# Financial Knowledge Mean Verbal Rank

Interpretation

1 I understand things related to Banking like savings, deposits, 4.284 1

checks, and loans.

2 I am knowledgeable about inflation, interest rates, and price 3.912 4

index.

3 I know different investment options like equity and debt 3.802 5

securities.

4 I can clearly understand simple and basic financial 4.14 3

terminologies.

5 I am aware of things about credit and borrowings. 4.244 2

Financial Knowledge Weighted Mean: 4.0764

Table 1: Mean and Rank of Financial Knowledge of the Millennial Facebook Friends

Table 2: Mean and Rank of Financial Attitude of the Millennial Facebook Friends

# Financial Attitude Mean Verbal Rank

Interpretation

1 I think it is important to keep financial records and transactions. 4.66 1

2 I believe that expenses should be made less than my income. 4.644 2

3 I feel setting aside money for savings and investment is 4.626 3

important.

4 I value things and ways in which I can manage and maximize 4.592 4
my money.

5 I think I have the ability to control my financial situation. 4.234 5

Financial Attitude Weighted Mean: 4.5512

 Table 3: Mean and Rank of Financial Behavior of the Millennial Facebook Friends

# Financial Attitude Mean Verbal Rank

Interpretation

1 I do tracking and budgeting with my spending. 4.122 3

2 I pay my bills and debts on time. 4.41 2

3 I read so I can gain more financial knowledge. 4.056 4

4 I save and invest my excess funds to grow my money. 4.022 5

5 Before making a purchase, I compare prices and decide if I can 4.454 1

afford it.

Financial Behavior Weighted Mean: 4.2128

Table 4: Mean and Rank of Financial Psychographic Factors of the Millennial Facebook Friends

# Financial Psychographic Factors Mean Verbal Interpretation Rank

1 Financial Knowledge 4.0764 3

2 Financial Attitude 4.5512 1

3 Financial Behavior 4.2128 2