Search

One of the important issues of banking today is the role bank branches and online banking solutions play in serving consumers. With the help of a representative Survey of 1,000 adults in Hungary conducted in 2022, we examine how well online and mobile banking solutions can provide a suitable alternative to bank branches. Based on our results, online banking solutions cannot fully replace personal banking in Hungary due to the customers' attitudes, as we can see that their use does not significantly affect the frequency of visits to the bank branch, and their usage rate does not increase with the distance from the bank branch. We also point out that for the Hungarian population the trend of bank branch closures may entail the risk of being left out of the formal financial system mostly for the older, digitally less receptive social strata living in small settlements and in a relatively worse financial situation. [ABSTRACT FROM AUTHOR]

The ability to manage money has been identified as a vital talent. In this context, financial literacy has a role to play. There are significant gaps, though, such as the financial connection to human behavior. The purpose of this study is to look at the overall effects of financial literacy (FL) on the behavioural aspects of materialism (ML), compulsive buying (CB), and tendency to debt (TD). It attempts to develop and evaluate a model that is based on these variables and to examine the relationships between these research constructs. The study looked at 233 respondents mainly students studying in Omani universities.A comprehensive literature review, confirmatory factorial analysis, Structural Equation Modelling (SEM), and comprehensive analysis were used to develop research hypotheses. The primary findings suggested that financial literacy had the most significant impact on compulsive purchasing behaviour in comparison to materialism and the propensity to accumulate debt, among the direct relationships that were suggested. The study's findings have important implications for the formulation of public policy and other interested parties, as financial literacy is advantageous for individuals with poor financial health and facilitates the participation in other psychological behaviours.

Financial literacy also influences an individual's perception of investment risk. Individuals with high levels of financial literacy tend to understand better the risks associated with various types of investments and can manage these risks effectively. This research aims to determine how individuals' financial literacy levels influence investment decisions, understand the relationship between individual financial behavior and the investment decisions they make, and ascertain how financial literacy contributes to the formation of more disciplined and planned investment behavior. The method used in this research is the descriptive qualitative method. The findings of this research indicate that efforts to improve financial literacy in society must be accompanied by a holistic approach that considers various aspects influencing individual investment behavior.

Abstract The study examines the effect of digital financial literacy on financial behavior which is proxied by spending and saving behavior. In particular, this study investigates the role of gender differences in the dependency relationship between digital financial literacy on financial behavior. The population was undergraduate students of the Faculty of Economics, Sriwijaya University, Indonesia. We employed the snowball sampling method and obtained 136 respondents as samples. Ordinary Least Square and Pairwise Comparisons were used to test the hypotheses. The results show that digital financial literacy has a positive and significant effect on spending behavior and saving behavior, respectively. Moreover, there is a difference between men and women in the effect of digital financial literacy on spending behavior. Nevertheless, it is found that there is no difference between men and women in the effect of digital financial literacy on saving behavior. Keywords:Digital Financial Literacy, Spending Behavior, Saving Behavior, Financial Behavior, Gender, Millennials

This study aims to determine the effect of the big five personality traits on financial risk tolerance and investment decision. The context of this research occurs for investors in Indonesia during the covid-19 pandemic period. The approach taken in this study is to use a quantitative approach method by distributing questionnaires to respondents who have become investors in Indonesia. Five independent variables measure a person's personality: extraversion, openness to experience, conscientiousness, and emotional instability, and two dependent variables are financial risk tolerance and investment decision. The results of this study prove that Personality traits extraversion, Intellect, and conscientiousness positively affect the level of financial risk tolerance. While personality traits of agreeableness and emotional instability negatively and significantly affect investors' financial risk tolerance levels. This research also provides results that financial risk tolerance positively affects investment decisions. This research has contributed to developing investor behavior theory which has yet to be widely carried out in Indonesia. The research shows that the big five personality impacts an investor's financial risk tolerance. Finally, this will have an impact on the investment decisions that an investor will make.

The research aims to study the financial behavior of students from the Babeș-Bolyai University in the municipality of Cluj-Napoca and the factors that, according to the literature, are contributors to its formation and positive modeling. Several factors were studied using a quantitative paradigm: family financial socialization, the level of financial self-control, and exposure to financial education. The overall picture of the financial behavior of the students who took part in the research (Babeș-Bolyai University students filling a self-administered questionnaire) illustrates a relatively healthy financial behavior.

