Nor Fadzilah Mokhtar|Mohamad Fazli Sabri|Catherine S. F. Ho
Financial Capability and Differences in Age and Ethnicity
objective study disclose effect sociodemographic characteristics age ethnicity comprised malay chinese indian others four financial capability domains namely planning ahead managing money choosing products staying informeda closed ended selfadministered questionnaire disseminated total 2000 respondents among four types groups consist felda rural area residents private sector employees government sector employees youth institutions higher learning malaysiathose four groups selected cover wide range malaysian population500 respondents involved study types groups purposive sampling techniqueanalysis variance anova analysis via statistical package social science spss utilized studythe results revealed age significant effect planning ahead managing money choosing products staying informedwhereas ethnicities found effect financial capability except planning ahead domainit suggested devotion placed research professional training building respondents financial capabilityfurthermore government nongovernment organizations develop comprehensive approach intensify financial capability upgrade standards living especially financially vulnerable households