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The Nexus between Personality Traits and Financial Self-Efficacy of College Students

Year: 2025

Type: article

Abstract: This quantitative correlational study explores the relationship between personality traits and financial self-efficacy among college students. Data were collected online through Google forms using validated instruments and respondents were identified using stratified random sampling. The study employed descriptive statistics and regression analyses using Jamovi and SmartPLS 4.0 softwares. Anchored in the Big Five Personality Traits model and Financial Self-Efficacy Theory, the results showed that the research constructs meet validity and reliability standards. Findings revealed that Conscientiousness and Extraversion positively influence financial self-efficacy, while Neuroticism has a negative effect. These results highlight the role of personality traits in shaping financial self-efficacy among students.

Source: American Journal of Financial Technology and Innovation

DOI: 10.54536/ajfti.v3i1.3926

Authors: Lady Bea Tejano, Jamaine Rafaella Larracochea, Ashly Mae Pardillo, Byrel Nicole Lanzaderas, Ralph Joe Dologuin, Christian Enad, Mark Joshan Veyra, Mark Joel Ortiz, John Harry Caballo, Dianne Mariz Nacua Obenza-Tanudtanud

Institutions: University of Mindanao, Department of Education

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Quality education

Open Access status: diamond

OpenAlex ID: W4408545169

FWCI:

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