Work

The Effect of Financial Literacy and Financial Behavior on Students' Financial Planning at the Santitham Foundation Muslim School

Year: 2024

Type: article

Abstract: This research aimed to examine the influence of financial literacy and behavior on students' financial planning at the Muslim Santitham Foundation School. Adopting a quantitative method, questionnaires were used as the primary data collection instrument. A total of 100 students from Matthayom levels 4 to 6 were purposively selected as the respondents. The results showed that financial literacy had a positive and significant impact on students' financial planning skills. In contrast, financial behavior, while showing a positive effect, did not significantly influence their planning. Despite financial literacy not being explicitly integrated into the school curriculum, the students demonstrated a satisfactory understanding of the basic principles of personal financial management. This research addressed a critical gap by exploring how financial literacy contributed to shaping planning among students, particularly within a cultural context where discussing financial matters was relatively new.

Source: FINANSIA Jurnal Akuntansi dan Perbankan Syariah

DOI: 10.32332/finansia.v7i2.8951

Authors: Putri Sofiyani, Henny Saraswati, Najmi Hillalliyati, Shakirin Shumalee

Institutions: Universitas Islam Negeri Sultan Maulana Hasanuddin Banten, Prince of Songkla University

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Quality education

Open Access status: diamond

OpenAlex ID: W4405336640

FWCI: 1.019

Cites: 16

Cited by: 1

Related to: 10