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322076

Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction

Article

Last updated: 04 Jan 2025

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Tags

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Abstract

In this study, financial knowledge is functioned as a mediator variable to reveal how investors' attitudes toward money influence their financial satisfaction. The questionnaire is conducted to assess the validity of the constructs and the interrelationships between the variables, as well as to give relative weights to the assessment criteria for money attitude and its effect on financial satisfaction. Money Attitude (MA) is a measure of attitude about money that is broken down into four primary categories: avoidance, worship, status, and vigilance. A sample of 400 respondents was used. Partial Least Square Modeling (Smart-PLS) version 3.0 software was employed for analyzing data. The findings indicated that there is a significant relationship between money attitude and financial satisfaction. Also, the attitude toward money has a significant effect on financial knowledge. Moreover, it suggested that there is a significant effect of financial knowledge as a mediator variable on the relationship between money attitude and financial satisfaction of individuals in the Egyptian Stock Exchange.

DOI

10.21608/csj.2023.322076

Keywords

Financial Knowledge, Mediator, Money Attitude, Financial Satisfaction

Authors

First Name

Samira

Last Name

Allam

MiddleName

-

Affiliation

Faculty of Commerce Ain Shams University

Email

samiraallam1988@gmail.com

City

Cairo

Orcid

0000-0002-8059-4667

First Name

Mona

Last Name

Khalil

MiddleName

-

Affiliation

High Institute for Computer and Information Systems

Email

dr.mona.khalil@aboukir-institutes.edu.eg

City

Alexandria

Orcid

0009-0002-0474-1378

Volume

9

Article Issue

16

Related Issue

42399

Issue Date

2023-07-01

Receive Date

2023-04-06

Publish Date

2023-07-01

Page Start

435

Page End

471

Print ISSN

2356-9255

Online ISSN

2356-9263

Link

https://csj.journals.ekb.eg/article_322076.html

Detail API

https://csj.journals.ekb.eg/service?article_code=322076

Order

322,076

Type

المقالة الأصلية

Type Code

1,297

Publication Type

Journal

Publication Title

مجلة الدراسات التجارية المعاصرة

Publication Link

https://csj.journals.ekb.eg/

MainTitle

Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction

Details

Type

Article

Created At

25 Dec 2024