The purpose of the article. This paper attempts to reveal the effect of the study by visually presenting the analysis of the studies on the concept of "financial literacy". Methodology. Bibliometric analysis of the studies published in the Web of Science (WOS) database between 1991 and 2023 was analyzed with the VOSviewer (Version 1.6.9) package program. Since the title, content, and keyword of the concept of "financial literacy" were intended to be scanned in all languages and all publication types, 2,889 works were accessed and analyzed. The limitations of the study are that only the studies in WOS are analyzed. No data from Scopus and PubMed databases has been included. For future studies, research from the Scopus and PubMed databases should be added. Results of the research. When the most frequently included keywords in the publications related to the concept of "financial literacy" have a relationship between them at least twice in the study, the keywords "financial literacy" with 825 repetitions in terms of 1841 total connection strength, "financial education" with 111 repetitions in terms of 315 total connection strength, "financial behavior" with 65 repetitions in terms of 217 total connection strength and "financial knowledge" with 71 repetitions in terms of 213 total connection power are seen. As a result of the analysis performed, it was determined that there were 2265 connection powers and 4069 total connection powers for a total of 36 clusters. When we look at the year-by-year distribution, the most works were published in 2022 with a maximum of 426 works. At least one work was published in 2004, 2003, 1998, 1994 and 1991. Among the published studies, journal article 2,515, proceedings paper 280, early access 135, book chapters 101, review article 68, editorial material 29, correction 6, book 5, book review 3 were determined as works. When we look at the languages in which the published works are published, they are in English with a maximum of 2,814 works. At least two works are in French and Chinese. In order to determine the year-based stratification status of the published studies for country-based citations, it was noted that a country should have at least 1 study published and at least 1 citation obtained. As a result of the analysis, analysis was carried out on 78 observation units that were found to have a relationship between them, and it was determined that there were 14 clusters, 1065 connection power and 9417 total connection power. The countries with the most citations are the USA (11981 citations), the Netherlands (2445 citations) and England (1685 citations). In terms of the number of works, the ranking is the USA (197 publications), China (77 publications), India (73 publications), and Australia (70 publications). When the stratification status of the citation ties of the countries on a yearly basis is examined, it is seen that they are limited between 2017 and 2021.

This study discusses the influence of Islamic financial literacy, locus of control and religiosity on student financial management in the digital era. The respondents in this study were Febi students of Raden Mas Said State Islamic University Surakarta with a total of 177 respondents. The data collection process is carried out by disseminating questions and answers using primary quantitative methods through questionnaires. This study used multiple linear regression analysis method. This study concluded that there is a positive and significant influence between sharia financial literacy on financial management, there is a positive and significant influence between locus of control on financial management and no influence on religiosity on student financial management. Based on the results of the research conducted, the R Square value was obtained at 0.244 or 24.4%. While the remaining 75.6% was influenced by other variables that were not examined in this study. These findings can certainly be part of the reference for students in financial management in the digital era. The conclusion is that Islamic financial literacy and locus of control can influence student financial management in the digital era. Meanwhile, religiosity cannot influence student financial management in the digital era.

The development of technology and information provides convenience and many choices in making financial decisions. Many new and diverse financial products require people to have a better understanding of the process of using them. This is supported by financial literacy and an understanding of managing finances to avoid bad financial decisions. Technology adoption also leads to a rigorous lifestyle that makes them use digital services as a quick and useful tool for their activities. This study aims to examine the role of digital finance, financial literacy, and lifestyle on student’s financial behavior. This study used descriptive and verification method with a quantitative approach. The primary data was collected through questionnaires from student respondents in Bandung, West Java, Indonesia. The results of this study indicate that partially the use of digital finance has a insignificant effect on financial behaviour, but financial literacy and lifestyle has a positive significant effect on financial behaviour. Simultaneously digital finance, financial literacy, and lifestyle have a significant effect on students’ financial behavior. The study showed that the use of digital finance is only for transaction benefit not for behavioral change. It is expected to create awareness of their investment products and develop their application into more secure products in changing financial behavior.

The objective of this study is to investigate the impact of financial literacy and financial attitudes on consumptive behavior, with financial behavior acting as a mediating factor among residents of Sidoarjo, Indonesia. The research was conducted using a quantitative approach, and data collection was done through a questionnaire administered via Google Form. The study included a sample of 96 respondents, determined using the Lemeshow formula due to the unknown population size. The data was analyzed using the SmartPLS-3 software, applying the structural equation modeling (SEM) technique. The findings of this study reveal several significant outcomes. Firstly, financial literacy is found to have a direct significant influence on both consumptive behavior and financial behavior. Secondly, financial attitudes also have a direct significant impact on consumptive behavior and financial behavior. However, it is observed that financial behavior does not have a significant effect on consumptive behavior. Furthermore, the study concludes that financial behavior does not act as a mediating factor in the relationship between financial literacy and financial attitudes on consumer behavior. Overall, this research contributes to the existing knowledge by providing insights into the interplay between the discussed variables.

