Citation

Shafee, Nur Baiti and Mohamed, Zuraina Sal Salbila and Suhaimi, Shadia and Hashim, Haniza and Mohd, Siti Nurul Huda (2024) Credit Card and Compulsive Buying Behavior Among the Generation Z (Gen Z) in Malaysia. In: Lecture Notes in Networks and Systems.

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Abstract

Compulsive buying behavior, especially among young adults, presents significant challenges with far-reaching consequences. It can profoundly affect multiple aspects of their lives, including their financial well-being, mental health, and overall quality of life. Through a quantitative approach, we collected and analyzed data from a sample of 276 respondents belonging to the Gen Z cohort. The findings reveal the key determinants and contributing factors to compulsive buying behavior using credit card, shedding light on the influence of financial literacy, technology advancement and peer and social media influence. These insights can be valuable for policymakers, financial institutions, and educators in developing strategies to promote responsible financial behavior among Gen Z and mitigate the negative consequences associated with compulsive buying.

Item Type:	Conference or Workshop Item (Paper)
Subjects:	H Social Sciences > HG Finance > HG3691-3769 Credit. Debt. Loans. Including credit institutions, credit instruments, consumer credit, bankruptcy
Divisions:	Faculty of Business (FOB)
Depositing User:	Ms Nurul Iqtiani Ahmad
Date Deposited:	05 May 2024 23:51
Last Modified:	05 May 2024 23:51
URII:	http://shdl.mmu.edu.my/id/eprint/12427

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