, Hady Sofyan, and Hartoto Hartoto. "Financial Health Management and Its Impact on Company Employee Welfare: Case Study in the Manufacturing Industry." International Journal of Economics (IJEC) 3, no. 2 (2024): 1326–32. http://dx.doi.org/10.55299/ijec.v3i2.1108.
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This study explores the relationship between financial health management and employee well-being in the petrochemical and chemical industries. Using a case study method and a mixed-methods approach, the study analyzes how effective financial management affects various aspects of employee well-being, including job satisfaction, mental health, and personal financial stability. Quantitative data were obtained from a survey measuring the relationship between financial management practices and employee well-being, while qualitative data were obtained through in-depth interviews with financial managers, HR managers, and employees. The findings indicate that companies with good financial management tend to have more satisfied, mentally healthy, and financially stable employees. In addition, transparent and participatory financial management improves corporate culture and the relationship between management and employees. This study emphasizes the importance of integrating good financial practices and employee well-being policies in creating a productive and harmonious work environment.
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Darmawan, Dhany Isnaeni, Yoga Adiyanto, Deni Sunaryo, and Ahmad Firdaus. "Financial Management Strategies for Improving The Performance of Small and Medium Enterprises: A Case Study of Traditional Indonesian Food Outlets." Ilomata International Journal of Management 6, no. 1 (2024): 174–97. https://doi.org/10.61194/ijjm.v6i1.1444.
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This study seeks to examine the impact of financial management on enhancing the performance of Micro, Small, and Medium Enterprises (MSMEs), particularly in traditional Indonesian food outlets. Data were gathered through direct observation of these MSMEs using primary sources. The research adopts an action research approach with a case study method. Data collection techniques included interviews, observations, and documentation. The analysis used Multiple Linear Regression, Classical Assumption Testing, and Hypothesis Testing with SPSS software. The findings reveal that financial planning, financial record-keeping, and the separation of personal and business finances have a significant and positive effect on the performance of MSMEs. The R-Square (R²) value of 0.825 indicates that these independent variables can explain 82.5% of MSME performance variation, while the remaining 17.5% is attributed to other factors not explored in this study. The practical implications of this research suggest that traditional Indonesian food MSMEs should emphasize structured financial planning, accurate financial record-keeping, and precise separation of personal and business finances. These practices will enable MSMEs to assess their performance better and make informed business decisions. The study recommends that MSMEs adopt sound financial planning practices, maintain precise financial records, and consistently separate personal from business finances. By doing so, MSMEs can improve their financial management, enhancing business performance and sustainability.
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Alqatamin, Rateb Mohammmad, Zakaria Ali Aribi, and Thankom Arun. "The effect of the CEO’s characteristics on EM: evidence from Jordan." International Journal of Accounting & Information Management 25, no. 3 (2017): 356–75. http://dx.doi.org/10.1108/ijaim-10-2016-0099.
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Purpose This study aims to examine the effect of CEO’s personal characteristics on earnings management (EM) practices. Design/methodology/approach The authors use panel data for 201 non-financial companies listed on the Amman Stock Exchange (ASE) for the period 2008-2013. The authors use random effect models to test the hypothesis of this study and extent the analysis to family versus non-family. Findings The study finds a positive relation between CEO’s overconfidence and EM practices in Jordan. Moreover, the findings reveal that managers in family companies are more likely to engage in EM practices than non-family companies. The findings shed more light on the intricate relationship between CEO’s characteristics, the decision-making process and financial reporting. Practical implications Results of this study could be beneficial for a number of users of financial information such as investors, auditors, regulators, lenders, as well other players in the capital market to make right decisions. Originality/value A literature review finds that much less studies have investigated the relationship between EM practices and personal CEO characteristics (gender and overconfidence) in developing countries such as Jordan. Furthermore, no study yet has examined the influence of CEO age on EM practices. The authors extend previous literature by providing empirical evidence about effect of some personal CEO’s characteristics on EM practices.
