International Journal on Social Science, Economics and Art
Vol. 14 No. 3 (2024): Nov: Social Science, And Economics

The Influence of Financial Education and Financial Literacy in Improving Financial Management Behavior in Tasikmalaya MSMEs Business Actors

Rosliyati, Ati (Unknown)
Iskandar, Yusuf (Unknown)



Article Info

Publish Date
01 Dec 2024

Abstract

Financial education plays a crucial role in the sustainability and development of micro, small, and medium enterprises (MSMEs). This study aims to examine the influence of financial education and financial literacy on financial management behavior. The research uses a quantitative approach with a survey method. A quantitative approach was chosen to observe the effect of financial education and literacy on the financial management behavior of MSMEs in Tasikmalaya City. The research instruments consist of questionnaires related to financial education, the level of financial literacy (adapted from the Financial Literacy Index by OJK) assessing basic financial knowledge, and questionnaires related to financial management behavior. The data analysis technique uses regression tests to determine the influence of the independent variables on the dependent variable. The conclusion of this study indicates that financial education and financial literacy significantly impact financial management behavior. This underscores the importance of these two factors in improving financial management behavior among MSME players.

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Journal Info

Abbrev

ijosea

Publisher

Subject

Religion Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice

Description

International Journal on Social Science, Economics and Art is an open access, peer-reviewed and refereed journal published by Institute of Computer Science (IOCS), Indonesia. The main objective of International Journal on Social Science, Economics and Art is to provide an intellectual platform for ...