A Study of Personal Money Management Perspectives and Their Influence on Financial Planning：A case Study of the Taipei Elementary School Teachers

• Main Authors: Wang Chuan-Ti, 王傳蒂
• Other Authors: Hsu Shu-Min
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/42045709565534462085

碩士 === 臺北市立教育大學 === 社會科教育研究所 === 94 === The purpose of this study is to understand the relation between elementary school teachers’ personal money-management perspectives and their financial planning and analyze the connection between money-management perspective and financial planning. This study was mainly conducted by questionnaires with complementary interviews. The questionnaire of this study was initially designed by the author and further analyzed in terms of expert validity and random sampling reliability. Most of the interviewees are female, aged from 26 to 35 with teaching experiences around 6 to 10 years, married with children. In addition, eight elementary school teachers with different background are interviewed in person in the survey so as to let us understand more about the personal money-management perspective of the general elementary school teachers. The study discovers that the general money-management perspectives of the elementary school teachers are positive. Meanwhile, among the four elements of the money management perspective –subjective viewpoints, financial planning, money-management interests, retirement perspective, the elementary school teachers show low interest in money management. A significant difference in money-management perspective was noticed among teachers from different personal or family background. Compared to female teachers, the male teachers show more interest in money management, retirement system and retirement planning. In terms of the financial planning, the first three financial goals of the interviewees are “personal risk prevention,” “saving money,” and “preparing for expenses after retirement.” As to the options for investment tools, elementary school teachers mainly gather their money-management information by “reading related information” and from their “colleagues and friends”. Their main concern for investment tools is the investment risk and their current investment tools are mostly bank deposits, money-saving insurance, and funds. In retirement planning, those already planned for their expenses after retirement and those not are 50-50. In general, personal money-management perspective has significant influence on the financial planning in terms of financial goals, investment tool selection, and retirement planning.