The Influence of Financial Knowledge, Financial Attitudes, Parental Income to Financial Management Behavior of Undergraduate Students in Economic Education, University of Flores - Ende

Abstract

This study aims to analyze (1) The influence of Financial Knowledge on Financial Management Behavior of S1 Economic Education students of the Flores-Ende University. (2) Effect of Financial Attitudes on Financial Management Behavior of S1 Economic Education students of the Flores-Ende university. (3) Effects of Parental Income on Financial Management Behavior of S1 Economic Education students of the University of Flores-Ende. This study uses primary data from the results of the distribution questionnaire to 73 6th semester students of Economic Education in accounting concentration. The analysis technique uses structural equation modeling based on Partial Least Square with Smart PLS 3.0 Software. Analysis of structural equation models with - Second Order Confirmatory Factor Analysis (CFA) with indicators in the form of Reflective. Based on the results of the R-Square test with a value of 0.742 states that Financial Knowledge, Financial Attitudes, Parental Income have a strong influence on the Financial Management Behavior of S1 Economic Education S. Facesents at the University of Flores-Ende. While the value of f-Square on the largest path coefficient is the influence of financial attitudes on Financial Management Behavior of 0.284, then the influence of Parental Income on Financial Management Behavior of 0.147 and the smallest influence is Financial Knowledge of 0.073. As for the indicators that influence each construct by 0,000 <0.05, it can be concluded that Financial Knowledge, Financial Attitudes and Parental Income simultaneously influence the Financial Management Behavior of S1 Economic Education students at the University of Flores-Ende. Financial Knowledge, Financial Attitudes and Parental Income also partially influences the Financial Management Behavior of Undergraduate Students in Economic Education at the University of Flores-Ende.

Keywords : Financial Management Behavior, Financial Knowledge, Financial Attitudes , Parental Income

DOI: 10.7176/RJFA/11-4-09

Publication date: February 29^th 2020