Benefit of personal financial knowledge development to employees work in Bangkok.

Abstract

Most corporations are looking for profit. They try to make themselves distinguished from their competitors. It sounds to be an easy task, but it is tough to find the right way. To make it happen, all employee needs to understand what they do using their existing knowledge and experience to fit their profession demand. Knowledge of finance can be a basic knowledge for all employees to have a correct understanding of the company primary goal. This study analyses information received from answered questions of research participants for the benefits they achieve when they develop their financial knowledge and how a corporation can apply these findings into practice. The study found four benefits and it was clear that these benefits could support research participants to perform a correct financial plan in their personal life. When the correct plan had been implemented, well-being was possible. Financial knowledge could also support them to be able to make a better decision but it was not clear overall that it could support career development and increase productivity.