Gender and profession’s sector that influence in personal financial planning

This research is being conducted in order to look into gender and working sector comparisons in personal financial planning due to the fact that by having personal financial planning it can help to prevent financial difficulties. The research examines whether there are differences between gender and working sector with regard to financial literacy, attitudes to personal financial planning and frequency in managing personal financial planning. For the purpose of this research, five items were included under personal financial planning which are saving management, credit management, investment planning, insurance planning and retirement planning. Data were collected through questionnaire distributed to the people that from private working sector and government working sector. Result show that there are significant differences in financial literacy between gender and working sector comparisons but not in attitudes towards personal financial planning. Result for frequency of managing personal financial planning show a significance difference between male and female worker but no significant between the public and private sector.