An investigation into causes of saving behaviour among students at tertiary institutions: A case study of UNAM main campus
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Date
2019
Journal Title
Journal ISSN
Volume Title
Publisher
University of Namibia
Abstract
The purpose of the study was to investigate saving behaviour among students at tertiary
institutions in Namibia. The University of Namibia was used as a case study. It is
important for both adults and young students to understand the importance of saving.
The research included variables such as parental socialisation, fmancial literacy, self control and peer influence in order to determine the saving behaviour of students at
tertiary institutions. In this study, the sample size was 324. A sample was drawn from
the population using a non-random sampling method, namely: snowball sampling
technique. 324 questionnaires were handed over to the selected fourth year Namibian
students aged 18 to 24 at UNAM main campus. The findings from the study indicated
that financial literacy, parental influence, peer influence and self-discipline have a great
impact on saving behaviour. The recommendations were done including that the
financial literacy amongst students must be improved. If students are fancially literate,
they will save more. If the students are less financially literate they will save less
Description
A thesis submitted in partial fulfilment of the requirements for the Degree of Master of Business Administration Finance
Keywords
Tertiary institutions, Namibia, University of Namibia, Saving behaviour, UNAM main campus