Personal Financial Planning to Strengthen the Economic Immunity of Teachers and Educational Personnel

Abstract

The goals of this study are to 1) investigate personal financial planning to increase teachers' and educational personnel's economic immunity. 2) to investigate the impact of personal factors on financial planning to improve teacher and educational personnel's economic immunity. 3). To develop a model of personal financial planning to increase teachers' and educational personnel's economic immunity. The research employed mixed methods research. The sample group, Phase 1, consisted of teachers and educational personnel from Udon Thani Province Primary Educational Service Area (PESA) 1-4 and Udon Thani Province Secondary Educational Service Area (SESA) 20, with a total of 388 samplings. Phase 2 comprised 9 experts and phrase 3 comprised 7 experts. Research tools were questionnaires, interview forms and group discussions. The research tools included questionnaire, interview. Statistic tools included percentage, average, standard deviation, and content analysis.
The research results were as follows:
1. Findings on personal financial planning to strengthen the economic immunity of teachers and educational personnel revealed that respondents have a high level of personal financial planning knowledge (= 3.60), a high level of personal financial plaining attitude (=3.51), and a moderate level of personal financial plaining behavior (= 3.35).
2. The model of personal financial planning to strengthen the economic immunity of teachers and educational personnel was composed of 1) educating the knowledge of financial planning 2) building cooperation with financial institutions 3) providing appropriate welfare to newly recruited government officers 4) monitoring the financial planning and 5) investment model, according to the findings.
3. Nine experts criticized and confirmed the researcher's generated model of personal financial planning to the economic immunity of teachers and educational personnel, stating that the model of personal financial planning to the economic immunity of teachers and educational personnel is conformed in all aspects and issues.