Pengaruh Financial Technology, Financial Literacy, Financial Knowledge, Locus of Control, dan Income terhadap Perilaku Keuangan
DOI:
https://doi.org/10.26740/jim.v10n2.p475-488Keywords:
financial literacy, financial management behavior, financial technology, income, locus of controlAbstract
As a developing country, Indonesia is quite good at following the development of financial technology in the world. The global fintech industry continues to grow significantly even in the pandemic era because people must carry out all activities at home, including financial transactions that are currently easily accessible from smartphones. Currently, there are five kinds of financial technology in Indonesia. There are investment, crowdfunding, microfinancing, peer-to-peer lending, and digital payment system. The digital payment system is the favourite and is usually used by the public. The popularity of fintech has a massive effect on financial behaviour. This research aims to understand the impact of financial technology, financial literacy, financial knowledge, locus of control, and income on financial management behaviour. This research is quantitive causality and implemented multiple linear regression data analysis techniques with IBM SPSS v.25 analysis software. The number sample 165 respondents using purposive sampling. An online questionnaire collects the responses. The respondents must meet the requirement of a fintech user living in Surabaya and aged between 15 to 65 years old. The output of the study does not show the impact of financial technology and locus of control on economic behaviour. However, the result has proven that financial literacy, financial knowledge, and income can impact financial management behaviour. This research can be a reference for fintech users to be wiser in managing finances and better at determining financial decisions.
References
Adiputra, I. G., & Patricia, E. (2020). The Effect of Financial Attitude, Financial Knowledge, and Income on Financial Management Behavior. Tarumanegara International Conference of the Applications of Social Sciences and Humanity, 439(27-28 Juni 2019), 107–112. https://doi.org/10.2991/assehr.k.200515.019
Agustina, N. R., & Mardiana. (2020). The Effect of Financial Knowledge and Financial Attitude on Financial Management Behavior Mediated with Locus of Control. MEC-J (Management and Economics Journal), 4(3), 273–284. https://doi.org/10.18860/mec-j.v4i3.5300
Ahmad, A. (2021). Dampak Locus Of Control, Sikap Keuangan, Pendapatan, dan Religiusitas terhadap Perilaku Keuangan. Management & Accounting Expose, 2(2), 105–115. https://doi.org/10.36441/mae.v2i2.102
Ajzen, I. (1991). The Theory of Planned Behavior. Organizational Behavior and Human Decision Processes, 50(2), 179–211. https://doi.org/https://doi.org/10.1016/0749-5978(91)90020-T
Ajzen, I. (2005). Attitudes, Personality and Behavior (Second). Berkshire: Open University Press and McGraw Hill.
Akben-Selcuk, E. (2015). Factors Influencing College Students’ Financial Behaviors in Turkey: Evidence from a National Survey. International Journal of Economics and Finance, 7(6), 87–94. https://doi.org/10.5539/ijef.v7n6p87
Alexander, R., & Pamungkas, A. S. (2019). Pengaruh Pengetahuan Keuangan, Lokus Pengendalian dan Pendapatan terhadap Perilaku Keuangan. Jurnal Manajerial Dan Kewirausahaan, 1(1), 157–164. https://doi.org/10.24912/jmk.v1i1.2798
Ali, M., Qamar, J., Asif, M., Khemta, N., & Jamil, H. (2016). How Knowledge and Financial Self-Efficacy Moderate the Relationship between Money Attitudes and Personal Financial Management Behavior. European Online Journal of Natural and Social Sciences, 5(2), 296–308.
