A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee

A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee

The purpose of this study was to gauge the practice of personal financial planning amongst accountants in Kuching. A big majority of the accountants set their financial goals based on short, medium and long-term goals and prioritized them accordingly. For each aspect of personal financial planning,...

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Format: Article
Language:English
Published: Universiti Teknologi MARA, Sarawak 2005
Online Access:http://ir.uitm.edu.my/id/eprint/16763/
http://ir.uitm.edu.my/id/eprint/16763/1/AJ_FATIMAH%20BUJANG%20JAS%2005.pdf
id uitm-16763
recordtype eprints
spelling uitm-167632017-05-08T03:50:19Z http://ir.uitm.edu.my/id/eprint/16763/ A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee The purpose of this study was to gauge the practice of personal financial planning amongst accountants in Kuching. A big majority of the accountants set their financial goals based on short, medium and long-term goals and prioritized them accordingly. For each aspect of personal financial planning, the ranking of importance was as follows: retirement planning, debt management, education planning, purchase or renovation of house, emergency buffer, insurance and lastly vacation. The most popular plan for retirement planning is the Employees Provident Fund (EPF) or pension funds. It was also found that accountants in Kuching were generally very cautious and extremely risk adverse in their personal financial planning practices. Forty-three percent (43%) of the accountants' households indicated that the husbands were the primary financial advisors. Universiti Teknologi MARA, Sarawak 2005 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16763/1/AJ_FATIMAH%20BUJANG%20JAS%2005.pdf UNSPECIFIED (2005) A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee. Jurnal Akademik UiTM Sarawak. pp. 13-21. ISSN 0128-2635
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
description The purpose of this study was to gauge the practice of personal financial planning amongst accountants in Kuching. A big majority of the accountants set their financial goals based on short, medium and long-term goals and prioritized them accordingly. For each aspect of personal financial planning, the ranking of importance was as follows: retirement planning, debt management, education planning, purchase or renovation of house, emergency buffer, insurance and lastly vacation. The most popular plan for retirement planning is the Employees Provident Fund (EPF) or pension funds. It was also found that accountants in Kuching were generally very cautious and extremely risk adverse in their personal financial planning practices. Forty-three percent (43%) of the accountants' households indicated that the husbands were the primary financial advisors.
format Article
title A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee
spellingShingle A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee
title_short A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee
title_full A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee
title_fullStr A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee
title_full_unstemmed A study of personal financial planning practised by accountants in Kuching / Prof. Madya Dr. Hajah Fatimah Bujang, Kueh Chiok Choo and Chong Fen Nee
title_sort study of personal financial planning practised by accountants in kuching / prof. madya dr. hajah fatimah bujang, kueh chiok choo and chong fen nee
publisher Universiti Teknologi MARA, Sarawak
publishDate 2005
url http://ir.uitm.edu.my/id/eprint/16763/
http://ir.uitm.edu.my/id/eprint/16763/1/AJ_FATIMAH%20BUJANG%20JAS%2005.pdf
first_indexed 2023-09-18T22:56:48Z
last_indexed 2023-09-18T22:56:48Z
_version_ 1777417908317585408

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