Faktor yang Memengaruhi Financial Satisfaction pada Masyarakat Kabupaten Pamekasan
DOI:
https://doi.org/10.26740/jim.v9n1.p182-190Keywords:
debt, financial literacy, financial management behavior, financial satisfaction, income.Abstract
The purpose of this research is to determine the influence of income, debt, and financial literacy on financial satisfaction through financial management behaviour as a mediating variable. This causality research using per capita income data from BPS shows that Pamekasan district has the lowest per capita income so that Pamekasan district as an object with a total sample of 193 respondents by offline questionnaire. Using SEM techniques and processed with AMOS tools, the conclusion is that only financial literacy influences financial management behaviour because of their high savings awareness. Income does not influence financial satisfaction because even their income is high enough, but they still have high debt. Debt does not affect financial satisfaction because having debt does not necessarily cause financial anxiety. Some respondents have debt and have financial satisfaction, but some do not. Financial literacy has no influence on financial satisfaction but influences financial management behaviour, and financial management behaviour has not been able to meditate because their saving behaviour is unable to increase their satisfaction
References
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Ali, A., Rahman, M. S. A., & Bakar, A. (2013). Financial Literacy and Satisfaction in Malaysia: A Pilot Study. International Journal of Trade, Economics and Finance, December 2014, 319324. https://doi.org/10.7763/ijtef.2013.v4.309
Arifin, A. Z. (2018). Influence factors toward financial satisfaction with financial behavior as intervening variable on Jakarta area workforce. European Research Studies Journal, 21(1), 90103.
Arofah, A. A., Purwaningsih, Y., & Indriayu, M. (2018). Financial Literacy, Materialism and Financial Behavior. International Journal of Multicultural and Multireligious Understanding, 5(4), 370. https://doi.org/10.18415/ijmmu.v5i4.171
Asandimitra, Nadia; dan Kautsar, Achmad. (2019). The Influence Of Financial Information, Financial Self Efficacy, And Emotional Intelligence To Financial Management Behavior Of Female Lecturer, Humanities & Social Sciences Reviews, 7(6), 1112-1124.
Chwah, C.X., Goh, W.C., Lim, J.H., Tai, W.L. and Tan, W. W. (2018). Determinants Of Financial Satisfaction By Yap Yee Lin A research project submitted in partial fulfillment of the requirement for the degree of Bachelor Of Finance ( Hons ) Faculty Of Business And Finance Department Of Finance. Malaysian Academic Library Institutional Repository, April.
Clark, A. E., Senik, C., & Yamada, K. (2013). The Joneses in Japan: pendapatan Comparisons and Financial Satisfaction. SSRN Electronic Journal, 866. https://doi.org/10.2139/ssrn.2233223
CoÅŸkuner, S. (2016). Understanding Factors Affecting Financial Satisfaction: The Influence of Financial Behavior, Financial Knowledge and Demographics. Imperial Journal of Interdisciplinary Research, 2(5), 24541362.
Davis, K., & Runyan, R. C. (2016). Personality traits and financial satisfaction: Investigation of a hierarchical approach. Journal of Financial Counseling and Planning, 27(1), 4760. https://doi.org/10.1891/1052-3073.27.1.47
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Ferrer-i-Carbonell, A., & Gërxhani, K. (2011). Financial Satisfaction and (in)formal Sector in a Transition Country. Social Indicators Research, 102(2), 315331. https://doi.org/10.1007/s11205-010-9684-6
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Jian, J., Chen, C., & Chen, F. (2014). Consumer financial capability and financial satisfaction. Social Indicators Research, 118(1), 415432. https://doi.org/10.1007/s11205-013-0414-8
Kane, S. N., Mishra, A., & Dutta, A. K. (2016). Preface: International Conference on Recent Trends in Physics (ICRTP 2016). Journal of Physics: Conference Series, 755(1). https://doi.org/10.1088/1742-6596/755/1/011001
Kautsar, A., & Asandimitra, N. (2019). Financial Knowledge as Youth Preneur Success Factor. Journal of Social Development Science. Vol. 10, No.2, 2019, pp.26-32
Kirbis, I. Å ., Vehovec, M., & Galic, Z. (2016). Relationship Between Financial Satisfaction and Financial Literacy¯: Exploring. Drus Istraz Zagreb God, 26(2), 165185.
