Home / Current Issue / Paper 1703099
The Impact Of Financial Knowledge, Financial Attitude, And Parents' Income On Financial Management Behavior In Generation Z
Subject area: Management and Commerce · Area of research: Economy, Management, Financial
Abstract
The purpose of this study is to assess the impact of financial knowledge, financial attitude, and parental income on the financial management behavior of the Z generation in Sumbawa. This study employs a simple random sampling technique with 100 samples. A questionnaire was employed in the approaches, which were then processed and analyzed using Multiple Linear Regression. In this study, the researcher employed the t test, the f test, and the coefficient of determination test to test the hypothesis. According to the findings of the study, financial knowledge, financial attitude, and parental income had a substantial positive link with financial management behavior in the Z generation in Sumbawa, either simultaneously or partially. The implication is that the Z generation can organize their finances in order to develop more responsible financial management behavior.
Keywords
Financial knowledge, Financial attitude, Parental income, Financial management behavior
References
[1] Borden, LM, Lee, SA, Serido, J., & Collins, D. (2013) Changing college students' financial knowledge, attitude, behavior through seminar participation. Journal Of Family and Economic Issues, 23-40.
[2] Goertz, CM, Lawrence, DJ, Lorence, J., & Salsbury, SA (2014). Financial attitudes, knowledge, and habits of chiropractic students: a descriptive survey. Illnions: J. Can Chiropractic Association, Vol. 58.
[3] Herdjiono, I., & Damanik, LA (2016). Effect of Financial Attitude, Financial Knowledge, Parental Income on Financial Management Behavior. Journal of Theoretical and Applied Management, Year 9 No.3.
[4] Kholilah, NA, & Iramani, R. (2013). Study of Financial Management Behavior in Surabaya Society. Journal of Business and Banking, Volume 3, No.1: 69-80.
[5] Mien, NT, & Thao, TP (2015). Factos Affecting Personal Financial Management Behavior. Prooceding of the Second Asia-Pacific Conference on Global Business, Economics, Finance, 1-16. Sugiyono, PD (2019). Qualitative Quantitative Research Methods and R&D. Bandung: Alphabeta.
[6] Sustiyo, J. (2020). Does financial literacy affect the consumption behavior of Generation Z? Journal of Islamic Economics, Management, and Accounting, 25-34.
[7] Sumbawa Central Statistics Agency (BPS Sumbawa). Accessed from https://www.sumbawakab.bps.go.id, accessed in January 2021.
[8] Financial Fervices Authority. (2019). Press National Survey of Financial Literacy and Inclusion (SNLIK). https://www.ojk.go.id/id/berita-dan- activities/siaran- pers/Pages/Pers-Press-Survey- OJK-2019-Index- Financial Literacy-And- Inclusion-Increasing.
[9] Montoya, R., & Soledad, M. (2017). Handbook of research on driving STEAM learning with educational technologies. Mexico: Techonologico de Monterrey, IGI Global.
[10] Nababan, D., & Isfenti, S. (2013). Analysis of personal literacy and financial management behavior of undergraduate students of the Faculty of Economics and Business, North Sumatra. Media Information Management, 1-6.
[11] Putra, YS (2016). Theoretical Review: Generational Difference Theory. Journal of STIE AMA Salatiga, Vol 9 No. 18.
[12] Putri, IR, & Tasman, A. (2019). The Influence of Financial Literacy and Income on Personal Financial Management Behavior in the Millennial Generation of Padang City. Journal of Management and Entrepreneurship Studies, 151- 160
How to cite this paper
@article{1703099,
author = {Muhammad Nur Fietroh, Jayanti Mandasari},
title = {The Impact Of Financial Knowledge, Financial Attitude, And Parents' Income On Financial Management Behavior In Generation Z},
journal = {Iconic Research And Engineering Journals},
year = {2022},
volume = {5},
number = {7},
pages = {61-65},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1703099.pdf},
abstract = {The purpose of this study is to assess the impact of financial knowledge, financial attitude, and parental income on the financial management behavior of the Z generation in Sumbawa. This study employs a simple random sampling technique with 100 samples. A questionnaire was employed in the approaches, which were then processed and analyzed using Multiple Linear Regression. In this study, the researcher employed the t test, the f test, and the coefficient of determination test to test the hypothesis. According to the findings of the study, financial knowledge, financial attitude, and parental income had a substantial positive link with financial management behavior in the Z generation in Sumbawa, either simultaneously or partially. The implication is that the Z generation can organize their finances in order to develop more responsible financial management behavior.},
keywords = {Financial knowledge, Financial attitude, Parental income, Financial management behavior},
month = {January},
}