Due to the current unpredictable economic conditions and rising cost of living, students are experiencing financial challenges. Their repayment obligations on their debts also add to their financial issues. Additionally, UiTM Seremban’s strategic location also contribute to the impact on students’ purchasing habits, regardless of whether they can manage it or not. They must save to make sure they can survive through the entire semester. The main focus of this study is to determine the factors that influence the saving behavior among UiTM Seremban students based on some factors which are self-control, peer influence, financial literacy, parental socialization. The aims of this research are to measure the strength of relationship between self-control, peer influence, financial literacy and parental socialization with saving behavior and to determine the significant factor (self-control, peer influence, financial literacy and parental socialization) of saving behavior. There are 327 students who had been chosen as a sample for the study. The data had been analysed by using the methods of Pearson correlation coefficient and multiple linear regression. Overall, self -control, financial literacy and parental socialization have strong relationship with saving behavior and these factors also have significant effect towards saving behavior.
Albeerdy, M. I., & Gharleghi, B. (2015). Determinants of the financial literacy among college students in malaysia. International Journal of Business Administration, 6(3).
Alita, D., Putra, A. D., & Darwis, D. (2021). Analysis of classic assumption test and multiple linear regression coefficient test for employee structural office recommendation. Indonesian Journal of Computing and Cybernetics Systems, 1-5.
Bernama. (2018). Almost half of M ’ sian youths grappling with high credit card debt. New straits times. Vol 1(1), 1–3.
https://www.nst.com.my/news/nation/2018/09/408033/almosthalf-msian-youths-grappling-high-credit-card-deb
Chia, Y. K., Chai, M. T., Fong, S. N., Lew, W. C., & Tan, C. T. (2011). Determinants of saving behaviour among the university students in Malaysia. Final Year Project, UTAR.
Daud, N., Norwani, N. M., & Yusof, R. (2018). Students’ financial problems in higher education institutions. International Journal of Academic Research in Business and Social Sciences, 8(10), 1558–1565.
Gimenez-Serrano, S., Alcaide, M., Reyes, M., Zacar ?es, J. J., & Celdr ?an, M. (2022). Beyond parenting socialization years: The relationship between parenting dimensions and grandparenting functioning. International Journal of Environmental Research and Public Health, 19(8), 4528.
Joo, S. (2008). Personal financial wellness. In Handbook of consumer finance research (pp. 21–33). Springer.
Khoo, Y. Y. (2021). A cybergogy model for promoting financial literacy among secondary school students.
Letkiewicz, J. C., & Fox, J. J. (2014). Conscientiousness, financial literacy, and asset accumulation of young adults. Journal of Consumer Affairs, 48(2), 274–300.
Malhotra, N., & Dash, S. (2010). An applied orientation. Marketing Research.
Zaihan, N. D. (2016). Determinants of saving behavior among generation Y students in Universiti Utara Malaysia. Journal of Universiti Teknologi Mara. Vol 3(2), 14-8
Reddy, P., & Sarma, K. (2015). A multiple linear regression approach for the analysis of stress factors of faculty in higher educational institutions. International Journal of Mathematics and its Applications, 95-103.
Rehman, F. U., & Khan, D. (2015). The determinants of food price inflation in pakistan: An econometric analysis. Advances in Economics and Business, 3(12), 571–576.
Saunders, M., Lewis, P., & Thornhill, A. (2010). Research methods. Business Students 4th edition Pearson Education Limited, England, 1-268.
Tharanika, K., & Andrew, A. (2017). Factors influencing on saving behaviour among university students. International Journal of Research, 4(14), 861–871.
