Financial management behavior of Indonesian banking customer based on individual literacy level
The purpose of this study is to examine the relationship between financial literacy, educational attainment, and income level and financial management behavior. Individuals must demonstrate excellent financial management abilities in order to avoid financial difficulties. The level of financial lit...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
IEECA
2023-03-01
|
| Series: | Journal of Eastern European and Central Asian Research |
| Subjects: | |
| Online Access: | https://ieeca.org/journal/index.php/JEECAR/article/view/988 |
| _version_ | 1811158623358812160 |
|---|---|
| author | Yuli Agustina Charlotte Davis Shabilla Berliana Haryono |
| author_facet | Yuli Agustina Charlotte Davis Shabilla Berliana Haryono |
| author_sort | Yuli Agustina |
| collection | DOAJ |
| description |
The purpose of this study is to examine the relationship between financial literacy, educational attainment, and income level and financial management behavior. Individuals must demonstrate excellent financial management abilities in order to avoid financial difficulties. The level of financial literacy can be used to assess financial management behavior. Along with financial literacy, there are educational and income levels to consider. As a result, the researchers included variables for education level and income level. Customers of the BRI bank branch in Madiun City were included in this study. The sample consisted of 205 respondents who were chosen through a process known as purposive sampling. The study gathered data from primary and secondary sources. Primary data were collected from respondents through a questionnaire, while secondary data were gathered from the literature. Structural Equation Modeling (SEM) was used to process the data in this study, along with the SmartPLS application program. This study found that financial literacy positively impacts financial management behavior. On the other hand, neither education nor income has an effect.
|
| first_indexed | 2024-04-10T05:27:16Z |
| format | Article |
| id | doaj.art-ba0d7d4e8f874f7188b516b541202890 |
| institution | Directory Open Access Journal |
| issn | 2328-8272 2328-8280 |
| language | English |
| last_indexed | 2024-04-10T05:27:16Z |
| publishDate | 2023-03-01 |
| publisher | IEECA |
| record_format | Article |
| series | Journal of Eastern European and Central Asian Research |
| spelling | doaj.art-ba0d7d4e8f874f7188b516b5412028902023-03-07T17:21:20ZengIEECAJournal of Eastern European and Central Asian Research2328-82722328-82802023-03-0110210.15549/jeecar.v10i2.988Financial management behavior of Indonesian banking customer based on individual literacy levelYuli Agustina0Charlotte Davis1Shabilla Berliana Haryono2Universitas Negeri MalangConcord University, Athens, WVUniversitas Negeri Malang The purpose of this study is to examine the relationship between financial literacy, educational attainment, and income level and financial management behavior. Individuals must demonstrate excellent financial management abilities in order to avoid financial difficulties. The level of financial literacy can be used to assess financial management behavior. Along with financial literacy, there are educational and income levels to consider. As a result, the researchers included variables for education level and income level. Customers of the BRI bank branch in Madiun City were included in this study. The sample consisted of 205 respondents who were chosen through a process known as purposive sampling. The study gathered data from primary and secondary sources. Primary data were collected from respondents through a questionnaire, while secondary data were gathered from the literature. Structural Equation Modeling (SEM) was used to process the data in this study, along with the SmartPLS application program. This study found that financial literacy positively impacts financial management behavior. On the other hand, neither education nor income has an effect. https://ieeca.org/journal/index.php/JEECAR/article/view/988Financial LiteracyLevel of EducationIncome LevelFinancial Management Behavior |
| spellingShingle | Yuli Agustina Charlotte Davis Shabilla Berliana Haryono Financial management behavior of Indonesian banking customer based on individual literacy level Journal of Eastern European and Central Asian Research Financial Literacy Level of Education Income Level Financial Management Behavior |
| title | Financial management behavior of Indonesian banking customer based on individual literacy level |
| title_full | Financial management behavior of Indonesian banking customer based on individual literacy level |
| title_fullStr | Financial management behavior of Indonesian banking customer based on individual literacy level |
| title_full_unstemmed | Financial management behavior of Indonesian banking customer based on individual literacy level |
| title_short | Financial management behavior of Indonesian banking customer based on individual literacy level |
| title_sort | financial management behavior of indonesian banking customer based on individual literacy level |
| topic | Financial Literacy Level of Education Income Level Financial Management Behavior |
| url | https://ieeca.org/journal/index.php/JEECAR/article/view/988 |
| work_keys_str_mv | AT yuliagustina financialmanagementbehaviorofindonesianbankingcustomerbasedonindividualliteracylevel AT charlottedavis financialmanagementbehaviorofindonesianbankingcustomerbasedonindividualliteracylevel AT shabillaberlianaharyono financialmanagementbehaviorofindonesianbankingcustomerbasedonindividualliteracylevel |