scholarly journals The Effect of Financial Self-Efficacy and Financial Knowledge on Financial Management Behavior

2021 ◽  
Vol 1 (1) ◽  
pp. 15-26
Author(s):  
Erny Amriani Asmin ◽  
Muhammad Ali ◽  
Mursalim Nohong ◽  
Ria Mardiana
Keyword(s):  
Financial Management ◽  
Self Efficacy ◽  
Sampling Technique ◽  
Vital Role ◽  
Financial Knowledge ◽  
Management Behavior ◽  
Entrepreneurial Climate ◽  
Managerial Implications ◽  
The Government ◽  
Young Entrepreneurs

This study aims to determine financial knowledge and financial self-efficacy on financial management behavior. All respondents who were sampled in this study were young entrepreneurs who started a business from the beginning as many as 85 respondents, taking samples using a non-probability sampling method with purposive sampling technique. The data is processed using Warp-Pls 7.0 based on multiple regression. Financial self-efficacy and financial knowledge have a positive and significant contribution to financial management Behavior for young entrepreneurs. The results of this study have managerial implications that the government's attention is essential in providing facilities and infrastructure, favorable regulations for SMEs by creating an excellent entrepreneurial climate and facilitating the adoption of information technology so that SMEs can be technology literate. In addition, the relevant government, in this case for SME entrepreneurs' existence helps the government to succeed in development, especially in the economic field, and reduce unemployment. Based on our study states financial self-efficacy and financial knowledge have a positive and significant effect on financial management behavior for young entrepreneurs. Both, play a vital role in helping to build confidence in financial planning and management knowledge, understanding, and being able to overcome all business risks to achieve the expected success.

scholarly journals Pengaruh Financial Literacy, Financial Knowledge, Financial Attitude, Income dan Financial Self Efficacy terhadap Financial Management Behavior Entrepreneur Lulusan Perguruan Tinggi di Surabaya

2021 ◽  
Vol 9 (2) ◽  
pp. 572
Author(s):  
Anglia Dinda Pramedi ◽  
Nadia Asandimitra Haryono
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Self Efficacy ◽  
Structural Equation ◽  
Sampling Technique ◽  
Financial Knowledge ◽  
Primary Data ◽  
Snowball Sampling ◽  
Online Questionnaire ◽  
Management Behavior

Finance is one of the factors in the development of a business. Therefore, the entrepreneur should be able to handle finances well to reach business purposes. Based on the previous studies, the purpose of this research is to determine the effect of several factors such as financial literacy, financial knowledge, financial attitude, income, and financial self-efficacy on financial management behavior. The research sample is 211 entrepreneur who has graduated from college in Surabaya. This research used conclusive causality research with primary data. The sampling technique used purposive sampling and snowball sampling method, and data distribution using an online questionnaire. SEM (Structural Equation Model) used for data analysis technique and using AMOS 24. The hypothesis showed that financial knowledge, income, and financial self-efficacy did not affect financial management behavior, but financial literacy and financial attitude influence financial management behavior. Therefore, the entrepreneur needs to improve financial literacy and financial attitude to manage finance on the business better.

scholarly journals PENGARUH LITERASI KEUANGAN DAN SIKAP KEUANGAN TERHADAP PERILAKU PENGELOLAAN KEUANGAN KELUARGA DI MASA PANDEMI COVID-19 DENGAN SELF EFFICACY SEBAGAI VARIABEL INTERVENING

2021 ◽  
Vol 1 (1) ◽  
pp. 630-644
Author(s):  
Ina Khodijah ◽  
Raden Irna Afriani ◽  
Yuliah Yuliah ◽  
Yollanda Octavitri
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Self Efficacy ◽  
Sampling Technique ◽  
Economic Life ◽  
Primary Data ◽  
P Value ◽  
Management Behavior ◽  
Financial Attitudes ◽  
The Government

