Internal Factors Affecting Financial Literacy in Digital Wallet Service Users
Keywords:
Financial Knowledge; Financial Behavior; Financial Attitude; Financial Literacy
Abstract
This research aims to discover the factors that can influence financial knowledge, financial behavior, and attitude toward the financial literacy of OVO users in Jakarta. This study used 235 OVO user respondents who live in Semarang and collected data using a questionnaire. The design of this study uses a quantitative method with a descriptive approach and the sampling technique for this research is a non-probability sampling technique. Data analysis in this study used a structural equation model (SEM) with SmartPLS Version 3.3.2 software as a data analysis tool. The results of this study provide an overview of the positive influence of each of these variables, namely financial knowledge, financial behavior, and financial attitude on the financial literacy of OVO users.
References
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Vanessa G. Perry, Marlene D. Morris (2015). “The Role of Self Perception, Knowledge, and Revenue in Explaining Consumer Financial Behavior.” Journal of Consumer Affairs, Vol. 39, NO. 2.
Wierzbitzki, Marc and Seidens, Sebastian and Rudolf, Mark. (2019). Financial Attitude, behavior, And That Character Affect.
Yuningsih et Al. (2017). Analysis Literacy Finance in Public City Bandung. Journal Hell: Journal Education and Knowledge Economy Accountancy. https://doi.org/10.24912/poros.vl5i2.12.
Ameliawati & Setiyani. (2018). That influence from finance attitude, finance socialization and financial experience for financial management behavior with finance literacy as That mediation variable. Knee Social Knowledge 3(10):811 DOIs: 10.18502/kss.v3i10.3174.
Armilia, Nadia & Isbanah, Yuyun. (2020). Factors Affecting Financial Satisfaction Financial Technology users in Surabaya. Journal of Management Science Volume 8 Number 1.
Arofah, Anastasia & Purwaningsih, Yunastiti & Indriayu, Mintasih. (2018). financial Literacy, Materialism and Finance Behavior. International Journal from Multicultural and Multireligious understand. Vol 5, 370, 10.18415/ijmmu.v5i4.171 .
atkinson, A., & Untidy, F. (2012). Measuring Finance Literacy: Results from That OECD/ International Network On Finance Education (Infe) Pilot Study. Paris: Organization for Economic Cooperation and Development. https:// www . proquest.com/docview/1081470448?accountid=45753.
Bhushan, Puneet & Medury, Yajulu. (2014). Empirical Analysis of the Linkages Between Financial Attitude, Financial Behavior and Financial Knowledge of Salaried Individuals. Indian Journal Trade and Management Studies, Nasik Vol. 5, Is. 3, 58-64.
Bryce L. Jorgensen & Jyoti Savla. (2010). Finance Literacy from Young Adult: The Importance from Parent Socialization. https://doi.org/10.1111/j.1741-3729.2010.00616.x.
Chen, H. And Volpe, Rp (2002), "Gender difference in the personal finance literacy between campus student”, Finance Service review, Vol. 11 NO. 3, matter. 289-307.
Fish, M., & Ajzen, I. (2011). predict and changed behavior: That reasoned action approach. In the predict And Change Behavior: That Reasonable Action Approach (matter. 1–518). Taylor & Francis. https://doi.org/10.4324/9780203838020 .
Garg, N., & singh, S. (2018). Finance Literacy Between Young adult. International 100 Journal from Social economy, 45(1), 173–186. https://doi.org/10.1108/IJSE-11-2016-0303.
Hair, JF, Ringle, CM, & Sarstedt, M. (2011). PLS-SEM: Indeed, a silver bullet. Journal of Marketing Theory and practice, 19 (2), 139-152.
Herdjiono, Irina and Damanic, Woman A (2016). Influence Finance Attitude, Finance Knowledge, Parent Income to Finance Management Behavior. Journal Management Theory and Applied, Year 9. NO 3.
Hira, Tahira K. (2009). Financial Attitudes, Beliefs and Behaviors: Differences by Age. Journal from Consumer Study and House Economy. Vol. 21, Is. 3, 271-290.
Huang, J., Nam, Y., & Sherraden, MS (2013). Financial Knowledge and Child Development Account Policy: Financial Ability Test. Journal of Consumer Affairs, 47(1), 1–26. https://doi.org/10.1111/joca.12000.
