The Effect of Lifestyle on Financial Management: The Moderating Role of Financial Literacy among Millennial Workers in Sukabumi City
DOI:
https://doi.org/10.38035/dijefa.v6i4.4816Keywords:
Financial literacy, financial management, lifestyleAbstract
This study investigates the influence of lifestyle on financial management and examines the direct and moderating roles of financial literacy among millennial workers in Sukabumi City. A total of 155 respondents were selected using purposive sampling. Data analysis was conducted using path analysis with the bootstrapping method through SmartPLS 3.2.9 software. The findings reveal that lifestyle has a positive and significant effect on financial management. Similarly, financial literacy shows a positive and significant influence on financial management. Furthermore, financial literacy demonstrates a moderating effect by weakening the relationship between lifestyle and financial management, as indicated by a significant negative interaction effect. These results imply that enhancing financial literacy can help mitigate the potential adverse effects of an excessive lifestyle on financial management. This suggests the importance of integrating financial education programs into workplace development initiatives targeting millennials.
References
Afandy, C., & Niangsih, F. F. (2020). Literasi Keuangan Dan Manajemen Keuangan Pribadi Mahasiswa Di Provinsi Bengkulu. The Manager Review, 2(2), 68–98.
Anggraini, P., & Cholid, I. (2022). Pengaruh Literasi Keuangan,Tingkat Pendidikan, Pendapatan,Perencanaan Keuangan Dan Gaya Hidup Terhadap Pengelolaan Keuangan Pada Pengrajin Tempe Di Kecamatan Plaju. Publikasi Riset Mahasiswa Manajemen, 3(2), 178–187. https://doi.org/10.35957/prmn.v3i.2322
Artha, A. F., & Wibowo, A. K. (2023). Pengaruh literasi keuangan, perencanaan keuangan, dan sikap keuangan terhadap pengelolaan keuangan. Value Added?: Majalah Ekonomi Dan Bisnis, 19(1), 1–9.
Ayatulloh, & Khairunnisa. (2022). Konsep Dasar Structural Equation Model-Partial Least Square (SEM-PLS) Menggunakan Smart PLS. Pascal Books.
Ekofani, A. R. R., & Paramita, R. A. S. (2023). Pengaruh Literasi Keuangan, Gaya Hidup, Kontrol Diri, dan Sikap Keuangan terhadap Pengelolaan Keuangan FEB UNESA. ARBITRASE: Journal of Economics and Accounting, 4(1), 60–69.
Fajriyah & Listiadi. (2021). Pengaruh Uang Saku dan Pendidikan Keuangan Keluarga terhadap Pengelolaan Keuangan Pribadi melalui Literasi Keuangan sebagai intervening. INOVASI, Jurnal Ekonomi Keuangan Dan Manajemen, 17(1), 61–72.
Hair, F. J., Black, C. W., Babin, J. B., & Anderson, E. R. (2019). Multivariate Data Analysis (Eight Edition). In Cengage Learning.
Hamid, R. S., & Anwar, S. M. (2019). Structural Equation Modeling (SEM) Berbasis Varian: Konsep Dasar Dan Aplikasi Dengan Program Smartpls 3.2.8 Dalam Riset Bisnis (Edisi Satu). PT. Inkubator Penulis Indonesia.
Juliandi, A. D. (2018). Structural equation model based partial least square (SEM-PLS): Menggunakan SmartPLS. Universitas Batam.
Kotler, P., & Keller, K. L. (2016). Manajemen Pemasaran.
Kusumaningtyas, E., Oktafiah, Y., & Mufidah, E. (2024). Pengaruh Gaya Hidup Terhadap Pengelolaan Keuangan Melalui Literasi Keuangan Sebagai Variabel Intervening Pada Generasi Z Di Kota Pasuruan. Jurnal Akuntansi Dan Manajemen Bisnis, 4(2), 133–139. https://doi.org/10.56127/jaman.v4i2.1623
Litamahuputty, J. V. (2020). Tingkat literasi keuangan mahasiswa politeknik negeri ambon. Intelektiva?: Jurnal Ekonomi, Sosial & Humaniora, 02(01), 83–89.
Napitupulu, J. H., Ellyawati, N., & Astuti, R. F. (2021). Pengaruh Literasi Keuangan dan Sikap Keuangan Terhadap Perilaku Pengelolaan Keuangan Mahasiswa Kota Samarinda. Jurnal Pendidikan Ekonomi (JUPE), 9(3), 138–144. https://doi.org/10.26740/jupe.v9n3.p138-144
OCBC Financial Fitness Index. (2024). OCBC Financial Fitness Index 2024: 39 Persen Anak Muda Menabung Untuk Tujuan Materialistik. https://www.ocbc.id/tentang-ocbc-nisp/informasi/siaran-pers/2024/08/16/ocbc-ffi-2024
Pradinaningsih, N. A., & Wafiroh, N. L. (2022). Pengaruh Literasi Keuangan, Sikap Keuangan dan Self-Efficacy terhadap Pengelolaan Keuangan Ibu Rumah Tangga. E-Jurnal Akuntansi, 32(6), 1518.
Rozaini, N., & Purwita, S. (2021). Gaya Hidup Dan Hasil Belajar Manajemen Keuangan Terhadap Perilaku Pengelolaan Keuangan Mahasiswa. Niagawan, 10(2), 198.
Setiadi, N. J. (2019). Perilaku Konsumen (Edisi Tiga). Prenamedia Group.
Sihombing, P. R. (2024). Aplikasi Smartpls 4.0 untuk Statistisi Pemula. Minhaj Pustaka.
Tempo.Co. (2020). Prediksi Angka Pengguna E-commerce di Indonesia 2024. https://www.tempo.co/data/data/prediksi-angka-pengguna-e-commerce-di-indonesia-2024-248394
Tumangger, S. (2023). Pengaruh Uang Saku Dan Gaya Hidup Terhadap Pengelolaan Keuangan Mahasiswa Pendidikan Ekonomi 2019-2020 Universitas Jambi. In Repository Unja. Universitas Jambi.
Yusanti, P. A. (2020). Pengaruh Gaya Hidup, Kecerdasan Spiritual Dan Jenis Kelamin Terhadap Perilaku Pengelolaan Keuangan Keluarga. In Repository UHW Perbanas. Universitas Hayam Wuruk.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Salma Khaerunnisa, Nor Norisanti, Kokom Komariah
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish their manuscripts in this journal agree to the following conditions:
- The copyright on each article belongs to the author(s).
- The author acknowledges that the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
- Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA).
