The Nexus between Personality Traits and Financial Self-Efficacy of College Students

This quantitative correlational study explores the relationship between personality traits and financial self-efficacy among college students. Data were collected online through Google forms using validated instruments and respondents were identified using stratified random sampling. The study employed descriptive statistics and regression analyses using Jamovi and SmartPLS 4.0 softwares. Anchored in the Big Five Personality Traits model and Financial Self-Efficacy Theory, the results showed that the research constructs meet validity and reliability standards. Findings revealed that Conscientiousness and Extraversion positively influence financial self-efficacy, while Neuroticism has a negative effect. These results highlight the role of personality traits in shaping financial self-efficacy among students.