The Psychological Factors Affecting Personal Financial Management Behavior among Young Adults

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dc.contributor.authorREGMI, ASHOK
dc.date.accessioned2022-06-23T09:32:42Z
dc.date.available2022-06-23T09:32:42Z
dc.date.issued2022-06
dc.descriptionPersonal financial management behavior is a major concern since empirical research has shown that it is associated with favorable life outcomes, whereas failing to manage personal finance has a negative outcome. As a result, it is vital to research and determine the psychological factors underlying this behavior. Understanding and being aware of such aspects may assist people in making more responsible and prudent financial decisions.en_US
dc.description.abstractThe purpose of personal financial management is to manage finance for prosperity. As per Joo (2008) Personal financial conduct that is efficient is linked to financial well-being while failing to manage personal resources can have serious long-term implications. Therefore, there becomes a great need for adequate financial management behavior and to identify the factors affecting them to avoid bankruptcy and chronic debt, low savings, and have a better retirement life and a healthy relationship with the family.en_US
dc.identifier.urihttps://hdl.handle.net/20.500.14540/11510
dc.language.isoenen_US
dc.subjectFINANCIAL MANAGEMENT BEHAVIORen_US
dc.subjectFINANCIAL SELF-EFFICANCYen_US
dc.titleThe Psychological Factors Affecting Personal Financial Management Behavior among Young Adultsen_US
dc.title.alternativeFinancial Management Behavior among Young Adultsen_US
dc.typeThesisen_US
local.academic.levelMastersen_US
local.institute.titleSchool of Managementen_US

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