Pengaruh Financial Literacy dan Financial Self-efficacy terhadap Financial Satisfaction dengan Financial Management Behavior sebagai Variabel Mediasi
Article Sidebar
Read Counter : 588
Download : 342
Main Article Content
Abstract
The purpose of this study was to determine the effect of financial literacy and financial self-efficacy on financial satisfaction by adding the mediating effect of financial management behavior. The population in this study are all people who already have income in the DKI Jakarta area. The number of samples in this study was 250 respondents. The test used in this study uses the SEM-PLS data analysis technique. The results of this study indicate that there is no influence of financial literacy on financial satisfaction and there is a positive influence of financial self-efficacy on financial satisfaction. Instead, it was found that financial literacy can have a positive and significant effect on financial satisfaction through the mediation of financial management behavior with the meaning of full mediation. It can be interpreted that financial management behavior has an important role so financial literacy can affect financial satisfaction.
Tujuan penelitian ini untuk mengetahui pengaruh financial literacy dan financial self-efficacy terhadap financial satisfaction dengan menambahkan pengaruh mediasi financial management behavior. Populasi dalam penelitian ini adalah semua masyarakat yang telah mempunyai penghasilan di wilayah DKI Jakarta. Jumlah sampel pada penelitian ini terdapat 250 responden. Pengujian yang digunakan dalam penelitian ini menggunakan teknik analisis data SEM-PLS. Hasil penelitian ini menunjukkan tidak memiliki pengaruh financial literacy terhadap financial satisfaction dan terdapat pengaruh positif financial self-efficacy terhadap financial satisfaction. Selain itu, ditemukan hasil bahwa financial literacy dapat berpengaruh secara positif dan signifikan terhadap financial satisfaction melalui adanya mediasi financial management behavior dengan makna full mediation. Dapat diartikan bahwa financial management behavior memiliki peran penting sehingga financial literacy dapat memengaruhi financial satisfaction.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Jurnal Manajemen Bisnis dan Kewirausahaan Creative Commons Attribution-ShareAlike 4.0 International License.
References
Aboagye, J., & Jung, J. Y. (2018). Debt holding, financial behavior, and financial satisfaction. Journal of Financial Counseling and Planning, 29(2), 208–218. https://doi.org/10.1891/1052-3073.29.2.208
Anthes, W. L., & Most, B. W. (2000). Frozen in the headlights: The dynamics of women and money. Journal of Financial Planning, 13(9), 130–142.
Asebedo, S., & Payne, P. (2019). Market volatility and financial satisfaction: The role of financial self-efficacy. Journal of Behavioral Finance, 20(1), 42–52. https://doi.org/10.1080/15427560.2018.1434655
Badan Pusat Statistik. (2020). Persentase penduduk miskin September 2019 turun menjadi 9,22 persen. In Badan Pusat Statistik. https://www.bps.go.id/pressrelease/2020/01/15/1743/persentase-penduduk-miskin-september-2019-turun-menjadi-9-22-persen.html
Bandura, A. (1994). Self-efficacy. In V. S. Ramachaudran (Ed.), Encyclopedia of Human Behavior (Vol. 4, pp. 71–81). Academic Press.
Chung, S., Joo, S.-H., Koh, E.-H., & Park, W.-J. (2018). Intergenerational financial satisfaction and related factors in Korea: Focusing on financial self-efficacy. Financial Planning Review, 11(1), 91–122. https://doi.org/10.2139/ssrn.3135221
Farrell, L., Fry, T. R. L., & Risse, L. (2016). The significance of financial self-efficacy in explaining women’s personal finance behaviour. Journal of Economic Psychology, 54, 85–99. https://doi.org/10.1016/j.joep.2015.07.001
Joo, S. H., & Grable, J. E. (2004). An exploratory framework of the determinants of financial satisfaction. Journal of Family and Economic Issues, 25(1), 25–50. https://doi.org/10.1023/B:JEEI.0000016722.37994.9f
Kirbiš, I. Š., Vehovec, M., & Galić, Z. (2017). Relationship between financial satisfaction and financial literacy: Exploring gender differences. Drustvena Istrazivanja, 26(2), 165–185. https://doi.org/10.5559/di.26.2.02
Manulife. (2017). Manulife investor sentiment index study (Q4 2016 Indonesia). https://www.manulife.co.id/content/dam/insurance/id/id/documents/manulife-investor-sentiment-index/MISI 2016 - Presentation Deck - FIN.pdf
Prabowo, M. S., & Asandimitra, N. (2021). Faktor yang memengaruhi financial satisfaction pengguna e-commerce di Surabaya. Jurnal Ilmu Manajemen, 9(1), 28–41. https://doi.org/10.26740/jim.v9n1.p28-41
Putri, M. H., & Pamungkas, A. S. (2019). Pengaruh financial knowledge, locus of control dan financial self efficacy terhadap financial behavior. Jurnal Manajerial Dan Kewirausahaan, 1(4), 890–889. https://doi.org/10.24912/jmk.v1i4.6591
Rusdini, D. A. (2021). Faktor yang memengaruhi financial satisfaction pada masyarakat Kabupaten Pamekasan. Jurnal Ilmu Manajemen, 9(1), 182–190. https://doi.org/10.26740/jim.v9n1.p182-190
Widjaja, I., Arifin, A. Z., & Setini, M. (2020). The effects of financial literacy and subjective norms on saving behavior. Management Science Letters, 10(15), 3635–3642. https://doi.org/10.5267/j.msl.2020.6.030
Yap, R. J. C., Komalasari, F., & Hadiansah, I. (2016). The effect of financial literacy and attitude on financial management behavior and satisfaction. International Journal of Administrative Science & Organization, 23(3), 140–146. http://journal.ui.ac.id/index.php/jbb/article/view/9175/67545905