Proceedings of the International Conference on Economics and Banking 2015 2015
DOI: 10.2991/iceb-15.2015.16
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Comparative Study of Students Financial Literacy And Its Demographic Factors

Abstract: Abstract-Results of a survey conducted by Indonesia FinancialServices Authority in 2013 showed that only 21.84 percent of Indonesia's population are classified as well literate. Students are one of the components of society, which is quite large and will provide a major influence in the economy because in the future the students will enter the workforce and begin independently included in financial management. The purpose of this study is to obtain empirical evidence regarding demographic factors that influenc… Show more

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Cited by 15 publications
(22 citation statements)
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“…Students will take on financial problems because most of them have not income, although get a scholarship but can only be used limited every month. Student financial problems can be due to delays in money tranfers from parents or monthly money runs out prematurely [13]. Sometimes, the environment of friendship is supported by the number of entertainment facilities and culinary seductive effect on financial management and consumption patterns of students in general.…”
Section: Introductionmentioning
confidence: 99%
“…Students will take on financial problems because most of them have not income, although get a scholarship but can only be used limited every month. Student financial problems can be due to delays in money tranfers from parents or monthly money runs out prematurely [13]. Sometimes, the environment of friendship is supported by the number of entertainment facilities and culinary seductive effect on financial management and consumption patterns of students in general.…”
Section: Introductionmentioning
confidence: 99%
“…In theory, parent especially father, with high levels of education tend to have extensive views and better abilities to obtain high income so that they can provide facilities for their children to save money and introduce bank products (Homan, 2015). But in this study father's education level has not influence financial literacy.…”
Section: The Influence Of Parent's Educationmentioning
confidence: 67%
“…There are contradictory results for class: financial literacy and class are related, and literacy increases by class (Chen & Volpe, 2002;Homan, 2015), or they are unrelated (Bayram, 2010;Ergün et al, 2015;Kılıç et al, 2015). Yetter and Suiter (2015) added a new education module to courses for beginners, testing attendees before and after the module.…”
Section: Financial Literacy and Demographicsmentioning
confidence: 99%
“…Er et al (2014) and Chen and Volpe (1998) find that business students obtain higher marks in the module than do students of other major areas of study. Family education levels are also related to individuals' financial literacy (Lusardi et al, 2010), but some studies contest this idea (Homan, 2015). Students' positive savings behaviors are derived from their families (Gutnu & Cihangir, 2015;Thapa & Nepal 2015).…”
Section: Financial Literacy and Demographicsmentioning
confidence: 99%
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