Effect Of Financial Knowledge Research Articles

The Effect of Financial Knowledge on Workers’ Expectation of Never Retiring

We extend previous research on factors related to workers stating that they would never retire, by analyzing the impact of financial knowledge variables on the expectation. The never retire rate is related to objective financial knowledge, with a 20% rate for those who missed all questions, compared to 12% for those who answered all questions correctly. We find a similar pattern between subjective knowledge and the never retire rate. Using logistic regressions, we find that survey respondents who missed questions for objective financial knowledge are more likely to choose a never retire response than those who do not miss any questions. We also find that overconfident respondents are more likely to give a never retire response than underconfident respondents. Our results have implications for financial education and policies related to retirement, as well as for research on retirement adequacy.

The Effect of Financial Knowledge and life style on Personal Finance Management of Students of Tertiary institutions in Anambra state, Nigeria

The Effect of Financial Knowledge and life style on Personal Finance Management of Students of Tertiary institutions in Anambra state, Nigeria

Effect of Financial Knowledge on Mentorship and Training of Youth by Young Life Rwanda of the Selected Groups of the Selected Districts of Rwanda Provinces

Effect of Financial Knowledge on Mentorship and Training of Youth by Young Life Rwanda of the Selected Groups of the Selected Districts of Rwanda Provinces

The Effect of Financial Knowledge, Perceived Trust and Perceived Use on Interest in Using Shopee Paylater

With the increasing interest in online shopping in Indonesia, there are more options for online transaction payments. One of them is ShopeePay later. This study aims to find the relationship and impact of financial knowledge, perceived trust, and perceived use on intention to use Shopee Paylater in generation Z in Indonesia. The research method uses a quantitative approach with a research sample of 231 people of generation Z in Java. The collected data was tested using the SEM-PLS technique through SmartPLS 4.0 software. The test results show that financial knowledge has a positive and significant effect on Shopee Paylater's perceived trust. Then perceived trust and perceived use have a positive and significant effect on interest in using Shopee Paylater. However, financial knowledge variables have no significant effect on the perceived use and interest of Shopee Paylater. The results of this study are expected to help and provide positive benefits for people who read about and want to research Shopee Paylater.

The Effects of Financial Knowledge and Financial Attitude on Financial Management Behavior

The Effects of Financial Knowledge and Financial Attitude on Financial Management Behavior

Financial knowledge and responsible credit card behavior: exploring mediators and moderators

PurposeUnder the background of low consumer financial knowledge and accumulated credit card liabilities, this study investigates the relationship between financial knowledge and responsible credit card behavior using data from the 2019 China Household Finance Survey (CHFS). From the perspective of consumer economic well-being, this study defines accruing credit card debt to buy houses and cars when loans with lower interest rates are available as irresponsible credit card behavior.Design/methodology/approachThis study uses probit regressions to examine the association between financial knowledge and responsible credit card behavior because the dependent variable is a dummy variable. To alleviate endogeneity problems, this study uses instrument variables and Heckman’s two-step estimation. Furthermore, to explore the potential mediators in this process, this study follows the stepwise regression method. Finally, this study introduces interaction terms to examine whether this association differs in different groups.FindingsThe results indicate that financial knowledge is conducive to increasing the probability of responsible credit card behavior. Mediating analyses reveal that the roles of financial knowledge occur by increasing the degree of concern for financial and economic information and the propensity to plan. Moderating analyses show that the effects of financial knowledge on responsible credit card behavior are stronger among risk-averse consumers and in regions with favorable digital access.Originality/valueThis study measures responsible credit card behavior from the perspective of the consumer’s well-being, which enriches practical implications for consumer finance. Furthermore, this study explores the potential mediators influencing the process of financial knowledge that affects responsible credit card behavior and identifies moderators to conduct heterogeneous analyses, which helps comprehensively understand the nexus between financial knowledge and credit card behavior. By achieving these contributions, this study helps to curb the adverse effects of irresponsible credit card behavior on consumers’ well-being and the economic system and helps policymakers promote financial knowledge to fully prevent irresponsible credit card behavior.

