Consumptive Behavior and Self-Efficacy towards Financial Management with Financial Literacy as an Intervening Variable

Irma Setyawati

Abstract


The crucial objective of this research is to measure the impact of consumptive behavior, self-efficacy and financial literacy on people's financial management. This research technique is qualitative research. The population of this research is young workers in Bandung with purposive sampling technique with the acquisition of 32 questionnaire data samples. The benchmark used is male or female, aged 17-35 years, already working, and domiciled in Bandung. The results of the study show that consumptive behavior has no positive effect on financial management. Self-efficacy has a positive effect on financial management and self-efficacy on financial management with financial literacy as an intervening variable has a positive influence on young workers in Bandung.


Keywords


Consumptive behavior; self-efficacy; financial management, financial literacy

Full Text:

PDF

References


Aribawa. (2016). the Effect of Financial Literacy on the Performance and Sustainability of MSMEs in Central Java.

Dewi, N., & Sunarto, S. (2017). The Influence of Family Environment, Peers, Self Control and Literacy. 6(1), 29–35.

Ichsan, R. et al. (2021). Determinant of Sharia Bank's Financial Performance during the Covid-19 Pandemic. Budapest International Research and Critics Institute-Journal (BIRCI-Journal). P. 298-309.

Indah Lely Cristanti, Dwi Iga Luhsasi, DSS (2021). Covid-19 Pandemic: Influence of Consumptive Behavior and Mental Accounting on Financial Management of Fkip Uksw Students. Vol 22, No (2021), 19. Http://Jurnal.Stie-Aas.Ac.Id/Index.Php/Jap/Article/View/2690

Ismail, S., Faique, FA, Bakri, MH, Zain, ZM, Idris, NH, Yazid, ZA, Daud, S., & Taib, NM (2017). The Role of Financial Self-Efficacy Scale in Predicting Financial Behavior. Advanced Science Letters, 23(5), 4635–4639. Https://Doi.Org/10.1166/Asl.2017.8992

Laili Rizkiawati, N., & Asandimitra Haryono, N. (2018). The Influence of Demographics, Financial Knowledge, Financial Attitude, Locus of Control and Financial Self-Efficacy on Financial Management Behavior in Surabaya Society. Journal of Management Science (Jim), 6(3).

Lusardi, A., & Mitchell, OS (2014). The Economic Importance of Financial Literacy: Theory and Evidence. Journal of Economic Literature, 52(1), 5–44. Https://Doi.Org/10.1257/Jel.52.1.5

P Panca, WA, Jamin Ariana, IN, & Arismayanti, NK (2017). The Effect of Service Quality on Tourist Loyalty and the Image of Budget Hotels in Seminyak Village, Badung Regency, Bali. Journal of Tourism and Hospitality, 1(1), 65–72.

Putri, NA, & Lestari, D. (2019). The Influence of Lifestyle and Financial Literacy on Financial Management of Young Workers in Jakarta. Accuracy: Journal of Accounting and Financial Research, 1(1), 31–42. Https://Doi.Org/10.36407/Accuracy.V1i1.61

Rahmad Solling Hamid, SE, MM, Dr. Suhardi M Anwar, Drs., MM (2019). Variant-Based Structural Equation Modeling (SEM): Basic Concepts And Applications With Smartpls 3.2.8 Program In Business Research (MS Abiratno, Sofa Nurdiyanti, Dra. Annis Diniati Raksanagara (Ed.)). Pt Indonesian Writers Incubator.

Sari, NR, & Listiadi, A. (2021). The Effect of Financial Literacy, Financial Education in the Family, Pocket Money on Financial Management Behavior with Financial Self-Efficacy as an Intervening Variable. Journal of Accounting Education, 9(1), 58–70. Https://Ejournal.Unesa.Ac.Id/Index.Php/Jpak/Article/View/38750/34640

Shah, M. et al. (2020). The Development Impact of PT. Medco E & P Malaka on Economic Aspects in East Aceh Regency. Budapest International Research and Critics Institute-Journal (BIRCI-Journal). P. 276-286.

Singh, D., Barreda, AA, Kageyama, Y., & Singh, N. (2019). The Mediating Effect Of Financial Self-Efficacy On The Financial Literacy-Behavior Relationship: A Case Of Generation Y Professionals. The Economics And Finance Letters, 6(2), 120–133. Https://Doi.Org/10.18488/Journal.29.2019.62.120.133

Sugiyono, PD (2016). Quantitative, Qualitative, and R&D Research Methods. Alphabet Cv.




DOI: https://doi.org/10.33258/birci.v5i1.3968

Article Metrics

Abstract view : 176 times
PDF - 58 times

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.