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Journal : Journal of International Conference Proceedings

The Influence of Financial Literacy, Financial Behavior, and Income on Investment Decisions (2018 Student Case Study for Management Study Program Universitas Muhammadiyah Sumatera Utara) Sri Fitri Wahyuni; Radiman Radiman; Rita Nara
Journal of International Conference Proceedings (JICP) Vol 5, No 2 (2022): BEFIC Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i2.1709

Abstract

An investment decision is to set aside some stages to try to obtain investment returns or profits in the future. One of the factors needed to make an investment is capital or funds. The author's goal is to see the effect of financial literacy, financial behavior, income from decisions on students of the faculty of economics, management study program class of 2018. The number of samples in this study were 84 and using the Slovin formula. The technical analysis in this study uses multiple linear regression analysis, multiple correlation, termination, t test and F test. The results of this study indicate that financial literacy (X1) has a positive and significant effect on entry decisions (Y). Financial behavior (X2) has no effect on successful decisions (Y). Income (X3) has no effect on successful decisions (Y). Financial literacy, financial behavior, income simultaneously have a significant effect on investing decisions (a case study of students of the 2018 class of management study program at the Muhammadiyah University of North Sumatra). Keywords: Financial Literacy, Behavior, Income, Investment Decisions.
The Effect of Love of Money, Peer Group and Financial Literacy on Personal Financial Management in Management Study Program Students, Faculty of Economics and Business, Muhammadiyah University, North Sumatra Sri Fitri Wahyuni; Radiman Radiman; Ariska Ayu Nanda
Journal of International Conference Proceedings Vol 6, No 3 (2023): 2023 ICPM Penang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i3.2564

Abstract

This study aims to examine the influence of love of money, peer groups, and financial literacy on the personal financial management of students enrolled in the Management Study Program at Muhammadiyah University, North Sumatra. This study employed survey research methods to collect data. Participants are chosen based on specific demographic criteria. This study employs a quantitative and correlational methodology, with data being gathered via questionnaires. The Slovin algorithm was utilized to select a sample from the class of 2018 at Stambuk University, consisting of 84 students who are currently enrolled in the Management Study Program within the Faculty of Economics and Business at Muhammadiyah University in North Sumatra. This research utilizes various statistical tests, including the classical assumption test, multiple linear regression, t test, F test, and coefficient of determination. The data was analyzed using SPSS 25. This study demonstrates that individuals who possess a strong desire for wealth experience positive outcomes in terms of their personal financial management. This study examines the impact of peer groups on individuals’ financial management practices. A significant and meaningful correlation was discovered. The findings indicate a significant and positive correlation between the variables.
The Influence of Financial Literacy and Personal Financial Attitude on Financial Behavior with Lifestyle as an Intervening Variable on Productive Generation Y in Medan City Radiman Radiman; Sri Fitri Wahyuni; Sherly Lestari
Journal of International Conference Proceedings Vol 6, No 3 (2023): 2023 ICPM Penang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i3.2568

Abstract

Every person has unique financial habits shaped by internal and external causes. A perso’'s financial behaviour depends on their financial expertise. This study examines how financial education and attitudes towards money affect the financial decisions of productive Generation Y residents in Medan City. The lifestyle intermediate function in this link is also investigated in this research.Quantitative research approaches, such as surveys, are used in this study. Data processing was done using clever PLS software on 96 individuals. Data analysis methods including path analysis, PLS, and mediation effect analysis are popular.The research shows that financial knowledge strongly impacts lifestyle choices. Financial behaviour is heavily influenced by personal finance views. One's lifestyle is shaped by their financial views. Additionally, lifestyle might affect financial behaviour. This study also analyses how financial literacy and personal financial views affect financial behaviour and management, with lifestyle as a mediating component.