Management of Personal Investment in Vietnam and ASEAN How Financial Planning Behavior of young adults were influenced by their Financial Literacy
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| Format: | Thesis |
| Kulcsszavak: | Acc finance Financial investment planning |
| Online Access: | http://dolgozattar.uni-bge.hu/44719 |
| Abstract: | International financial business and investment fields face new opportunities and difficulties as a result of significant developments in the global economy. However, young adults face significant obstacles in developing wise personal financial plans due to a shortage of foundational financial knowledge about early saving and growing money, as well as a lack of attention from investment organizations, funds, and banks to this potential and growing group of people. These individuals may be crucial to the company's future success. Despite the fact that a lot of their money has been spent, little is known about the behavior of this youthful generation. Knowing the particulars of Vietnamese and ASEAN clients can help you determine whether or not they are individually formulating their financial plans and how logically they are allocating their revenue. Figure out how illiterate this selected group of people in financial field is, thereby affecting the financial planning behavior of Vietnamese and ASEAN citizens. Our study uses content analysis method to investigate. Moreover, structured interview was conducted with participants mainly from Vietnam and other several ASEAN nations. By advancing knowledge and identifying the key patterns in young people’s behavior, this thesis contributes to higher education research in the area of personal financial planning. The similarities between Vietnam and some of the ASEAN countries will help governments in raising society’s level of education and rationality in selecting methods for investing and allocating money, as well as businesses in the investing sector to draw in more clients and increase income. The new opportunities may offer a framework for further research. |
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