Factor Affecting Sufficient Savings of Households in Bangkok Area and Perimeters

Abstract

The objectives of this research are 1) to study the savings behavior of household in Bangkok Area and Perimeters and 2) to study the factors affecting household savings in Bangkok Area and Perimeters. The population which used in this study lived in Bangkok Area and Perimeters such as: Bangkok, Samutprakran, Nonthaburee, Pathumthanee, Nakornprathom, and Samudsakorn.  A questionnaire was collected for 400 households and analyzed the data with statistics, including: frequency, percentage, mean and standard deviation. and an ordered logistic regression model. From the research, we found that factors that affect household savings are: average monthly household income, the number of dependent household members includes children under the age of 15, the elderly age 60 and over and the disabled, the amount of household debt. Therefore, guidelines for increasing the savings capacity of the household. Households should be encouraged to bring a portion of their additional income to save and create a saving discipline. The government sector should have fiscal measures to help reduce household expenditures for taking care of dependent household members in order to increase their savings capacity. In addition, the government should pay more attention to financial planning knowledge to reduce household debt problems.