Analysis of financial management behavior level of generation Y in Padang City
Keywords:
Financial Management Behavior, Generation Y
Abstract
This study aims to determine how the level of financial management behavior in Generation Y in The city of Padang. Type of quantitative research with descriptive method. The sample in this study Generation Y in the city of Padang amounted to 240 people. The technique used in this research is cluster random sampling.
The results of this study indicate that the level of financial management behavior in Generation Y in Padang City is in the sufficient category with a score of 3,83 (77%); consumption with a score of 3,84 (77%); cash-flow management with a score 3,68 (74%); saving and investment with a score 3,95 (79%).
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References
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CNBC, I. (2020). OJK Pede Inklusi Keuangan RI Bisa Salip Singapura & Thailand.
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Elliehausen, G., Lundquist, C. E., & Staten, M. E. (2007). The Impact of Credit Card Counseling on Subsequent Borrower Credit Usage and Payment Behavior. Journal of Consumer Affairs, 41(1), 1–38.
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Sekaran, U., & Bougie, R. (2016). Research Methods for Business: a skill-building approach (Seventh). https://doi.org/10.1007/978-94-007-0753-5_102084
Sina, P. G. (2014). Tipe Kepribadian dalam Personal Finance. Jurnal JIBEKA, 8(1), 54–59.
Sugiyono. (2012). Metode Penelitian Kuantitatif Kualitatif dan R&D. ALFABETA.
Tanner, L. (2010). Who Are the Millennials? In LiveScience. Centre for Operational Research & Analysis. http://www.livescience.com/38061-millennials-generation-y.html
Wicaksono, A. B., & Nuryana, I. (2020). Pengaruh Sikap Keuangan, Teman Sebaya, dan Kecerdasan Spiritual Melalui Kontrol Diri Terhadap Perilaku Pengelolaan Keuangan. Economic Education Analysis Journal, 9(3), 940–958. https://doi.org/10.15294/eeaj.v9i3.42352
Christian, Richard Joshua YAP, Komalasari, Farida., & Hadiansah, I. (2016). The Effect of Financial Literacy and Attitude on Financial Management Behavior and Satisfaction. Bisnis & Birokrasi Jurnal, 23(3).
CNBC, I. (2020). OJK Pede Inklusi Keuangan RI Bisa Salip Singapura & Thailand.
Das, S. C. (2016). Financial Literacy among Indian Millennial Generation and their Reflections on Financial Behaviour and Attitude: An Explanatory Research By. The Indian Journal of Commerce, 69(4), 16–34. https://www.researchgate.net/publication/320009228
Dew, J., & Xiao, J. J. (2011). The Financial Management Behavior Scale: Development and Validation. Journal of Financial Counseling and Planning, 22(1), 43–59.
Dewi, V. I., Febrian, E., Effendi, N., & Anwar, M. (2020). Financial literacy among the millennial generation: Relationships between knowledge, skills, attitude, and behavior. Australasian Accounting, Business and Finance Journal, 14(4), 24–37. https://doi.org/10.14453/aabfj.v14i4.3
Elliehausen, G., Lundquist, C. E., & Staten, M. E. (2007). The Impact of Credit Card Counseling on Subsequent Borrower Credit Usage and Payment Behavior. Journal of Consumer Affairs, 41(1), 1–38.
Grohmann, A. (2018). Financial literacy and financial behavior: Evidence from the emerging Asian middle class. Pacific-Basin Finance Journal, 48, 129–143.
Herdjiono, I., & Damanik, L. A. (2016). Pengaruh Financial Attitude,Financial Knowledge, Parental Income Terhadap Fnancial Management Behavior. Jurnal Manajemen Teori Dan Terapan, 9(3), 226–241.
Hilgert, M. A., & Hogarth, J. M. (2003). Household Financial Management: The Connection between Knowledge and Behavior Marianne. Federal Reserve Bulletin, 20(2). https://doi.org/10.15381/rivep.v20i2.609
Ida, & Dwitinta, C. Y. (2010). Pengaruh Locus Of Control, Financial Knowledge, Income Terhadap Financial Management Behavior. JURNAL BISNIS DAN AKUNTANSI, 12(3), 131–144.