The Effect of Financial Knowledge on Workers’ Expectation of Never Retiring

The Effect of Financial Knowledge on Workers’ Expectation of Never Retiring

The Effect of Financial Knowledge and Financial Attitude on Financial Management Behavior of Yogyakarta Students With Financial Self Efficacy as Mediation Variable

This research aims to examine the influence of Financial Knowledge, Financial Attitude and Financial Self Efficacy on Financial Management Behavior in Postgraduate Students in Yogyakarta. The method used to determine the sample is purposive sampling, which is a technique for sampling techniques in research methods where the researcher selects research subjects based on certain predetermined criteria or objectives. Data was collected through questionnaires distributed to 250 postgraduate students in the city of Yogyakarta and analyzed using SEM PLS analysis. The research results show that Financial Knowledge, Financial Attitude and Financial Self Efficacy have a significant positive effect on Financial Management Behavior. The Financial Self Efficacy variable was found to act as a mediating variable that mediates between Financial Knowledge and Financial Attitude towards Financial Management Behavior. This means, > the higher the level of Financial Knowledge, Financial Attitude and Financial Self Efficacy, the higher the level of Financial Management Behavior in Postgraduate Students in the City of Yogyakarta.

Pengaruh Pengetahuan Keuangan, Sikap Keuangan Dan Perilaku Keuangan Terhadap Kinerja

The purpose of this study was to analyze: (1) the effect of financial knowledge on MSME performance (2) the effect of financial attitudes on MSME performance (3) the effect of financial behavior on MSME performance (4) The effect of financial knowledge, financial attitudes and financial behavior on MSME performance. The type of research conducted by this researcher is a questionnaire research. The sampling technique was carried out using a non-probability sampling technique with a purposive sampling technique with a population of 100 respondents. With the criteria that UMKM have been operating for at least 3-2 years, transactions have used internet banking such as (Ovo, Go-Pay, Funds, Shopee-pay) in Pasuruan Regency. While the analysis technique used is multiple linear regression analysis with the calculation analysis tool using SPSS 24. The results of this study indicate that: 1. the financial knowledge variable has no positive and insignificant effect on MSME performance 2. The financial attitude variable has a positive and significant effect on MSME performance. 3. The financial behavior variable has no positive and significant effect on MSME performance. 4. The financial knowledge, financial attitude and financial behavior variables have a positive and significant effect on MSME performance.

The Effect of Financial Knowledge, Financial Experience, and Locus of Control on Financial Management Behavior at Batik Msmes in Tuban

The global financial recession that occurs in Indonesia is now one of the phenomena that can reduce the stamina of the national economy. With the recession in 2023, it will have a negative impact on MSMEs in Indonesia. MSMEs have a positive influence on the Indonesian economy and regional economy, one of which is Tuban Regency which is a batik producing area, but its existence is still not widely known to people. In opening a business such as batik MSMEs, knowledge, experience, and locus of control are needed, in managing the finances of these batik MSMEs. This study is intended to identify how the influence of financial knowledge, financial experience and locus of control on financial management behavior in Batik MSMEs in Tuban. This research method is quantitative by taking a sample of 95 respondents and the distribution of this questionnaire is assisted by Google Form. The samples in this study were taken using probability sampling techniques. The sample consisted of respondents from the Batik MSME Center in Tuban. The data used in this study are primary data and secondary data. The analytical techniques used in this study are (PLS) with validity tests, reliability tests and hypothesis tests. The results of this study found that the variables of financial knowledge, financial experience, and locus of control had an effect and were significant on the variables of financial management behavior. Financial knowledge plays an important role in the financial management behavior of Batik MSMEs. The higher an individual's understanding of financial knowledge, the higher the level of financial management behavior, so that financial knowledge has a positive influence on financial management behavior in Batik MSMEs in Tuban.

The Effect of Financial Knowledge, Financial Confidence, and Learning Capacity on the Financial Behavior of MSMEs in Pakpak Bharat Regency

This study examines the influence of financial knowledge, financial confidence, and learning capacity on the financial behavior of MSMEs in Pakpak Bharat Regency. This study uses primary data obtained by distributing questionnaires to 100 MSME actors in Pakpak Bharat Regency. The data analysis technique used is multiple linear regression analysis consisting of data instrument testing, classical assumption testing, and hypothesis testing. The results indicate that partially financial knowledge, financial confidence, and learning capacity positively and significantly affect financial behavior. Meanwhile, the simultaneous test results reveal that financial knowledge, financial confidence, and learning capacity significantly affect the financial behavior of MSMEs in Pakpak Bharat Regency.

