The Effect of Spending Distribution on Financial Well-Being among Young Working Women

• 영문명: The Effect of Spending Distribution on Financial Well-Being among Young Working Women
• 발행기관: 한국유통과학회
• 저자명: Zuraidah ZAINOL Nor Asiah OMAR Zuraini ZAINOL Suzyanty MOHD SHOKORY Bahijah ABAS
• 간행물 정보: 『유통과학연구(JDS)』제20권 제11호, 1~9쪽, 전체 9쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.11.30

영문 초록

Purpose: This study determines the effect of spending distribution, namely experiential, impulsive, self-expressive, prosocial, and conspicuous spending, on the financial well-being of young working women in Malaysia. Research design, data and methodology: This study employed a quantitative and deductive approach. A sample of 400 young working women was selected using a systematic sampling technique. Data were collected using a self-administered questionnaire and analysed using Structural Equation Modelling (CB-SEM). Results: The findings revealed prosocial and impulsive spending as the significant spending distribution to affect financial well-being. The effect of prosocial spending is positive on financial well-being, while the effect of impulsive spending is a negative predictor of financial well-being. All other spending distribution – experiential, self-expressive, and conspicuous spending - do not have a significant effect on financial well-being. Conclusion: To achieve financial well-being, young working women need to distribute the spending budget for the happiness of others and reduce impulse buying. The findings provide useful insights on the significant role of spending distribution in influencing, how to fuel young working women to develop good spending habits that consequently improve their financial well-being, for themselves and Malaysian economics, as well as the plausible solution to overcome financial problems and high indebtedness.

목차

1. Introduction

2. Literature Review

3. Methods

4. Results

5. Discussion and Conclusion

References

키워드

Spending Distribution Financial Well-Being Impulsive Spending Pro-Social Spending Young Working Women