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SORIANO, NEZER A. "KNOWLEDGE, ATTITUDE, AND PRACTICES ON FINANCIAL MANAGEMENT OF MEDICAL PRACTITIONERS OF ISABELA." International Journal of Education and Social Science Research 08, no. 02 (2025): 438–52. https://doi.org/10.37500/ijessr.2025.8230.
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This study examines the levels of financial knowledge, attitudes, and practices (KAP) among Family Medicine practitioners in the Province of Isabela, Philippines. Financial literacy remains a neglected component in medical training despite the critical role it plays in ensuring the long-term financial health of doctors. This study used a descriptive cross-sectional design, and distributed a validated questionnaire among active members of the Philippine Academy of Family Physicians (PAFPIsabela), with 17 respondents completing the survey. Demographic analysis showed the majority of participants were female, middle-aged, married, from average-income backgrounds, and with no formal education in finance or business. Survey results revealed a generally “low” level of financial knowledge (mean score: 1.74, “Don’t Know”), suggesting limited understanding of core financial concepts. Attitudes toward financial management were “neutral” (mean score: 3.22), indicating uncertainty or lack of conviction. The financial practices of the respondents showed “average” performance in cash and general management but reported minimal engagement in credit and retirement planning. These findings underscore the urgent need for targeted financial education and intervention programs tailored to medical professionals especially those in the rural settings. Enhancing financial literacy among physicians may contribute to more sustainable personal economic outcomes and aligns with global Sustainable Development Goals (SDGs 4 and 8). The study calls for the integration of financial management modules in medical education and continued professional development.
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Astuti, Hartiningsih, Moehadi Moehadi, Dimas Surya Atmaja, and Siti Ayu Ulandari. "Sikap Keuangan,Lingkungan Kampus Dan Literasi Keuangan Terhadap Manajemen Keuangan Pribadi Mahasiswa." EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi 4, no. 1 (2024): 708–19. http://dx.doi.org/10.56799/ekoma.v4i1.5886.
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The aim of this research is to find out how students' personal financial management is influenced by financial attitudes, university environment, and financial literacy. To achieve financial security in the future, students must practice effective money management. When assessing and responding to financial management techniques, a person's psychological tendencies are reflected in their financial outlook. Financial management practices among students are also influenced by the intellectual, social and physical components of campus life. Having a solid understanding of finances allows a person to make informed judgments about money. This research analyzes data collected from Bojonegoro University students using multiple linear regression techniques. Research findings show that although financial literacy has different influences, financial attitudes and the campus environment have a large influence on students' personal financial management. These results provide important information to academic institutions and other relevant stakeholders to create policies and initiatives that aid the acquisition of money management skills by students. It is believed this research will help students become more financially secure and better prepared to face financial difficulties in the future.
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Oztekin, Asil, Dursun Delen, Halil Zaim, Ali Turkyilmaz, and Selim Zaim. "The Influence of Knowledge Management on Financial and Non-Financial Performance." Journal of Information & Knowledge Management 14, no. 02 (2015): 1550013. http://dx.doi.org/10.1142/s0219649215500136.
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The primary aim of this study is to determine critical factors of knowledge management (KM) and to measure their effect on organisational performance. The design of the study is based on a survey composed of questions related to the KM processes. Following refinement and retesting the initial questionnaire development, the final questionnaire was subjected to 83 managers from various ranks based on personal interviews. The variance-based structural equation modelling reveals that there is a strong positive relationship between KM implementation and non-financial performance, while there is no significant influence of KM implementation on financial performance. With only a mediating effect of non-financial performance, the KM implementation has a strong positive impact on financial performance. This study presents uniqueness in that it is the first and foremost one that analyses effects of KM practices on financial performance both directly and indirectly via the mediating effect of non-financial performance factors.
