Financial Attitudes Research Articles

Financial Literacy and Credit Accessibility for Small Scale Business Sustainable Growth

This study is based on financial literacy and credit accessibility for small scale business sustainable growth Owo, Ondo State. The specific objectives of this study were; to examine the impact of financial behaviour, financial attitudes on the performance of small and medium scale enterprises in Owo, Ondo state. The population of the study was 218 respondents of owners and employees of SMEs in Owo, Ondo state. The study used primary data which was collected using questionnaire which comprised of both open ended and close ended questions each addressing the study's objectives. 218 copies questionnaire were administered out of which 181 were retrieved and used for data analysis. Analysis on the demographic features of the respondents were carry out with multiple regression method was used to test for two hypotheses. The result of the study indicates that; financial behaviour has a positive significant on the performance of SMEs in Owo, Ondo State, that financial attitude has positive and significant relationship with the performance of SMEs in Owo, Ondo State. The findings led to the conclusion that financial behaviour and financial attitude have a significant effect on SMEs performance and can directly determine the organization growth and increase in business assets. The study therefore recommended that owners and employees of SMEs should take a conscious effort to improve upon their financial behaviour and financial attitude by attending workshops, conferences and short courses on financial literacy.

The drivers of adult financial literacy: Exploring the role of attitudes towards finance

AbstractThis study investigates the factors driving the financial literacy of adult population in Spain using a regression count model (specifically the latent class Poisson model). The paper pays special attention to the effect of certain financial attitudes and financial personality traits (such as financial myopia, risk aversion, attitude to financial planning and self‐perception of financial vulnerability) upon financial literacy. The results demonstrate a positive association between the financial skills, the sociodemographic characteristics and the attitudes and personality traits of individuals regarding finances. Furthermore, the analysis permits the conclusion that the effects of the financial attitudes analysed in the study vary among the different population groups, which suggests the need to adapt financial literacy promotional programs to the characteristics of the target group. Findings have implications for financial educators, practitioners and policymakers to help them recognize the proper financial program to be delivered on the basis of the FL levels and the sociodemographic composition of the individuals.

Pengaruh Literasi Keuangan Terhadap Minat Masyarakat Dalam Menggunakan Pinjaman Online Pada Masyarakat Kota Kupang

Online loans are currently increasingly popular among the public with the development of technology. The sophistication of this technology has had a very significant impact on the survival of society, which will make people more consumptive through the arrival of electronic or non-cash means of payment, without cash this will create impulsive shopping behavior where someone buys products without planning. This research aims to analyze the influence of financial knowledge on online loan interest behavior, to determine the influence of financial behavior on online loan interest and to determine financial attitudes towards online loan interest in the Kupang city community. This research uses primary data by distributing questionnaires online to 100 respondents in Kupang City who are online loan users. This research uses non-probability purposive sampling. Data analysis in this research uses multiple linear regression analysis with the results of the research showing that financial knowledge, financial behavior and financial attitudes have a significant effect on interest in online loans among people in Kupang City.

Pengaruh Sikap Keuangan, Kontrol Diri dan Self Reward Terhadap Pengelolaan Keuangan pada Generasi Z di Kecamatan Telukjambe Barat

This research aims to determine the effect of financial attitude variables, self-control and self-reward on financial management. Furthermore, this research also aims to identify the factors that have the greatest effect on financial management. This study used a verifiative descriptive method. The sampling technique is purposive sampling and uses the Slovin formula. The study was conducted using a Likert scale questionnaire distributed via Google Form to 100 Generation Z respondents in West Telukjambe District. Data analysis techniques use path analysis and simultaneous and partial hypothesis testing. The results of this study showed a positive correlation between variables X1 and X2, X1 and X3, and X2 and X3. Partially, financial attitudes have a positive and significant influence on financial management. Self-control has a positive and partially significant effect on financial management, while self-reward has a partial negative and significant effect on financial management. Then, variables such as financial attitude, self-control and self-reward also has a significant simultaneously on financial management.

