Economic Factors and Saving Attitudes Affecting Personal Savings/Investment Planning for Gen x

Authors

  • Irada Phorncharoen
  • Piyakanit Chotivanich
  • Sarayut Phorncharoen

Keywords:

Economic Factors, Saving Attitudes, Personal Savings, Investment Planning, Gen x

Abstract

       The purpose of this survey study was to investigate economic factors and saving attitudes that affected personal savings / investment plans for Generation X. The population for the study was the people residing in Ubon Ratchathani province in the following districts: Mueang Ubon Ratchathani, Warin Chamrap, Trakan Phuet Phon, Khueang Nai, Phibun Mangsahan, Muang Sam Sip, and Khong Chiam. The samples selected for the study were 385 people. The instrument for data collection was a five-scale rating questionnaire with reliability of .935. The statistics for data analysis were frequency, percentage, mean, and standard deviation. The multiple coefficient correlation and hypothesis testing were analyzed using the Structural Equation Modeling - SEM. It was found that the economic factors and saving attitudes affected the personal savings /investment plans for Generation X at the statistical significance level .01.   

Author Biographies

Irada Phorncharoen

Associate Professor, Ph.D., Doctor of General Management Program,
Faculty of Business and Management, Ubon Ratchathani Rajabhat University

Piyakanit Chotivanich

Associate Professor, Dr., Doctor of Human Resource Management Innovation

Program, Faculty of Business and Management, Ubon Ratchathani Rajabhat University

Sarayut Phorncharoen

Assistant Professor,  Faculty of Faculty of Industrial Technology,

Ubon Ratchathani Rajabhat University

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Published

2022-12-31

Issue

Vol. 2 No. 3 (2022): UBRU International Journal Ubon Ratchathani Rajabhat University

Section

Articles