Determinants of saving behaviour among students in Malaysia / Siti Nurshuhada Kamarulzaman

Many people are not affordable do saving because when they young, they do not make an enough saving for use in the old age. In Malaysia, most students less confident to prepare financial plan because they do not think about their future expenses when they graduate. Students in Malaysia are not likely to save upon they received their student loans and spent aggressively for non-academic purposes. Despite there are few studies focus on the saving behaviour of students, most of the studies were not drove by theory and merely focused on single factors. In order to achieve the stated primary purpose in the research, several objectives has been constructed to help the study to clearly focus on the areas that need that will support to answer the problem statement. The primary purpose of this study is to identify the determinants of saving behaviour among students in Malaysia. The specified purposes are to determine the relationship between financial literacy and saving behaviour among students, to determine the relationship between parental socialization and saving behaviour among students, to determine the relationship between peer influence and saving behaviour among students and to determine the relationship between self-control and saving behaviour among students. The saving behaviour is choosing as the dependent variable in this study. There are four independent variables to be used which are financial literacy, parent socialization, peer influence and self-control. The study will use a quantitative method approach. The primary data collection will be through survey questionnaire and secondary sources such as journal and internet. The statistical methods like descriptive analysis, factor analysis and regression analysis will use in this research. The regression results will show the independent variables are to be partially the determinants of saving behaviour among students (Akademi Laut Malaysia).