Personal Financial Management. Which Factors Affect it? (PDF)

Research Paper (postgraduate) from the year 2019 in the subject Didactics - Home Economics, grade: 12.00, Ethiopian Civil Service University (financial management), course: accounting and finance, language: English, abstract: Medical practitioners learn money management by trial and error and often realize the mistakes and shortfalls at later stages of life. This study measured the levels of personal financial management knowledge and attitude of the medical practitioners in yeka and bole sub. In this cross sectional study, a pre-tested questionnaire was used to conduct face to face interviews with randomly selected medical specialist, medical officers, nurses and other health officers through a multistage sampling.

A total of 385 (53.0% yeka sub city and 47.0% bole sub city) medical practitioners. The aim of this study is to assess the level of knowledge and attitude of medical practitioners towards personal financial management in Addis Ababa city administration yeka and bole sub city public health center. Thus, the target population of this study is all medical practitioners in Addis Ababa city administration yeka and bole sub city. The number of medical practitioners considered for this study was 197 using stratified random sampling technique.

The analysis is done through using descriptive statistics including cross tabulation, charts and tables and from inferential statistics Chi-square test of independence and Logistic regression model, which are used to determine the factor that affect medical practitioner's attitude and knowledge on personal financial management. Based on the result of this research paper, Academic qualification, financial knowledge, cash & credit management and saving & risk management is the most effective variable to affect the attitude and knowledge of medical practitioners towards personal financial management.