Home⇛Psychology and Education: A Multidisciplinary Journal⇛vol. 36 no. 6 (2025)

Self-Control, Financial Literacy, and Behavior among Employees in Higher Education Institution

Sheila Marie Colastre | Edzin Espina | Nenita I. Prado

Discipline: others in psychology

 

Abstract:

This study observed how financial behavior, financial literacy, and self-control relate to one another among higher education staff members. The aim was to understand the impact of these factors on their financial decisions and general financial wellbeing. Questionnaires were used to assess university employees' self-control, financial conduct, and financial understanding from different departments. The results showed that higher financial knowledge was linked to better financial habits. Additionally, self-control was found to influence how financial knowledge affected behavior, with people with more self-control making smarter financial decisions. The study offers valuable insights into how psychological and educational factors impact financial outcomes for university employees. It also emphasizes how crucial financial education initiatives are to enhancing workers' financial security and decision-making abilities. The study examines the connections between employees' behavior, financial literacy, and self-control using descriptive correlational and causal research methods. The outcomes show that participants, primarily young, female, single, and educated, generally demonstrate good financial behaviors, financial literacy, and self-control, particularly regarding responsibility management and financial knowledge—emphasizing the necessity of better financial education. Improving employees' self-control and financial knowledge may improve their financial results.



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