Financial Planning Behavior Among Working Age Groups in Muak Lek Municipality, Muak Lek District, Saraburi Province
Keywords:
Financial planning, Debt planning, Saving and investment planning, Muak Lek DistrictAbstract
The purposes of this research were (1) to study the level of financial planning, debt planning, and saving and investment planning among working-age groups in Muak Lek Municipality, Muak Lek District, Saraburi Province, and (2) to compare the level of financial planning, debt planning, and saving and investment planning among working-age groups in Muak Lek Municipality, Muak Lek District, Saraburi Province, classified by personal factors. The tool used to collect data was a questionnaire. The data was collected online from 385 respondents. The statistics used for data analysis were frequency, mean, percentage, and standard deviation. Hypotheses were tested with t-test and One-way ANOVA. The results of this study show that different Individual factors, which include gender, age, marital status, educational level, and average monthly income of the population in Muak Lek Municipality, Muak Lek District, Saraburi Province, has different level of financial planning, debt planning, and saving and investment planning, statistically significant at the 0.05 level.
References
Chaisiri, N. (2019). Factors Affecting Saving Behavior of People in Songkhla Province. Thesis, Master of Business Administration, Thaksin University.
Chanthong, M. (2013). Debt status of personnel in the Internal Security Operations Command. Retrieved October 14, 2021, from, http://libdoc.dpu.ac.th/thesis/149448.pdf
Cho, E., & Kim, S. (2015). Cronbach’s coefficient alpha: Well known but poorly understood. Organizational research methods, 18(2), 207-230.
Chuadjapoh, P., Pimsalee, T., Somasri, P., and Sutthipong, A. (2020). Factors Affecting Saving Behavior of Accounting Students, Faculty of Management Science, Udon Thani Rajabhat University. Retrieved March 1, 2022, from https://ms.udru.ac.th/ACresearch/assets/pdf/20211019092529.pdf
Hakham, L. (2019). Saving behavior of people in Bangkok. Independent Study, Master of Business Administration, Ramkhamhaeng University.
Itthiratanachot, N. (2564). Saving behavior of the Office of the Auditor General of Thailand personnel. Retrieved October 1, 2021, from, https://mmm.ru.ac.th/MMM/IS/sat17/6214060007.pdf
Khunchuen, C. (2013). Personal financial planning of the population in Bangkok. Finance and Banking, Faculty of Business Administration, Ramkhamhaeng University. Retrieved October 31, 2021, from https://mmm.ru.ac.th/MMM/IS/mmm24-2/6014133132.pdf
Kongkaew, M., Kaewsuksai, C., and Dulyawathit, N. (2014). Personal finance management for the financial freedom of civil servants in the four southern border provinces. Thesis, Master of Business Administration, Rajamangala University of Technology Songkhla.
Likittrakankul, I., Anson, B., Chaisilp, P., Petchkan, R., Poonsawas, P., and Meat, Y. (2016). Strategies to promote savings for adults in preparation for entering Elderly age. Research study report, Ministry of Social Development and Human Security: Thailand.
Muak Lek Municipality. (2001). Population data from the past 3 years. Retrieved September 15, 2021, from http://www.muaklek.go.th/index1.php?name=page&file=page&op=primary
Pithong, K. (2017). Guidelines for Debt Management Using Sufficiency Economy Philosophy of the Royal Thai Armed Forces Headquarters. Retrieved March 1, 2022 from http://www.dsdw2016.dsdw.go.th/doc_pr/ndc_2016-2017/PDF/wpa_8057/ALL.pdf
Saenthaweesuk, K. (2013). Money must pay attention. Bangkok: The Stock Exchange of Thailand.
Sangwichit, K., Sangkatnee, T., Chirathamrong, P., Intara, P., Sungsuwan, S., and Chicharoen, P. (2019). Comparison of knowledge and behavior of personal finance management before and after studying personal finance of students Prince of Songkla University. Hat Yai Academic Journal, 17 (2), 127-141.
Siriwattana, S., and Rongdej, M. (2012). Savings and Investment Situations and Thai Capital Market Development: 2013 Outlook, Retrieved 30 October 2021, from http://www2.fpo.go.th/S-I/Source/Article/Article145.pdf
Sriphanom, S. (2016). Factors Affecting Saving Behavior of Members of Chanthaburi Teacher Savings Cooperative Limited. Thesis, Master of Business Administration, Burapha University.
Supakitvanichkul, A., and Phasunon, P. (2016). Comparison of saving behavior and financial management before retirement: Case study of Silpakorn University personnel Sanam Chandra Palace Campus. Veridian E-Journal in Humanities, Social Sciences and Arts, 9(2), 375-389.
Teerakitikorn, T., and Wenthong, S. (2021). Savings guidelines for preparing for retirement in the central region. Journal of Industrial Business Administration, 2 (2), 40-58.
Wanasuk, K., Kosako, C., and Chauvallee, P. (2014). Household Debt and the Southern Economy. Bangkok: Bank of Thailand.
Wongchan, R. (1990). Personal Finance Management. Bangkok: The Stock Exchange of Thailand.
Yamane, T. (1967). Statistics: An Introductory Analysis, 2nd Edition. New York: Harper and Row.
