FINANCIAL LITERACY AND SAVING BEHAVIOUR AMONG TEACHING AND NON-TEACHING STAFF OF SWEDRU SCHOOL OF BUSINESS

ABSTRACT

The aim of this study was to compare the financial literacy and saving behaviour

among teaching and non-teaching staff of Swedru School of Business. A total of

194 staff comprising of one hundred and twenty-five (125) teaching staff and

sixty-nine (69) non-teaching staff were selected for the study. Data was collected

through the use of questionnaire. Based on the findings it was established that

teaching staff exhibited knowledge on personal finance and knowledge on

insurance than non-teaching staff. However, non-teaching staff had knowledge on

savings and borrowings, knowledge in retirement planning and exposure to

financial and monetary issues than teaching staff. In terms of general knowledge

on personal finance, knowledge in savings and borrowings, knowledge on

retirement planning and knowledge in insurance, males showed much knowledge

than females. It was also confirmed that gender, age, marital status and

educational level are determinants of financial literacy. The study recommended

that workshops should be organised by Welfare Committee of Swedru School of

Business on personal finance; so as to ensure prudent and efficient personal

financial management practices especially, among the non-teaching staff.

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APA

Flores, A. & APPIAH, J (2021). FINANCIAL LITERACY AND SAVING BEHAVIOUR AMONG TEACHING AND NON-TEACHING STAFF OF SWEDRU SCHOOL OF BUSINESS. Afribary. Retrieved from https://tracking.afribary.com/works/financial-literacy-and-saving-behaviour-among-teaching-and-non-teaching-staff-of-swedru-school-of-business

MLA 8th

Flores, Alyssa, and JUSTICE APPIAH "FINANCIAL LITERACY AND SAVING BEHAVIOUR AMONG TEACHING AND NON-TEACHING STAFF OF SWEDRU SCHOOL OF BUSINESS" Afribary. Afribary, 01 Apr. 2021, https://tracking.afribary.com/works/financial-literacy-and-saving-behaviour-among-teaching-and-non-teaching-staff-of-swedru-school-of-business. Accessed 24 Nov. 2024.

MLA7

Flores, Alyssa, and JUSTICE APPIAH . "FINANCIAL LITERACY AND SAVING BEHAVIOUR AMONG TEACHING AND NON-TEACHING STAFF OF SWEDRU SCHOOL OF BUSINESS". Afribary, Afribary, 01 Apr. 2021. Web. 24 Nov. 2024. < https://tracking.afribary.com/works/financial-literacy-and-saving-behaviour-among-teaching-and-non-teaching-staff-of-swedru-school-of-business >.

Chicago

Flores, Alyssa and APPIAH, JUSTICE . "FINANCIAL LITERACY AND SAVING BEHAVIOUR AMONG TEACHING AND NON-TEACHING STAFF OF SWEDRU SCHOOL OF BUSINESS" Afribary (2021). Accessed November 24, 2024. https://tracking.afribary.com/works/financial-literacy-and-saving-behaviour-among-teaching-and-non-teaching-staff-of-swedru-school-of-business