| By: |
Markonah Markonah (Faculty of Economics and Business, Perbanas Institute, Jakarta, Indonesia Author-2-Name: Hedwigis Esti Mediteraniai Author-2-Workplace-Name: Faculty of Economics and Business, Perbanas Institute, Jakarta, Indonesia Author-3-Name: Yohanes Ferry Cahaya Author-3-Workplace-Name: Faculty of Economics and Business, Perbanas Institute, Jakarta, Indonesia Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: |
" Objective - Personal financial management is a way of managing finances that
is the responsibility of the individual. This study analyzes the effect of
financial literacy, financial attitude, and hedonistic lifestyle on personal
financial management in Islamic Economics students at Perbanas Institute
Jakarta. The benefit of this research is that Islamic Economics Students at
the Perbanas Institute, Jakarta, are more careful in managing their personal
finances. Methodology – The population in this study was Perbanas Institute
Jakarta Islamic Economics students' class of 2018-2021. The sample in this
study was obtained from questionnaire data distributed to 100 respondents
using the nonprobability sampling method. Sampling used accidental sampling.
Findings – Using regression analysis, data were processed with SPSS version
25. The results showed that the hedonistic lifestyle proved to have a positive
and significant effect on personal financial management. In contrast,
financial literacy and financial attitude had no effect on personal financial
management. Adjusted R Square value of 23.2% states that Personal Financial
Management is influenced by Financial Literacy, Financial Attitude, and
hedonistic lifestyle of 23.2%. Novelty – It is recommended to improve the
hedonistic lifestyle in managing their finances and how to allocate time
effectively so that Personal Financial Management also increases so that they
can save expenses. Type of Paper - Empirical" |
| Keywords: |
Financial Literacy, Financial Attitude, Hedonism Lifestyle, Personal Financial Management. |
| JEL: |
G21 G34 B26 |
| Date: |
2023–12–31 |
| URL: |
http://d.repec.org/n?u=RePEc:gtr:gatrjs:jfbr218&r=fle |