Financial Literacy and Z Generation : Bad Financial Management Behavior Caused By Lack of Literacy and Use Of Media sosial?
Literasi Keuangan dan Generasi Z : Buruknya Pengelolaan Keuangan Disebabkan oleh Minimnya Literasi dan Penggunaan Media Sosial?
DOI:
https://doi.org/10.21070/ups.1438Keywords:
Financial Literacy, Social Media, Financial Management BehaviourAbstract
This study aims to investigate the level of financial literacy and the role of media sosial usage in the financial management behavior of Generation Z. The research employs a quantitative research method. The population consists of 10,842 students from Universitas Muhammadiyah Sidoarjo (UMSIDA). A sample of 386 students is selected using random sampling technique. Primary data is collected through the distribution of questionnaires. The data is analyzed using quantitative data analysis techniques and IBM SPSS 23 statistical method. The findings suggest that the financial literacy of students from Universitas Muhammadiyah Sidoarjo has a notable impact on their financial management behavior. However, it was observed that the use of social media does not significantly influence their financial behavior. Furthermore, both financial literacy and media sosial usage have a simultaneous influence on the financial management behavior of Universitas Muhammadiyah Sidoarjo students.
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