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Covid-19 and household financial : a study among UKM undergraduate

The pandemic of a life-threatening disease better known as COVID-19 has spread rapidly since December 2019. The COVID-19 outbreak in Malaysia started as a small wave of 22 cases in January 2020 through imported cases. It was followed by larger waves mainly from local transmissions resulting in 651 c...

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Main Authors: Ahmad Nurnaqib Nasharuddin,, Wong, Wai-Yan
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/18901/1/50757-165548-1-SM.pdf
http://journalarticle.ukm.my/18901/
https://ejournal.ukm.my/ebangi/issue/view/1420
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spelling my-ukm.journal.189012022-07-05T08:11:28Z http://journalarticle.ukm.my/18901/ Covid-19 and household financial : a study among UKM undergraduate Ahmad Nurnaqib Nasharuddin, Wong, Wai-Yan The pandemic of a life-threatening disease better known as COVID-19 has spread rapidly since December 2019. The COVID-19 outbreak in Malaysia started as a small wave of 22 cases in January 2020 through imported cases. It was followed by larger waves mainly from local transmissions resulting in 651 cases. This caused the government to start acting by implementing the Movement Control Order (MCO) to reduce the spread of the epidemic. The implementation of MCO has disrupted many businesses, causing the economy to be affected. While most studies concentrate on the economic impact of COVID-19 on the country or industry, one group seems to be left out – the undergraduates. This preliminary study was conducted for the purpose of examining the impact of the COVID-19 pandemic on the household financial position of undergraduates in Malaysia. In addition, this study also aims to look at the level of financial management of undergraduates during the COVID-19 pandemic. This survey study uses a questionnaire instrument to obtain information. The respondents of the study consist of 107 undergraduates. Our findings showed that, on average, UKM undergraduates were not too badly affected during this outbreak. The findings also indicate the importance of financial knowledge in helping to strengthen the household financial position. Therefore, undergraduates are advised to strengthen their financial knowledge and management to enable them to manage their personal finances better to buffer the effect of financial disasters. Penerbit Universiti Kebangsaan Malaysia 2021 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/18901/1/50757-165548-1-SM.pdf Ahmad Nurnaqib Nasharuddin, and Wong, Wai-Yan (2021) Covid-19 and household financial : a study among UKM undergraduate. e-BANGI: Jurnal Sains Sosial dan Kemanusiaan, 18 (7(SI)). pp. 41-53. ISSN 1823-884x https://ejournal.ukm.my/ebangi/issue/view/1420
institution Universiti Kebangsaan Malaysia
building Tun Sri Lanang Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kebangsaan Malaysia
content_source UKM Journal Article Repository
url_provider http://journalarticle.ukm.my/
language English
description The pandemic of a life-threatening disease better known as COVID-19 has spread rapidly since December 2019. The COVID-19 outbreak in Malaysia started as a small wave of 22 cases in January 2020 through imported cases. It was followed by larger waves mainly from local transmissions resulting in 651 cases. This caused the government to start acting by implementing the Movement Control Order (MCO) to reduce the spread of the epidemic. The implementation of MCO has disrupted many businesses, causing the economy to be affected. While most studies concentrate on the economic impact of COVID-19 on the country or industry, one group seems to be left out – the undergraduates. This preliminary study was conducted for the purpose of examining the impact of the COVID-19 pandemic on the household financial position of undergraduates in Malaysia. In addition, this study also aims to look at the level of financial management of undergraduates during the COVID-19 pandemic. This survey study uses a questionnaire instrument to obtain information. The respondents of the study consist of 107 undergraduates. Our findings showed that, on average, UKM undergraduates were not too badly affected during this outbreak. The findings also indicate the importance of financial knowledge in helping to strengthen the household financial position. Therefore, undergraduates are advised to strengthen their financial knowledge and management to enable them to manage their personal finances better to buffer the effect of financial disasters.
format Article
author Ahmad Nurnaqib Nasharuddin,
Wong, Wai-Yan
spellingShingle Ahmad Nurnaqib Nasharuddin,
Wong, Wai-Yan
Covid-19 and household financial : a study among UKM undergraduate
author_facet Ahmad Nurnaqib Nasharuddin,
Wong, Wai-Yan
author_sort Ahmad Nurnaqib Nasharuddin,
title Covid-19 and household financial : a study among UKM undergraduate
title_short Covid-19 and household financial : a study among UKM undergraduate
title_full Covid-19 and household financial : a study among UKM undergraduate
title_fullStr Covid-19 and household financial : a study among UKM undergraduate
title_full_unstemmed Covid-19 and household financial : a study among UKM undergraduate
title_sort covid-19 and household financial : a study among ukm undergraduate
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2021
url http://journalarticle.ukm.my/18901/1/50757-165548-1-SM.pdf
http://journalarticle.ukm.my/18901/
https://ejournal.ukm.my/ebangi/issue/view/1420
_version_ 1738511363252158464
score 13.211869

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