Financial inclusion has emerged as a new strategy to enhance family financial well-being and alleviate poverty in China and substantial financial resources have been devoted into revitalizing rural economic and social development to alleviate poverty. While research on financial usage, financial literacy, and financial well-being has received substantial attention in the consumer and financial industry, there is a significant research gap in the fields of social work and poverty alleviation. The study examined the relationship between financial usage, financial literacy and financial well-being in China utilizing the 2019 China Household Finance Survey data. The findings reveal a positive correlation between financial usage and enhanced financial well-being. Moreover, the study recognized that financial literacy mediates and moderates the relationship between financial usage and financial well-being. These findings indicated the significant role of financial literacy in increasing household per capita income and achieving balance between income and expenditures. However, low-income households not only possess less financial usage, but have lower levels of financial literacy as well compared to non-low-income households. Recognizing this reality, interventions aimed at improving the financial literacy of low-income households become particularly important. These interventions may significantly improve financial inclusion effectiveness in poverty alleviation. [ABSTRACT FROM AUTHOR]

College students often experience financial stress, which can interfere with their educational attainment. By applying the stress-coping theory, this study examined the relationships between financial stress and financial coping resources (self-earned income, financial knowledge, and financial self-efficacy), financial coping strategies (problem-focused and emotion-focused), and life satisfaction in a sample of 313 Korean college students. Data were collected through a questionnaire survey and analyzed using structural equation modeling. The results demonstrated that emotion-focused coping, rather than problem-focused coping, was related to financial stress. College students' use of problem-focused coping was positively associated with self-earned income but not with financial knowledge and self-efficacy. While self-earned income was linked to reduced life satisfaction, it was also connected to increased utilization of problem-focused coping, potentially enhancing life satisfaction. The findings indicate the importance of providing college students with opportunities to enable them to earn their own income and improve their overall well-being. [ABSTRACT FROM AUTHOR]

The spread of Covid-19 in Indonesia has caused disruption in all sectors, including the economic sector. One of the economic sectors that is currently in the spotlight is the declining per capita income, while consumption must continue to fulfill daily life. This article aims to determine the financial behavior of Indonesian people before and after the Covid-19 pandemic. Apart from that, it also measures whether there are differences in the financial behavior of Indonesian people before and after the Covid-19 pandemic, so that it can be a reference for what financial behavior should look like. The impact of the Covid-19 pandemic is of course a force majeure situation that can occur anytime and anywhere. As a generation that is in a productive age, the millennial generation is a generation that has a significant role in controlling the wheels of development in Indonesia, especially in the economic field. But unfortunately, the millennial generation is also known as a very wasteful generation because of its lifestyle. The emergence of a pandemic then affects the community’s economic conditions, including the millennial generation. This article found that millennials could reduce their wasteful nature during the pandemic and allocate their funds for more urgent and adaptive needs. Then the impact of the pandemic also provides better financial literacy for the millennial generation on their financial management behavior. [ABSTRACT FROM AUTHOR]

This study aims to determine the effect of financial behavior based on risk preference, financial stability and financial performance of Islamic BPRs in the East during the Covid-19 pandemic. The population of this study is BPRS registered with the Financial Services Authority (OJK) with a total sample of 25 respondents. The sampling method used in this research is to use a saturated sample. The data collection method was carried out by distributing questionnaires to 25 BPRS directors and collecting financial data at the OJK. The data analysis used was the Structural-Partial Least Square Equation Model (PLS-SEM). The results of the analysis show that the influence of financial behavior based on risk preference has a negative but significant effect on financial performance, and the influence of financial behavior based on risk preference has a significant positive effect on funding decisions. The Influence of Financial Behavior Based on Risk Preference has a significant positive effect on investment decisions. The influence of Funding Decisions is proven to have a significant positive effect on Financial Performance and the Effects of Funding Decisions on Investment Decisions are proven to be positive, while the Effect of Investment Decisions on Financial Performance is proven to have a positive but not significant effect. The implications of this research show that the ability to manage financial decisions for future plans is very important for the welfare of companies during the Covid-19 pandemic, companies must take the right steps so that financial decisions are directed to the right path. [ABSTRACT FROM AUTHOR]