Anggraeni, B. D. (2015). Pengaruh Tingkat Literasi Keuangan Pemilik Usaha terhadap Pengelolaan Keuangan (Studi Kasus : UMKM Depok). Jurnal Vokasi Indonesia, 3(1), 22–30. http://dx.doi.org/10.7454/jvi.v3i1.23
ANZ Bank, & The Social Research Centre. (2015). ANZ Survey of Adult Financial Literacy in Australia. Full Report of the Results From the 2014 ANZ Survey. ANZ Bank Group. (https://www.anz.com/resources/3/1/31cbc1fd-9491-4a22-91dc-4c803e4c34ab/adult-financial-literacy-survey-full-results.pdf, diakses pada 6 Desember 2021)
Azizah, N. S. (2020). Pengaruh Literasi Keuangan, Gaya Hidup Pada Perilaku Keuangan Pada Generasi Milenial. Prisma (Platform Riset Mahasiswa Akuntansi), 1(2), 92–101. http://ojs.stiesa.ac.id/index.php/prisma/article/view/422
Badan Pusat Statistik. (2017). Penggolongan Pendapatan Penduduk. BPS. (https://www.bps.go.id/publication/2017/08/039afb3c2bfd48accc4e52eb40/statistik-pendapatan-februari-2017.html/, diakses pada 7 November 2021)
Badan Pusat Statistik. (2020). Ringkasan Eksekutif Ketenagakerjaan Kota Surabaya. BPS Kota Surabaya. (https://surabayakota.bps.go.id/publication/2021/02/03/2244740b7e43ca8fcb1713c1/ringkasan-eksekutif-ketenagakerjaan-kota-surabaya-agustus-2020.html, diakses pada 15 Oktober 2021)
Bank Indonesia. (2017). Lembaran Negara Republik Indonesia. (https://www.bi.go.id/id/publikasi/peraturan/Pages/pbi_191217.aspx, diakses pada 10 Oktober 2021)
Bank Indonesia. (2020). Mengenal Financial Technology. (https://www.bi.go.id/id/edukasi/Pages/mengenal-financial-teknologi.aspx, diakses pada 10 Oktober 2021)
Bank Indonesia. (2021). Laporan Kebijakan Moneter. (https://www.bi.go.id/id/publikasi/laporan/Pages/Laporan-Kebijakan-Moneter-Triwulan-I-2021.aspx, diakses pada 2 November 2021)
Baptista, S. M. J., & Dewi, A. S. (2021). The Influence of Financial Attitude, Financial Literacy, and Locus of Control on Financial Management Behavior (Study Case Working-Age of Semarang). International Journal of Social Science and Business, 5(1), 93–98. https://doi.org/10.23887/ijssb.v5i1.31407
Barker, R. (2010). On the Definitions of Income , Expenses and Profit in IFRS. Accounting in Europe, 7(2), 147–158. https://doi.org/10.1080/17449480.2010.511892
Chen, H., & Volpe, R. P. (1998). An Analysis of Personal Financial Literacy Among College Students. Financial Services Review, 7(2), 107–128. https://doi.org/10/1016/S1057-0810(99)80006-7
Dew, J., & Xiao, J. J. (2011). The Financial Management Behavior Scale: Development and Validation. Journal of Financial Counseling and Planning, 22(1), 43–59.
Dewanti, V. P., & Asandimitra, N. (2021). Pengaruh Financial Socialization, Financial Knowledge, Financial Experience terhadap Financial Management Behavior dengan Locus of Control Sebagai Variabel Mediasi pada Pengguna Paylater. Jurnal Ilmu Manajemen (JIM), 9(3), 863–875. https://doi.org/10.26740/jim.v9n3
Erlangga, M. Y., & Krisnawati, A. (2020). Pengaruh Fintech Payment terhadap Perilaku Manajemen Keuangan Mahasiswa. Jurnal Riset Manajemen Dan Bisnis, 15(1), 53–62. https://doi.org/10.21460/jrmb.2020.151.348
Faulcon Bowen, C. (2002). Financial Knowledge of Teens and Their Parents. The Journal of the Association for Financial Counseling and Planning Education, 13(2), 93–102.
Ferdiansyah, A., & Triwahyuningtyas, N. (2021). Analisis Layanan Financial Technology dan Gaya Hidup terhadap Perilaku Keuangan Mahasiswa. Jurnal Ilmiah Mahasiswa Ekonomi Manajemen, 6(1), 223–235. https://doi.org/10.24815/jimen.v6i1.16591
Garman, E. T., & Forgue, E. R. (2000). Personal Finance (6th ed.). Boston : Houghton Mifflin.
