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      Pathway to Financial Well-being: A review on the role of psychological factors

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      Environment-Behaviour Proceedings Journal

      e-IPH Ltd.

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          Abstract

          This paper aimed to complete a rigorous, systematic exploration of the literature investigating the effects of psychological factors on the financial well-being in Malaysia context. We identified 13 papers that report empirical evidence on the effect of psychological factors on the financial well-being in Malaysia context. The findings conclude that the studies in financial well-being are focusing on four groups of respondents namely college student, young employees, singles mothers and Muslim individual and the eleven types of psychological variables are identified. This assemblage of reviewed research papers will be useful for the academia and government to cultivate understanding on the psychological rumblings of an individual and leading to greater financial well-being, hence uplifting the quality of life of affected parties.

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          Author and article information

          Journal
          Environment-Behaviour Proceedings Journal
          E-BPJ
          e-IPH Ltd.
          2398-4287
          March 20 2020
          March 23 2020
          : 5
          : 13
          : 55
          Article
          10.21834/e-bpj.v5i13.2063
          © 2020

          This work is licensed under a Creative Commons Attribution 4.0 Unported License. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc-nd/4.0/

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