Saving behavior and Saving promotion of the Support and the Academic Staffs, Navamindradhiraj University

Abstract

The objectives of this study were 1) to study the saving behavior of the support and the academic staffs and 2) to study the saving promotion of the support and the academic staffs. The results showed that 1) the support staffs mostly had the savings in both financial institutions; the banks and other forms of savings in non- financial institutions; the gold and life’s insurance. 2) It revealed that the university usually promoted the saving methods such as the BMA Savings and Credit Cooperation Limited and the Provident Fund, etc. Most of the staffs agreed with these savings methods. Consequently, the administrators could further utilize the research results to make the efficient saving guideline or the policy. 1,000-5,000 Baht and the goal of saving to be used as a source of funds in the future and for spending in old age/ sickness. For academic staff most of them have expenses for accommodation or housing on average 14,084.8 Baht per month. Most of their savings are saved in both financial institutions and other forms of savings in financial institutions will choose to save in the form of bank deposits the most. For all other forms of savings, most of them are in gold and the purchase of insurance and 2) Promotion of savings of Navamindradhiraj University, Provident Fund, etc. Most agree with the promotion of such savings, so the administrators of Navamindradhiraj University. The aforementioned research findings can be taken into account in developing guidelines or policies to promote effective savings in the future