Determinant of Students’ Spending Behaviour at Uitm Kota Bharu

Abstract

Students’ spending behaviour refers to the patterns and habits that shape how they manage their financial including expenditures on accommodation, food, entertainment, books, and personal needs. Understanding this behaviour is essential to identify the factors that influence students’ financial decisions and promote responsible money management This study aims to examine the determinants influencing students’ spending behaviour, focusing on five key factors: financial management knowledge, price elasticity, parental income, peer influence, and lifestyle. A total of 207 students participated in this study through stratified random Data were analyzed Pearson’s correlation, and multiple linear regression Pearson’s correlation analysis further reveals significant relationships between students’ spending behaviour and all five examined variables. However, the multiple regression analysis identifies only two factors that are peer influence and lifestyle have significant predictors of students’ spending behaviour. These findings highlight the strong role of social interactions and lifestyle preferences in shaping financial habits, suggesting that financial education initiatives should emphasize the influence of peers and lifestyle choices to enhance students’ financial responsibility.