Please use this identifier to cite or link to this item:
https://cris.library.msu.ac.zw//handle/11408/5546
Title: | Personal financial management skills Of university students and their financial experiences during the Covid-19 pandemic | Authors: | Lilian Gumbo Margaret Mutengezanwa Munyaradzi Chagwesha Midlands State University, Zimbabwe Senior Lecturer, Department of Banking and Finance Bindura, University of Science Education, Zimbabwe Department of Management Sciences, Midlands State University, Zimbabwe |
Keywords: | Personal financial management skills Financial planning Financial experiences |
Issue Date: | 2-Sep-2022 | Publisher: | Goodwood Publishing | Abstract: | Purpose: The main purpose of this study was to assess university students’ financial management skills and their financial experiences during the Covid-19 pandemic. Research methodology: The research adopted the explanatory sequential mixed methods research design where a survey of 181 students on work-related learning was conducted using questionnaires and qualitative interviews. Data were analyzed using IBM SPSS Statistic 27 Results: The study established that the majority of the students do not have a budget, run out of money before receiving the next income, have no funds set aside for uncertainties or medical expenses related to the Covid-19 pandemic, and to make ends meet most of the students borrow money from relatives and friends. The majority of students struggled financially because of the Covid-19 pandemic. Limitations: Questionnaires and interviews were only distributed/conducted online due to the Covid-19 pandemic. Contribution: Personal financial management skills are a vital human capital skill for students. Therefore the need to explore such skills and financial experiences of University students during the Covid-19 pandemic for the first time. | URI: | https://cris.library.msu.ac.zw//handle/11408/5546 |
Appears in Collections: | Research Papers |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Personal Financial Management Skills Of University Students and Their Financial Experiences During The Covid.pdf | Abstract | 102.35 kB | Adobe PDF | View/Open |
Page view(s)
90
checked on Aug 30, 2024
Download(s)
24
checked on Aug 30, 2024
Google ScholarTM
Check
Altmetric
Items in MSUIR are protected by copyright, with all rights reserved, unless otherwise indicated.