Research Paper
Year: 2020 | Month: February | Volume: 7 | Issue: 2 | Pages: 219-229
The Effect of Financial Attitude and Financial Knowledge on Personal Financial Management of University Students Moderated By Gender
Raras Risia Yogasnumurti, Isfenti Sadalia, Nisrul Irawati
Master of Management Study Program, Postgraduate School of University of Sumatera Utara
Corresponding Author: Raras Risia Yogasnumurti
ABSTRACT
University students are part of the community involvement in the financial usage for daily consumption budget. Consumptive and instant lifestyle frequently makes them spend their money for unnecessary needs. The increased student activities in searching for goods through online shops will certainly escalate the use of phone credit compared to those not online. While problems in holding money are mostly experienced by students especially those who are not staying at their parents. This is because students are in the transition stage from dependency to financial independency, students of the Faculty of Economics and Islamic Business, University of Islam Negeri Sumatera Utara (UINSU) – Medan who have studied subjects relating to economics and finance are supposed to have added value better than other circle of people. Therefore, students need to know and apply the meaning of personal financial management to be able to smartly manage the finances and live prosperously in the coming years. The researcher is interested in knowing the effect of financial knowledge of university students on personal financial management. Research conducted at the Faculty of Economics and Islamic Business by taking students as its population. The sample of respondents as many as 98 of 4.363 population recorded. By applying the Moderating Regression Analysis (MRA) through the moderation analysis method using SPSS version 23, the conclusion is that Financial Attitudes have a positive and significant effect on Personal Financial Management. Financial Knowledge has a positive and significant effect on Personal Financial Management. Financial Attitude and Financial Knowledge have a positive and significant effect on Personal Financial Management. Gender strengthens both Financial Attitude and Financial Knowledge on Personal Financial Management.
Keywords: Financial Attitude, Financial Knowledge, Gender and Personal Financial Management.
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