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Journal : Enrichment: Journal of Multidisciplinary Research and Development

The Influence of Financial Literacy, Lifestyle, and Financial Inclusion on the Financial Management of Catholic Youth (OMK) of the Diocese of Maumere with Locus of Control as Moderation Wangge, Patrisius Raymond; Kusuma, Putu Sri Arta Jaya
Enrichment: Journal of Multidisciplinary Research and Development Vol. 2 No. 9 (2024): Enrichment: Journal of Multidisciplinary Research and Development
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/enrichment.v2i9.237

Abstract

This study aims to analyze the influence of financial literacy, lifestyle, and financial inclusion on the financial management of Catholic Young People (OMK) of the Diocese of Maumere, with the locus of control as a moderation variable. Using a quantitative method with an associative approach, data was collected through a questionnaire from 335 OMK respondents spread across 41 parishes in the Diocese of Maumere. The data was analyzed using Smart-PLS version 3. The results showed that financial literacy and financial inclusion had a significant positive effect on financial management, while lifestyle had a significant negative influence. Locus of control has been proven to strengthen the positive influence of financial literacy and financial inclusion, as well as weaken the negative influence of lifestyle on financial management. This study concludes that financial literacy, financial inclusion, and locus of control are important factors that support more optimal financial management among OMK, while consumptive lifestyle is a challenge that needs to be overcome. Practical implications of this study include providing guidance to OMK and pastoral ministers to improve financial management skills, as well as recommendations for policymakers to improve financial literacy and access to financial services for young people.
Co-Authors Anak Agung Ayu Ngurah Tini Rusmini Gorda Arlita, G.A. Desy Ayu Niata Sari, Luh Ayu Pramita Indraswari, I Gusti Agung Cahya Kencana, Anak Agung Sri Regina Dewa Ayu Ary Andrika Meranggi dewi, Ida Ayu Kusuma Dharma, I Gede Risky Pranata Dina Aristiya, Ni Made Enha Rahima Rahmi Gde Bagus Pradipta Nandana Putu Gde Marco Sucipta Gede Crisna Wijaya Gine Das Prena Gorda, A.A.A. Ngr Sri Rahayu Grahita, Ni Kadek Sandya Gusi Putu Lestara Permana Harika Putri, Made Ayu Chandra Dewi Hariyanto, Alycia Najwa I G A A Pramita Indraswari I G A N Alit Sumantri I G. A. Desy Arlita I Gusti Agung Ayu Pramita Indraswari I Kadek Beni Dwi Permana I Ketut Suryanawa I Made Chandra Mandira I Made Chandra Wijaya I.G.A Desy Arlita Ida Bagus Teddy Prianthara Indraswari, I G A A Pramita Indraswari, I Gusti Agung Ayu Pramita Intan Brilian Patricia J. Ana Jagaddhita, I Kadek Ekna Satria Kadek Srestiyani Komang Ayu Malini Kriswari Komang Ayu Malini Kriswari Komang Sri Widiantari Krisna Bayu, I Gusti Ngurah Agung Kustina, Ketut Tanti Laksmi, Kadek Wulandari Lestari, Ni Made Sri Indah Lusi Arianti, Ni Komang Maha Diva, Anak Agung Ira Maharani, Putu Serly Meilani, I Gusti Ayu Ratih Mewu, Marina Yetrin Sriyati Mini Citra Wati, Mang Mulya Wardani, Ni Komang Tri Adi Ni Komang Triana Dewi Ni Putu Budiadnyani Ni Putu Budiadnyani Ni Putu Dian Puspana Dewi Ni Putu Nina Eka Lestari Ni Putu Shri Ayu Wulan Devi Ni Putu Wisna Nadya Baby Bellinda Pramesti Ningsih, Ni Made Widiastuti Prianti, Ni Kadek Ayu Putri Maheswari, Ni Putu Putri Sima, Agung Pramafasya Putri, Komang Asri Widya Putri, Mutiara Sani Putri, Ni Putu Pradnya Sugiantari Putu Ayu Nandita Dewanti Aderia Putri Putu Nadya Somatariska Putu Pande R. Aprilyani Dewi Putu Seli Dianawati Putu Seli Dianawati Putu Wulan Karnia Dewi Rai Mita Rosita Dewi, Kadek Santika, Kadek Sinta Setia Devi, Anak Agung Istri Sihaloho, Gloria Ayu Natalia Sinyari, Ni Wayan Sri Fitriani Suciningsih, Luh Mas Prisila Sumantri, I G A N Alit Susila, Fany Swardyani, Winda Theadora, Kadek Wangge, Patrisius Raymond Wijaya, Gede Crisna Yuuka Narita Putri, Ni Made