Mobile Applications for Personal Finance Management: Technology Acceptance Perspective

Abstract

This paper deals with the perspectives of accepting mobile application technologies in the function of personal finance management. The paper uses the UTAUT2 model, a technology acceptance model that focuses on observing technology acceptance, focused on the user-consumer, and the acceptance of technical devices, applications, and services. For measuring user behavior UTAUT2 model includes the following elements (constructs): Performance Expectancy (PE); Effort Expectancy (EE); Social Influence (SI); Facilitating Conditions (FC); Hedonic Motivation (HM); Price Value (PV), and Habit (H). The paper will examine the following elements from the UTAUT2 model: Performance Expectancy (PE); Effort Expectancy (EE); Social Influence (SI); Facilitating Conditions (FC); Hedonic Motivation (HM); Price Value (PV); Habit (H). This paper aims to examine the readiness of an individual to accept and use new technologies of available mobile applications and their functionalities in personal finance management. The results should indicate the satisfaction of potential and existing users of mobile applications for personal financial management and the acceptability of the mentioned applications from the UTAUT2 model, by users. The contribution of this paper is reflected in the fact that research on this topic is being conducted for the first time in Serbia.