Article Review

Source What was the What did they do to find What was their finding/the result Recommendation/
Problem? out / their methodology Suggestion they
/Purpose/ gave
Objective
Article 1 -to identify and -The study sample is -2,519 students who responded to survey, 40.4% -Future research
compare financial comprised of students in were male and 59.6% were female could make
(Sabri et behavior and public and private -The ethnic composition was Malay (67.2%), comparisons
al., financial universities, and 11 Chinese (21.6%), Indian (5.0%) and others (5.3%) between the
2008 problems universities were -The mean age of the respondents was 20.9 educational
) experienced by randomly selected for the Years details of
students study -A majority of the students lived on campus individuals such
-to conduct -Six financial behaviors, -The average CGPA (cumulative grade point as major areas of
multivariate were asked with “Yes” average) was 3.00 and majority of students were at study and current
analysis of factors and “No” answer to second class level (72.4%). year of study.
influencing respondents -Further research
financial -The ten financial Financial behavior could focus on
behavior, and problem questions were -More than half of the respondents did not save any the components
financial asked on a 5-point Likert money when they received their scholarship or of financial
problems scale from never (1) to education loan. literacy and
-to explore the everyday (5) and focused -More than half of the students used their money for determine which
influence of on problems shopping are the most and
financial literacy -Analysis to test for -About 45% of them spent all their money before the least critical to
on financial differences in financial end of the semester financial success
behavior, and behaviors and problems -17% of students gifted some money to their family and sustainability,
problems. included T-tests and -13% used their money to repay debts. and focus on the
ANOVA for more direct
demographic Financial Problem( using mean Score) measurement of
characteristics and other -About 47.9% of students had a higher problem score financial behavior
variables -A large majority of students (73.6%) had a moderate
level of knowledge on personal finance
 Source What was the What did they do to find What was their finding/the result Recommendation/
Problem? out / their methodology Suggestion they
/Purpose/ gave
Objective
this study focuses -A self-administered - 1500 students who responded to survey, 40% were - Financial
Article 2 on questionnaire was used to male and 60% were female education should
(Jariah, financial behavior collect the data in this - More than 70% of the respondents were Malays be introduced at
Husniyah, and problems of study followed by Chinese, Indian and others the college level
Laily, & college students -The data reported in this - Larger proportions of the respondents (46%) were or earlier to
Britt, and discusses the article is part of a larger from rural areas and 31% from urban areas prepare students
2004) need for financial study on financial - 14% of the respondents depend solely on to manage their
education behavior of college educational loans to support themselves finances
students. - 1/3 of the respondents received the majority of their effectively
-Variables used in this money from their father. - The availability
study were 13 items on -Less than 40% of the respondents received money of online
the Likert scale statement from their mother. materials can
describing financial complement and
behavior and a list of 16 Financial behavior supplement the
financial - Overall, the chart shows that more than half of the educational
related respondents agreed that they spend and buy to activities
experiences/problems celebrate - Effective
- more female respondents tended to enjoy shopping financial
and bought items that were on sale management will
- higher percentage of male respondents who contribute to
indicated that they hide their spending habits from improving the
family quality of life
and sustainable
Financial Problem consumption
-35% of those from rural areas indicated that
financial matters have an impact on their studies
compared to only 23% from urban areas.
- 60% of respondents from rural areas skip meals to
save money compared to only 46% among
respondents from the urban areas
- Student living off campus (50.7%) did not have
sufficient money to last until the end of semester
compared to those living on campus.
- students living on campus reported skipping meals
to save money
- several students have to borrow money from friends
- 30% of males and no females indicated that they
plan to pay off their debt when they get the money.
- lack of financial management skills may also
translate into a lack of academic management skills
 Article Review
Source What was the Problem? What did they do to find out / What was their Recommendation/
/Purpose/ Objective their methodology finding/the result Suggestion they gave
Article 3 - to identify the financial - This study uses - female students
(Daud, problems faced by students in questionnaires as an dominate male students
Norwani, Higher Education Institutions instrument for data collection in HEI
& Yusof, - method - the range is between
2018) - Data were analyzed using the 20-24 and above
descriptive statistics. - respondents have a
*HEI- - The target population of this CGPA of more than 2.00
Higher study is centered on HEIs from - 49.6% agree that they
Education four zones in Peninsular are dealing with
Institution Malaysia expenses that exceed the
s - chosen a purposive sampling revenue received. While
method where the population 23.1% stated they were
involved is the final year of uncertain and 27.3% did
Bachelor's degree not experience this
- problem.
- 54.2% answered they
use savings for basic
needs expenditure while
21.5% are not sure
whether they are
experiencing this
problem or not and
24.3% responded they
did not faced this
problem.
- the majority of 59.4%
answered that they are
worried about financial
resources, only 19.2% do
not worry about their
financial resources and
21.5% answered they are
not sure whether
experiencing this
problem or not
- 68.3% disagreed with
have credit card
problems, only 14.4% had
this problem and only
17.3% were in uncertain
- 35.4% had no excess
money to make savings,
while 40.6% did not
faced this problem and
24.0% answered not sure
whether they had this
problem or not.
- 55.4% answered they
did not experience for
deficit problem such as
not able to pay bills,
while 21.9% had this
problem and 22.7% were
in uncertain
- 58.6% disagree if they
cannot possible to repay
the loans borrowed, while
23.8% are in uncertain
and 17.7% agree with
this problem
- 21.7% agreed seeking
loans to cover the costs
of living expenses, while
22.9% were in uncertain
and the remaining 55.4%
disagreed with this
problem
- 31.2% agreed that they
did not know where the
money was spent while
24.2% were at an
uncertain level and the
rest 44.6% answered did
not experience this
problem
-