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Muhammad Syahrul Hidayat, Ahmad Munir Hamid, and Syuhada'. "Assistance and Optimization of Personal Financial Management for Santripreneur in Islamic Campus Environment." Sahwahita: Community Engagement Journal 2, no. 2 (2025): 66–78. https://doi.org/10.69965/sahwahita.v2i2.140.
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Weak personal financial management among santripreneurs remains a significant barrier to the sustainable growth of their businesses, particularly within Islamic educational institutions. This study aims to evaluate the effectiveness of a structured mentoring program in enhancing personal financial literacy and management practices among santripreneurs in the Islamic campus environment of Lamongan Regency, Indonesia. Employing a Participatory Action Research (PAR) approach, the program was implemented through four integrated stages: initial needs assessment, action planning, intervention execution, and reflective evaluation. A total of 40 participants were involved over a three-month period. The intervention consisted of training modules on financial record-keeping, budgeting, and the application of Islamic financial instruments. The findings revealed that 85% of participants successfully implemented the separation of personal and business finances, while 24.43% experienced an increase in business turnover. Furthermore, the utilization of Islamic financial services increased from 30% to 65% of participants. The reflective evaluation phase indicated a significant behavioral shift toward financial discipline, especially in cash flow monitoring and capital allocation. This study contributes to the literature on Islamic entrepreneurship by demonstrating the practical impact of financial mentoring in faith-based business environments and highlights the potential for replication in other Islamic boarding school settings.
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Mae M. Manuel, Cherrie. "Employees’ Financial Management Practices of A Private University In The New Normal." International Journal of Business and Management 6, no. 6 (2022): 26–33. http://dx.doi.org/10.26666/rmp.ijbm.2022.6.4.
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Good financial management practices of employees are very vital for the growth and performance of every organization. This study determines how the employees in a private university manage their resources during this time of the pandemic. The study employs total enumeration having teaching employees as the respondents. Using a survey questionnaire, the researcher looked into their reasons and practices for saving, investing, and availing of credit in the new normal, as well as the impact of the pandemic on their behavior. Results showed that the majority of the respondents have enough income. In terms of the employees’ reasons, most respondents strongly agree that they save and invest for emergencies and retirement, while agreed that they avail of credit due to sudden expenses and unpaid bills or loans. Moreover, they have often practiced saving in the new normal, while sometimes practicing investment and credit. The pandemic also greatly impacted the way they save, while investment and credit have very little impact. Hence, these conclude that due to the adverse effect of the COVID-19 pandemic, the respondents became conscious of the importance of contingency funds wherein a personal financial plan is needed to ensure their financial security in the long run.
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Borres, Isaias L. "Financial Management Practices and Coping Strategies among Senior High School Teachers in Camanava: Financial Literacy Framework." East African Scholars Journal of Economics, Business and Management 6, no. 06 (2023): 91–103. http://dx.doi.org/10.36349/easjebm.2023.v06i06.001.
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It is essential to be financially literate in order to live a wealthy life. Every income level is predicted to see a rise in standard of life with adequate financial management, which must be accompanied by strong financial literacy; nevertheless, for those with high incomes, achieving financial stability would have been challenging without proper financial management. Utilizing a descriptive- correlational research designs, this study aimed to assess the financial management practices and coping strategies among Senior High School Teachers among CAMANAVA and developed a Financial Literacy Framework. Specifically, it sought to determine the profile of the Senior High School Teachers’ financial management practices and coping strategies during the course of financial issue. Further, the study also aimed to develop a financial literacy framework as an output for this study. The study comprised 150 Senior High School Teachers as the respondents in in this research undertaking at CAMANAVA. Findings of the study revealed that with respect to respondents’ background characteristics, majority were between 21-45 years old, female, married and have less than five years of service with ongoing master’s degree. In terms of saving, budgeting, and spending are high, however in terms of investing and debt management, they are low with regards to the assessment of financial management practices. Taking from savings, reducing unnecessary expenses and budgeting are the most common practices by the respondents when faced with financial distress except debt management and investing. It is recommended that teachers should prepare their individual personal financial vision to guide them on the spending and debt management; that stress intervention be implemented, since teachers have overwhelming stress in their financial well-being; they should start putting up business of their own for another source of income. A single employment cannot be sustained for urgent demands; teachers ......
