Financial Management Behaviors and Lifestyles That Affect Gen X People's Ability to Plan Personal Finances in Bangkok

Abstract

The purpose of this research was to study financial management behavior and lifestyle that affect personal financial planning ability. It is a quantitative research. The population studied in this study consisted of two groups. The first group was the population living in Bangkok. Which were born during the year 1965 -2522, aged 42-56 years and living in Bangkok from 5 years or more. The sample size was 384 people. The instrument used to collect data was a questionnaire. A simple sampling random was used. The descriptive statistics used were frequency, percentage, mean, standard deviation. The tool used was a questionnaire. The inferential statistic used to analyze the data was the Linear Regression analysis statistic. The results showed that Financial management behavior and lifestyle affecting the ability to plan personal finances. It was found that financial management behavior and lifestyle affect the ability to plan personal finances. Together, they describe 8.3% change in their overall personal financial planning ability, financial management behaviors, and lifestyle practices that affect their ability to plan personal finances. Together, describe the change in personal financial planning ability in terms of consumption planning. 57.20% efficient consumption. Financial management behaviors and lifestyles affect the ability to plan personal finances. Together, describe the change in personal financial planning abilities. In terms of risk management and insurance planning, it was 67.00 percent, with reliability at a statistically significant level of .01. Financial management behaviors and lifestyles that affected the ability to plan personal finances. Factors affecting include Sufficiency Economy Philosophy order of requirements the principle of rational choice the equation has 57% predictive power and can be written as an equation as follows:

 = 0.913+.302 ( ) + .123 ( ) + .623 ( )