The Effect of Financial Literacy on Financial Management Behavior with Income, Lifestyle, and Education Level as Control Variables among Micro Entrepreneurs in Ternate

Rusandry (Universitas Khairun)
Agatha Christy Situru (Universitas Khairun)
Zandy Pratama Zain (Universitas Khairun)
Mahardika Catur Putriwana Malik (Universitas Khairun)

MANDAR: Management Development and Applied Research Journal
Vol. 8 No. 2 (2026): June Period

This study aims to analyze the effect of financial literacy on financial management behavior, with income, lifestyle, and education level as control variables among micro-entrepreneurs in Ternate. This research employs a quantitative approach using a survey method through the distribution of questionnaires to respondents. The data analysis was conducted using the Statistical Package for the Social Sciences (SPSS) version 30 with multiple linear regression analysis. The results indicate that financial literacy has a positive and significant effect on financial management behavior, and that income, lifestyle, and education level as control variables also influence the financial management behavior of micro-entrepreneurs in Ternate. The results of this study emphasize that improving financial literacy should be a priority for micro entrepreneurs in Ternate. By improving their knowledge and skills in using technology and financial management, they can increase operational efficiency and competitiveness