—Parents play important roles in educating their
child to behave appropriately in all aspects of life including
financial management. The aim of this paper is to identify the
influence of parents’ background on savings attitude among
students in a Malaysian local university. The findings of the
research provide useful information to parents as well as public
on the importance of early financial planning exposure toward
teenagers, in encouraging savings habit. 2146 questionnaires
were distributed among USIM students came from various
family background. Apart from bar charts, further analysis is
conducted using cross tabulation. The results showed that the
higher the levels of education background of parents, the lower
the tendency for students to put aside their money for savings.
Similarly, the higher the amount of respondents’ household
income, the lower is the tendency for students to put aside their
money for savings. It seemed that higher level of parents’
education background and higher household income does not
contribute more effort for students in fund savings.
—Cash management, financial planning,
parents, students, students saving, university.
The author are with Faculty of Economics and Muamalat of Universiti
Sains Islam Malaysia (email@example.com; firstname.lastname@example.org;
email@example.com; firstname.lastname@example.org; email@example.com).
Cite:Norasikin Salikin, Norailis Ab.Wahab, Nurazalia Zakaria, Rosnia Masruki, and Siti Nurulhuda Nordin, "Students’ Saving Attitude: Does Parents’ Background Matter," International Journal of Trade, Economics and Finance vol.3, no.6, pp. 479-484, 2012.