The Effect Of Digital Financial Literacy And Financial Capability Of The Financial Well-Being Of Digital Saving Users (Case Study On Generation Z In Denpasar City)

Ni Kadek Rista Permata Dewi (Politeknik Negeri Bali)
Ketut Vini Elfarosa (Politeknik Negeri Bali)
Gede Sedana Wibawa Yasa (Politeknik Negeri Bali)

eCo-Buss
Vol. 9 No. 1 (2026): eCo-Buss

The objective of this research is to determine the influence of Digital Financial Literacy (DFL) and Financial Capability (FC) on the Financial Well-being (FWB) of Generation Z digital saving users in Denpasar City. A quantitative method is used in this research using survey techniques with purposive sampling technique. Data were gathered through the Likert scale 1-5 questionnaire and analyzed using multiple linear regression. Based on the results, it is found that DFL and FC have a positive and significat effect on FWB with the value of the coefficient of determination obtained is 50.4%. These results affirm that improving the financial well-being of Generation Z requires strengthening DFL and FC in an integrated manner. This research expected to be a source for digital saving platforms, the Financial Services Authority, and educational institutions in designing literacy interventions and financial capabilities that are right on target for Generation Z in Denpasar City.