Abstract
This study aims to analyze (1) The influence of Financial Knowledge on Financial Management Behavior of S1 Economic Education students of the Flores-Ende University. (2) Effect of Financial Attitudes on Financial Management Behavior of S1 Economic Education students of the Flores-Ende university. (3) Effects of Parental Income on Financial Management Behavior of S1 Economic Education students of the University of Flores-Ende. This study uses primary data from the results of the distribution questionnaire to 73 6th semester students of Economic Education in accounting concentration. The analysis technique uses structural equation modeling based on Partial Least Square with Smart PLS 3.0 Software. Analysis of structural equation models with - Second Order Confirmatory Factor Analysis (CFA) with indicators in the form of Reflective. Based on the results of the R-Square test with a value of 0.742 states that Financial Knowledge, Financial Attitudes, Parental Income have a strong influence on the Financial Management Behavior of S1 Economic Education S. Facesents at the University of Flores-Ende. While the value of f-Square on the largest path coefficient is the influence of financial attitudes on Financial Management Behavior of 0.284, then the influence of Parental Income on Financial Management Behavior of 0.147 and the smallest influence is Financial Knowledge of 0.073. As for the indicators that influence each construct by 0,000 <0.05, it can be concluded that Financial Knowledge, Financial Attitudes and Parental Income simultaneously influence the Financial Management Behavior of S1 Economic Education students at the University of Flores-Ende. Financial Knowledge, Financial Attitudes and Parental Income also partially influences the Financial Management Behavior of Undergraduate Students in Economic Education at the University of Flores-Ende. Keywords : Financial Management Behavior, Financial Knowledge, Financial Attitudes , Parental Income DOI: 10.7176/RJFA/11-4-09 Publication date: February 29 th 2020
Highlights
Financial management behavior began to be recognized and developed in the business and academic world in 1990
The indicator that is best perceived is an indicator of the fundamentals of finance, this shows that knowledge of the fundamentals of finance has the most important role in shaping the behavior of financial management of Strata 1 (S1) Ende University Economic Education students
Financial knowledge greatly influences the behavior of individual financial management, this is evidenced by several empirical studies, among others; Mien and Thao (2015), found that financial knowledge influences financial management behavior
Summary
Financial management behavior began to be recognized and developed in the business and academic world in 1990. Financial management behavior is a decision making process through the determination, acquisition, allocation and utilization of financial resources (Mien and Thao, 2015). Behavior management of finances should be in the direction of k 's well, resulting in mencapa i go late that has been set. The behavior of students in managing finances considering h ampir most students have financial constraints; this is due to students not having a fixed income so every month they rely on sending money from parents to make ends meet. For students who do not have income and are not at home with their parents, managing finances is not easy. For example; delays in sending money from parents, lack of availability of funds to be used, running out of funds prematurely due to unexpected needs, or due to lack of planning, consumptive and wasteful lifestyle
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