Millennial Research Articles

How Gender, Region, And Lifestyle Effect The Decision to Islamic Financial Literacy of Millennial Generation in Greater Jakarta

How Gender, Region, And Lifestyle Effect The Decision to Islamic Financial Literacy of Millennial Generation in Greater Jakarta

The Impact of Financial Influencers, Social Influencers, and FOMO Economy on the Decision-Making of Investment on Millennial Generation and Gen Z of Indonesia

This study aims to observe the impact of financial influencers, social influencers, and the FOMO economy moderated by financial behavior and financial literacy on the decision-making to invest in the millennial generation and Gen Z of Indonesia. This study used a Likert scale questionnaire to collect the data. There were 306 samples gathered. The data were analyzed using Smart PLS software with the PLS method. The result showed that the financial influencers and the FOMO economy significantly influenced investment decision-making for the Millennial and Generation Z generations. However, when financial influence as a variable when moderated either by financial literacy or by financial behavior, it would become less significant in influencing investment decision-making for the Millennial and Generation Z generations. In contrast, social influence was not significantly influencing investment decision-making for the Millennial and Generation Z generations. However, after the variable social influence moderated by financial literacy or financial behavior, the social influence effect had a significant impact on investment decision-making. On the other hand, the FOMO economy as a variable after being moderated by financial literacy or financial behavior has a significant impact on investment decision-making.

Analisis Pengaruh Literasi Keuangan Islam terhadap Inklusi Keuangan Syariah pada Generasi Milenial

Currently, there are still heated discussions regarding the low level of sharia financial literacy and inclusion, which causes a lack of competitiveness. At the same time, Indonesia is entering an era of demographic bonus, which can be seen from the large number of millennial generations and a Muslim population of 237.56 million people (86.7% of the total population). This research uses a quantitative approach with survey methods to collect data from a sample of the millennial generation in Indonesia. The research instrument is a questionnaire designed to measure the level of Islamic financial literacy and use of Islamic financial products and services. Data analysis was carried out using the SmartPLS tool to test the relationship between Islamic financial literacy and Islamic financial inclusion. The validity and reliability of the instrument were tested before data collection to ensure the accuracy of the research results. The research results show that there is a positive and significant relationship between Islamic financial literacy and Islamic financial inclusion. Millennials with a high level of Islamic financial literacy tend to be more active in using sharia financial products and services. This research has important implications for stakeholders, including governments, financial institutions, and educational organizations, to strengthen Islamic financial literacy programs to encourage wider participation in the Islamic financial system.

How Investment Behaviour of Young Investors? A Case Study on The Indonesia Stock Exchange

This research aims to dig deeper into the investment behavior of young investors on the Indonesian Stock Exchange. This research was conducted in Bali Province, especially the Denpasar City area. The sample was determined using convenience sampling with a total sample of 180 young investors, namely the millennial generation and generation z in Denpasar City. Data was obtained directly from distributing questionnaires via Google Form. The data analysis technique used is SEM-PLS analysis. The research results show that, 1) herding behavior effect investment decision making, 2) heuristic bias has no effect on investment decision making, 3) anchoring bias effect investment decision making, 4) the level of overconfidence an investor has will improve the investment decision making process , 5) herding behavior does not have a significant effect on the level of overconfidence, 6) heuristic bias can increase the level of overconfidence, 7) anchoring bias can increase the level of overconfidence, 8) overconfidence cannot increase the effect of herding behavior to improve investment decisions, 9) overconfidence can increasing the effect of heuristic bias to improve investment decisions, and 10) overconfidence can increase the effect of anchoring bias to improve investment decisions. Future researchers can further examine overconfidence in mediating the effect of herding behaviours on investment decision making, and the effect of heuristic bias on investment decision making. Young investors in Denpasar City are advised to increase their knowledge and investment skills in the capital market to reduce the risk of bias in making investment decisions.

FINANCIAL LITERACY AMONG MILLENNIALS AND ITS RELATIONSHIP WITH FINANCIAL KNOWLEDGE, SKILLS, ATTITUDES AND BEHAVIORS

This research aims to determine the level of financial literacy among the millennial generation in Pekanbaru City and understand the influence of financial knowledge, attitudes, and skills on financial behavior. The practical implications of this research are significant, as it can provide insights into how financial literacy can be improved among millennials. This research uses multiple linear regression analysis by conducting reliability and validity tests, classical assumption tests, and hypothesis tests. This type of research is quantitative descriptive research with a sample size of 100 respondents from the millennial generation in Pekanbaru City who have met the sample criteria. The research findings show that financial knowledge, attitudes, and skills positively and significantly affect financial behavior among the millennial generation in Pekanbaru. The coefficient of determination (R2) with an adjusted R square value of 0.876 or 87.6% shows that financial knowledge, attitudes, and skills influence 87.2% of financial behavior. In comparison, the remaining 12.4% is influenced by other variables not used in this research. Therefore, it is hoped that the millennial generation can implement their financial behavior well, not just following trends but considering the benefits they get from every financial decision. It is hoped that the government can also provide education regarding financial management behavior through advertising, social media, or outreach to the public, fostering a hopeful and optimistic future.