Chinese College Student Financial Literacy: Knowledge, Attitude, and Behavior

The “campus loans” crisis has highlighted the importance of financial literacy among Chinese college students. Based on an analysis of 2,266 valid questionnaires, this study utilized survey data and logistic regression to examine the correlations between demographic and behavioral factors and financial literacy among students. The results indicated that, compared to their international counterparts, Chinese students generally possess less financial knowledge. However, they exhibit stronger financial attitudes and behaviors. A significant gender disparity was observed, with female students outperforming male students in financial literacy. Students attending more prestigious universities, particularly those majoring in economics, management, science, and engineering, and those dedicating more time to financial education, showed higher levels of financial literacy. Additionally, positive social interactions were associated with enhanced financial literacy. The study also identifies a “Surrounding People Effect,” where the presence of financially knowledgeable peers, friends, and family correlates with improved financial literacy among college students. These findings offer critical insights for developing targeted policies to enhance financial literacy among Chinese college students.

The Effect of Financial Knowledge, Financial Attitudes and Financial Management Behavior on Financial Satisfaction of Gopay Fintech Users in Malang City

This study aims to determine the effect of financial knowledge, financial attitude and financial management behavior on financial satisfaction among fintech gopay users in Malang city. The number of samples in this study were 100 respondents with a purposive sampling method. The object of this research is the people of Malang city. The data analysis method used is multiple linear regression with SPSS 25 software. The results of this study indicate that the three independent variables, namely financial knowledge, financial attitudes and financial management behavior simultaneously and partially influence financial satisfaction.

AN EMPIRICAL STUDY ON IMPLICATIONS OF FINANCIAL LITERACY ON FINANCIAL WELL-BEING

The study aimed to assess the level of financial literacy among individuals in Delhi. The implications of financial literacy on financial well-being were analysed. Financial literacy was measured using three dimensions: financial attitude, financial knowledge and financial behaviour. An attempt was also made to identify financial knowledge under/overconfidence. The relationship between various socio-demographic factors with financial literacy and financial well-being was also analysed after investigation. The primary data was collected and analysed using statistical tools such as percentage analysis, t-test, ANOVA, linear multiple regression analysis, and chi-square analysis and finally, a Structural equation model was constructed to understand the impact of financial literacy on financial well-being. The analysis uncovered some significant findings, which are summed up in this paper. Various areas of concern are also identified and suggestions are offered to improve financial literacy and enhance financial well-being.

Determinants of Financial Literacy and Investment Behavior: Evidence from University Students

The research explores Financial Literacy (FL) among undergraduate students. The study aims to evaluate the FL of a specific group of undergraduate students. It investigates how different demographic and socioeconomic factors influence these students' FL and analyzes various demographic and socioeconomic factors to determine if they are better predictors of FL among students. The demographic and socioeconomic factors analysis shows that FL among university students is generally low. Male students studying business and coming from higher-income families have improved FL, while students in their early twenties typically have lower levels of FL. Educators should help low-income parents and women with FL, promoting financial inclusion. Helping women improve their financial understanding brings numerous benefits and positively influences the financial attitudes of their children, encouraging them to foster strong financial skills and knowledge from an early ages.

Influence of Financial Knowledge and Financial Attitude on Investment Decisions of UIN Raden Mas Said Surakarta Students

Influence of Financial Knowledge and Financial Attitude on Investment Decisions of UIN Raden Mas Said Surakarta Students

Impact of Financial Literacy of MSE’s on The Use of Financial Products

Objective – The purpose of this study is to find the impact of financial literacy of micro and small enterprises on financial products. Methodology/Technique – Data was collected through the distribution of questionnaires. The method used was data analysis using multiple regression analysis technique. The sample of this study was 70 small and micro enterprises in Sumba Island, East Nusa Tenggara. Findings – The findings reveal a positive correlation between financial literacy and financial products. Novelty – Improving financial literacy among SMEs will lead to increased use of financial products. The significance of this study is to implement information dissemination and training programs to improve financial literacy and promote the adoption of financial products among SMEs in Sumba Island. Type of Paper: Empirical JEL Classification: G02, G32, G39. Keywords: Inclusion, Financial Literacy, Financial Knowledge, Financial Behavior, Financial Attitude Reference to this paper should be made as follows: Amtiran, P.Y; Anabuni, A.U.T; Yuni, E; Balle, M.Y; Maima, J. (2024). Impact of Financial Literacy of MSE’s on The Use of Financial Products, J. Fin. Bank. Review, 9(1), 38 – 48. https://doi.org/10.35609/jfbr.2024.9.1(2)

