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Journal : Economic Education Analysis Journal

The Influence of Financial Literacy and Financial Behavior on Financial Well-being Moderated by Family Economic Education Aliffansyah, Dhani; Sudarno; Sabandi, Muhammad
Economic Education Analysis Journal Vol. 13 No. 3 (2024): Economic Education Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/dykkaa86

Abstract

This study aims to (1) the effect of financial literacy on financial well-being of UNS students; (2) the effect of financial behavior on financial well-being of UNS students; (3) the effect of family economics education in strengthening financial literacy and financial behavior on financial well-being of UNS students. This research was quantitative research with a population of UNS students. This study used 269 samples by using probably sampling technique. The data collection technique was used a Likert scale of 1-5 points and a dummy variable which was distributed directly via the Google form. Test the validity of the instrument using Confirmatory Factor Analysis (CFA) and test the reliability using Cronbach Alpha. The research hypothesis was tested using Moderated Regression Analysis (MRA) after descriptive statistical tests and analysis prerequisite tests were carried out and processed with SPSS 24 software. This study gave the results that (1) there was a positive and significant effect of financial literacy on the financial well-being of UNS students; (2) there was a positive and significant influence of financial behavior on financial well-being of UNS students; (3) family economic education moderates the relationship between financial literacy and financial behavior on the financial well-being of UNS students.
Financial Literacy, Risk Perception, Overconfidence Moderated by Financial Education on Investment Decisions Pambudi, Titis Rena Siwi; Sudarno; Sabandi, Muhammad
Economic Education Analysis Journal Vol. 13 No. 2 (2024): Economic Education Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/8x7g2419

Abstract

This study aims to determine: effect of financial literacy on investment decision making; effect of risk perception on investment decision making; effect of overconfidence on investment decision making; effect of financial education on strengthening financial literacy and risk perception on Investation decision. This research uses quantitative type with investors in Surakarta as population. The sample of 160 was taken using a non probably sampling technique. Data collection techniques used a questionnaire with a Likert scale of 1-5 points and a dummy variable with a value of 0 or 1, distributed via Google form. Validity test using Confirmatory Factor Analysis (CFA) and reliability test using Cronbach Alpha. The hypothesis was tested through Hierarchical Regression after a descriptive statistical test and classic assumption test were performed. The data were processed using SPSS 25 software. The results of the study proved that (1) there was a significant positive effect of financial literacy on investment decision making; (2) there was a significant positive effect on perceived risk on investment decision making; (3) there was a significant negative effect of overconfidence on investment decision making; and (4) financial education moderates financial literacy, risk perception, and overconfidence in investment decision making.
Co-Authors Abdullah Achmad Hindasyah Agusti, Nur Dana Candra Ahmad Mustafa Ajat Sudrajat Aliffansyah, Dhani Andriani, Hania Anggai, Sajarwo Anggraini Rahmawati, Meisi Annaastasia, Nurhuda Antono, Gilang Apringganingrum, Erlita Aslan Alwi, Aslan Asriyana, . Ayu Agustina, Niken Aziz, Mohammad Aldo BADRAPURA, CHENY AGSNA BAHRUL ULUM Baliningtyas, Nadia Selva Bayumurti, Adelia Brilliandra Dharma Satya, Muhammad Budiman Chasanah, Rochmatul Daud Adi Prasaja, Daud Adi Prasaja Dedy Oetama Dewi, Yuni Rosita Dhedy Listyawan Dian Muliasari Dini Octoria Djumahir Elfara Septiani Eva Sylvia Feri Setyowibowo Ferry Yonathan Haslianti Hasnia Arami Hasuba, Tezza Fauzan HERI SETYAWAN Hikmatul Fawziyah, Fika Hutahuruk, Marice Br Idrus, M. Syafi'i Ilham Idfiana Imam Syafganti INDRAYANI INDRAYANI Irfan Saeful Bahri Jali, Wa JAMALUDIN Kamila, Nurul Kamri, Syamsul Karim, Muhammad Said Kersiati KHOIRUL ANAM Komariah Kukum Manieh Nuryasin Kristiani La Ode M. Yasir Haya, La Ode M. La Ode Muhammad Arsal Lawelle, Sjamsu Alam Lina Adrianti Makhsun Mangurana, Wa Ode Intiyani Marice Br Hutahuruk MIFTACHUL JANNAH Muhammad Akbar Chalil Muhammad Ilham Kurniawan Muhammad Najwah Muhammad Sabandi Muhammad Suprihatin Muhammad Trial Fiar Erawan Mujiono Mulyono, Resha Dwi Ayu Pangesti Munafi'ah, Binti Munirah Muslim Tadjuddah Naslina Alimina Nicholas Renaldo Noercahyo, Aji Novi Wulandari Widiyanti Nur Achyani, Fatchan Nur Rohmah Nyoto Nyoto Pambudi, Feta Kukuh Pambudi, Titis Rena Siwi Panjaitan, Harry Pariduri, Fatmawati Permatahati, Yustika Intan Priyatna, Agus Priyono Purnama Nugroho Rahman, Sarli Rahmatika, Aulia Ridwan Rizki Kurniandi Septiya, Intan Setiyawan, Puri Sieghnorri, Anatasya Novi Siswandari Sriadmitum, Ike Surikin SUTRISNO Syahli Lastri1 Taswanda Taryo Triyanto, Andy Ubud Salim Wa Jali Wahid Aldi Nugroho Wijaya, Evelyn Yudha Rangga WP