The influence of financial literacy, financial attitudes, and lifestyle on financial behavior

Abstract

This study aims to examine the effect of financial literacy, attitudes, and lifestyle on financial behavior in Management students of the Faculty of Economics, class of employees at the University of Semarang, class of 2019/2020. The population in this study were active students majoring in employee class management in the odd semester class of 2019/2020. The sample in this study was purposive sampling method. Purposive sampling is a data sampling technique based on certain considerations. The sample in this study collected 123 respondents. This research uses quantitative data type and the data source used is primary data. The data analysis technique using regression analysis test was carried out with the help of SPSS version 25. The results showed that only financial attitudes had a significant positive effect on financial behavior, while other variables such as financial literacy and lifestyle had no a significant effect on financial behavior. Its mean that financial attitudes will improve the quality of financial behavior in students.

The Influence of Factors on Sharia Financial Management Behavior: SEM Approach

“…Kusnandar &;Kurniawan (2018), states that lifestyle is a reflection of a person's way of life, which involves aspects of how individuals allocate financial expenses and manage their time. This is similar to research by Widyakto et al, (2022) which states that lifestyle is a typical expression of a person's way of life, which can be seen through various activities, hobbies, financial expenditure and use of time. The halal lifestyle in Indonesia is becoming a trend because Indonesia is a country with a large Muslim population and is one of the countries that prioritizes a halal lifestyle (Ma'azzah & Prasetyo, 2023)…”

“…In other words, a person's lifestyle can be reflected in the values and principles of Islamic finance, which then influence the financial decisions taken by the individual (Rafiqa &;Setiawan, 2020). Handayani et al, (2022) in previous research have also proven that financial attitudes play a significant role in shaping financial behavior, and this financial behavior is an important factor that can predict a person's level of financial well-being (Widyakto et al, 2022). Therefore, researchers can hypothesize that H2.a: there is a positive relationship between a halal lifestyle and an Islamic financial attitude H2.b: there is a positive relationship between halal lifestyle and Islamic financial management behavior H2.c: there is a positive relationship between halal lifestyle and Islamic financial management behavior with Islamic financial attitude as a moderation variable…”

The Influence of Financial Literacy, Pocket Money, and Lifestyle on the Financial Behavior of College Students who Use Online Shopping Platforms

“…The results of research conducted by (Arofah, 2019;Hidayat & Paramita, 2022;Humaidi, Khoirudin, Adinda, & Kautsar, 2020;Mutlu & Ozer, 2022;Panjaitan & Digdowiseiso, 2023;Pratama, Jasman, & Saharudin, 2022;Rohmanto & Susanti, 2021;Sukma & Pradana, 2022;Wahyudi, Tukan, & Pinem, 2020;Wiranti, Goso, & Halim, 2023) state that financial literacy can influence financial behavior positively and significantly. However, contrary to research conducted by (Farida, Soesatyo, & Aji, 2021;Gunawan & Chairani, 2019;Purwidianti & Tubastuvi, 2019;Widyakto, Liyana, & Rinawati 2022) state that financial literacy does not influence financial behavior.…”

Determinants of Customer Loyalty in the Ghanaian E-Commerce: A PLS-Sem Approach

“…Essentially, the hypothesis positing the significant influence of promotions on satisfaction and repurchase intent (loyalty) finds validation in this study. This hypothesis maintains relevance not only within the context of Ghana's e-commerce industry but also in the broader area of online services, as evidenced by a study conducted by Mihardjo and Ningtyas (2023). Their research reaffirms that online promotions and attractive product offerings wield substantial influence in the quest to attain customer satisfaction.…”