Asian Journal of Management, Entrepreneurship and Social Science
Vol. 4 No. 01 (2024): Pebruary, Asian Journal of Management Entrepreneurship and Social Science ( AJ

The Effect of Financial Literacy and Lifestyle on Financial Management of Students from Management UII

Dafa Januar Resnaputra (Management Study Program, Faculty Of Business And Economics, Universitas Islam Indonesia)
Nurfauziah Nurfauziah (Management Study Program, Faculty Of Business And Economics, Universitas Islam Indonesia)



Article Info

Publish Date
08 Dec 2023

Abstract

This study aims to identify the impact of financial literacy and lifestyle on the financial management of Management students at Universitas Islam Indonesia. By having good financial literacy and an organized lifestyle, each individual can manage money effectively and efficiently to establish financial well-being. This research study is a quantitative study with a total of 40 questions which are divided into 2 parts, specifically student financial literacy & lifestyle and student financial management. This questionnaire was adapted from Chen & Volpe's (1998) research. The data collected were 88 students majoring in management at UII in the 2019-2020 academic year. With primary data collection methods generated from purposive sampling techniques and analyzed using a Likert scale. The results of this study indicate that financial literacy and lifestyle have a positive effect on the financial management of UII management students. For further research, researchers recommend that future researchers can measure the perceptions of respondents from among students who have side jobs, use a more specific place or number of respondents, and are expected to include financial wellbeing variables from each respondent studied.

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Journal Info

Abbrev

ajmesc

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Asian Journal of Management, Entrepreneurship and Social Science (AJMESC) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality empirical ...