The Effect of Financial Literacy on Thai Government Teachers and Education Personnel towards Debt Problems in Bangkok

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Klangjai S angwichitr
Rassamijan Kwanmuang
Panern Intara
Pornthip J irathumrong

Abstract

This study seeks to examine the effect of the Financial Literacy on debts problems of Thai government teachers and education personnel. The Financial Literacy in this study consists of 3 components: Financial Knowledge, Financial Behavior and Financial Attitude. The researchers used questionnaire to collect data on a sample of 235 participants from Thai government teacher and education personnel who registered in debt- reducing program with Office of the Welfare Promotion Commission for Teachers and Education Personnel. The statistics for data analysis was Multiple Regression Analysis. The results revealed that the Financial Behavior had a negative effect on the current amount of debts, but the Financial Knowledge and Attitude had no effect on the current amount of debts. This research showed that organizations involved in providing personal financial planning knowledge should use the results to provide financial planning knowledge training guideline as well as set financial policy to solve the teachers' debt problems sustainably in the future.

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How to Cite
angwichitr, K. S., Kwanmuang, R., Intara, P., & irathumrong , P. J. (2021). The Effect of Financial Literacy on Thai Government Teachers and Education Personnel towards Debt Problems in Bangkok. Journal of Management Science Chiangrai Rajabhat University, 16(1), 1-16. Retrieved from https://so03.tci-thaijo.org/index.php/jmscrru/article/view/215618
Section
Research Articles
Author Biographies

Klangjai S angwichitr, Faculty of Management Sciences, Prince of Songkla University

DBA (Finance) Alliant International University (2014), Currently a Lecturer in Business Administration, Faculty of Management Sciences, Prince of Songkla University

Rassamijan Kwanmuang, Faculty of Management Sciences, Prince of Songkla University

Faculty of Management Sciences, Prince of Songkla University

Panern Intara, Faculty of Management Sciences, Prince of Songkla University

MBA (Finance) National Institue of Development Administration (2014), Currently a Lecturer in Business Administration, Faculty of Management Sciences, Prince of Songkla University

Pornthip J irathumrong , Faculty of Management Sciences, Prince of Songkla University

MBA Faculty of Management Sciences, Prince of Songkla University (1999), Currently a Lecturer in Business Administration, Faculty of Management Sciences, Prince of Songkla University

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