Ghozali, I. (2016). Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23 (Kedelapan). Semarang: Badan Penerbit Universitas Diponegoro.
Hadi, S. (1991). Analisis Butir untuk Instrumen Angket, Tes, dan Skala Nilai. Yogyakarta: FP UGM.
Hair, F. J., Black, C. W., Babin, J. B., & Anderson E Rolph. (2010). Multivariate data analysis (Seventh). New Jersey: Prentice Hall.
Hellrigel, & Slocum. (2011). Organizational Behavior (13th ed.). Mason: South-Western Cengange Learning.
Herawati, N. T. (2015). Kontribusi Pembelajaran Di Perguruan Tinggi Dan Literasi Keuangan Terhadap Perilaku Keuangan Mahasiswa. Jurnal Pendidikan Dan Pengajaran, 48(1–3), 60–70. https://doi.org/10.23887/jppundiksha.v48i1-3.6919
Humaidi, A., Khoirudin, M., Adinda, A. R., & Kautsar, A. (2020). The Effect of Financial Technology, Demography, and Financial Literacy on Financial Management Behavior of Productive Age in Surabaya, Indonesia. International Journal of Advances in Scientific Research and Engineering, 06(01), 77–81. https://doi.org/10.31695/ijasre.2020.33604
Hung, A. A., Parker, A. M., & Yoong, J. K. (2009). Defining and Measuring Financial Literacy. Santa Monica: RAND Corporation, (WR-708).
Ida, & Dwinta, C. Y. (2010). Pengaruh Locus of Control , Financial Knowledge , Income Terhadap Financial Management Behavior. 12(3), 131–144. https://doi.org/10.34208/jba.v12i3.202
Iriani, A. R., Rahayu, C. W. E., & Rahmawati, C. H. T. (2021). The influence of demographic factors and financial literacy on the financial behavior. Jurnal Kajian Manajemen Bisnis, 10(1), 33–45. https://doi.org/10.24036/jkmb.11220500
Kautsar, A., & Asandimitra, N. (2019). Financial Knowledge as Youth Preneur Success Factor. Journal of Social and Development Sciences, 10(2), 26–32. https://doi.org/10.22610/jsds.v10i2(S).2906
Kautsar, A., Asandimitra, N., Isbanah, Y., Kusumaningrum, T. M., & Rozaq, K. (2020). Financial Management Behavior of Junior High School Woman Teacher. Technium Social Sciences Journal, 14(1), 445–453.
Kautsar, A., Rusdini, D. A., Indah, T., Mulyaningsih, S., & Ghaisani, I. (2020). Impact of Financial Knowledge , Socio-Demographics , and Debt on Financial Satisfaction of Kediri People. International Journal of Latest Engineering and Management Research, 05(01), 6–9.
Kholilah, N. Al, & Iramani, R. (2013). Studi Financial Management Behavior pada Masyarakat Surabaya. Jornal of Business and Banking, 3(1), 69–80. https://doi.org/dx.doi.org/10.14414/jbb.v3i1.255
Kim, Y. H., Choi, J., Park, Y., & Yeon, J. (2016). the Adoption of Mobile Payment Services for “fintech.” International Journal of Applied Engineering Research, 11(2), 1058–1061. http://scholarworks.bwise.kr/ssu/handle/2018.sw
Kreitner, R., & Knicki, A. (2004). Organizational Behavior (fifth). Boston: McGraw-Hill.
Laily, N. (2016). The Effect of Financial Literacy on Student Behavior in Managing Finances. Journal of Accounting and Business Education, 1(1), 89–99. https://doi.org/10.26675/jabe.v1i4.6042
Larsen, R., & David, M. . (2010). Personality psychology (Fourth). New York: McGraw-Hill.
