INFLUENCE OF PARENTS IN SHAPING OF FINANCIAL BEHAVIOR OF THEIR CHILDREN

Mohamed NorAzman, Hussin Muhammad

Abstract


This article tests parental influence on shaping the financial behavior of their children. A sample consisting of 391youth participated in the study. Findings indicated a positive and strong correlation between observations of parent behavior and acquisitions of participant financial behavior. Statistics also showed a positive and strong correlation between financial interaction with parents and acquisition of participant financial behavior.


Keywords


Parents Influence, Observational Learning, Financial Interaction, Financial Behavior.

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References


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