This research aims to analyze the financial behavior of Indonesian citizens in online shopping with a focus on average spending and the factors that influence it. The research method used is secondary data analysis from the 2023 Internet Penetration and Behavior Survey report presented by the Indonesian Internet Service Providers Association (APJII). The findings of this research indicate that the majority of respondents (77.02%) spent less than IDR 500 thousand in online transactions, while factors such as consumer preferences, transaction security, the influence of digital advertising, and the availability of payment methods also influence online shopping behavior. The research conclusion shows that even though online transactions are growing, there are still several consumers who are not actively using e-commerce services. Therefore, strategic recommendations involve e-commerce business players, payment service providers, and the government to increase e-commerce penetration, improve transaction security, and optimize digital marketing to expand the consumer base. [ABSTRACT FROM AUTHOR]

This research aims to analyze the financial behavior of Indonesian society and investigate complaints related to illegal financial entities, with a focus on the 2023-2024 period. The research method used is descriptive quantitative using secondary data from reports from the Financial Services Authority (OJK) of the Republic of Indonesia. Research findings show an increase in the activity of the Illegal Financial Eradication Officer Unit (Satgas Pasti) which has succeeded in stopping 311 illegal financial entities since the beginning of 2024. Cumulatively, the Task Force Pasti has stopped 8,892 illegal financial entities from 2017 to 13 February 2024. OJK also recorded the existence of 27,283 complaints during the period 2023 to 23 February 2024, with the majority coming from the banking sector and the financial technology (fintech) industry. The contribution of this research lies in an in-depth understanding of the dynamics of illegal investment and public complaints, providing insight for more effective countermeasures and better prevention policies in the future. [ABSTRACT FROM AUTHOR]

An increasing body of studies is aimed at seeking a solution to enhance the perception of financial risk (FRP) in decisions regarding investments. Financial institutions mainly undertake this research and have demonstrated that several aspects contribute to this dimension. The study has shown that financial risk perception is a significant component that fosters investors' investment decisions. Prior research on FRP has mainly concentrated on pinpointing the parameters that influence FRP levels in financial activities with the aim of enhancing FRP. However, financial studies need a more comprehensive conceptual and theoretical understanding of the impact of financial behavior on FRP in investment decision-making. Hence, this research constitutes a theoretical framework that elucidates the impact of financial behavior on FRP in investment decision-making within the Indian market. Prior worldwide research indicates that the FRP may be enhanced by adopting good financial conduct. Therefore, it is crucial to investigate financial behavior and the impact of financial risk perception in investment decisions in the Indian environment. This extensive discourse will be advantageous for financial professionals and organisations in financial practices by emphasizing the criteria used to assess FRP and spending patterns in the past. [ABSTRACT FROM AUTHOR]

Studies reveal that the financial well-being of employees has a direct bearing on their productivity and overall well-being. The wellness initiatives organized by the information technology (IT) companies operating in India have also started focusing on the contributing aspects of financial well-being. In this context, the article explores the determinants of financial well-being of IT professionals in India. The article utilizes confirmatory factor analysis (CFA) for the analysis. The study employs a survey questionnaire covering financial literacy, financial behavior, and financial fragility. It also attempts to recognize the influence of gender and job roles (technical or managerial) in ascertaining financial well-being. The sample data used in the study include 237 professionals employed in the IT sector. The study uses partial least squared structured equation modelling (PLS-SEM) to understand the connection between the determining factors. The results indicate that financial well-being is positively influenced by financial literacy and financial behavior while financial fragility has a substantial negative impact. The financial literacy and financial fragility are significantly different between technical and managerial roles. Gender appears to have a sizeable impact on the financial behavior and financial fragility levels—women employees performed better in both the factors. Interestingly, financial literacy levels of the two genders are not significantly different. The results show that there is a need to focus on literacy, behavior, and fragility in financial wellness programs organized by the IT industry. Further, the study recommends offering tailored financial wellness training modules created based on the job levels and gender instead of following "one program, fits all" standardized approach. [ABSTRACT FROM AUTHOR]

