Factors Influencing on financial Management of People in Udon Thani Province in the situation of Coronavirus outbreak (COVID-19)

Abstract

This research article aimed (1) to study the level of opinions about factors affecting personal financial management, (2) to compare financial management classified by demographic characteristics, and (3) to study factors affecting personal financial management influencing on financial management of people in Udon Thani Province under COVID-19 restriction. The research model was quantitative research and used questionnaires for instrument research. The samples were 400 people who have jobs in Udon Thani Province.  The sample size was determined according to Taro Yamane and used non-probability sampling by accidental sampling. The statistics used in the analysis were frequency, percentage, mean, standard deviation, One-Way ANOVA and Stepwise multiple regression analysis. The result of the study found that the overall opinions about factors affecting personal financial management at the high level (average=3.79) and financial management at the high level (average=3.98). People in Udon Thani Province with different gender, ages, education levels, status and the average monthly income that affected the financial management under the situation of coronavirus disease 2019 pandemic were different. Factors affecting personal financial management influencing on financial management of people in Udon Thani Province under COVID-19 restrictions including the attitudes towards financial management, family financial responsibilities, influences of external and the government remedial measures of the financial. The all 4 factors are all the positive, at significance level 0.05.