The Influence Of Career Growth And Perceived Organizational Support On Turnover Intention: The Role Of Organizational Commitment Among Indonesian Millennial Employees

The Millennial generation, which dominates the world’s current population, can be both an opportunity and a challenge due to its characteristic of being unable to stay in a company for a long period of time like previous generations. This research aims to measure the influence of career growth and perceived organizational support on turnover intention among millennial employees, mediated by organizational commitment. Empirical data were collected from 316 respondents using an online survey assessed through a 7-point Likert scale. The respondents are millennial employees (born between 1980 and 1996) in Indonesia who are currently working in a company with a minimum tenure of 2 years. The data were analyzed using Structural Equation Modeling (SEM) with Lisrel 8.8 software. The results show that career growth and perceived organizational support can increase commitment and reduce employees' intention to leave. It was additionally discovered that organizational commitment significantly serves as a mediating factor in the relationship between career growth and perceived organizational support regarding turnover intention

Investigation of performance and entropy generation rate of Direct Contact Membrane Distillation (DCMD) with Static Mixer (SM): 3D CFD study

This study investigated the performance of Direct Contact Membrane Distillation (DCMD) with a Static Mixer (DCMDSM) and compared it to conventional DCMD using 3D Computational Fluid Dynamics (CFD) under steady-state conditions. The permeate flux and total entropy generation rate (TEGR) were explored as functions of various parameters, including temperature differences between feed and permeate flow, inlet velocity, salt mass fraction, membrane porosity, membrane thermal conductivity, and membrane pore radius. The study revealed that the maximum permeate flux of DCMDSM was 79 % higher than DCMD. Additionally, the average TEGR of DCMDSM was 67 % lower than that of DCMD. Furthermore, increasing the inlet velocity led to higher permeate flux in both DCMD and DCMDSM. The results showed that the performance of the DCMDSM at lower velocities was better than at higher inlet velocities. Moreover, increasing the temperature difference between feed and permeate, salt mole fraction, and porosity showed similar effects on permeate flux for both DCMD and DCMDSM, with the permeate flux of DCMDSM consistently exhibiting 60 % higher permeate flux than DCMD across all parameter ranges. Finally, the analysis of membrane thermal conductivity indicated that higher thermal conductivity of the membrane resulted in better permeate flux for DCMDSM than DCMD. Additionally, the TEGR analysis revealed that it was minimized at lower temperature differences, higher inlet velocities, and lower membrane thermal conductivities for both DCMD and DCMDSM.

The Effect of Tax Knowledge and Tax Sanctions on Taxpayer Compliance in The Millennial Generation in Karawang with Tax Awareness as Moderation Variable

The Effect of Tax Knowledge and Tax Sanctions on Taxpayer Compliance in The Millennial Generation in Karawang with Tax Awareness as Moderation Variable

Changes In People's Consumption Patterns In The Digital Era: A Study On The Millennial Generation

The millennial generation, born between the early 1980s and early 2000s, grew up in the era of digital technology that affects their consumption patterns. This study uses a qualitative approach with case study design, collecting data through in-depth interviews, case studies, and participatory observations, which are analyzed thematically. The results show that millennials prefer online shopping through e-commerce platforms, influenced by social media and influencers, and prioritizing experience over goods ownership. They are also sensitive to social and environmental values in choosing products. The use of mobile apps for transactions and product reviews is very dominant, although challenges related to data privacy and information reliability are major concerns. This research reveals the need for content-based marketing strategies, product and service customization, and increased transparency and data security to build consumer trust. These findings provide in-depth insights into the consumption dynamics of millennials in the digital era, offering guidance for companies to develop more adaptive and innovative strategies in the face of evolving consumption trends.