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Isa, Aflah, Nurul Ashikin Romli, Nur Hafizah Azizan, and Siti Noorsiah Jamaludin. "Factors Affecting Personal Financial Management Behaviour among Youth in Malaysia." International Journal of Research and Innovation in Social Science IX, no. III (2025): 4348–54. https://doi.org/10.47772/ijriss.2025.90300348.
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This study aims at examining the factors affecting personal financial management behaviour among youth in Malaysia. Financial attitudes, financial knowledge and locus of control have been measured as the factors. This study is carried out through questionnaire distributed among youth in Malaysia and analysed using descriptive and analytical analysis. Data are collected througsh the distribution of questionnaires and related journals. The reason of this study is to find the lack of financial management of young people that lead them facing a financial problem and hardly practiced on managing the financial skills. Personal financial management is important for an individual especially among youth to ensure that they are having a good plan on budgeting, spending and saving. Last but not least, this research could be useful reference to the other research and helping on improvement of personal financial management behaviour especially among young people. Expected findings from this research conclude that financial attitudes and financial knowledge factors among youth are significant. However, locus of control is not significant related to personal financial management behaviour.
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Contreras, Rosario Clarabel C., Elias Olapane, Magdalena P. Cataluňa, and Liela C. Buenviaje. "Financial Management Capabilities Among Personnel in a State University in The Philippines." Journal of Economics, Finance and Accounting Studies 3, no. 2 (2021): 158–68. http://dx.doi.org/10.32996/jefas.2021.3.2.16.
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Financial management is a key factor in achieving financial autonomy. Like other employees overseas, Filipino employees too are facing financial inadequacy, in one way or another. Thus, this descriptive study was conducted to assess the financial management of the personnel in the West Visayas State University Calinog Campus, Iloilo, Philippines. Using the duly validated and pilot-tested questionnaire, this study examined the three (3) aspects of financial management, namely: financial literacy; financial attitude; and financial management practices. It revealed that the respondents have an average level of financial literacy indicating that employees already possess knowledge in handling personal finances. The financial attitude of the respondents is relatively practical spenders as evident in "comparing prices when shopping for purchases" and "spending less than income". As to financial management practices, most of the respondents put money in the bank in order to cope with the growing expenses of the respondents' children's education. At some point, some employees venture into investments such as livestock and business. Financial management program may be conducted to improve the economic and financial stability of the employees. Emphasis may center on budgeting, expenditure, and saving mechanisms to achieve financial literacy.
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Lucero, Angelina, Prince Edrin Dalde, Angel Evangelista, et al. "Budgeting Practices of Financial Management Students of Tarlac Agricultural University." Business Fora: Business and Allied Industries International Journal 2, no. 1 (2024): 34–46. http://dx.doi.org/10.62718/vmca.bf-baiij.2.1.sc-0524-017.
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University students need to master budgeting or the act of allocating money to help them make better financial decisions in the future. Being aware of the budgeting practices of university students is essential in order to be enlightened. Thus, allowing rooms for improvement to develop their budgeting skills. This study aims to shed light on the budgeting practices of the financial management major students in terms of their spending and saving habits as well as their financial problems and solutions. The sample composed of 104 Financial Management majors who were in their first, second, or third-year college standing. This undertaking utilized a quantitative descriptive method as research design. Through an online survey questionnaire, the desired data was gathered. The researchers were able to derive valuable information from the respondents to fulfill the research objectives by using frequency, rankings, and mode. Most of the respondents were at the age of 20 years old who are in the third year of Financial Management course in Tarlac Agricultural University. They receive a monthly allowance amounting to Php 1,001- 2000 (18USD-36USD). Findings revealed that most of the students can sometimes save money in a piggy bank or wallet; always save money for personal interests; rarely give their saved money to people that are close to them; and always save money for emergency purposes. In terms of the students’ spending habits, the students consider the necessity, prices, and benefits of the products before purchasing, such as basic necessities, for their leisure activities, as well as their miscellaneous expenses. Additionally, results also showed that the main problems encountered by the students when budgeting are being indecisive in finance and having a lack of knowledge about the 50/30/20 budget rule. To solve these problems, students mainly direct their efforts toward becoming smart consumers. This information gathered through the conduct of this study helped the researchers develop a budget plan for the students to improve their budgeting practices.