Parmitasari, R. D. A., Hamsah, D., Alam, S., & Laba, A. R. (2018). Analysis of Ethics and Investor Behavior and Its Impact on Financial Satisfaction of Capital Market Investors. Scientific Research Journal (SCIRJ), VI(I), 5169. www.scirj.org
Plagnol, A. C. (2011). Financial satisfaction over the life course: The influence of assets and liabilities. Journal of Economic Psychology, 32(1), 4564. https://doi.org/10.1016/j.joep.2010.10.006
Purwidianti, W., & Tubastuvi, N. (2019). The Effect of Financial Literacy and Financial Experience on SME Financial Behavior in Indonesia. Jurnal Dinamika Manajemen, 10(1), 4045. https://doi.org/10.15294/jdm.v10i1.16937
Rinofah, R., & Sari, P. P. (2019). Peran Mediasi Capaian Finansial: Praktek Manajemen Keuangan Dan Kepuasan Finansial Pedagang Batik Dan Souvenir Di Pasar Beringharjo Yogyakarta. Jurnal Kewirausahaan Dan Bisnis, 24(13), 48. https://doi.org/10.20961/jkb.v24i13.29084
Robb, C. A., Chatterjee, S., Porto, N., & Cude, B. J. (2019). The Influence of Student Loan Debt on Financial Satisfaction. Journal of Family and Economic Issues, 40(1), 5173. https://doi.org/10.1007/s10834-018-9599-y
Rusdini, D. A., Indah, T., Mulyaningsih, S., Ghaisani, I., & Kautsar, A. (2020). Impact of Financial Knowledge, Socio-Demographics, and Debt on Financial Satisfaction of Kediri People. 05(01), 69.
Sabri, M., & Falahati, L. (2012). Estimating a Model of Subjective Financial Well-Being among College Students. International Journal of Humanities and Social Science, 2(18), 191199.
Seay, M., Asebedo, S., Thompson, C., Stueve, C., & Russi, R. (2015). Mortgage holding and financial satisfaction in retirement. Journal of Financial Counseling and Planning, 26(2), 200216. https://doi.org/10.1891/1052-3073.26.2.200
Yap, R. J. C., Komalasari, F., & Hadiansah, I. (2018). The Effect of Financial Literacy and Attitude on Financial Management Behavior and Satisfaction. Bisnis & Birokrasi Journal, 23(3). https://doi.org/10.20476/jbb.v23i3.9175
Yen, H. P., Jo-Lyn, N., & Keat, S. M. (2013). Financial Satisfaction Among The Urban Elderly In Selangor, Malaysia By Ho Pooi Yen Ng Jo-Lyn Siew Mun Keat A research project submitted in partial fulfillment of the requirement for the degree of Bachelor Of Economics (Hons) Global Economics Faculty O. Malaysian Academic Library Institutional Repository, April.
Ali, A., Rahman, M. S. A., & Bakar, A. (2013). Financial Literacy and Satisfaction in Malaysia: A Pilot Study. International Journal of Trade, Economics and Finance, December 2014, 319324. https://doi.org/10.7763/ijtef.2013.v4.309
Arifin, A. Z. (2018). Influence factors toward financial satisfaction with financial behavior as intervening variable on Jakarta area workforce. European Research Studies Journal, 21(1), 90103.
Arofah, A. A., Purwaningsih, Y., & Indriayu, M. (2018). Financial Literacy, Materialism and Financial Behavior. International Journal of Multicultural and Multireligious Understanding, 5(4), 370. https://doi.org/10.18415/ijmmu.v5i4.171
Asandimitra, Nadia; dan Kautsar, Achmad. (2019). The Influence Of Financial Information, Financial Self Efficacy, And Emotional Intelligence To Financial Management Behavior Of Female Lecturer, Humanities & Social Sciences Reviews, 7(6), 1112-1124.