The effect of the PSBB or PPKM implemented by the government has changed the economic life of the Indonesian people in general, so that housewives must be able to manage their family finances well. With her knowledge and confidence in managing every family's expenses by adjusting her husband's income. This study aims to examine the effect of Financial Literacy and Financial Attitude on Financial Management Behavior of Women Farmers Group with Self Efficacy as Intervening Variable. This research is a quantitative research with data collection techniques using a questionnaire. The sample is 30 respondents. The sampling technique used is saturated sampling. Primary data processing using path analysis techniques using SMART PLS 3 software. he results of the research hypothesis 1 have a P value of 0.001 so that it rejects Ho and accepts Ha. Hypothesis 2, obtained a P value of 0.027 so that it rejects Ho and accepts Ha. Hypothesis 3, the result of P value is 0.781 so that it accepts Ho and rejects Ha. Hypothesis 4, the result of P value is 0.450 so that it accepts Ho and rejects Ha. And hypothesis 5, the result of P value is 0.773 so that it accepts Ho and rejects Ha. The conclusion is that financial literacy has a significant effect on financial management behavior, while financial attitudes have a significant effect on financial management behavior. And Self Efficacy has no influence on financial management behavior. In addition, the results of the study show that Self Efficacy is not able to mediate financial literacy on financial management behavior and is also unable to mediate between financial attitudes and financial management behavior

Determining Drivers of Financial Management Behavior Among Working Adults In Malaysia

2021 ◽  
Vol 7 (2) ◽  
pp. 161
Author(s):  
Afiza Azura Mohamad Arshad ◽  
Azlin Shafinaz Mohamad Arshad ◽  
Zahariah Mohd Zin ◽  
Arief Wibisono Lubis ◽  
Putri Hana Najla Mohamed Haniffa
Keyword(s):  
Financial Management ◽  
Negative Relationship ◽  
Financial Knowledge ◽  
Survey Questionnaire ◽  
Management Behavior ◽  
Working Adults ◽  
Government Sector ◽  
Management Behaviour ◽  
Convenience Sampling ◽  
The Government

Financial management behavior encompasses of four main fields such as saving, expenditure, borrowing and investment. The purpose of this paper is to determine the driver that influences financial management behavior among Malaysian working adults. A survey questionnaire was distributed to 300 Malaysian working adults in three sectors which are the government sector, private sector and self-employed using convenience sampling. A total of 273 responses were collected and deemed usable. The findings of the study found that financial knowledge and financial attitude have a significant and positive relationship to financial management behaviour among Malaysian working adults while the locus of control has a negative relationship with financial management behavior among Malaysian working adults. Recommendations are put forth at the end of the study.

scholarly journals PERAN PEMEDIASI LOCUS OF CONTROL PADA PENGARUH FINANCIAL KNOWLEDGE DAN FINANCIAL ATTITUDE TERHADAP FINANCIAL MANAGEMENT BEHAVIOR

2021 ◽  
Vol 9 (4) ◽  
pp. 1500-1515
Author(s):  
Bella Cahyaningrum ◽  
Muhammad Ali Fikri
Keyword(s):  
Locus Of Control ◽  
Financial Management ◽  
Sampling Technique ◽  
Positive Influence ◽  
Financial Knowledge ◽  
Primary Data ◽  
Questionnaire Data ◽  
Management Behavior ◽  
Positive Effect ◽  
Special Region

This study aim to determine the effect of financial knowledge and financial attitude towards financial management behavior with locus of control as a mediating variable for students of the Faculty of Economics and Business in Yogyakarta. The population of this study were students of the Faculty of Economics and Business in Yogyakarta, totaling 198,144 respondents. Sampling in this study used purposive sampling technique by using several criteria, namely students of the Faculty of Economics and Business in the Special Region of Yogyakarta, class 2016-2019 because students have studied finance-related subjects that have been studied in lectures, so that students have an understanding and knowledge of finance. The number of samples in this study were 96 respondents. The technique of collecting data by using a questionnaire. Data analysis tools using SmartPLS version 3.0 software. the type of data used is primary data. Direct significance testing of the hypothesis shows that financial knowledge has a positive effect on financial management behavior. Locus of control mediates the positive influence of financial knowledge on financial management behavior. Financial attitude has a positive effect on financial management behavior. Locus of control mediates the positive effect of financial attitude on financial management behavior.

scholarly journals THE INFLUENCE OF FINANCIAL INFORMATION, FINANCIAL SELF EFFICACY, AND EMOTIONAL INTELLIGENCE TO FINANCIAL MANAGEMENT BEHAVIOR OF FEMALE LECTURER

