Financial planning and financial well-being of B40 households with disabled children: Questionnaire validation

Hock Siong Ong (), Hafizah Mat Nawi (), Norlaila Mazura Hj. Mohaiyadin (), Mohd Abdullah Jusoh () and Mohd Yusof Ahmad ()

Edelweiss Applied Science and Technology, 2025, vol. 9, issue 10, 66-82

Abstract: This study assesses the reliability and validity of a newly developed questionnaire measuring financial planning and financial well-being among B40 households with disabled children. The instrument was adapted from established 5-point Likert scale measures found in existing literature. A total of 50 responses were collected and analyzed using SPSS Version 29.0. The scale purification process involved testing for reliability and conducting exploratory factor analysis (EFA). Results indicate high internal consistency, with Cronbach’s alpha values exceeding 0.7 across all constructs. Of the original 108 items, 97 were retained, representing 11 constructs aligned with the theoretical model. Factor loadings were strong and consistent for each construct, and the Kaiser-Meyer-Olkin (KMO) values surpassed 0.7, supporting the adequacy of the sampling. This study contributes to theory building and validation by verifying the conceptualization and operationalization of key constructs, offering a replicable framework for future research on financial planning and well-being among vulnerable households.

Keywords: Autism; Autism; Disabled children; EFA; Financial attitude; Financial planning; Financial well-being. (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://learning-gate.com/index.php/2576-8484/article/view/10343/3361 (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:ajp:edwast:v:9:y:2025:i:10:p:66-82:id:10343

Access Statistics for this article

More articles in Edelweiss Applied Science and Technology from Learning Gate
Bibliographic data for series maintained by Melissa Fernandes ().