Financial literacy and satisfaction in Malaysia: a pilot study

Financial literacy and satisfaction in Malaysia: a pilot study. International Journal of Trade, Economics and Finance, 4 (5). pp. 319-324. ISSN 2010-023X (2013)


This paper reports the results of a pilot study examining the factors that contribute to the level of financial literacy among selected Malaysian public and its relationship with financial satisfaction. Among pre-identified antecedents of financial literacy, financial planning was found to exhibit the strongest effect on the literacy level. The literacy level then explains reliably the level of financial satisfaction among the 199 respondents selected for the study.The actual study intends to collect at least 100 responses from each of the 14 states in Malaysia. From the pilot study’s results, we are convinced with the viability of the existing model, though a few modifications are suggested and discussed further together with the implications of these findings at the end of this paper.

Item Type: Article
Keywords: Financial education, Financial planning, Personal finance, Wealth management
Taxonomy: By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Mohd Fadhli Samsudin
Date Deposited: 29 Apr 2022 02:27
Last Modified: 29 Apr 2022 02:27
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