FTA Generation. Are young generations still immature in finance?
By Investigating Financial Responsible Behavior and Financial Stress among Young Generation.
~ Majestic Ballroom ~
This study has two facets of research purposes, (a) to investigate whether financial stress was associated with experiencing the outbreak of COVID-19 and being younger generations (i.e., mainly Millennials, and additionally Gen-Z) and (b) to investigate whether financial payment behaviors (i.e., paying full bill payment on time, staying in budget, and paying full credit on time) were associated with experiencing the outbreak of COVID-19, being younger generations, and having higher financial stress. Researchers and practitioners can utilize the result to create future financial education with different approaches by generations during the period caused by rapid social changes in COVID-19.