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Effect of Financial Skills, Knowledge, and Attitude on The Financial Behaviour of Clergy

Authors

Wasswa Asaph Senoga

Bishop Tucker School of Theology and Divinity, Uganda Christian University, Mukono (Uganda)

Article Information

DOI: 10.51244/IJRSI.2025.120800037

Subject Category: Management

Volume/Issue: 12/8 | Page No: 390-415

Publication Timeline

Submitted: 2025-08-22

Accepted: 2025-08-29

Published: 2025-09-01

Abstract

Financial literacy, covering knowledge, skills, and attitudes toward money, may empower clergy to make more discerning financial decisions. This study examined how the financial knowledge, skills, and attitudes of clergy in the Mukono diocese influenced their financial behaviour. The data collection approach employed was quantitative research, and 94 clergy from the Mukono diocese were selected using purposive sampling. We employed multiple linear regression analysis. The results reveal that financial knowledge, financial skills, and financial attitudes all exert a significant effect on financial behaviour. We evaluated hypotheses H1, H2, and H3, and all three were affirmed. The independent factors X1 (financial skills), X2 (financial knowledge), and X3 (financial attitudes) significantly positively influence the dependent variable (financial behaviour). This survey indicates that clergy possess considerable financial acumen. Clergy can demonstrate responsibility and awareness by utilizing their financial skills, knowledge, and attitudes to make more insightful decisions.

Keywords

Financial literacy, financial behaviour, financial attitudes, financial knowledge, financial skills

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