The effects of social influence and financial literacy on savings behaviour: a study on college students in Kota Kinabalu, Sabah

• Main Authors: Amer Azlan Abdul Jamal, Wijaya Kamal Ramlan, Mohd Rahimie Abdul Karim, Rosle Mohidin, Zaiton Osman
• Format: Article
• Language: English; English
• Published: 2015
• Subjects: HG Finance
• Online Access: https://eprints.ums.edu.my/id/eprint/18717/1/The%20Effects%20of%20Social%20Influence%20and%20Financial%20Literacy%20on%20Savings%20Behaviour.pdf; https://eprints.ums.edu.my/id/eprint/18717/7/The%20effects%20of%20social%20influence%20and%20financial%20literacy%20on%20savings%20behaviour.pdf; https://eprints.ums.edu.my/id/eprint/18717/
• Institution: Universiti Malaysia Sabah

Economists generally believe that higher savings will spur economic growth, thus strengthening the economy further. In Malaysia however, the sharp increase in the ratio of household debt to disposable income particularly over the past ten years has raised doubts on the ability of Malaysians to save...