Ethics in social media in the millennial generation from Pancasila’s point of view

The purpose of this article is to provide an overview of the communication ethics of the millennial generation on social media from a Pancasila perspective and according to the role of Pancasila moral values in dealing with technological developments. Advances in technology and science are directly eroding the ethics of using social media, thereby slowly reducing the noble values of Pancasila, which is the life guide and ideology of the unitary state of the Republic of Indonesia. In the era of the millennial generation, the use of social media is often misused. The reason is, the millennial generation tends to be susceptible to content spread on social media without filtering it critically. They truly believe that the content is fact, so they try to defend it with their stance. Socialization, regulatory enforcement, and social media literacy are some of the external ways in which this problem can be solved. Another internal way is to instill in the millennial generation various values and standards of life based on Pancasila and encourage the millennial generation to be involved in various positive productive activities on social media.

Membangkitkan Tradisi Budaya dan Hukum Adat Melayu Untuk Mewujudkan Kesalehan Sosial di Kalangan Millenial

In order to increase understanding of the millennial generation and as a forum for preserving Jambi Malay cultural values, the Working Group for the Study of Socio-Economic and Cultural Issues at the Research and Community Service Institute (LPPM) of Muara Bungo University in collaboration with the Association of Indonesian Muslim Intellectuals (ICMI) Bungo Regional Organization held a Seminar and Discussion with the theme Reviving Malay Cultural Traditions and Customary Laws to Realize Social Piety Among Millennials. This activity involved elements of the Student Executive Board (BEM) organization and all Faculty of Economics students participating in UMB and Regional Insight courses. It is hoped that from the implementation of this seminar the millenial’s generation will have an understanding of being heirs to the nation's cultural wealth. Participants will be able to understand the customary laws and dress code of Malay people and the processions and attire of Malay brides.

Generational differences in perceived severity of atopic dermatitis.

Atopic dermatitis (AD) is a chronic inflammatory dermatosis that affects all age groups. The impact of AD on patients' lives could differ across generations. Understanding the differences in objective and subjective severity of AD between generations may support more personalized care for the AD patients. Thus, this study aimed to compare the clinical severity and subjective impact of AD between generation Z (GZ) and the millennial generation (MG). We carried out a cross-sectional observational study in patients diagnosed with moderate to severe AD born between 1993-2001 (GZ) and 1978-1992 (MG) who attended an AD specialist care unit for the first time. We collected severity indices evaluated by the dermatologist, such as the Eczema Area and Severity Index (EASI) or the Investigator Global Assessment (IGA), and severity scales that included patient assessment, such as the SCORing Atopic Dermatitis (SCORAD) or the Patient-Oriented Eczema Measure (POEM). A total of 73 patients were included, of which 56.2% (41/73) were women. 52.86% (37/73) of the patients belonged to the MG, and 43.8% (33/73) belonged to GZ. Patients belonging to GZ presented lower severity of their AD compared to the MG (EASI: 9.75 ± 11.68 vs. 16.63 ± 14.66; P < 0.05). However, their perception of disease severity was similar to the MG (SCORAD: 43.54 ± 28.99 vs. 32.98 ± 21.91; P = 0.96; POEM: 13.21 ± 8.98 vs. 15.48 ± 6.69; P = 0.14). GZ presents a higher subjective perception of severity than millennials. Understanding these generational disparities contributes to creating more effective treatment strategies and provides a more targeted approach to care that addresses each generational group's unique needs and expectations.

The Importance Of Character Education In Instilling Pancasila Values For Millennial Generation

Millennial generation as a new generation that emerges as a pioneer of information technology development in the era of 4.0. They are called the millennial generation because they were born at the end of the 20th century (between 1990 and 2001). The millennial generation, living in the millennium era, is heavily influenced by lifestyles shaped by social media as a societal trend in the 21st century. Many potential social vulnerabilities will arise due to cultural and behavioral changes that occur in the millennium era. The widespread use of smartphones, internet access, and social media today enables quick and easy access to information, which has its benefits and advantages, but also impacts by facilitating access to negative content that affects behavior not in line with the culture and noble norms of the Indonesian nation. Character education, as a model of education that strengthens the understanding of Pancasila ideology, is essential in fortifying and equipping the millennial generation. With systematically implemented character education, it is hoped to maintain attitudes and behaviors so that they always preserve the customs, cultural heritage, and noble values of the Indonesian nation in facing the massive technological developments in the current millennium era.

