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Journal : Journal of International Conference Proceedings

Financial Management Within Young Workers in East Medan: The Role of Lifestyle, Job Position, and Financial Literacy with Income as a Mediator Lestari, Sri Puji; Sari, Maya; Astuty, Widia; Fitri Wahyuni, Sri
Journal of International Conference Proceedings Vol 8, No 1 (2025): 2025 ICPM Malaysia Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v8i1.3979

Abstract

This study aims to examine how individual and socioeconomic factors, namely Lifestyle, Position, and Financial Literacy influence a person’s ability to manage their finances, with a particular focus on the mediating role of Income. Employing a quantitative and explanatory research approach, the study gathered data from 100 respondents and utilized path analysis through the PLS (Partial Least Squares) software to evaluate the relationships among the variables. The analysis reveals that Lifestyle, Position, Financial Literacy, and Income all have a direct and statistically significant effect on Financial Management. Furthermore, Lifestyle, Position, and Financial Literacy each have a notable impact on Income, suggesting their importance in shaping one’s earning potential. Income, in turn, functions as an effective mediator, strengthening the indirect effects of the three independent variables on Financial Management. These findings underscore the importance of financial awareness and personal development, especially for young workers in East Medan City. By enhancing their financial literacy, recognizing the influence of their social and occupational status, and applying intentional strategies in planning, budgeting, monitoring, and securing their finances, they can achieve better financial outcomes and long-term stability.
Co-Authors ., Tukidi Agung Wibowo Agus Setiawan Agus Suryanto Ahmal, Vicko Javier Alahsyari, Muhammad Fauzi Amah, Elbert Samuel Landu Andalan Tri Ratnawati Anggita Husada Annisa, Ishma Ardina, Yenli Arifah, Ismi Nur Artati, Noor Endah Atik, Yansen Azzam, Muhammad Abdullah Bakti, Aji Setiya Budi Sawitri Cindy Phasalita Widayatma Claudia, Devky Adelita Dewi Khurun Aini Dewi, Tyas Soemarah Koernia Djuwartini Dwi Indah Iswanti Dwi Pepri Rahmawati, Dwi Pepri Fahrurrozy, Mohammad Farid, Abdul febriyanti febriyanti Feby Musti Ariska Fery Agusman Motuho Mendrofa Fitri Wahyuni, Sri Fredy Hermanto, Fredy Fuad Riyadi, Fuad Hafiz, Muhammad Shareza Handayani, Sri Harini, Nyang Vania Ayuningtyas Harjono Harjono Hasyim Hasyim Heri Prasetyo Hidayatullah, Bayu Honorata Ratnawati DP Ichwan, Zaidan Al’ Ilmiasari, Yeyen Irdawati, I Janti Soegiastuti Joko Riyanto Khamimah Khamimah Khamimah Krisnawati, Vira Hari Lestari, Sofi Sri Indah Masfia, Irma Matatula, Denis Andre Maya Sari Muchayatin, Muchayatin Muhammad Ridwan Muhammad Rivai Murtadha, Rafly Hayata Musprihadi, Ribut Mustikaningrum Hidayati Nasution, Yusneni Afrita Nufus, Zakiatun Nurchayati Nurchayati Nurkhasanah, Yayuk Pebri Olivia, Dhea Parju, Parju Prihatin Tiyanto Putra, Ungki Prabowo Putri, Dhyta melliany Putro, Ungki Prabowo Radiman, Radiman Ratnawati , Andalan Tri Rika Rizky Hidayat, Rizky Royhanaty, Isy Sari, Yuni Elmita Selma Khoirunnisa Nirmala Setyobudi Setyobudi Siregar, Qahfi Romula Siti Aminah SITI AMINAH Son haji, Son Soraya, Lulu Sri Fitri Wahyuni Sulistyani Sulistyani Supartono - Supratiningrum Supratiningrum Syafitri, Normalita Teguh Supriyadi Widia Astuty ZIKRINAWATI, KHAIRANI