Husein, US (2015). Business and management research using partial least squares (pls) with smartPLS 3.0 . Brawijaya University.
kennedy, Brian P (2013). "That Theory from Planned Behavior and Finance Literacy: A predictive Model for Credit Card Debt?". thesis, Dissertation and Capstones. Paper 480.
Khairani, Fadilla & afarisi, Mohammed F. (2019). Analysis Influence Finance Attitude, Finance Knowledge, Parental Education, and Parental Income on Financial Management Behavior Para Student S1 University Andalas Padang. Journal Scientific Student Economy Management Vol. 4, NO. 1, 360-371.
Kholilah, N.Al, & Iramani, R. (2013). Study of Financial Management Behavior in Society Surabaya. Journal from Business and Banking, 3 (1), 69. https://doi.org/10.14414/jbb.v3i1.255.
Laily, N. (2016). The Effect of Financial Literacy on Student Behavior in Managing finance. Journal from Accountancy And Business Education, l(4). https://doi.org/10.26675/jabe.vli4.6042.
Landerretche, HI., & Martinez, C. (2013). Volunteer Savings, Finance Behavior, And Retirement Financial Literacy: Evidence from Chile. Journal of Retirement Economics and Finance, 12(3), 251-297. doi:10.1017/S1474747212000340.
Lusardi, anamaria; mitchell, Olivia S; curto, Vilsa. (2010). Finance Literacy Between That Young. That Journal from Consumer Affairs, Madison Vol. 44, Isa. 2, 358.
Lusardi, Annamaria, and Olivia S. Mitchell. (2014). The Importance of Financial Economics Literacy: Theory and Proof. Journal from Economic Literature, 52 (1): 5-44.
Appearance, N. Q N., & That, Q P (2015). Factor Influence Personal Finance Management Behavior: Proof from Vietnamese. Economy, Finance and Social Sciences, 978–1.
Mudzingiri, C., Mwamba, J. W. M., & Keyser, J. N. (2018). Finance Behavior, Confidence, Stake Student Financial Literacy and Preferences. Convincing Economics & Finance, 6(1) doi: http://dx.doi.org/10.1080/23322039.2018.1512366.
P. Kalekye F. Ba. (2015). The role of financial literacy on the profitability of women company in the Kitu City, Kitui Country, Kenya. International Journal from Science & Research.
Rahmayanti, Wilda & Nuryani, Hanifah & Salam, Abdul. (2019). Influencing financial attitudes and behavior finance to literacy finance. Journal Management and business. 10.37673/jmb. v2i1.267.
Rai, Kamini, prayer, Shikha, & Yadav, Miklesh. (2019). Association from Finance Attitude, Finance Financial Behavior and Knowledge on Financial Literacy: Structural Equation Modelling Approach. FIIB Business overview, New Delhi Vol. 8, Is. 1, 51-60.
Roscoe, J. Q (1975). Fundamental research statistics for That behavior knowledge (2nd Edition). At Holt Rinehart & Winston, New York (P. 483).
Scheresberg, C. de B. (2013). Financial literacy and financial behavior among young adults: Proof and Implications. counting, 6(2). https://doi.org/10.5038/1936-4660.6.2.5.
now, US, & Candle, R. (2016). Research method for business: A skill building approach. John Wiley & Boy.
Vanessa G. Perry, Marlene D. Morris (2015). “The Role of Self Perception, Knowledge, and Revenue in Explaining Consumer Financial Behavior.” Journal of Consumer Affairs, Vol. 39, NO. 2.
Wierzbitzki, Marc and Seidens, Sebastian and Rudolf, Mark. (2019). Financial Attitude, behavior, And That Character Affect.
Yuningsih et Al. (2017). Analysis Literacy Finance in Public City Bandung. Journal Hell: Journal Education and Knowledge Economy Accountancy. https://doi.org/10.24912/poros.vl5i2.12.
Published
2023-12-06
How to Cite
Yusbardini, Y. (2023). Internal Factors Affecting Financial Literacy in Digital Wallet Service Users. International Journal of Social Science Research and Review, 6(12), 174-181. https://doi.org/10.47814/ijssrr.v6i12.1823
Section
Main Articles
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