Ida, I., Zaniarti, S., & Wijaya, G. E. (2020). Financial Literacy, Money Attitude, Dan Financial Management Behavior Generasi Milenial. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 4(2), 406. https://doi.org/10.24912/jmieb.v4i2.9144
Kholilah, N. Al, & Iramani, R. (2013). Studi Financial Management Behavior Pada Masyarakat Surabaya. Journal of Business and Banking, 3(1), 69–80.
Kim, K. T., Anderson, S. G., & Seay, M. C. (2018). Financial Knowledge and Short-Term and Long-Term Financial Behaviors of Millennials in the United States. Journal of Family and Economic Issues, 40(2), 194–208. https://doi.org/10.1007/s10834-018-9595-2
Mien, N. T. N., & Thao, T. P. (2015). Factors Affecting Personal Financial Management Behaviors: Evidence from Vietnam. Proceedings of the Second Asia-Pacific Conference on Global Business, Economics, Finance and Social Sciences, 532.
Nababan, D., & Sadalia, I. (2012). Analisis personal financial literacy dan financial behavior mahasiswa strata I fakultas ekonomi Universitas Sumatera Utara.
News Detik.Com. (2020). Perilaku Finansial Generasi Milenial (p. Februari). https://news.detik.com/kolom/d-4915295/perilaku-finansial-generasi-milenial
Noor, H. F. (2014). INVESTASI, Pengelolaan Keuangan Dan Pengembangan Ekonomi Masyarakat. Mitra Wacana Media.
OJK. (2019). Survei Nasional Literasi dan Inklusi Keuangan 2019. Survey Report, 1–26. www.ojk.go.id
Prihartono, M. R. D., & Asandimitra, N. (2018). Analysis Factors Influencing Financial Management Behaviour. https://doi.org/10.6007/IJARBSS/v8-i8/4471
Pryor, J. D. (2010). An Exploration on Personal Financial Behavior of College educated Black women in the midwest. Lowa State University.
Rajna, A & Anthony, P. . (2011). Knowledge, Attitude, Practice and Statisfiction on Personal Financial Management Among The Medical Practitioners in The Public and Private Medical Services in Malaysia. University Kebangsaan Malaysia.
Ramadhan, A. Y., & Asandimitra, N. (2019). Determinants of Financial Management Behavior of Millennial Generation in Surabaya. Jurnal Minds: Manajemen Ide Dan Inspirasi, 6(2), 129. https://doi.org/10.24252/minds.v6i2.9506
Ricciardi, V., & S. H. K. (2012). What is behavioral finance? Business, Education and Technology Journal.
Rizkiawati, N. L., & Asandimitra, N. (2018). Pengaruh Demografi, Financial Knowledge, Financial Attitude, Locus of Control Dan Financial Self-Efficacy Terhadap Financial Management Behavior Masyarakat Surabaya. Jurnal Ilmu Manajemen (JIM), 6(3).
Sekaran, U., & Bougie, R. (2016). Research Methods for Business: a skill-building approach (Seventh). https://doi.org/10.1007/978-94-007-0753-5_102084
Sina, P. G. (2014). Tipe Kepribadian dalam Personal Finance. Jurnal JIBEKA, 8(1), 54–59.
Sugiyono. (2012). Metode Penelitian Kuantitatif Kualitatif dan R&D. ALFABETA.
Tanner, L. (2010). Who Are the Millennials? In LiveScience. Centre for Operational Research & Analysis. http://www.livescience.com/38061-millennials-generation-y.html
Wicaksono, A. B., & Nuryana, I. (2020). Pengaruh Sikap Keuangan, Teman Sebaya, dan Kecerdasan Spiritual Melalui Kontrol Diri Terhadap Perilaku Pengelolaan Keuangan. Economic Education Analysis Journal, 9(3), 940–958. https://doi.org/10.15294/eeaj.v9i3.42352
