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All Journal JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA)
Eri Sutrisno, Krisna
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Economics, Econometrics & Finance

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PENGARUH MEDIA SOSIAL DAN FOMO FINANSIAL TERHADAP MANAJEMEN KEUANGAN PRIBADI MAHASISWA Hatimatunnisani, Hani; Sandi Aryanti, Shofi; Pancawati, Kurnia; Eri Sutrisno, Krisna; Hermawan, Wawan
JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA) Vol 3 No 2 (2024): JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA)
Publisher : PUBLISHER ABISATYA DINAMIKA ISWARA PUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58268/eb.v3i2.122

Abstract

This study investigates the influence of social media usage and financial fear of missing out (FOMO) on the personal financial management of 52 students from Politeknik Pajajaran. A quantitative method with multiple linear regression was used to analyze questionnaire data. The results show that social media usage is positively and significantly correlated with financial management, while financial FOMO is negatively and significantly correlated. The regression model explains 32.3% of the variance in financial management that can be explained by social media and financial FOMO. These findings indicate the importance of financial literacy and strategies to mitigate FOMO in improving students' financial management. The implications of this research highlight the need for the integration of financial education into the curriculum and the development of financial counseling programs for students.
Co-Authors Hani Hatimatunnisani Pancawati, Kurnia Sandi Aryanti, Shofi Wawan Hermawan