2020 ◽  
Vol 7 (6) ◽  
pp. 1112-1124
Author(s):  
Nadia Asandimitra ◽  
Achmad Kautsar
Keyword(s):  
Emotional Intelligence ◽  
Financial Literacy ◽  
Financial Management ◽  
Self Efficacy ◽  
Psychological Factors ◽  
Private Universities ◽  
Financial Information ◽  
Financial Knowledge ◽  
Financial Behavior ◽  
Management Behavior

Purpose of the study: The purpose of the study was to compare the financial information, financial self-efficacy and emotional intelligence on the financial management of women lecturer in state and private university. Methodology: This study was designed as a conclusive causality study. The study population was female lectures of state and private universities in Indonesia. From the population, there are two hundred (200) female lectures from a state university and private universities have selected as a sample of study by quota sampling method. The data collection techniques used in this research are interviews and surveys. Multiple regressions was chosen to get results with the SPSS tools. Main Findings: There is an influence of financial knowledge, financial self-efficacy, financial literacy, and emotional intelligence to the financial management behavior of female lecturers at state universities while there is no influence of financial attitude, financial literacy, and emotional intelligence to the financial management [behavior] of female university lecturers in private universities. Applications of this study: The results of this study will be beneficial for financial institutions and governments that usually hold education and training programs for their customers to increase financial knowledge so as to increase the confidence of their customers (including lecturers) in their ability to manage finance. Furthermore, this knowledge will be conveyed back to the students of the lecturer in the learning process about finance, so that it will indirectly increase the financial literacy of their students and society at large. Novelty/Originality of this study: Many researches about financial behavior topics have analyzed financial information factors’ influence on financial management behavior, but few of them have included psychological factors such as financial self-efficacy and emotional intelligence. This distinguishes this research compared to other studies of financial behavior as it analyzes the two effects of psychological factors on financial management behavior. Another novelty of this study is the selection of female lecturer as research object as their characteristic as well-informed and well-educated about financial management that has not observed by previous studies.

scholarly journals Antecedents Behavioral of the Millennial Generation Financial Management

2019 ◽  
Vol 8 (4) ◽  
pp. 1583-1588
Keyword(s):  
Financial Management ◽  
Millennial Generation ◽  
Sampling Technique ◽  
Financial Knowledge ◽  
Primary Data ◽  
Management Behavior ◽  
Financial Attitudes ◽  
Program Testing ◽  
Knowledge And Attitudes ◽  
Test Feasibility

The purpose of this study is to uncover the antecedents of millennial generation financial management behavior with two important variables, namely financial knowledge and attitudes toward finance. The sampling technique is purposive, the sample used is 100 millennial generations. The sampling technique is by selecting respondents including the millennial generation, which was born in 1978-2000. The data source used is primary data obtained through the results of questionnaire collection to millennial generations. The technique for analyzing is the technical regression analysis using the WarpPLS software program. Testing is done by instrument test, feasibility of the model and finally testing the hypothesis. The results of the study show that financial knowledge influences the management behavior of millennial generation, financial attitudes influence the behavior of the financial management of millennial generations. So that it can be concluded that financial knowledge and attitudes towards finance are important antecedents of millennial generation financial management behavior because financial knowledge and financial attitudes influence the behavior of millennial generation financial management.

scholarly journals Determinan Perilaku Pengelolaan Keuangan pada UMKM di Kabupaten Kediri

2021 ◽  
Vol 31 (10) ◽  
pp. 2467
Author(s):  
Faradila Larasaty ◽  
Makaryanawati Makaryanawati ◽  
Rizka Furqorina
Keyword(s):  
Linear Regression ◽  
Financial Planning ◽  
Financial Management ◽  
Sampling Method ◽  
Sampling Technique ◽  
Self Control ◽  
Financial Knowledge ◽  
Management Behavior ◽  
Convenience Sampling ◽  
Positive Effect

This study aims to determine the effect of financial knowledge, financial planning and self-control on MSME's financial management behavior. The sampling technique in this study uses convenience sampling method. Data collected using questionnaire. This research used a quantitative approach and the analytical method used multiple linear regression. The results of this study are financial knowledge and financial planning have a positive effect on MSME's financial management behavior. Self control has no significant effect on the financial management behavior of SMEs. Based on the results of the study, the average respondent has good financial knowledge and has carried out financial planning well so there is good financial management behavior. Keywords: Financial Knowledge; Financial Planning; Self Control; MSME`s Financial Management.