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Raja, Nabeel-Ud-Din Jalal, Zeb Naveeda, Anas Khan Hammad, and Fayyaz Um-ERoman. "Earnings Management In Terms Of Islam: A Literature Analysis." International Journal of Management Sciences and Business Research 5, no. 2 (2016): 11–17. https://doi.org/10.5281/zenodo.3463883.
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the main purpose of this study is to examine earning management practices in context of literature evidences in Islam. The data is collected from prime source of Islam & the past studies. Literature analysis depicted that earning management is a falsehood based, deceptive practice which is unethical and it is prohibited in Islam to practice such sort of tactics for personal benefits. This study will help the researchers, Islamic business bodies and other stakeholders to understand the earning management in terms of Islam Also it will help in creating trust between the financial reports stakeholders and the organization. The Literature analysis depicts that earning management can be beneficial to an organization in some cases but in majority cases it is a deceptive strategy to avoid tax, paying off of more dividend which is forbidden according to Islamic ideology of Financial and economic practices. Also under ethical approach this sort of practices is totally unacceptable and strict action should be taken to eliminate such practices.
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Lira Mareta Ramadhani and Aris Eddy Sarwono. "Pengaruh Literasi Keuangan, Bunga Harian, dan Pencatatan Transaksi Digital Terhadap Pengelolaan Keuangan Pribadi Mahasiswa (Studi Kasus pada Pengguna SeaBank)." Jurnal Publikasi Ekonomi dan Akuntansi 5, no. 2 (2025): 223–32. https://doi.org/10.51903/jupea.v5i2.3972.
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This research explores the impact of financial literacy, daily interest rates, and digital transaction tracking on university students’ personal financial management, specifically among SeaBank users. The study is motivated by the growing reliance on digital banking among students, which does not always translate to sound financial practices. Employing a quantitative method with a correlational design, the research involved 100 students from the Faculty of Economics and Business, Slamet Riyadi University Surakarta, selected through purposive sampling. Data were obtained via a structured questionnaire and analyzed using multiple linear regression. The findings reveal that each independent variable—financial literacy, daily interest, and digital transaction recording—exerts a significant and positive effect on students' personal financial management, both individually and collectively. These results emphasize the value of financial education and the effective use of digital banking features in fostering responsible financial behavior among students.
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Boediman, Alfred, Eko Susanto, Kurnia Fajar Afgani, and Raden Aswin Rahadi. "Financial Management Behavior of Micro-Businesses in Tourism Destinations: A Qualitative Study." Journal of Tourism, Hospitality and Travel Management 2, no. 1 (2025): 1–13. https://doi.org/10.58229/jthtm.v2i1.300.
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This study explores the financial management behavior of micro-businesses in tourism destinations across West Java, Indonesia. Using a qualitative descriptive approach, data were collected through in-depth interviews and observations of eight micro-entrepreneurs operating in Pangandaran, Lembang, Ciwidey, Ciletuh Geopark, and Puncak. The findings reveal that financial management practices are predominantly informal, with minimal record-keeping, mixing personal and business finances, and reliance on daily cash flow. Low financial literacy, seasonal income fluctuations, and psychological biases such as loss aversion and overconfidence shape these behaviors. Micro-businesses tend to avoid formal financial institutions due to perceived complexity, fear of debt, and limited understanding of financial products, leading to a preference for informal financing sources. The study highlights that these factors weaken financial resilience and hinder business sustainability. Furthermore, limited financial literacy interventions have had minimal impact on changing financial behavior. The research recommends tailored financial literacy programs and access to simplified formal financial services to strengthen micro-business resilience. Addressing knowledge gaps and behavioral tendencies is essential to enhancing financial management practices and supporting micro-enterprises sustainable growth within West Java’s tourism sector.
