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The Effect of Financial Behavior, Financial Knowledge and Self-Control on the Financial Well-Being of Generation Z in Indonesia

In: Proceedings of the 1st Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023)

Author

Listed:
  • Putri Annisa Ramadhini

    (Universitas Bengkulu, Faculty of Economics and Business)

  • Intan Zoraya

    (Universitas Bengkulu, Faculty of Economics and Business)

  • Kamaludin Kamaludin

    (Universitas Bengkulu, Faculty of Economics and Business)

Abstract

This study aimed to determine the effect of financial behaviour, financial knowledge and self-control on the financial well-being of Generation Z in Indonesia. Supervision was sought out by 255 respondents of Generation Z in Indonesia. The research method used is quantitative. The data used in this research is primary data collected through questionnaires distributed online using g-forms to the respondents of Generation Z in Indonesia. Data management in this study will use SPSS 23 for Windows. The results of this study indicated that financial behaviour and financial knowledge have a positive and significant effect on financial well-being, which proves that higher financial behaviour and knowledge can affect the increase of financial well-being. At the same time, self-control does not affect financial well-being. This research can be a new literature to show the effect of self-control on financial well-being.

Suggested Citation

  • Putri Annisa Ramadhini & Intan Zoraya & Kamaludin Kamaludin, 2023. "The Effect of Financial Behavior, Financial Knowledge and Self-Control on the Financial Well-Being of Generation Z in Indonesia," Advances in Economics, Business and Management Research, in: Roosemarina Anggraini Rambe & Lizar Alfansi & Robinson Robinson & Dewi Rahmayanti & Agustina Suparya (ed.), Proceedings of the 1st Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023), pages 63-71, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-328-3_8
    DOI: 10.2991/978-94-6463-328-3_8
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