Understanding students' spending behaviour: Integrating financial literacy, economic factors and lifestyle influence

Authors

  • Nor Sabrina Zahari Faculty of Business and Management (UiTM), Malaysia,
  • Mohd Fahmi Zahari Faculty of Computer and Mathematical Sciences (UiTM), Malaysia,
  • Norsilawati Mohd Hassan Faculty of Business and Management (UiTM), Malaysia,
  • Nor Zuriati Amani Ab Rani Faculty of Business and Management (UiTM), Malaysia,
  • Nik Suriati Nik Hassan Faculty of Business and Management (UiTM), Malaysia,

Keywords:

student’s spending behavior, financial literacy, price elasticity, habit/personal interest, family income

Abstract

This study investigates the spending behavior of students at UiTM Kelantan, focusing on the impact of five potential determinants: financial literacy, price elasticity, habit/personal interest, family income, and social media influence. A total of 144 students participated, and data were analyzed using multiple regression analysis to identify significant predictors of spending behavior. The results indicate that financial literacy, price elasticity, and habit/personal interest significantly influence students’ spending patterns, while family income and social media exposure were not significant. These findings highlight the importance of enhancing financial literacy and understanding personal consumption habits to promote responsible spending among students.

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Published

2026-07-01

How to Cite

Zahari, N. S., Zahari, M. F., Mohd Hassan, N., Ab Rani, N. Z. A., & Nik Hassan, N. S. (2026). Understanding students’ spending behaviour: Integrating financial literacy, economic factors and lifestyle influence. Journal of Islamic, Social, Economics and Development, 11(84), 293–301. Retrieved from https://academicinspired.com/jised/article/view/4264

Issue

Vol. 11 No. 84 (2026): Volume: 11 Issues: 84 Special Issue [July, 2026)

Section

Articles