Examining the Role of Financial Intelligence Quotient (FiQ) in Explaining Credit Card Usage Behavior: A Conceptual Framework

Over the years of assessing individual's general intelligence via intelligence quotient (IQ) test, behavioural scientists and academicians have also explored other areas in measuring intelligence, which include emotion, social and spiritual, among others. Even though financial intelligence has also been quoted mostly in organizational context, it has not been conceptualise and operationalize by academics and explore this concept on individual level card consumption. The purpose of this study is to develop a model of financial intelligence and its measurement, deliberated in terms of its effect on behavioural intention towards credit card spending and repayment behaviour of young urban Malaysian adults. The data for this study will be gathered through questionnaires, conveniently distributed to respondents within the age of 25 to 40 years old who work and reside in urban area in Klang Valley. This paper presents a platform for future research to explore crucial issues pertaining to financial intelligence and financial behaviour particularly in the Malaysian context.