Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Asia Pacific Journal of Management and Education
Zhe, Ang Jun
Unknown Affiliation
Education Languange, Linguistic, Communication & Media Other

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
From Cash to Clicks: Examining the Effects of E-Wallet Usage on Financial Literacy, Spending Behavior, Financial Stress, and Well-Being Among Malaysian Undergraduates Kee, Daisy Mui Hung; Bin Abdul Rashid, Amsyar Nurhakim; Kiu Fu, Alvin Tieu; Zhe, Ang Jun; Binti Allias, Arissa Sorfena
Asia Pacific Journal of Management and Education (APJME) Vol 8, No 3 (2025): November 2025
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/apjme.v8i3.4254

Abstract

This study investigates how e-wallet usage affects financial literacy, spending behavior, financial stress, and financial well-being among Malaysian undergraduates. Using a quantitative, cross-sectional survey design, data were collected from 200 students across public and private universities using an online questionnaire distributed via Google Forms. The results analyzed through SPSS 26 involved descriptive statistics, Pearson correlation, and multiple regression. The findings revealed significant positive correlations among all variables (p .01). Regression results showed that financial literacy (? = 0.751, p .001) and spending behavior (? = 0.074, p .05) significantly influenced financial well-being, explaining 62.8% of the variance (R² = 0.628). Conversely, e-wallet usage (? = -0.022) and financial stress (? = 0.105) were insignificant predictors. The study concludes that while digital payment systems enhance financial access, their impact on financial stability depends heavily on financial literacy and responsible spending. These findings imply that universities should integrate financial literacy education into digital finance programs to ensure balanced e-wallet usage and improved student financial well-being.
Co-Authors Bin Abdul Rashid, Amsyar Nurhakim Binti Allias, Arissa Sorfena Kee, Daisy Mui Hung Kiu Fu, Alvin Tieu