Analysis of The Relationship Between Financial Literacy and Financial Capability with Green Financial Practices as A Mediating Variable in Manufacturing Sector MSMEs in South Sulawesi Province

This study examines the simultaneous impact of digital wallet usage and financial literacy on the financial management behavior of students in the Management Study Program at the Faculty of Economics and Business, Maros Muslim University. Using a quantitative approach, data were collected from 150 students through questionnaires assessing financial literacy, digital wallet usage, and financial management. The results from the F-test revealed that both digital wallets and financial literacy significantly influence students’ financial management, with a significance value of 0.001 and an F-count of 7.070, exceeding the critical value of 2.71. The findings suggest that while digital wallets provide convenience in managing transactions, they may also promote consumptive behaviors if not used responsibly. Financial literacy acts as a crucial factor in ensuring that students can make informed financial decisions, plan budgets, manage debts, and control impulsive spending. Students with higher financial literacy are better equipped to handle financial challenges and use digital tools like digital wallets to enhance their financial management. The study aligns with previous research by emphasizing the importance of integrating financial literacy education with the use of digital financial tools to ensure improved financial outcomes. Furthermore, the study highlights the need for educational programs that promote both financial literacy and responsible digital wallet use to foster better financial habits among students.