Lunt, P. K., & Livingstone, S. M. (1992). Predicting Personal Debt and Debt Repayment: Psychological, Social and Economic Determinants. Jounal of Economic Psychology, 13(1), 111–134. https://doi.org/10.1016/0167-4870(92)90055-C
Lusardi, A., & Mitchell, O. S. (2007). Baby Boomber Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth. Journal of Monetary Economics, 54(1), 205–224. https://doi.org/10.1016/j.moneco.2006.12.001
Maucash.id. (2022). Kenali 5 Jenis Fintech yang sedang Berkembang di Indonesia. (https://maucash.id/5-fintech-yang-berkembang-di-indonesia, diakses pada 15 Maret 2022)
Mien, N. T. N., & Thao, T. P. (2015). Factor Affecting Personal Financial Management Behaviors: Evidence from Vietnam. Proceedings of the Second Asia-Pacific Conference of Global Business, Economics, Finance and Social Sciences (AP15Vietnam Conference), 10-12 July, 1–16. https://doi.org/10.1161/01.HYP.0000200705.61571.95
Nizar, M. A. (2017). Technology Keuangan (Fintech): Konsep dan Implementasinya di Indonesia. Warta Fiskal, edisi 5, 5–13. (https://fiskal/kemenkeu.go.id/files/warta-fiskal/file/edisi_v_2017.pdf, diakses pada 10 November 2021)
Nofsinger, J. R. (2001). Investment Madness: How Psychology Affects Your Investing-and What to Do About It. New Jersey: Prentice Hall.
Nurhayati. (2017). Belanja “ Online ” Sebagai Cara Belanja DI Kalangan Mahasiswa ( Studi Kajian Budaya Di Universitas Malikussaleh. Aceh Anthropological Journal, 1(2), 1–22. https://doi.org/10.29103/aaj.v1i2.1140
Otoritas Jasa Keuangan. (2016a). FAQ Fintech Lending. (https://www.ojk.go.id/id/kanal/iknb/data-dan-statistik/direktori/fintech/Pages/FAQ-Kategori-Umum.aspx, diakses pada 10 November 2021)
Otoritas Jasa Keuangan. (2016b). Salinan Peraturan Otoritas Jasa Keuangan Republik Indonesia. (https://www.ojk.go.id/id/regulasi/otoritas-jasa-keuangan/peraturan-ojk/Pages/POJK-Nomor-77-POJK.01-2016.aspx, diakses pada 10 November 2021)
Otoritas Jasa Keuangan. (2017). Kajian Perlindungan Konsumen Sektor Jasa Keuangan: Perlindungan Konsumen Pada Fintech. (https://kontak157.ojk.go.id/appkpublicportal/Website/FileShowcase/AttDownload/39, diakses pada 5 Oktober 2021)
Otoritas Jasa Keuangan. (2019). Survei Nasional Literasi dan Inklusi Keuangan 2019. Survey Report. (https://www.ojk.go.id/id/berita-dan-kegiatan/publikasi/Pages/Survei-Nasional-Literasi-dan-Inklusi-Keuangan-2019.aspx, diakses pada 5 Oktober 2021)
Otoritas Jasa Keuangan. (2021). Statistik Fintech Lending Periode Agustus 2021. (https://www.ojk.go.id/id/kanal/iknb/data-dan-statistik/fintech/Pages/Statistik-Fintech-Lending-Periode-juni-2021.aspx, diakses pada 5 Oktober 2021)
Prihartono, M. R. D., & Asandimitra, N. (2018). Analysis Factors Influencing Financial Management Behaviour. International Journal of Academic Research in Business and Social Sciences, 8(8), 308–326. https://doi.org/10.6007/ijarbss/v8-i8/4471
Putra, P. D., Harahap, K., & Rahmah, S. S. (2020). The Hedonism Lifestyle, Financial Literacy and Financial Management Among Business Education Students to Financial Management. Journal of Community Research and Service, 4(1), 32–38. https://doi.org/10.24114/jcrs.v4i1.18287
Rahardyan, A. (2021). Tren Kualitas Pinjaman Fintech P2P Lending, Berapa Orang Gagal Bayar? Finansial Bisnis.Com. (https://www.google.com/amp/s/m.bisnis.com/amp/read/20210615/563/1405793/tren-kualitas-pinjaman-fintech-p2p-lending-berapa-orang-gagal-bayar, diakses pada 12 Oktober 2021)
Robbins, S. P., & Judge, T. A. (2008). Perilaku Organisasi (12th ed.). Jakarta: Salemba Empat.