Financial Literacy, Financial Behavior, and Financial Attitude Toward Invesment Decision

This research aims to determine and analyze the influence of financial literacy, financial behavior and financial attitudes on investment decisions. The type of research used is quantitative research using descriptive methods. The type and source of data used is primary data, namely data collected and processed by the researcher himself from the object. The total population in this study was 52 people and the sampling technique used was total sampling. Data was collected using a questionnaire method from 52 respondents who were sampled in this study. The data analysis techniques used in this research are descriptive statistical analysis, data quality test, classical assumption test, multiple linear regression test, F test, t test and coefficient of determination with the help of the SPSS version 24 software program. The results of this study show that financial literacy , financial behavior and financial attitudes have a significant influence on investment decisions.

Influence Of Financial Literacy And Financial Management Behavior Among Students Of UIN Smh Banten

From survey data conducted by the Financial Services Authority regarding national finance, the financial literacy index in Banten is still below the national average of 45.19 percent. This was conveyed directly by the Head of OJK Jabodetabek and Banten Province in 2022. The low financial literacy index in Banten, OJK invites to jointly improve finance in the community, especially in students. Financial literacy is knowledge, skills, beliefs that influence a person's financial attitudes and behavior to improve the quality of decision making and financial management in order to achieve prosperity. This study uses a survey method in collecting answers from respondents. Using 50 samples of students at Banten State Islamic University who were randomly selected. The results of data collection through questionnaires that will be processed and analyzed using linear regression statistical methods. Based on this, it was found that financial literacy with indicators of basic knowledge of personal finance, personal financial records, and financial behavior had an effect on student financial management.

The Role of Financial Behavior in Mediating Financial Literacy, Financial Attitudes, Business Performance, and Business Sustainability in Jayapura City’s MSMEs

Examining the mediating role of financial behavior on the relationships between financial literacy, financial attitudes, business performance, and the sustainability of MSMEs in Jayapura City is the aim of this study. It is anticipated that the analysis will serve as a helpful guide for the next studies. This study is quantitative in nature and tests hypotheses using a descriptive methodology. The way that data is gathered is through distributing questionnaires. One tool for data analysis methods is WarpPLS analysis. The findings showed that as a mediating variable between financial literacy and company performance, financial management behavior has a big impact on the sustainability of businesses. This indicates that MSME owners in Jayapura City are aware that taking financial literacy-related actions will assist the long-term viability of their company. Nevertheless, financial management behavior characteristics are unable to moderate the relationship between financial attitudes toward company sustainability among MSME actors in Jayapura City. It is anticipated that similar future studies can be conducted with a moderation or intervention approach and apply wider data, for example, in provinciallevel areas, to create conclusions that are more applicable to the expansion of MSMEs in other locations

The Role of Financial Behavior in Mediating Financial Literacy, Financial Attitudes, Business Performance, and Business Sustainability in Jayapura City’s MSMEs

Examining the mediating role of financial behavior on the relationships between financial literacy, financial attitudes, business performance, and the sustainability of MSMEs in Jayapura City is the aim of this study. It is anticipated that the analysis will serve as a helpful guide for the next studies. This study is quantitative in nature and tests hypotheses using a descriptive methodology. The way that data is gathered is through distributing questionnaires. One tool for data analysis methods is WarpPLS analysis. The findings showed that as a mediating variable between financial literacy and company performance, financial management behavior has a big impact on the sustainability of businesses. This indicates that MSME owners in Jayapura City are aware that taking financial literacy-related actions will assist the long-term viability of their company. Nevertheless, financial management behavior characteristics are unable to moderate the relationship between financial attitudes toward company sustainability among MSME actors in Jayapura City. It is anticipated that similar future studies can be conducted with a moderation or intervention approach and apply wider data, for example, in provinciallevel areas, to create conclusions that are more applicable to the expansion of MSMEs in other locations

