Factors Determining Money Management Among University Students

Money matters are integral to our lives and for university students, these are an even more pressing aspect. Thus, it is important for university students to have prudent and responsible money management as this can impact their future and personal well-being. The study is set to meet its objective which is to investigate the impact of economic, social, and psychological factors on money management among university students. This study adopted an online survey for data collection. A survey questionnaire in Google form was distributed on
social media platforms including Facebook and WhatsApp to undergraduate students in Nilai, Negeri Sembilan, Malaysia. A total of 143 responses were received for further analysis. The fndings reveal that economic factors, rather than social and psychological factors, have a signi fcant infuence on students’
money management behaviour. This study could prove to be bene ficial to scholars and practitioners in developing money management curriculam and programmes, as well as promote good money management habits among university students.