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This paper to seek discuss the importance and the roles of Parental Financial Socialisation (PFS) in today present life. This paper seeks to discuss the function of PFS in ensuring healthy financial behaviour and prudent financial practices. Further, this paper later expanded from concept and definitions of PFS to the benefits roles played by parents as financial socialisation agents. Significantly, PFS able to influence youth to be more financial literate, transform youth to change for more prudent financial management and provide them with competencies to manage their money management effectively.
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In-Text Citation: (Bakar & Bakar, 2020)
To Cite this Article: Bakar, M. Z. A., & Bakar, S. A. (2020). Parental Financial Socialisation: Pathways to Positive Financial Behaviour. International Journal of Academic Research in Business and Social Sciences, 10(6), 54–62.
Copyright: © 2020 The Author(s)
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