Copyright of Jurnal Manajemen dan Organisasi is the property of IPB University and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The research aims to focus on the dimensions of financial behavior (financial knowledge, financial position, financial orientation) and its role in improving investors' decisions at the level of the companies studied. The research problem revolved around a question that says (Does financial behavior and its dimensions have a role in improving investors' decisions 0?) The hypotheses were built on testing the existence of correlations and influence between financial behavior and improving investors' decisions. The research used the descriptive and analytical approach to determine these relationships between the research variables. A questionnaire form was used as the main tool for collecting research data and information, and it was distributed to the sample members, which numbered (75) Investing in financial companies listed on the Iraq Stock Exchange, he used the statistical program package (Spss-25) to analyze the research data. The researcher reached a set of conclusions, the most important of which is the existence of correlations and influence between financial behavior and investors' decisions, and the most important conclusions are attention to investors' decisions according to the dimensions of financial behavior. Because of its impact on the work of companies and their continuity in the future. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to understand the unique financial behavior of transgender individuals compared to cisgender individuals. Furthermore, this study aims to demonstrate that understanding the financial behavior of transgender people will help financial institutions, regulators and policymakers to include them in the formal financial sector. Design/methodology/approach: The qualitative approach to research aims at understanding a given phenomenon among the participants. Semi-structured interviews are conducted with 28 transgender and cisgender individuals each. Thematic analysis is used to understand the participants' financial behavior and propose future research directions and implications to regulators and practitioners. Findings: The transgender participants (TP) earn no stable income compared to cisgender participants. Due to a lack of regular income, TP faces hardships covering their spending. No fixed spending or financial planning pattern is found among the TP, and they are found to be highly uncertain of their income and spending. The TP is found wholly excluded from the financial system, and not even a single participant with an active bank account or insurance is found. TP has not visited a bank in their lifetime, and financial literacy is found completely missing among them. No TP has ever taken a bank loan or credit from a financial institution. A zeal among TP to be financially included is found, and such participation will undoubtedly help them live a financially independent life. Cisgender people (CP) are found to be earning a stable income, have full-time jobs, save money, transact through a formal financial system and are financially more independent than TPs. Gender is shown to play a role in the financial behavior of the participants. Research limitations/implications: This study gathers information from transgender and CP and does not focus on the financial services providers; the decision not to interview the providers of financial services is a potential limitation of the present study. Another limitation is the small number of respondents who participated in the semi-structured interviews. Due to these limitations, the generalizability of the findings of this study regarding financial behavior will be restricted and require further evidence from future research. Practical implications: The present study has several practical implications. First, the requirement of understanding the financial behavior of transgender people from their perspective is missing in the literature, and studies focusing on their behavior are required to help them be financially independent. The present study has implications for regulators, policymakers and practitioners to help transgender people improve their financial conditions. Originality/value: The existing literature does not include studies focusing on understanding the financial behavior of transgender people or drawing a comparison of the financial behavior of transgender or CP. The present study explores the financial behavior of transgender people and highlights the unique financial behavior of transgender individuals. [ABSTRACT FROM AUTHOR]

Copyright of University of Sharjah Journal for Humanities & Social Sciences is the property of University of Sharjah - Scientific Publishing Unit and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This article discusses the relationship between digital financial literacy and the financial behavior and well-being of Small and Medium-sized Enterprises (SMEs) in Indonesia. The study finds that SMEs with higher levels of digital financial literacy are better able to manage their finances effectively, leading to improved financial performance and overall well-being. The study suggests that education and training programs should be implemented to enhance digital financial literacy among SME owners, and policies should be created to encourage the use of digital financial tools in SME operations. This research provides valuable insights for policymakers, financial institutions, SME owners, and researchers. [Extracted from the article]

Copyright of GeSec: Revista de Gestao e Secretariado is the property of Sindicato das Secretarias e Secretarios do Estado de Sao Paulo (SINSESP) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The purpose of the article. This paper attempts to reveal the effect of the study by visually presenting the analysis of the studies on the concept of "financial literacy". Methodology. Bibliometric analysis of the studies published in the Web of Science (WOS) database between 1991 and 2023 was analyzed with the VOSviewer (Version 1.6.9) package program. Since the title, content, and keyword of the concept of "financial literacy" were intended to be scanned in all languages and all publication types, 2,889 works were accessed and analyzed. The limitations of the study are that only the studies in WOS are analyzed. No data from Scopus and PubMed databases has been included. For future studies, research from the Scopus and PubMed databases should be added. Results of the research. When the most frequently included keywords in the publications related to the concept of "financial literacy" have a relationship between them at least twice in the study, the keywords "financial literacy" with 825 repetitions in terms of 1841 total connection strength, "financial education" with 111 repetitions in terms of 315 total connection strength, "financial behavior" with 65 repetitions in terms of 217 total connection strength and "financial knowledge" with 71 repetitions in terms of 213 total connection power are seen. As a result of the analysis performed, it was determined that there were 2265 connection powers and 4069 total connection powers for a total of 36 clusters. When we look at the year-by-year distribution, the most works were published in 2022 with a maximum of 426 works. At least one work was published in 2004, 2003, 1998, 1994 and 1991. Among the published studies, journal article 2,515, proceedings paper 280, early access 135, book chapters 101, review article 68, editorial material 29, correction 6, book 5, book review 3 were determined as works. When we look at the languages in which the published works are published, they are in English with a maximum of 2,814 works. At least two works are in French and Chinese. In order to determine the year-based stratification status of the published studies for country-based citations, it was noted that a country should have at least 1 study published and at least 1 citation obtained. As a result of the analysis, analysis was carried out on 78 observation units that were found to have a relationship between them, and it was determined that there were 14 clusters, 1065 connection power and 9417 total connection power. The countries with the most citations are the USA (11981 citations), the Netherlands (2445 citations) and England (1685 citations). In terms of the number of works, the ranking is the USA (197 publications), China (77 publications), India (73 publications), and Australia (70 publications). When the stratification status of the citation ties of the countries on a yearly basis is examined, it is seen that they are limited between 2017 and 2021. [ABSTRACT FROM AUTHOR]

