The Affecting factor of Personal Financial Management Behavior

Abstract

The development of financial products continues to grow, and users of financial products are increasing yearly. However, the increasing use of financial products is not matched by their good financial attitudes and knowledge. It can be seen from the high financial inclusion of the Indonesian people but their low literacy level. The literacy level is measured using attitude and behavior indicators in this case. This study examines whether financial knowledge, attitude, and locus of control affect the financial management behavior of employees in West Jakarta. This study used a descriptive research design, and data collection was carried out by distributing questionnaires to 57 respondents according to the criteria. Data processing is done using PLS Algorithm on Smart-PLS. This study is to examine whether there is an influence of financial attitude, financial knowledge, and locus of control on the financial management behavior of employees in West Jakarta.