The evolution of financial literacy over time and its predictive power for financial outcomes: evidence from longitudinal data

AbstractWe administered the FINRA Foundation's National Financial Capability Study questionnaire to members of the RAND American Life Panel in 2012 and 2018. Using this unique, longitudinal data set, we investigate the evolution of financial literacy over time and shed light on the effect of financial knowledge on financial outcomes. Over a six-year observation period, financial literacy appears to be rather stable, with a slight tendency to decline at older ages. Importantly, financial literacy has significant predictive power for future financial outcomes, even after controlling for baseline outcomes and a wide set of demographics and individual characteristics that influence financial decision making.

The Relationship Between Financial Knowledge And Financial Behavior And The Mediation Effect Of Financial Attitudes

This study aims to determine (1) the effect of financial knowledge on financial behavior (2) the effect of financial knowledge on financial attitudes (3) the effect of financial attitudes on financial behavior, and (4) the mediating effect of financial attitudes on the connection between financial knowledge and financial behavior. The population of this study were teachers of University Swadaya Gunung Jati Cirebon Indonesia, with a total of 92 teachers and a sample of 48 teachers. This study uses a quantitative approach and this type of research uses survey methods. The data analysis technique in this study uses the PLS (Partial Least Square) analysis model with the help of SmartPLS ver 3.0 software for Windows. Based on the results of the study, it shows that: (1) financial knowledge has a positive and significant effect on financial behavior, (2) financial knowledge has a positive and significant effect on financial attitudes, (3) financial attitude positive and significant effect on financial behavior, (4) financial attitudes can mediate the connection between knowledge financial behavior with financial behavior.

The Effect of Financial Knowledge and Materialism on Pension Fund Planning Behavior with Impulsive Buying as a Mediation Variable

The objective of this research is to examine the influence of financial knowledge and materialism on retirement planning behavior with impulsive buying as the mediation variable. The object of this study is the person or individual who manages family finances. These respondents were selected with the criteria of having a minimum income of 4 million rupias and having 2 years of experience in Surabaya, Gresik, and Sidoarjo. Based on these criteria, there are 321 selected respondents will be analyzed. The partial Least Square (PLS) Structural Equation Model was used to analyze the data. The results showed that financial knowledge has a significant positive effect on retirement planning behavior. But materialism has an effect that is not negative and insignificant to retirement planning behavior. The results also indicate that impulsive buying mediates the influence of materialism on retirement planning behavior

PENGARUH PENGETAHUAN KEUANGAN, SIKAP KEUANGAN, MANAJEMEN KEUANGAN, DAN KEPRIBADIAN WIRAUSAHA TERHADAP KINERJA UMKM DI KALURAHAN CATURTUNGGAL

This study aims to determine (1) the influence of financial knowledge on the performance of MSMEs in Caturtunggal sub-district, (2) the influence of financial attitudes on the performance of SMEs in Caturtunggal sub-district, (3) the influence of financial management on MSME performance in Caturtunggal sub-district, (4) the influence of entrepreneurial personality. on the Performance of MSMEs in Caturtunggal sub-district, (5) the influence of financial knowledge, financial attitudes, financial management and entrepreneurial personality on the performance of MSME in Caturtunggal sub-district.
 This research includes causal associative research. The subjects in this study were the owners of MSMEs in Caturtunggal sub-district as many as 100 MSMEs. Data collection techniques using a questionnaire Prerequisite analysis test includes multicollinearity test and heteroscedasticity test. Data analysis technique with multiple linear regression.
 The results of the study show that (1) there is no positive influence of Financial Knowledge on MSME Performance in Caturtunggal sub-district (2) there is a positive effect of financial attitudes on the performance of SMEs in Caturtunggal sub-district (3) there is an influence Positive Financial Management on MSME Performance in Caturtunggal sub-district (4) there is no positive influence of Entrepreneurial Personality on The performance of MSMEs in Caturtunggal sub-district (5) there is an effect of Financial Knowledge, Financial Attitude, Financial Management, and K Entrepreneurial Personality on MSME Performance in Caturtunggal sub-district.

