Research the influence of financial knowledge affecting students' intention to use personal financial management apps in Ho Chi Minh City

Abstract

The rise of financial service applications today is known as a trend that utilizes technology on mobile platforms to easily access financial services and transactions. Many individuals opt for integrated electronic transaction services with electronic consumption management to facilitate transactions and track their online transactions. This consumption trend has been popular worldwide for a long time, with the first appearance being the Quicken application in 1983. However, in Vietnam, this service has only become popular in recent years. Observing the current financial management applications in Vietnam, some prominent factors integrate transactions and financial management, providing convenience in spending and saving for consumers such as MoMo Wallet. Other applications focus more on management capabilities and offer a variety of features to meet expenditure management needs, including tracking income and expenses, financial planning, bank account management, or daily expense notes, such as Money Lover, Mobivi, etc. It can be seen that these applications all aim primarily at financial management. However, different applications have differences in the choice of integrating their features, thereby providing different experiences for consumers. Therefore, this study is conducted to understand more about the intention to use personal finance management applications. Specifically, this topic focuses on identifying the factors influencing the intention to use personal finance management applications among students in Ho Chi Minh City and measuring the level of influence of each factor. Data were collected from a survey of 241 students from various universities in Ho Chi Minh City. The research model is based on several theoretical foundations including the Theory of Planned Behavior, the Technology Acceptance Model, and previous studies. The research results show... From there, the study provides information to support lecturers in training financial knowledge for students. At the same time, it recommends organizations and service providers