Jurnal Fokus Manajemen
Vol 6 No 4 (2026): November

The Influence of Hedonistic Lifestyle and Financial Behavior on the Financial Literacy of Generation Z Employees at SayGroup Medan Office

Ayu Aulia (Universitas Pembangunan Panca Budi)
Hernawaty Hernawaty (Universitas Pembangunan Panca Budi)
Geby Citra Ananda (Universitas Pembangunan Panca Budi)



Article Info

Publish Date
05 Nov 2026

Abstract

This study aims to analyze the influence of hedonistic lifestyle and financial behavior on financial literacy among Generation Z employees at SayGroup Medan, both partially and simultaneously. This study employed a quantitative approach using a survey method. The population consisted of Generation Z employees at SayGroup Medan, with a total sample of 30 respondents. Data were collected through a Likert-scale questionnaire and analyzed using SPSS, including validity testing, reliability testing, classical assumption testing, multiple linear regression analysis, partial test (t-test), simultaneous test (F-test), and coefficient of determination. The findings show that hedonistic lifestyle has a negative and significant effect on financial literacy, while financial behavior has a positive and significant effect on financial literacy. Simultaneously, hedonistic lifestyle and financial behavior significantly affect the financial literacy of Generation Z employees at SayGroup Medan. The research model also demonstrates a very strong explanatory power for variations in financial literacy. This study contributes to the development of behavioral financial management studies, particularly regarding factors influencing the financial literacy of Generation Z employees. Practically, the findings can serve as input for companies and young workers to improve financial management through lifestyle control and better financial behavior.

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Journal Info

Abbrev

fokusman

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Management Focus Journal covers various research approaches, namely: quantitative, qualitative and mixed methods. Management Focus Journal (JFM) focuses on various themes, topics and aspects of management, strategic management and entrepreneurship, including (but not limited to) the following ...