The effect of financial knowledge, financial attitude, and personality on financial management behavior

Financial management for young entrepreneurs needs to be done because disciplined financial arrangements will be able to minimize the risk of uncertainty. Young entrepreneurs have problems with financial management behavior, that is knowledge and skills in managing finances which have an impact on financial decision-making. This study aims to see the effect of financial knowledge, financial attitudes, and personality on financial management behavior in young entrepreneurs in Malang. The approach used in this research is quantitative with an explanatory approach. This study's population is young entrepreneurs in the Brawijaya University environment. The sampling technique used purposive sampling with a sample size of 150 samples. The results of this study prove that partially financial knowledge has no significant effect on Financial Management Behavior. Financial attitudes have a significant effect on Financial Management Behavior, and personality has a significant effect on Financial Management Behavior in Young Entrepreneurs in Malang City.

Effect of Financial Knowledge and Locus Of Control on Personal Financial Management Behavior with Financial Literacy as Mediator Variable

This study aims to analyze the effect of: (1) Financial Knowledge and (2) Internal Locus of Control on Personal Financial Management Behavior with Financial Literacy as a Mediator Variable. The population used is all students of Generation Z Strata 1 who are actively studying at Padang State University, amounting to 31,553 people. The sampling technique of this study used the Cluster Random Sampling technique with a total sample of 335 people. This study uses primary data and secondary data. The data analysis method used is Structural Equation Modeling (SEM) using SmartPLS version 3.3. The results of this study show that (1) Financial Knowledge and Internal Locus of Control have a positive and significant effect on Financial Literacy (2) Financial Knowledge and Internal Locus of Control have a positive and significant effect on Personal Financial Management Behavior (3) Financial Literacy has a positive and significant effect on significant effect on Personal Financial Management Behavior (4) Financial Knowledge and Internal Locus of Control have a positive and significant effect on Personal Financial Management Behavior with Financial Literacy as a Mediator Variable, in Generation Z students at Padang State University.

The Effects of Financial Knowledge, Financial Attitude and Locus of Control on Financial Well-Being among Students in Malaysian Public University: An Empirical Investigation

Financial well-being is one of the elements of well-being and it was explained where an individual can control the financial matter on current life and future life as well without feeling worries on his or her financial situation and it is vital to get better quality of life. Therefore, this study aims to analyses the factors that influencing financial well-being among students in Malaysian public university. Three variables are tested for this study namely, financial knowledge, financial attitude, and locus of control. The sample for this study consisted of 54 students participated in the survey using purposive sampling. The data collected via online form. Multiple regression analysis is employed to analyse the data gathered. The findings revealed that there was a significant relationship between financial knowledge and financial attitude with financial well-being. However, there was an insignificant effect between with locus of control towards well-being. The results could be used as guide to related government agencies, financial institutions, and the individual as well in understanding the important of financial well-being to curb from facing financial problem and to sustain the quality of life from young age.

The Effect Of Financial Knowledge, Financial Attitude And Lifestyle On Financial Behavior On Shopee Users

This study aims to test the effect of financial knowledge, financial attitudes, and lifestyle on financial behavior in management students using Shopee. The development of technology today facilitates all human affairs, including buying and selling which is increasingly facilitated. In the current condition, namely the Covid-19 pandemic, it is also able to encourage people to shop more online. The use of marketplaces among students at the University of Muhammadiyah Gresik has led to the pattern of forming student financial behavior to become more consumptive. The number of samples used in this study were 100 respondents. The analytical technique to test the hypothesis is using the Statistical Package for the Social Sciences (SPSS). The results of this study indicate that financial knowledge has a significant effect on financial behavior, financial attitudes have no significant effect on financial behavior, and lifestyle has a significant effect on financial behavior.

The Effect of Financial Knowledge, Financial Attitude and Personality on Financial Behavior on Small Medium Crafts Micro Enterprises in Gresik District

This study aims to determine the effect of financial knowledge, financial attitudes and personality on financial behavior in handicraft businesses in Gresik Regency. The sample in this study used the saturated sample method from a total population of 80, so the samples taken were 80 handicraft entrepreneurs in Gresik Regency. The data analysis technique used multiple linear regression analysis. The results of multiple linear analysis prove that financial knowledge, financial attitudes and personality partially influence financial behavior in handicraft business actors in Gresik Regency. handycrafts.