DETERMINANTS OF PERSONAL FINANCIAL MANAGEMENT BEHAVIOR AND PRACTICE IN BUSINESS ADMINISTRATION STUDENTS AT SAHID UNIVERSITY, SURAKARTA

Anggit Dyah Kusumastuti; Bima Rizky Saputra; Ariyani Dwi Astuti

Anggit Dyah Kusumastuti Universitas Sahid Surakarta
Bima Rizky Saputra Universitas Sahid Surakarta
Ariyani Dwi Astuti Universitas Sahid Surakarta

Keywords: Financial Knowledge, Financial Skills, Financial Attitude, Personal Financial Management Behavior

Abstract

Problem management finance is known by the term management personal finance (personal financial management) as a form of management process Money For reach satisfaction economy or personal well-being. Failure in management finance will trigger emergency problems difficulty in future finances will impact failure in reaching well-being. Objective study This is to know the influence of financial knowledge, financial skills, and financial attitude on personal financial management behavior. Type study This is descriptive quantitative with a sample of as many as 70 respondents from student Administration Business Sahid University Surakarta. The data sources used are primary data. Research results show that variable financial knowledge in a way Partial influential towards the personal financial management behavior shown with calculated t value > t table that is 1.978 > 1.6682 and sig value < 0.05, namely 0.001 < 0.05. Financial skill variable in a way Partial influential towards the personal financial management behavior shown with calculated t value > t table namely 3.597 > 1.6682 and the sig value < 0.05, namely 0.02 < 0.05. Whereas variable financial attitude in a way Partial No influential towards the personal financial management behavior shown with calculated t value < t table namely 0.932 < 1.6682 and sig value > 0.05, namely 0.355 > 0.05. Test results in a way simultaneously show that variable financial knowledge, financial skills, and financial attitude are influential towards the personal financial management behavior shown with calculated F value > F table namely 4.725 > 2.74 with sig value < 0.05, namely 0.005 < 0.05. Newness to research This is shown in 1) Improvement scale investment in the millennial generation based on index literacy finance, 2) The role of industry finance through strengthening innovation finance For increase well-being of students, 3) Understanding of management finance in a way smart and safe in interacting digitally, and 4) Research with use respondents existing students go through eye studying knowledge finance like accounting, management finance, and Institutions and technology finance.

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