The Difference of the Attitude Towards Money Among Adult Mongolians

摘要

The study presents the attitude towards money among adult Mongolians.The research focused on differences of the attitude towards money related to age,gender,and employment in Mongolian people.The aim of this study was to examine the differentiation of the attitude towards money of adult Mongolians related to satisfaction with life,the sense of security,and the role of socio-demographical parameters,such as age,gender,and employment.People’s attitudes towards money seem to be acquired through education,professional experience,and monetary habits.People perceived money as a symbol of a sense of security,a marker of achievement or status,and the source of worry or anxiety.Researchers noted that money has a multi-dimensional psychological meaning.The research sample consisted of Mongolian people:A group of 300 Mongolians.The age of participants varied from 21 to 60 years old.Statistical Version 10.0 was used to analyze the data.The results showed that the attitude towards money depends on the satisfaction with life,the sense of security,and were different by gender and employment.Mongolians have strong tendencies to use money as a symbol of power and status.However,this tendency is stronger in the group of men in comparison to women,in this culture.Retention-Time was bigger differentiated by variable employment.According to the results,there was no significant difference in age.Furthermore,there were negative association between satisfaction with life and distrust in the group.They who have financial worry seem to be less satisfied with their life.The most number of people in Mongolian sample evaluated own income as average.The percentages of personal professional activity were the highest than another category in the group.The results of statistical analysis showed that differences of frequencies of some components of economic security were significant in the sample.In sum,our study will contribute to knowledge about the importance of general life satisfaction and feeling security on the attitude toward money.The results may be useful to create the program of economic education and program that will change attitude toward money.The results provide information about the cultural difference.The knowledge may be useful for better understanding other nations and integrating people from different cultures.