THE COMPARISON OF FINANCIAL PLANNING BEFORE AND DURING COVID-19 PANDEMIC OF WORKABLE-AGED PERSONS IN BANGKOK

Abstract

The objectives of this research are: 1) to study the financial planning of workable-aged persons in Bangkok before and during the COVID-19 pandemic, 2) to compare the financial planning of workable-aged persons in Bangkok before and during the COVID-19 pandemic, and 3) to compare the financial planning of working age in Bangkok before and during the COVID-19 pandemic, classified by personal factors. Questionnaire was used to collect the data from 400 persons aged between 20-60 years old and lived in Bangkok. Statistical techniques used to analyze the data include percentage, mean, standard deviation, Paired-Sample t-test, Independent Sample t-test, and One Way ANOVA. The results show that the levels of financial planning of workable-aged persons in Bangkok before and during the COVID-19 pandemic are at high level. The results of comparison of the financial planning before and during the COVID-19 pandemic show that in overall and in each process of financial planning, there is statistically significant different in financial planning of workable-aged persons in Bangkok before and during the COVID-19 pandemic. Workable-aged persons in Bangkok tends to follow the process of personal financial planning during the COVID-19 pandemic more than before the pandemic. Moreover, the results also show that workable-aged persons in Bangkok who have different in age, marriage status, educational level, occupation, and income level, have statistically different in levels of financial planning.