Indonesian Journal of Law and Economics Review
Vol 18 No 3 (2023): August
Finance Management

Financial Nexus: Empirical Analysis of Knowledge, Income, and Behavior
Nexus Keuangan: Analisis Empiris tentang Pengetahuan, Pendapatan, dan Perilaku Keuangan


Article View
  • Tibrani Tibrani*,
  • Sri Wulandari,
  • Catur Fatchu Ukhriyawati,
  • Edwin Agung Wibowo,
  • Arnesih Arnesih
Tibrani Tibrani
Universitas Riau Kepulauan, Indonesia *
Sri Wulandari
Universitas Riau Kepulauan, Indonesia
Catur Fatchu Ukhriyawati
Universitas Riau Kepulauan, Indonesia
Edwin Agung Wibowo
Universitas Riau Kepulauan, Indonesia
Arnesih Arnesih
Universitas Riau Kepulauan, Indonesia

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
DOI: https://doi.org/10.21070/ijler.v18i3.926
Published July 5, 2023
Keywords
  • Financial Knowledge,
  • Financial Experience,
  • Income,
  • Lifestyle,
  • Financial Behavior
How to Cite
Tibrani, T., Wulandari, S., Ukhriyawati, C. F., Wibowo, E. A., & Arnesih, A. (2023). Financial Nexus: Empirical Analysis of Knowledge, Income, and Behavior. Indonesian Journal of Law and Economics Review, 18(3). https://doi.org/10.21070/ijler.v18i3.926

Copyright (c) 2023 Sri Wulandari, Tibrani Tibrani, Catur Fatchu Ukhriyawati, Edwin Agung Wibowo, Arnesih Arnesih

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Crossref
Scopus
Google Scholar
Europe PMC

Abstract

This study investigates the relationship between financial knowledge, financial experience, income, lifestyle, and the financial behavior of employees in a financial institution. A sample of 37 employees from PT. Pegadaian CP Mega Legenda Batam was utilized. The research employed a saturated sample method, and validity and reliability tests were conducted for instrument trials. The findings indicate that financial knowledge exerts a positive and significant influence on financial behavior, while financial experience, income, and lifestyle do not individually impact financial behavior significantly. Moreover, when considered collectively, financial knowledge, financial experience, income, and lifestyle collectively exhibit a positive impact on financial behavior. These variables collectively account for 41.8% of the variance in financial behavior, with the remaining 58.2% attributed to unexamined factors. This study provides insights into the complex relationship between employee characteristics and financial behavior, highlighting the need for targeted interventions to enhance financial literacy and decision-making among employees, thereby fostering improved financial well-being.

Highlights:

  • Financial knowledge positively influences employee financial behavior.
  • Financial experience, income, and lifestyle do not significantly affect financial behavior individually.
  • Collectively, financial knowledge, experience, income, and lifestyle have a positive impact on financial behavior.

Keywords: Financial Knowledge, Financial Experience, Income, Lifestyle, Financial Behavior.

Article View

Downloads

Download data is not yet available.

References

  1. A. Ahmad, "Dampak Locus Of Control, Sikap Keuangan, Pendapatan dan Religiusitas terhadap Perilaku Keuangan," Management & Accounting Expose, vol. 2, no. 2, pp. 105-115, 2021. Available: https://doi.org/10.36441/mae.v2i2.10
  2. M. Hamdani, "Analisis Literasi Keuangan dan Pengaruhnya Terhadap Perilaku Keuangan Pada Mahasiswa Prodi Manajemen Universitas Terbuka," Jurnal Bakti Masyarakat, vol. 1, no. 1, pp. 139-145, 2018.
  3. E. D. Wicaksono, "Pengaruh Financial Literacy Terhadap Perilaku Pembayaran Kartu Kredit Pada Karyawan di Surabaya," Finesta, vol. 3, no. 1, pp. 85-90, 2015.
  4. P. Ritma and S. Untung, "Pengaruh Pengetahuan Keuangan dan Pengalaman Keuangan Terhadap Perilaku Perencanaan Investasi dengan Self Control sebagai Variabel Moderating," Jurnal Ekonomi dan Kewirausahaan, vol. 15, no. 1, 2015.
  5. T. R. Briliani, "Pengaruh Pendapatan, Pengalaman Keuangan dan Pengetahuan Keuangan Terhadap Perilaku Keuangan Keluarga Di Kota Madiun," Sekolah Tinggi Ilmu Ekonomi Perbanas Surabaya, 2019.
  6. Hayati, "Penelitian Kuantitatif," [Online]. Available: https://raharja.ac.id/2020/10/29/penelitian-kuantitatif, 2020.
  7. Y. Sudaryo et al., "Metode Penelitian Survei Online dengan Google Form," Yogyakarta: CV. Andi Offset, 2017.
  8. Sugiyono, "Metode Penelitian Kuantitatif, Kualitatif, R&D," Bandung: CV Alfabeta, 2018.
  9. Purnomo, "Analisis Statistik Ekonomi dan Bisnis dengan SPSS," Yogyakarta: Fadilatama, 2016.