Financial Literacy in Moderating Lifestyle and Money Attitudes to Adolescent Financial Management Behavior
DOI:
https://doi.org/10.31942/0bz1j072Keywords:
Financial literacy, lifestyle, money attitude, financial management behaviorAbstract
This study aims to determine the role of financial literacy in moderating the relationship between lifestyles, money attitudes, and financial management behaviors of adolescents. The research method used is an empirical study by taking a sample of MA Miftahul Huda students as a research population. Data was collected through questionnaires that assessed financial literacy levels, lifestyles, money attitudes, and financial management behaviors. Data analysis was carried out using multiple regression techniques to determine the influence of these variables. The results of the study show that financial literacy plays an important role in moderating the relationship between lifestyle and money attitudes towards adolescents' financial management behavior. In particular, financial literacy increases adolescents' understanding of the importance of personal financial management, thereby encouraging them to adopt more thoughtful behaviors in managing money and managing lifestyles according to their financial needs.
References
Anggraini, R. T., Fauzan, & Santhoso, H. (2017). The Relationship between Hedonistic Lifestyle and Consumptive Behavior in Adolescents. Gadjah Mada Journal of Psychology, 3(3), 131–140.
Cahyaningrum, B., & Fikri, M. A. (2021). The Role of Locus of Control Mediators on the Influence of Financial Knowledge and Financial Attitude on Financial Management Behavior. Journal of Management Science, 9(4), 1500–1515. https://doi.org/10.26740/jim.v9n4.p1500-1515
Demuth, T. (2015). The effect of financial performance on the value of the company with an independent board of commissioners as a moderating variable in manufacturing companies listed on the indonesia stock exchange. Ekp, 13(3), 1576–1580.
Dewi, N., Rusdarti, R., & Sunarto, S. (2017). The Influence of Family Environment, Peers, Self-Control and Financial Literacy on Student Consumptive Behavior. Journal of Economic Education, 6(1), 29–35. http://journal.unnes.ac.id/sju/index.php/jeec
Faizah, A. N., Widjajanti, K., & Indarto, I. (2023). Finance and Income on Consumptive Behavior with Lifestyle as a Moderating Variable (Study on Students of the University of Muhammadiyah .... Management Studies and ..., 4(6), 9349–9358. https://journal.yrpipku.com/index.php/msej/article/view/3268%0Ahttps://journal.yrpipku.com/index.php/msej/article/download/3268/2106
Faramitha, A., Wahyudi, & Desmintari. (2021). Analysis of financial management behavior on millennial generation. Journal of Financial Economics and Management, 17(1), 19–29. http://journal.feb.unmul.ac.id/index.php/INOVASi
Hendra, & Afrizal, A. (2020). The influence of self-control, financial literacy, and financial inclusion on the saving behavior of management study program students, faculty of economics, Pasir Pengaraian University. Scientific Journal of Management and Business, 2(1), 98–106. http://journal.upp.ac.id/index.php/Hirarki
Khairinal, K., Syuhada, S., & Sitinjak, R. S. (2022). The Influence of Social Media, Conformity, and Family Economic Education, on the Consumptive Behavior of Grade XI Students of Vocational School 1 Jambi City for the 2021/2022 Academic Year. Journal of Educational Management and Social Sciences, 3(2), 923–938.
Kusumaningtyas, I., & Sakti, N. C. (2017). The Influence of Financial Literacy and Lifestyle on the Consumptive Behavior of Class XI Social Studies Students at SMA Negeri 1 Taman Sidoarjo. Journal of Economic Education (JUPE), 5(3), 1–8. https://jurnalmahasiswa.unesa.ac.id/index.php/34/article/view/20432/18725
Mardikaningsih, R., Sinambela, E. A., Darmawan, D., Nurmalasari, D., Management, P. S., & Sungkono, U. M. (2020). The Relationship between Consumptive Behavior and Student Interest in Using Online Loan Services. Journal of Simki Pedagogia, 3(6), 98–110. https://jiped.org/index.php/JSP
Plutzer, M. B. B. and E. (2021). The Effect of Financial Literacy and Attitute to Monay on Family Financial Management. 4(2), 6.
Pulungan, D. R., Koto, M., & Syahfitri, L. (2018). The influence of hedonistic lifestyle and emotional intelligence on student financial behavior.
Pusung. (2021). No Title.
Ristati, Zulham, & Sutriani. (2022). The Influence of Financial Knowledge, Financial Attitudes and Personality on Financial Management Behavior in Coffee MSMEs in Aceh Province. PERFORMANCE: Journal of Economics and Management, 19(3), 576–589.
Ryandana, A., Hermuningsih, S., & Sari, P. P. (2023). Theory of planned behavior to predict investment intention. Economics: Journal of Economics and Business, 7(1), 226. https://doi.org/10.33087/ekonomis.v7i1.818
Safira, B. (2022). Financial Literacy, Financial Efficacy, and Financial Experience on the Financial Management Behavior of SPayLater DKI Jakarta Users. Journal of Professional Administration, 3(2), 25–35. https://doi.org/10.32722/jap.v3i2.5133
Septianingtyas, S., & Nurkhin, A. (2022). The role of gender in moderating the influence of socioeconomic status, family financial management education, money attitudes, and peers on financial literacy. 4(1), 99–112. https://doi.org/10.15294/baej.v4i1.74631
Siregar, C. P., Putrie, S. G. S., & Leon, F. M. (2022). The Effect of Financial Bias Behavior on Investment Decisions with Financial Literacy as a Moderation Variable in Greater Jakarta. Jmbi, 9(1), 431–449.
Wahyu, D., Sari, P., & Anwar, M. (2021). The Effect of Financial Literacy on Saving Behavior with Self Control as a Mediation Variable in S1 FEB UPN "Veteran" East Java Students. SEIKO: Journal of Management & Business, 5(4), 81–92.
Waty, N. Q. (2021). Analysis of Financial Management Behavior of Students of the Faculty of Economics Upn Veteran Jakarta During the Covid-19 Pandemic. Journal of Management, 2(3), 9–26.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Ayu Kusumaningsih, Muhammad Ulin Nuha (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
This article is published under the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author(s) and the source are properly credited.
https://creativecommons.org/licenses/by/4.0/