scholarly journals FINANCIAL KNOWLEDGE, FINANCIAL ATTITUDE, AND FINANCIAL MANAGEMENT BEHAVIOR: SELF–CONTROL AS MEDIATING

2020 ◽  
Vol 28 (1) ◽  
pp. 105-132
Author(s):  
Indra Siswanti
Keyword(s):  
Financial Management ◽  
Total Population ◽  
Sampling Technique ◽  
Self Control ◽  
Financial Knowledge ◽  
Financial Behavior ◽  
Primary Data ◽  
Management Behavior ◽  
Life Pattern ◽  
Practical Implications

Purpose — This research aims to analyze the factors influencing financial management behavior in employees of Islamic University "45" Bekasi because financial behavior is a very important issue at this time. Design/methodology/approach — The sampling technique used for this research is purposive sampling with the total population is 305 employees and samples taken were 81 employees. The data used primary data and analyzed data using smart PLS. Findings — The results of the research state that financial knowledge has a significant effect on financial management behavior, the financial attitude has a significant effect on financial management behavior, self-control has a significant effect on financial management behavior, financial knowledge has a significant effect on self-control, the financial attitude has a significant effect on self-control, self-control mediated the partial effect of financial knowledge on financial management behavior, and self-control mediated the partial effect of financial attitudes on financial management behavior. Practical Implications — Financial knowledge does affect Indonesian people on how they manage their financial behavior and attitude. Originality/value — This research is related to the behavior of Indonesian people who tend to think short-term and tend to have a consumptive life pattern so that it often happens where someone with enough income but still has financial problems.

scholarly journals IDENTIFYING FINANCIAL MANAGEMENT BEHAVIOR IN MILLENIAL GENERATION

2021 ◽  
Vol 7 (2) ◽  
pp. 217-230
Author(s):  
Novia Junita ◽  
Robin Robin ◽  
Yulfiswandi Yulfiswandi
Keyword(s):  
Locus Of Control ◽  
Financial Management ◽  
Financial Knowledge ◽  
Financial Socialization ◽  
Management Behavior ◽  
Financial Attitudes ◽  
Purposive Sampling ◽  
Pocket Money ◽  
Consumer Experiences ◽  
Managerial Implications

ABSTRACTThis study aims to examine the effect of financial knowledge, financial attitudes, financial socialization, locus of control on financial management behavior. The research sample is the millennial generation in Batam City which was selected by purposive sampling method who were born in 1984–1999. Research data were collected by questionnaire. The data were analyzed using normality, validity, heteroscedasticity, and t and F tests. The results of this study concluded that financial knowledge, financial attitudes, primary agents of financial socialization, secondary agents of financial socialization, childhood consumer experiences had a significant positive effect on financial management behavior, while other variables are not significant. The managerial implications are doing financial planning, building a saving pattern, having a sense of responsibility, and setting financial goals. Parents are expected to provide financial concepts since childhood, build the habit of saving since childhood by giving pocket money and teach how to allocate money. ABSTRAKPenelitian ini bertujuan untuk meneliti pengaruh pengetahuan keuangan, sikap keuangan, sosialisasi keuangan, locus of control terhadap perilaku pengelolaan keuangan. Sampel penelitian adalah generasi milenial di Kota Batam yang dipilih dengan metode purposive sampling yang lahir pada tahun 1984–1999. Data penelitian dikumpulkan dengan kuesioner. Data dianalisis menggunakan uji normalitas, validitas, heteroskedesitas, dan uji t dan F. Hasil penelitian ini menyimpulkan bahwa pengetahuan keuangan, sikap keuangan, agen primer sosialisasi keuangan, agen sekunder sosialisasi keuangan, pengalaman konsumen masa kecil berpengaruh signifikan positif terhadap perilaku pengelolaan keuangan, sedangkan variabel lainnya tidak signfikan. Implikasi manajerial adalah melakukan perencanaan keuangan, membangun pola menabung, memiliki rasa tanggung jawab, dan menetapkan tujuan keuangan. Orang tua diharapkan memberikan konsep keuangan sejak kecil, membangun kebiasaan menabung sejak kecil dengan memberikan uang saku dan mengajarkan cara mengalokasikan uang.

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