The Influence of Financial Literacy, Lifestyle, Income and Locus of Control on Financial Behaviour of The Millenial Generation (Case Studies on Millenial Generation of Master of Management Students at Mercu Buana University)
DOI:
https://doi.org/10.38035/jafm.v6i2.2060Keywords:
Financial Literacy, Lifestyle, Income, Locus of control, Financial Behavior, Millennial GenerationAbstract
In summary, this study examines how lifestyle, income, locus of control, and financial literacy affect financial behavior in a case study of Mercu Buana University's millennial Master of Management students. With a sample size of 120, the study's population consisted of 441 Mercu Buana University Master of Management students. Descriptive analysis and Structural Equation Model Partial Least Square (SEM-PLS) are used in the data analysis procedure. According to the study's findings, financial behavior is positively and significantly impacted by financial literacy, positively and significantly impacted by lifestyle, positively and significantly impacted by income, and positively and significantly impacted by locus of control.
References
Cahyasari., E. (2019). Perilaku Konsumtif, Literasi Keuangan Dan Gaya Hidup Ibu Rumah Tangga. Jurnal UKSW, 1(2), 6.
Kusnandar, D. L., & Rinandiyana, L. R. (2019). Apakah Menjadi Kekinian Merubah Perilaku Keuangan Generasi Millenial Di Universitas Siliwangi. 4(Mei), 55–60. http://jurnal.unsil.ac.id/index.php/jem/article/view/695
Mutlu, Ü., & Özer, G. (2022). The moderator effect of financial literacy on the relationship between locus of control and financial behavior. Kybernetes, 51(3), 1114–1126. https://doi.org/10.1108/K-01-2021-0062
Neni Nurlelasari. (2022). Pengaruh Gaya Hidup Hedon dan Tingkat Pendapatan terhadap Perilaku Manajemen Keuangan pada Generasi Millenial. Jurnal Riset Manajemen Dan Bisnis, 21–25. https://doi.org/10.29313/jrmb.v2i1.862
Puspita, G., & Isnalita, I. (2019). Financial Literacy: Pengetahuan, Kepercayaan Diri dan Perilaku Keuangan Mahasiswa Akuntansi. Owner, 3(2), 117. https://doi.org/10.33395/owner.v3i2.147
Sugiyono (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alphabet.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Anestesia Arnis Susanti, Nur Aisyah F. Pulungan
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish their manuscripts in this journal agree to the following conditions:
- The copyright on each article belongs to the author(s).
- The author acknowledges that the Journal of Accounting and Finance Management (JAFM) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
- Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Journal of Accounting and Finance Management (JAFM).