Rotter, J. (1966). Generalized Expectancies For Internal Versus External Control of Reinforcements. Psychological Monograph: General and Applied, 80(1), 1–28. https://doi.org/10.1037/h0092976
Siswanti, I. (2020). Financial Knowledge, Financial Attitude, and Financial Management Behavior: Self–Control As Mediating. The International Journal of Accounting and Business Society, 28(1), 105–132. https://doi.org/10.21776/ub.ijabs.2020.28.1.5
Soemanagara, D. F. (2022). Bijak Sebelum Gunakan Jasa Fintech Lending, Ini yang Harus Dilakukan Konsumen. Finansial Bisnis.Com. (https://www.google.com/amp/read/20220422/563/1525854/bijak-sebelum-gunakan-jasa-fintech-lending-ini-yang-harus-dilakukan-konsumen, diakses pada 15 Juni 2022)
Sukirno, S. (2008). Mikro Ekonomi Teori Pengantar. Jakarta: PT Rajagrafindo Persada.
Sulaiman, M. R., & Efendi, D. A. (2022). Dibanding Kartu Kredit, Masyarakat Lebih Senang Belanja Online Menggunakan Paylater. Suara.Com. (https://www.suara.com/lifestyle/2022/06/02/174328/dibanding-kartu-kredit-masyarakat-lebih-senang-belanja-online-menggunakan-paylater, diakses pada 15 Juni 2022)
Topa, G., Solis, M. H., & Zappala, S. (2018). Financial Management Behavior Among Young Adults: The Role of Need for Cognitive Closure in a Three-Wave Moderated Mediaton Model. Frontiers In Psychology, 9(2419), 1–10. https://doi.org/10.3389/fpsyg.2018.02419
Wahyudi, W., Tukan, B. A. P., & Pinem, D. (2020). Analysis of The Effect of Financial Literation, Financial Technology, Income, and Locus of Control on Lecturer Financial Behavior. AFEBI Management and Business Review, 5(1), 37–46. https://doi.org/dx.doi.org/10.47312/ambr.v5i1.293
Widiastuti, E., Purnomo Jati, D., Tri Nawarini, A., & Murni Setyawati, S. (2020). Analisis Dampak Inovasi Layanan Keuangan Berbasis Teknologi Dan Literasi Keuangan Terhadap Perilaku Keuangan. Journal and Proceeding Fakultas Ekonomi Dan Bisnis UNSOED, 10(1), 32–39.
Widiawati, M. (2020). Pengaruh Literasi Keuangan, Locus of Control , Financial Self-Efficacy, Dan Love of Money Terhadap Manajemen Keuangan Pribadi. Prisma (Platform Riset Mahasiswa Akuntansi), 1(1), 97–108. https://ojs.stiesa.ac.id/index.php/prisma
Yusnia, Y., & Jubaedah, J. (2019). Pengaruh Pendapatan, Lokus Pengendalian Dan Pengetahuan Keuangan Terhadap Perilaku Keuangan Pelaku Umkm Kecamatan Cinere. Jurnal Ekonomi Dan Bisnis, 4(2), 173–196. https://doi.org/10.35590/jeb.v4i2.743
Zaimah, R., Sarmila, M. S., Lyndon, N., Azima, A. M., Selvadurai, S., Saad, S., & Er, A. C. (2013). Financial Behaviors of Female Teachers in Malaysia. Canadian Center of Science and Education, 9(8), 34–41. https://doi.org/10.5539/ass.v9n8p34
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons:Attribution-NonCommercial 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.