The Use of Financial Literacy for Growing Personal Finance

Financial literacy played an important role for everyone in managing personal finances.This research aimed to determine how the level of financial literacy in students S1 Faculty of Economics and Business, Universitas Pasundan and investigate what factors are influencing it. The observed respondents...

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Main Authors: Ardi Gunardi, Mochammad Ridwan, Gugum Mukdas Sudarjah
Format: Article
Language:English
Published: Universitas Merdeka Malang 2017-07-01
Series:Jurnal Keuangan dan Perbankan
Subjects:
Online Access:http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1489
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author Ardi Gunardi
Mochammad Ridwan
Gugum Mukdas Sudarjah
author_facet Ardi Gunardi
Mochammad Ridwan
Gugum Mukdas Sudarjah
author_sort Ardi Gunardi
collection DOAJ
description Financial literacy played an important role for everyone in managing personal finances.This research aimed to determine how the level of financial literacy in students S1 Faculty of Economics and Business, Universitas Pasundan and investigate what factors are influencing it. The observed respondents were students from the Faculty of Economics and Business, Universitas Pasundan. The research data was collected through questionnaires,descriptive analysis, and test multinominal logit. Based on the results of the research showed that the level of financial literacy from undergraduate students Universitas Pasundan was in the low category. Financial literacy was determined by gender, Greater Academic Achievement (GPA), parental education level, and parental income level;,whereas for age, year of study and residence do not contribute to the research model. The results of this study were expected to support personal financial planning of students in improving the skills of reading, analyzing, and managing their own finances, thus avoiding the daily financial problems.
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spelling doaj.art-b14bd40235e44522aaad9ab71484a9692022-12-22T02:49:36ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872017-07-01213446458The Use of Financial Literacy for Growing Personal FinanceArdi Gunardi0Mochammad Ridwan1Gugum Mukdas Sudarjah2Department of Management, Faculty of Economics and Business, Universitas PasundanDepartment of Accounting, Faculty of Economics and Business, Universitas PasundanDepartment of Development Economics, Faculty of Economics and Business, Universitas PasundanFinancial literacy played an important role for everyone in managing personal finances.This research aimed to determine how the level of financial literacy in students S1 Faculty of Economics and Business, Universitas Pasundan and investigate what factors are influencing it. The observed respondents were students from the Faculty of Economics and Business, Universitas Pasundan. The research data was collected through questionnaires,descriptive analysis, and test multinominal logit. Based on the results of the research showed that the level of financial literacy from undergraduate students Universitas Pasundan was in the low category. Financial literacy was determined by gender, Greater Academic Achievement (GPA), parental education level, and parental income level;,whereas for age, year of study and residence do not contribute to the research model. The results of this study were expected to support personal financial planning of students in improving the skills of reading, analyzing, and managing their own finances, thus avoiding the daily financial problems.http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1489Financial LiteracyGenderGPAParental Income LevelParental Education LevelPersonal FinanceStudent
spellingShingle Ardi Gunardi
Mochammad Ridwan
Gugum Mukdas Sudarjah
The Use of Financial Literacy for Growing Personal Finance
Jurnal Keuangan dan Perbankan
Financial Literacy
Gender
GPA
Parental Income Level
Parental Education Level
Personal Finance
Student
title The Use of Financial Literacy for Growing Personal Finance
title_full The Use of Financial Literacy for Growing Personal Finance
title_fullStr The Use of Financial Literacy for Growing Personal Finance
title_full_unstemmed The Use of Financial Literacy for Growing Personal Finance
title_short The Use of Financial Literacy for Growing Personal Finance
title_sort use of financial literacy for growing personal finance
topic Financial Literacy
Gender
GPA
Parental Income Level
Parental Education Level
Personal Finance
Student
url http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1489
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