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  1. Co-operative University, Thanlyin
  1. Co-operative University, Thanlyin
  2. Department of Commerce

Assessing the Effect of Financial Literacy on Saving Behaviour of Staff: A Case of Co-operative University, Thanlyin

http://hdl.handle.net/20.500.12678/0000007532
http://hdl.handle.net/20.500.12678/0000007532
28093fc5-5d41-484e-a05e-eee89324dfb6
e27a6e5a-f6ba-4388-bb19-18bd8a3d4dac
Name / File License Actions
Assessing Assessing the effect of financial literacy on staff saving behaviour, Dr. Nay Min Aye.pdf (179 KB)
Publication type
Journal article
Upload type
Publication
Title
Title Assessing the Effect of Financial Literacy on Saving Behaviour of Staff: A Case of Co-operative University, Thanlyin
Language en
Publication date 2018-12-01
Authors
NAY MIN AYE
Description
Financial literacy of individuals is important ingredients for economic development of the country through their informed financial decisions like savings which can trigger the investments for the corporations. The main objective of the study was to assess the effect of financial literacy on saving behaviour among staff in Thanlyin Co-operative University (TCU). The study found that the TCU staff have high level of financial literacy and positive saving behaviour according to the composite mean value. On the aspect of correlation between the variables, the study found that there is a significant positive relationship between financial literacy and individual saving behaviour among TCU staff. The estimated coefficient indicates that financial literacy has a positive impact on increasing the saving behaviour of the staff while socio-demographic factors like gender, age, marital status, and monthly income cannot predict the saving behaviour of the TCU staff. Accordingly, the university policy makers should consider the interventions to enhance the financial literacy of the staff to make the contribution to the individual saving level and the whole economy of the country. Also, the finding addresses the financial literacy training programmes on individual saving for employees in the universities.
Keywords
Financial Literacy, Saving behaviour, Socio-demographic variables
Journal articles
Co-operative University, Thanlyin Research Journal 2018
33-45
Vol.3, No.2
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