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Sudarmini, Ketut, Ni Ketut Sariani, and Nengah Ganawati. "The Role of Financial Literacy, Income Level, and Lifestyle in Shaping Financial Management of Millennial Employees in Denpasar City." East Asian Journal of Multidisciplinary Research 3, no. 9 (2024): 4223–34. http://dx.doi.org/10.55927/eajmr.v3i9.11376.
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This study examined the influence of financial literacy, income level, and lifestyle on the financial management practices of millennial employees in Denpasar City. Financial management referred to the efficient handling of finances, while financial control involved evaluating whether financial management aligned with the budgeted plans. Millennial employees faced challenges such as limited financial resources and rising living costs, highlighting the need for strong personal financial management skills. The study aimed to address issues like impulsive spending and poor financial planning among millennials. Data were gathered from 75 respondents through a validated and reliable Likert scale questionnaire, selected via incidental sampling. Descriptive analysis provided a profile of the respondents, which served as a foundation for further statistical analysis using multiple linear regression.
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Huang, Dong. "International Comparison and Lessons for Developing the Personal Credit Market." Proceedings of Business and Economic Studies 7, no. 6 (2024): 166–69. https://doi.org/10.26689/pbes.v7i6.9127.
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The rapid development of the global personal credit market has been driven by diversification and technological innovation, both of which serve as key catalysts for industry transformation. This paper conducts a comparative analysis of international personal credit markets to examine successful practices and challenges in credit products, credit assessment, and risk management across various countries. In particular, advancements in financial technology, including big data and artificial intelligence, have created new opportunities for enhancing the accessibility and personalization of credit services. Nevertheless, China’s personal credit market continues to face significant challenges, such as an underdeveloped credit infrastructure, outdated financial regulations, and limited product innovation. Drawing insights from international experiences, China can enhance its credit evaluation systems, strengthen financial regulations, and foster innovation in financial technology to facilitate healthy market development and advance inclusive finance.
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Bichkar, Dr.Nishigandha N. "Financial Literacy of Undergraduate Students among Karad Taluka." International Journal of Advance and Applied Research 6, no. 25(B) (2025): 193–99. https://doi.org/10.5281/zenodo.15315889.
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<strong>Abstract:</strong> Financial literacy is a critical skill that enables individuals to make informed decisions regarding money management, savings, investments, and budgeting. This study focuses on assessing the level of financial literacy among undergraduate students in Karad Taluka, Maharashtra. It evaluates their understanding of financial concepts, decision-making behaviors, and the influence of socioeconomic and demographic factors on their financial practices. The research reveals that while most students have basic knowledge of saving practices, their understanding of advanced financial concepts, such as investments and risk management, is limited. Socioeconomic factors like family income, parental education, and access to financial resources significantly impact their financial literacy levels. The study identifies a need for structured financial education programs to enhance students' preparedness for real-world financial challenges. By addressing gaps in financial knowledge and offering tailored educational interventions, this research underscores the importance of fostering financial awareness among young adults, thereby contributing to their long-term personal and economic well-being.
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Wahyuni, Sri Fitri, Radiman Radiman, and Ariska Ayu Nanda. "The Effect of Love of Money, Peer Group and Financial Literacy on Personal Financial Management in Management Study Program Students, Faculty of Economics and Business, Universitas Muhammadiyah Sumatera Utara." Journal of International Conference Proceedings 6, no. 3 (2023): 231–44. http://dx.doi.org/10.32535/jicp.v6i3.2564.