The Influence of Social Media on Millennial Generation Community Participation in Sports Activities

Purpose: The purpose of this research was to estimate Patellofemoral Joint Dysfunction in obese postmenopausal women. Methods: Depending on selection criteria, 100 obese postmenopausal women were selected by simple random sampling method. Written consent was taken and a detailed outcome assessment was done by using a Numerical Pain Rating Scale for pain assessment, Range of motion of hip, knee, ankle joint, Waldron Test, Eccentric Step-down Test, and Quadriceps angle. Statistical analysis was done and results were obtained. Findings: Among the 100 participants, 63% of women experienced pain during their daily activities. The mean pain intensity at rest was 2.25 ± 1.91, and during activity, it increased to 3.28 ± 6.60 (p value &amp;lt; 0.0001). The range of motion in the hip, knee, and ankle joints was reduced compared to that of individuals in the same age group without pain. Specifically, Hip extension-adduction, knee extension, and ankle plantarflexion-inversion-eversion had a p value of &amp;lt;0.0001. For hip flexion-abduction-medial and lateral rotation, knee flexion, and ankle dorsiflexion, the p values were 0.0003, 0.1952, 0.0001, 0.003, 0.0392, and 0.0333. Additionally, 35% of women had quadriceps angles greater than 180 degrees, while the remaining 65% had angles less than 180 degrees. 63% of women exhibited crepitus during activities like stair climbing and walking. 52% of women tested positive on the Waldron Test. 60% of women showed positive findings on the Eccentric Step-down Test. Conclusion: It concluded that there is significant Patellofemoral Joint Dysfunction in obese postmenopausal women.

Analysis of Factors Influencing Trust and its Impact on Repurchase Intention in C2C E-Commerce in Indonesia

The use of the internet has transformed individual shopping behaviors, shifting from traditional shopping patterns or visiting physical stores to shopping through online platforms or e-commerce. This behavioral change has undeniably had a significant impact on the retail industry and consumers at large. With the increasing number of e-commerce users, especially in the C2C (consumer to consumer) sector, market competition is becoming more intense. This study focuses on analyzing certain factors such as website appearance, ease of use, free shipping policy, return policy, POD mode of payment, and security that can influence customer trust and its impact on repurchase intention. Data collection was conducted through the distribution of online questionnaires in the Jabodetabek area to customers who had made online purchases in the last three months, using a purposive sampling method with a total of 228 respondents. The research method analysis used the PLS-SEM method. The results of this study indicate that website appearance, free shipping policy, return policy, and security have a positive and significant effect on trust. Meanwhile, ease of use and POD mode of payment have a positive but not significant effect on trust. Furthermore, trust has a positive and significant impact on repurchase intention. This study plays a role for C2C e-commerce management in increasing consumer trust, especially among the millennial generation, and its impact on repurchase intention.

PEMANFAATAN APLIKASI TIK TOK SEBAGAI MEDIA DAKWAH ISLAM BAGI GENERASI “Z”

This research aims to explain da'wah media with a form of digitalization that is attractive to the millennial generation. TikTok is an application that is very popular in every circle. If this application is used by young preachers as a medium for preaching in conveying their preaching messages, it will attract the attention of the millennial generation. Through this application, a young preacher can easily create da'wah messages that are more interactive, fun, and exciting. In the research, researchers used qualitative descriptive methods with data collection techniques using observation, questionnaires, interviews, and documentation methods. The data obtained was then analyzed descriptively using data reduction, data presentation, and concluding. The research results show that: 1) The TikTok application is an application that follows increasingly sophisticated technological developments so that people can easily access it, especially Generation Z. 2) The TikTok application is very suitable and useful by increasing educational content, so that people can better understand, especially Islamic preaching content, this will continue if users are well directed. 3) Da'wah media with the TikTok application has been very popular with Generation Z for a long time and is growing rapidly with the addition of new Da'wah content creators. The implications of this research include: 1) social and cultural, 2) education and digital literacy, 3) physiology and religious identity, 3) implications of technology and innovation, 4) ethics and content monitoring, and 5) religious education and teaching.

THE IDEOLOGY OF NATIONAL EDUCATION CELEBRATION SPEECH: A CRITICAL DISCOURSE ANALYSIS OF TEXT

This study aims to discover critical discourse analysis in the text of speeches by Nadiem Makarim and Muhadjir Effendy. The speeches of these two figures were chosen because the text is a kind of Critical Discourse Analysis object (CDA). The Critical Discourse Analysis (CDA) method examines the relationship between language, ideology, and power. The descriptive qualitative method was used in this study. The researcher uses Norman Fairclough's three-dimensional framework (CDA) to analyze Critical Discourse Analysis data. The researchers used qualitative data analysis theory from Miles and Huberman (1994) to present and analyze the data, which included data reduction, data display or representation, and conclusion drawing or verification. The result of this study shows that both the script of speeches from Nadiem Makarim and Muhadjir Effendy have micro, mezzo, and macro-level related to the framework of Norman Fairclough. The language used in both speeches is the standard language. Still, the speech of Nadiem Makarim used more natural and creative language that can touch the millennial generations. In contrast, in the speech of Muhadjir, familiar words can confuse the audience.