The relationship between an individual's financial behavior and financial satisfaction is well known. Less evidence is available about how these two constructs interplay within couples. This considered, the current paper aims to (a) examine whether individuals' financial satisfaction is influenced by their own financial behavior (actor effect) and their partner's financial behavior (partner effect); (b) examine whether these two effects vary between husbands and wives; and (c) verify how couples' bank account status (i.e., only joint bank accounts, only separate bank accounts, both joint and separate bank accounts) moderate these effects. The current study draws 1,475 heterosexual early married couples from Couple Relationships and Transition Experiences study and modeled dyadic data through an Actor Partner Interdependence Model. Results indicate that actor's financial behavior is associated only with one's own financial satisfaction (actor effect) and not one's partner's financial satisfaction (partner effect). This holds for both wives and husbands. Furthermore, individuals who hold only joint bank account(s) are more likely to have financial behaviors similar to their partner than individuals who hold only separate bank accounts or both joint and separate accounts. Couples who hold only separate accounts are more likely to engage in less positive financial behavior than their counterparts. Implications for relationship therapists and financial professionals are discussed. [ABSTRACT FROM AUTHOR]

This study aims to explore and understand the implementation of Hulontalo ethnic values in SME's financial decision-making. The determination of informants begins with the decision of the key informant; then, the appointment of informants is developed during field searches using the Snowballing Sampling technique. The informants in this study were as many as nine people. An entrepreneur must have skills in managing his business, expertise in making quality products and implementing the values of Adati Hula-hula'a to Sara'a, Sara'a Hulahula'a to Kuran, which support the theory. There are three implementations of Hulontalo ethnic traditional values in financial decision-making: piyohu, Dilapottitilandingo, and payango. This research was hoped to support the pecking order theory and obtained a new indicator that can be considered for an individual in making financial decisions, namely Daadata Tilapulo (productivity). [ABSTRACT FROM AUTHOR]

The importance of financial literacy as a source of information for making financial decisions has been acknowledged, but little research has been done on how it affects SMEs' attitudes about taking risks. In order to examine the financial literacy and risk-taking behavior of small and medium-sized firms in Ekiti State, Nigeria, the research created an integrated model from a knowledge-based viewpoint. A survey research design was used for this study with a multi-stage sampling procedure. The study analyzed the primary data collected from the questionnaire. 154 managers and owners of SMEs in Ado-Ekiti, Ekiti State, made up the sample. According to the results of multiple regression, financial behavior, knowledge, and attitude all have a positive and substantial impact on how risk-averse small and medium-sized businesses in Ekiti State, Nigeria, are about taking risks. The study's findings revealed that a high level of financial management literacy has a critical and significant influence on enhancing the entrepreneur's risk-taking attitude, which leads to the growth of small businesses. [ABSTRACT FROM AUTHOR]

Copyright of GeSec: Revista de Gestao e Secretariado is the property of Sindicato das Secretarias e Secretarios do Estado de Sao Paulo (SINSESP) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

People behave financially in a different manner. Some people like to behave as risk lovers and to "live for today" by spending money today rather than saving or investing it. Others are risk averse. Save or invest in financial assets and think more about the future. With the ongoing process of worldwide digitalization (continued development of peer-to-peer technologies: cryptocurrency, and non-fungible tokens (NFTs)) new financial services and payment methods are available and offered to companies and households. The world is becoming a more complex place to live, offering a lot of different financial opportunities. Decisions that people make regarding their money ultimately affect their financial well-being, as well as the well-being of the whole society. Therefore, it is crucial to assess the financial literacy of the people consisting of financial behavior, financial attitude, and financial knowledge. The study analyzes the financial behavior of individuals in North Macedonia through five financial behavior concepts. It examines people's financial behavior and finds out whether gender, age, occupation, and monthly income have an impact on different financial behavior. Both secondary and primary data are used. The primary data are gathered through a self-administered questionnaire method, consisting of closed-ended questions and JASP (a statistical software). The findings ascertain that in general, respondents exhibited lower-than-average financial behavior. Results show differences in terms of gender, age, occupation, and monthly income. [ABSTRACT FROM AUTHOR]