Chwah, C.X., Goh, W.C., Lim, J.H., Tai, W.L. and Tan, W. W. (2018). Determinants Of Financial Satisfaction By Yap Yee Lin A research project submitted in partial fulfillment of the requirement for the degree of Bachelor Of Finance ( Hons ) Faculty Of Business And Finance Department Of Finance. Malaysian Academic Library Institutional Repository, April.
Clark, A. E., Senik, C., & Yamada, K. (2013). The Joneses in Japan: pendapatan Comparisons and Financial Satisfaction. SSRN Electronic Journal, 866. https://doi.org/10.2139/ssrn.2233223
CoÅŸkuner, S. (2016). Understanding Factors Affecting Financial Satisfaction: The Influence of Financial Behavior, Financial Knowledge and Demographics. Imperial Journal of Interdisciplinary Research, 2(5), 24541362.
Davis, K., & Runyan, R. C. (2016). Personality traits and financial satisfaction: Investigation of a hierarchical approach. Journal of Financial Counseling and Planning, 27(1), 4760. https://doi.org/10.1891/1052-3073.27.1.47
Diener, E., Suh, E. M., Lucas, R. E., & Smith, H. L. (1999). Subjective well-being: Three decades of progress. Psychological Bulletin, 125(2), 276302. https://doi.org/10.1037/0033-2909.125.2.276
Falahati, L., Sabri, M. F., & Paim, L. H. J. (2012). Assessment a model of financial satisfaction predictors: Examining the mediate effect of financial behaviour and financial strain. World Applied Sciences Journal, 20(2), 190197. https://doi.org/10.5829/idosi.wasj.2012.20.02.1832
Fazli Sabri, M., Cook, C. C., & Gudmunson, C. G. (2012). Financial wellbeing of Malaysian college students. Asian Education and Development Studies, 1(2), 153170. https://doi.org/10.1108/20463161211240124
Ferrer-i-Carbonell, A., & Gërxhani, K. (2011). Financial Satisfaction and (in)formal Sector in a Transition Country. Social Indicators Research, 102(2), 315331. https://doi.org/10.1007/s11205-010-9684-6
Fishbein, M., & Ajzen, I. (2005). The Influence of Attitudes on Behavior. The Handbook of Attitudes, January 2005, 173222. https://doi.org/10.1007/BF02294218
Garrett, S., & James III, R. N. (2013). Financial Ratios and Perceived Household Financial Satisfaction. Journal of Financial Therapy, 4(1). https://doi.org/10.4148/jft.v4i1.1839
Grable, J. E., Cupples, S., Fernatt, F., & Anderson, N. R. (2013). Evaluating the Link Between Perceived pendapatan Adequacy and Financial Satisfaction: A Resource Deficit Hypothesis Approach. Social Indicators Research, 114(3), 11091124. https://doi.org/10.1007/s11205-012-0192-8
Hakim, F. A., Sunarti, E., & Herawati, T. (2014). Manajemen Keuangan dan Kepuasan Keuangan Istri pada Keluarga dengan Suami Istri Bekerja. Jurnal Ilmu Keluarga Dan Konsumen, 7(3), 174182. https://doi.org/10.24156/jikk.2014.7.3.174
Halim, Y. K. E., & Astuti, D. (2015). Financial Stressors, Financial Behavior, Risk Tolerance, Financial Solvency, Financial Knowledge, dan Kepuasan Finansial. Jurnal Finesta, 3(1), 1923. https://doi.org/10.1109/EDOC.2009.26
Hansen, T., Slagsvold, B., & Moum, T. (2008). Financial satisfaction in old age: A satisfaction paradox or a result of accumulated wealth? Social Indicators Research, 89(2), 323347. https://doi.org/10.1007/s11205-007-9234-z
Jatimbps.go.id. 2017. Produk Domestik Regional Bruto. (https://jatim.bps.go.id/subject/52/produk-domestik-regional-bruto.html. Diakses pada 11 Februari 2020).
