The Implications of Money Management for Investment- Decisions among University Undergraduates in Punjab

Asif Ali, Muhammad Bilal, Hira Ashfaq, Ashfaq Maan and Bilal Maan

Journal of Economic Impact, 2024, vol. 6, issue 3, 249-256

Abstract: Money management is essential for effective investment decisions and long-term economic well-being. This research study investigates the implications of money management for investment decisions among undergraduates of public-sector higher education institutions (HEIs) in the Punjab Province of Pakistan. This is particularly important in the present economic scenario of Pakistani HEIs, where undergraduates often lack the necessary skills for money management for better investment decisions. This study has used the multistage sampling technique for the study sample of undergraduate students. A comprehensive questionnaire was used for data collection from the selected respondents. The collected data were analyzed statistically and the major findings have been presented in this research paper. The results showed a significant relationship between money management and investment decisions among the public-sector university-undergraduates. Therefore, this research recommends the incorporation of money-management courses into the educational curricula to make investment-decision capabilities better, for future generations.

Keywords: Money-management; Optimism-bias; Investment-decision; Undergraduates (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.scienceimpactpub.com/journals/index.php/jei/article/view/971/603 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adx:journl:v:6:y:2024:i:3:p:249-256

Access Statistics for this article

More articles in Journal of Economic Impact from Science Impact Publishers
Bibliographic data for series maintained by Iqbal Javed ().