Analisis Peran Pendidikan Dalam Membentuk Kesadaran Akan Hak dan Kewajiban Warganegara di Kalangan Generasi Muda Indonesia

Considering that the millennial generation will continue the life of the nation and state, the millennial generation needs to be made aware of the importance of preserving the country. This will support the country's defense against internal and external, military and non-military threats. Because education helps future generations of young people understand history, values, and dedication to preserving the country, education is very important for national defense. Students can become development agents who benefit society and the nation through education and learning how important it is to maintain national unity. This research will use normative juridical research which takes an approach from legal, phenomenon and ideological perspectives. This article aims to determine the extent to which formal education in Indonesia influences the development of awareness of national defense in the younger generation, explores the factors that influence this understanding and awareness, examines how the national education curriculum is implemented, and provides suggestions for strengthening the education system. The advantages of this work are as follows: it provides an in-depth analysis of how education forms a strong concept of national defense knowledge for the younger generation

Determining Factors in Decision Making for Online Cash Waqf Among the Millennial Generation

The realization of cash waqf is currently still very limited. Waqf literacy is still very minimal, especially for millennials. The millennial generation is a generation that is very close to technology, judging from the daily life of millennials, it is very closely related to activities carried out with technology. Factors that affect the online cash waqf generally previous researchers limited only to a few factors such as some discussed only limited to Social Influence (SI), and Religiosity or factors of Knowledge, Belief, Religiosity, Attitude, Subjective Norms and Perceived Behavioral Control (PBC ). This study aims to analyze the influence of perceived usefulness, perceived ease of use, religiosity, trust, social influence, information, attitude, subjective norm, perceived behavioral control, and waqf literacy on the intentions or desires of millennials to do online cash waqf. The data analysis method in this study uses the Structural Equation Model – Partial Least Squares (SEM-PLS). The research sample used in this study was the millennial generation who were born in the period from 1981 to 1996. The data used in this study was through field research, in this case data collection was carried out by distributing questionnaires that were distributed through online media (google form) to the millennial generation. The first result in this study is that perceived usefulness, religiosity, trust, social influence, information, attitude, perceived behavioral control greatly influence the millennial generation in making money online. While waqaf literacy, Perceived Ease of Use and Subjective Norm do not greatly affect millennials in online cash waqf.

Contrasting the Effects of X-Band Phased Array Radar and S-Band Doppler Radar Data Assimilation on Rainstorm Forecasting in the Pearl River Delta

Contrasting the X-band phased array radar (XPAR) with the conventional S-Band dual-polarization mechanical scanning radar (SMSR), the XPAR offers superior temporal and spatial resolution, enabling a more refined depiction of the internal dynamics within convective systems. While both SMSR and XPAR data are extensively used in monitoring and alerting for severe convective weather, their comparative application in numerical weather prediction through data assimilation remains a relatively unexplored area. This study harnesses the Weather Research and Forecasting Model (WRF) and its data assimilation system (WRFDA) to integrate radial velocity and reflectivity from the Guangzhou SMSR and nine XPARs across Guangdong Province. Utilizing a three-dimensional variational approach at a 1 km convective-scale grid, the assimilated data are applied to forecast a rainstorm event in the Pearl River Delta (PRD) on 6 June 2022. Through a comparative analysis of the results from assimilating SMSR and XPAR data, it was observed that the assimilation of SMSR data led to more extensive adjustments in the lower- and middle-level wind fields compared to XPAR data assimilation. This resulted in an enlarged convergence area at lower levels, prompting an overdevelopment of convective systems and an excessive concentration of internal hydrometeor particles, which in turn led to spurious precipitation forecasts. However, the sequential assimilation of both SMSR and XPAR data effectively reduced the excessive adjustments in the wind fields that were evident when only SMSR data were used. This approach diminished the generation of false echoes and enhanced the precision of quantitative precipitation forecasts. Additionally, the lower spectral width of XPAR data indicates its superior detection accuracy. Assimilating XPAR data alone yields more reasonable adjustments to the low- to middle-level wind fields, leading to the formation of small-to-medium-scale horizontal convergence lines in the lower levels of the analysis field. This enhancement significantly improves the model’s forecasts of composite reflectivity and radar echoes, aligning them more closely with actual observations. Consequently, the Threat Score (TS) and Equitable Threat Score (ETS) for heavy-rain forecasts (&gt;10 mm/h) over the next 5 h are markedly enhanced. This study underscores the necessity of incorporating XPAR data assimilation in numerical weather prediction practices and lays the groundwork for the future joint assimilation of SMSR and XPAR data.