Jian, J., Chen, C., & Chen, F. (2014). Consumer financial capability and financial satisfaction. Social Indicators Research, 118(1), 415432. https://doi.org/10.1007/s11205-013-0414-8
Kane, S. N., Mishra, A., & Dutta, A. K. (2016). Preface: International Conference on Recent Trends in Physics (ICRTP 2016). Journal of Physics: Conference Series, 755(1). https://doi.org/10.1088/1742-6596/755/1/011001
Kautsar, A., & Asandimitra, N. (2019). Financial Knowledge as Youth Preneur Success Factor. Journal of Social Development Science. Vol. 10, No.2, 2019, pp.26-32
Kirbis, I. Å ., Vehovec, M., & Galic, Z. (2016). Relationship Between Financial Satisfaction and Financial Literacy¯: Exploring. Drus Istraz Zagreb God, 26(2), 165185.
Parmitasari, R. D. A., Hamsah, D., Alam, S., & Laba, A. R. (2018). Analysis of Ethics and Investor Behavior and Its Impact on Financial Satisfaction of Capital Market Investors. Scientific Research Journal (SCIRJ), VI(I), 5169. www.scirj.org
Plagnol, A. C. (2011). Financial satisfaction over the life course: The influence of assets and liabilities. Journal of Economic Psychology, 32(1), 4564. https://doi.org/10.1016/j.joep.2010.10.006
Purwidianti, W., & Tubastuvi, N. (2019). The Effect of Financial Literacy and Financial Experience on SME Financial Behavior in Indonesia. Jurnal Dinamika Manajemen, 10(1), 4045. https://doi.org/10.15294/jdm.v10i1.16937
Rinofah, R., & Sari, P. P. (2019). Peran Mediasi Capaian Finansial: Praktek Manajemen Keuangan Dan Kepuasan Finansial Pedagang Batik Dan Souvenir Di Pasar Beringharjo Yogyakarta. Jurnal Kewirausahaan Dan Bisnis, 24(13), 48. https://doi.org/10.20961/jkb.v24i13.29084
Robb, C. A., Chatterjee, S., Porto, N., & Cude, B. J. (2019). The Influence of Student Loan Debt on Financial Satisfaction. Journal of Family and Economic Issues, 40(1), 5173. https://doi.org/10.1007/s10834-018-9599-y
Rusdini, D. A., Indah, T., Mulyaningsih, S., Ghaisani, I., & Kautsar, A. (2020). Impact of Financial Knowledge, Socio-Demographics, and Debt on Financial Satisfaction of Kediri People. 05(01), 69.
Sabri, M., & Falahati, L. (2012). Estimating a Model of Subjective Financial Well-Being among College Students. International Journal of Humanities and Social Science, 2(18), 191199.
Seay, M., Asebedo, S., Thompson, C., Stueve, C., & Russi, R. (2015). Mortgage holding and financial satisfaction in retirement. Journal of Financial Counseling and Planning, 26(2), 200216. https://doi.org/10.1891/1052-3073.26.2.200
Yap, R. J. C., Komalasari, F., & Hadiansah, I. (2018). The Effect of Financial Literacy and Attitude on Financial Management Behavior and Satisfaction. Bisnis & Birokrasi Journal, 23(3). https://doi.org/10.20476/jbb.v23i3.9175
Yen, H. P., Jo-Lyn, N., & Keat, S. M. (2013). Financial Satisfaction Among The Urban Elderly In Selangor, Malaysia By Ho Pooi Yen Ng Jo-Lyn Siew Mun Keat A research project submitted in partial fulfillment of the requirement for the degree of Bachelor Of Economics (Hons) Global Economics Faculty O. Malaysian Academic Library Institutional Repository, April.
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2021-03-31
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Rusdini, D. A. (2021). Faktor yang Memengaruhi Financial Satisfaction pada Masyarakat Kabupaten Pamekasan. Jurnal Ilmu Manajemen, 9(1), 182–190. https://doi.org/10.26740/jim.v9n1.p182-190
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