The COVID-19 pandemic introduced unprecedented challenges for households globally, serving as a precursor to and trigger for financial stress. This study examined the associations across various factors thought to be associated with financial stress (a psychological syndrome) resulting from the COVID-19 pandemic. Using survey data collected in 2019 (n = 997) and 2021 (n = 988), propensity score matching and hierarchical linear modeling were employed to identify the association between financial stress and the pandemic. Results indicated that financial stress increased during the COVID-19 pandemic. Three covariate groups, including financial characteristics, health status, and socio-demographic characteristics, were found to be associated with financial stress levels. The primary contribution of this paper lies in offering a comprehensive understanding of how the dynamics of financial stress evolve with shifting macroeconomic events. This paper serves as a framework to employ a comprehensive financial stress measure and matched samples at various data points. Findings from this study contribute to the existing literature on financial well-being, financial stress, and societal outcomes associated with global health events while providing implications for policy and practice. [ABSTRACT FROM AUTHOR]

Introduction/Main Objectives: The number of Indonesian students who study abroad has expanded significantly during the past few decades. Nonetheless, the nation has a lot of variables that would assist in the growth of overseas students leaving the country in the future. Consequently, this study aims to investigate the variables influencing the financial literacy of Indonesian students participating in international exchange programs. This study empirically examines how students' financial behavior could be affected by their financial knowledge, financial attitude, and financial culture. It also tests how financial literacy can be directly influenced by financial behavior. Additionally, the mediating role of financial behavior has been evaluated. Background Problems: Notwithstanding the rise in the number of students enrolled in international programs, and the availability of such programs in educational institutions worldwide, these students will confront numerous obstacles and difficulties. A vital skill for these students to possess is financial literacy, since there is a lot of emphasis on cost-saving when pursuing higher education in a global setting. However, studies into financial literacy are noticeably lacking, particularly in emerging nations such as Indonesia. Novelty: The current paper adds to the limited studies concerning the financial life of international students by developing an integrated framework to examine the most crucial factors impacting the financial literacy of Indonesian students participating in international exchange programs. Research Methods: An online survey was conducted to gather the primary data from the respondents. The acquired data were analyzed using PLS-SEM. Finding/Results: The research findings showed that financial literacy was significantly impacted by financial behavior, which in turn was impacted by financial knowledge, financial attitudes, and financial culture. The relationship between financial knowledge, financial attitudes, financial culture, and financial literacy was found to be significantly mediated by financial behavior. Conclusion: The present work provides theoretical and managerial contributions regarding managing the financial life of international students in Indonesia.

This study aims to examine the personal finance characteristics of mobile banking and mobile payment users in the United States. To achieve this goal, we used the 2018 National Financial Capability Study, which surveyed over 27,000 American adults regarding their personal financial standing and behaviors. By using ordinary least squares models, our results indicated that the use of mobile banking and mobile payment technology was associated with lower age, Non-White Ethnicity, higher income, higher debt load, debt types (auto, student, credit card, and predatory), and spending more than one’s income. These results reveal that the higher one’s income, financial liabilities, and spending are, the more they may value the convenience of mobile banking and payments.

This study aims to provide empirical evidence of millennials' investment behaviors, considering their risk profiles as a moderating factor. It also explores the financial literacy and behaviors of millennials. Predictions from the Central Bureau of Statistics (Badan Pusat Statistik/BPS) suggest that millennials will form the majority in Indonesia's demographic structure, thereby shaping the country's future. The study involved 168 millennials, recruited through convenience sampling, with data collection occurring in June-July 2021. The data was analyzed using exploratory factor analysis and a structural equation model, revealing that financial literacy and behavior significantly and positively impact investing; however, while risk profile moderation affects financial literacy, it does not moderate financial behavior. The study faced limitations, including a sample size of 168 respondents—barely meeting the minimum requirements for SEM analysis—and the geographic limitation of respondents being from Palembang city. Future studies are recommended to explore a broader region with a larger sample size to enhance understanding of the moderating effect of risk profiles in financial planning.

Purpose — The aim of this study is to examine the influence of financial technology, financial literacy, and financial attitudes on the financial behavior of Generation Z within the framework of Society 4.0. Method — This quantitative descriptive research utilizes a questionnaire-based data collection approach distributed online through Google Forms to university students in Sidoarjo. A total of 94 responses were gathered from the questionnaire distribution. Subsequently, to discern the individual impacts, the data from the questionnaire were subjected to analysis employing t-tests and multiple linear regression using SPSS version 2.1. Result — This study reveals that financial technology has an influence on the financial behavior of college students, while financial literacy affects their financial behavior. Additionally, financial attitudes also impact their financial behavior. Practical implications — This study suggests a pressing need for educational institutions to enhance financial education programs, integrating concepts from behavioral finance and emphasizing practical application, to improve students' understanding of financial behavior and decision-making for effective personal financial management.

