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Journal : Dinasti International Journal of Economics, Finance

The Influence of Impulsive Buying and Fear of Missing Out on Financial Behaviour: The Role of Financial Literacy as a Moderator Rizky, Mega; Munawarah; Launa, Noval; Farid, Erwan Sastrawan
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 4 (2025): Dinasti International Journal of Economics, Finance & Accounting (September - O
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i4.4981

Abstract

The development of technology and social media has driven changes in consumer behaviour, particularly among the younger generation, shifting from conventional to online shopping. the ease of access to online shopping and the emergence of digital payment methods such as e-wallets and pay-later options can trigger impulsive buying behaviour and fear of missing out (FOMO), which in turn impacts individuals' financial behaviour. This study aims to analyze the influence of impulsive buying and FOMO on financial behaviour and explore the role of financial literacy as a moderating variable. This research employs a quantitative approach using a survey method involving 117 Palu City respondents with an income. the data analysis technique used is Structural Equation Modeling (SEM) based on Partial Least Squares (PLS), with the help of SmartPLS software. the results indicate that impulsive buying has a positive and significant effect on financial behaviour, while FOMO does not have a significant effect. Additionally, financial literacy does not moderate the relationship between impulsive buying, FOMO, and financial behaviour. these findings suggest that even though individuals may have good financial literacy, self-control remains a crucial factor in financial decision-making. This study contributes to the development of financial literacy by emphasizing cognitive aspects and the importance of strengthening affective aspects such as emotional control and resistance to social pressure.
Co-Authors Abdul Wahid Adelia Dwi Putri Afrida Agus, Zakiah Ahcmad Ulum Nadzir Syahril Mubarok Aiyubi, Teuku Muhammad Rizal Akhmad Kanzul Fikri Al-amin, Ahmad Aliyudin Alif, Muh. Alwi, Moh. Andi Indriani Ibrahim Andi Nur Ram Shafiira Andreza, Aulia Anggreani, Indah Anisa Anjelika Halim Anwar Arwin, Iksan Arzeti Aziz, Aisyah Binti Abdul Bahtiar, Yuyun Besse Wilda Buna’i C R K Bidin Candra Yuliana Cici Rianty K. Bidin Cristin Pebriola Cut Nyakdhin Damayanti, A. Triska DARMAN Dea Afrida Damanik Dennys Paulus Parlindungan Damanik Destya, Nada Deswita Martinez Dian Nirmasari Diana, Raden Rachmy Din, Muhammad Dina Maria Goretti Simbolon djono, bella Ella Rahmayanti Ellyza Fazlylawati Elma Sofia, Elma Erwan Sastrawan Fahrety, Eny Felix Imanuel Rachman FIRA, FIRA Fitriani Fitriani Nur, Fitriani Frisca, Ernos Gawit Hidayat Ghina Adhha Haura Gustandi, Michael Handika Suchra Hanson Marcello Hayati Hery Widijanto Hidayati, Rahma Imam Malik IRA NURIYA SANTI Irne Aryanie Irwan Nul Khairi ISNAWATI J Kadang Jawak, Nova Girly Br Ginting Jerry Nurriyansyah JHOLANT BRINGG LUCK AMELIA BR SINAGA Jovanka Juliana Kadang Jumriani Kamiruddin Khaira Rizki Lailatul Fitri Launa, Noval Lestari Dwi Santi Lisra Lorena Perangin angin Lukman LUKMAN, LUKMAN Magfira Maizatul Akmal Marzuki, Siti Fathia Shalaty Masrurah, Waqiatul Mawardi, Ardi Mazlan, Muhamad Fakarudin Bin Melda Vidianti Melkyory Andronicus Melviani Miranto, Fadil Mubarokah Sa’bana, Sofia Muh. Faisal Oksa. R Muhammad Agung Anggoro Muhammad Din Muhammad Lutfi Muliani, Sahri MUSLIMIN Mu’adzah, Afnan N F Salsabila Navlia, Rusdiana Nur Awalia Arsyad Nur Khafidhoh Nur Khafidhoh, Nur Nur Salamah Nurdin, Fadilah Nurkhalisah Nurul Amna Nurul Azmi Nurul Yaqin Onny Ziasti Fricilia Otong Karyono Panape, Fitriyani aziz Primaadi Airlangga Putra, Rafli Permana putra, rezkianandaputra Rahim, Aulia Raihan, Siti Raisa, Daeva Mubarika Rani Duha Ratna Mutia Rauf, Nurisnaeni Restu Ray Rhema Maya Yemima Waruwu Rian Risendy Ridhoi Asyari, Muhammad Riska Adelina br Ginting Risnawati Riza Bunaiya Rizky, Mega Ryan Kevin Fransiskus Silalahi Sabhan Salim, Moch Hanafi Setiawan, Filbert Shafly, Muhammad Fathin Sitti Zuhaerah Thalhah, Sitti Zuhaerah Somantri, Agung Angga Sumartan Sumartan Suminah Taslim, Andi Irga Satrawati Tawar Di Linge ulfa, ulfa wulan agustina Vallencia Gracella Vinka Natalova Nauli Silalahi Vitayanti Fattah Yalis, Irma Zainul Arifin, Muhyiddin Zuniar