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This study aims to examine the influence of love of money, peer groups, and financial literacy on the personal financial management of students enrolled in the Management Study Program at Muhammadiyah University, North Sumatra. This study employed survey research methods to collect data. Participants are chosen based on specific demographic criteria. This study employs a quantitative and correlational methodology, with data being gathered via questionnaires. The Slovin algorithm was utilized to select the sample. This research utilizes various statistical tests, including the classical assumption test, multiple linear regression, T test, F test, and coefficient of determination. The data was analyzed using SPSS 25. This study demonstrates that individuals who possess a strong desire for wealth experience positive outcomes in terms of their personal financial management. This study examines the impact of peer groups on individuals’ financial management practices. A significant and meaningful correlation was discovered. The findings indicate a significant and positive correlation between the variables.
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Kasongo, Ruth, and Marvin Kabubi. "Analyzing the Effectiveness of Business Management Practices Utilized in SMEs: Case Study of Selected Automotive Mechanics in Lusaka." International Journal of Advanced Multidisciplinary Research and Studies 5, no. 2 (2025): 17–23. https://doi.org/10.62225/2583049x.2025.5.2.3805.
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This study focuses on analyzing the effectiveness of various business management practices utilized in indigenous SMEs within the context of selected automotive mechanics in Lusaka district. The research objectives focused on investigating the impact of capital financial sources, evaluating marketing management techniques, and assessing the effect of financial management practices on the performance and growth of automotive mechanics. Data was collected through questionnaires administered to 50 respondents from various selected companies in Lusaka Zambia which included business owners, managers, employees, and industry experts. Findings were presented using frequency tables and pie charts. The study revealed that a significant majority of respondents recognized the positive influence of capital financing on business performance. Diverse capital sources, such as bank loans, personal savings, and venture capital, exhibited varying impacts, emphasizing the multifaceted nature of financial decision-making. Moreover, the study underscored the importance of marketing management techniques for business growth. Digital platforms, particularly social media and email marketing were identified as key drivers of growth. Furthermore, the findings emphasized the crucial role of budgeting in financial management. Challenges in financial resource management included cash flow management, capital budgeting decisions, and debt management. The study recommended tailored strategies to address these challenges effectively. In conclusion, the study's outcomes provide valuable insights into the intricacies of business management practices and their impact on business growth and performance. The study's recommendations offer guidance to businesses, entrepreneurs, and policymakers on optimizing their practices for sustained growth and success.
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Jedeot, Anskarina, Fitriana Santi, Cindy Getah Trisna June, and Ary Yunita Anggraeni. "Integrasi akuntansi sebagai pondasi keuangan dalam manajemen kas usaha mikro." Jurnal Ilmiah Bisnis dan Perpajakan (Bijak) 7, no. 1 (2025): 20–27. https://doi.org/10.26905/j.bijak.v7i1.15088.
Full textAbstract:
This study explores the awareness of Micro, Small, and Medium Enterprises (MSMEs) regarding the importance of financial record-keeping and identifies the factors influencing such practices. Despite being a vital sector in Indonesia's economy, many MSME owners lack proper financial management skills, hindering business optimization and complicating access to formal financing. Using a qualitative method with a case study approach, data were collected through in-depth interviews with MSME owners from various sectors and direct observations of their financial management practices. Thematic analysis was employed to understand their awareness, experiences, and challenges in financial record-keeping. The findings show that financial record-keeping awareness remains low due to limited financial literacy, misconceptions that records are only needed for large businesses, and resource constraints such as time and knowledge. Additionally, mixing personal and business finances is a common issue, making it difficult to monitor cash flow and profits accurately. This study recommends targeted financial literacy programs for MSMEs and the development of simple, accessible financial recording tools. These efforts are expected to enhance MSME owners’ financial management capabilities, contributing to improved business sustainability.