Pengaruh Literasi Keuangan Terhadap Kesejahteraan PNS di Kota Bengkulu

This research aims to examine the influence of financial literacy on the welfare of Civil Servants (PNS) in Bengkulu City. Using the Structural Equation Modeling (SEM) model and SmartPLS 4.0 software, this research analyzed data from 60 respondents who were civil servants in Bengkulu City. The variables used in the research are financial behavior, financial attitude and financial knowledge and welfare. The research results show that financial behavior, financial attitude and financial knowledge have a significant influence on the welfare of civil servants. Good financial behavior, positive financial attitude and adequate financial knowledge have been proven to improve the welfare of civil servants. This research provides new insights into the factors that influence the welfare of civil servants and suggests that government agencies can consider these aspects in designing human resource development programs. In doing so, this research contributes to the behavioral finance and welfare literature of civil servants, as well as providing practical implications for human resource management in the public sector.

The Effect Of Financial Attitude On Personal Financial Management: Financial Literacy As A Mediating Variable

The Effect Of Financial Attitude On Personal Financial Management: Financial Literacy As A Mediating Variable

The Influence of Digital Literacy, Financial Attitudes, and Income on the Financial Management of Working Women in Pontianak City

The Influence of Digital Literacy, Financial Attitudes, and Income on the Financial Management of Working Women in Pontianak City

The influence of financial knowledge on financial management behavior with locus of control and financial attitude as mediation variables

The rapid development of Financial Technology (Fintech) has had an impact on Indonesia's digital economy. Paylater has become the service people choose to meet their daily needs in addition to the increasing number of business transactions carried out electronically (ecommerce). The increase in the use of paylaters in e-commerce increases every year, accompanied by negative impacts such as impulsive buying and consumptive behavior that can befall users and heve derimental impact, especially Generation Z on the island of Java, if they do not have good Financial Management Behavior. The unique phenomenon that currently occuring is that there is an increase in the knowledge possessed but the Non Performing Loan (NPL) rate is also high. This research aims to determine the factors that influence of Financial Knowledge on Financial Management Behavior with Locus of Control and Financial Attitudes as mediation. This research is categorized as explanatory research. The respondents in this study were Generation Z e-commerce paylater users on the island of Java. The sample size in this study was determined using a purposive sampling technique with a total sample of 317 respondents. The data collection method uses a questionnaire, data is analyzed using PLS-SEM. The research results show that Financial Knowledge influences Financial Management Behavior and Locus of Control and Financial Attitudes as a psychological variable added based on Behavioral Finance partially mediate this relationship. It is hoped that beside from increasing their knowledge, ecommerce paylater users on the island of Java must have faith for what in what they can get in the future is controlled by themselves and attitudes in carrying out financial management.

Financial Literacy, Financial Attitude and Financial Well-being of University of Cape Coast Staff During COVID-19 Pandemic

Financial Literacy, Financial Attitude and Financial Well-being of University of Cape Coast Staff During COVID-19 Pandemic

The Influence Literacy, Income and Financial Attitude on Financial Management Behavior

The problem in this research is the consumptive behavior carried out by the community or the lack of good financial management behavior. This is supported by the rapid development of technology that has an impact on people's lifestyles. This study aims to examine the effect of financial literacy on financial management behavior. This study aims to examine the effect of income on financial management behavior. This study aims to examine the effect of financial attitude on financial management behavior. The sampling method used is a quantitative method by collecting surveys or questionnaires. The sample in the study was 100 students of the Faculty of Economics, Business and Social Sciences at Pelita Bangsa University. The author uses a Likert scale in measuring variables with simple random sampling technique. The data analysis used was multiple linear regression analysis with the help of SPSS version 23. The results of this study indicate that Financial Literacy influences Financial Management Behavior, Income influences Financial Management Behavior, Financial Attitude influences Financial Management Behavior.