Financial Literacy as a Determinant of Community Welfare: Empirical Evidence from a Rural Context
Year: 2025
Type: article
Study design: Observational Study
Abstract: The purpose of this study is to determine the effect of Financial Literacy on the Welfare of the Community in Titidu Village, Kwandang District, North Gorontalo Regency. This research uses a descriptive quantitative approach with a sample size of 44 people. The instrument used is a questionnaire or survey. The data analysis technique employed is simple linear regression analysis. Based on the results of the simple regression analysis, it can be seen that there is a positive and significant effect of financial literacy on the welfare of the community in Titidu Village, Kwandang District, North Gorontalo Regency. The regression analysis shows a coefficient of determination of 0.434, indicating that 43.4% of the variation in community welfare is influenced by financial literacy. This indicates a positive relationship between financial literacy and community welfare, where the better the financial literacy, the higher the community welfare. The remaining 56.6%, or the residual value, is influenced by other factors not examined in this study.
Authors: Fatria N. Ali, Meyko Panigoro, Rierind Koniyo, Roy Hasiru, Fatmawaty Damiti
Institution: State University of Gorontalo
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4412380575