The aim of this study is to investigate the factors influencing the financial well-being of Bank Jatim employees in Indonesia. These factors encompass financial knowledge, financial socialization, internal locus of control, lifestyle, and current financial stress. Additionally, the study delves into the role of financial behavior as a mediator in this model of financial well-being. The respondents in this study are permanent employees of Bank Jatim, Indonesia, selected through purposive sampling. The findings reveal that financial knowledge, financial socialization, and current financial stress directly impact financial well-being. Internal locus of control affects financial well-being both directly and indirectly, mediated by financial behavior. However, financial behavior doesn't serve as a mediator for the influence of lifestyle on the financial well-being of bank employees. Furthermore, the results do not provide sufficient evidence for financial behavior mediating the effects of other determinant variables. For the company, this implies that enhancing the financial well-being of bank employees should involve efforts to augment their financial knowledge, promote financial socialization, and encourage a composed approach to managing their financial situations. As for bank employees, achieving financial well-being necessitates maintaining an internal locus of control and exhibiting prudent financial management behaviors.

The study investigates the financial behavior of Ukrainians residing in Ukraine and Poland, aiming to identify patterns for the development of customized financial literacy programs. Additionally, it assesses Ukrainians’ preparedness, within their behavioral patterns, for global crises leading to financial shocks. During January-February 2022, a survey method was used to collect data from randomly chosen two groups of representatives of Ukrainians in Poland (N1 = 280) and Ukraine (N2 = 341). Data were proceeded with SPSS. Common patterns were revealed for both Ukraine and Poland, which are based on traditions and personal beliefs: disciplined cash flows controlling of personal budget and forming reserves for different types of crises; concentration on short-term plans and avoiding long-term ones; lack of trust to financial institutions for saving money. Among distinguished patterns are the following: In Poland, Ukrainians are more responsible and attentive to consumer loans, regularly receive and pay bills. In Poland, the investment portfolio of Ukrainians has a more diverse set of instruments. Online financial services are preferable in Poland. The study helps to identify if financially Ukrainians were ready to resist the russian war in Ukraine. Almost 30% of Ukrainians in Ukraine and 25% in Poland had only reserve for the period 1-3 months. In both countries, they claim they are ready to cover sources of covering unforeseen expenses from their reserves (more than 50% of respondents). AcknowledgmentsThe authors would like to express their gratitude to the Kirkland Scholarship Program, the Leaders of Change Foundation, the Polish American Freedom Foundation, the University of Wroclaw and personally to Marek Wróblewski, Professor at the University of Wroclaw, Associate of Ukrainian banks, and to those who helped to disseminate information about the survey, including the Foundation Ukraine, as well as to the respondents and all those who expressed interest in the results.

The article presents the empirical study results of the financial culture of the Hungarian population, which was conducted in the form of the target audience survey through the website of the Money Compass Foundation during 2015-2022. The task of the study was to create a data set that would help to investigate the basis of financial behavior and make it possible to assess its qualitative features typical for different age groups. The Likert scale was used for data processing in the questionnaires. The selection of judgments for the scale was carried out in the process of a pilot study, for which an initial list of uncontroversial, simple in wording, unambiguous for perception statements was created. Cronbach's alpha coefficient was used to measure the internal consistency of questionnaire items. Free and anonymous online surveys, designed for adults, high school students and children, examine the financial behavior patterns of different age groups of respondents, their causes and consequences of these behaviors. This study presents the results of a survey of almost 50,000 respondents, which have been collected and processed since 2015. The components and development of financial personality in each age group were investigated by means of statistical analysis of answers. The study enables understanding of financial habits, attitudes, most specific problems and strategies to overcome these problems among Hungarians (youth, children and adults), reveals aspects of financial personality and helps map out those groups whose training and education in the field of personal finance is particularly important. The questionnaires developed by the authors help build the concept of financial personality, while offering survey participants ways to improve their financial culture and develop decision-making abilities. In the light of the obtained data, a seven-year state strategy to increase people's financial awareness was launched in Hungary, and economic education became a mandatory component of the national basic curriculum. Numerous educational organizations have used the results of the research when developing their training courses. The current goal of the research group is the wider internationalization of the questionnaire, which has so far been distributed only in Hungary, and translated into English and Ukrainian.

This study set out to ascertain how dividend policy, profitability, and debt policy affected corporate value. In addition to determining if company size can strengthen the impact of profitability, debt policy, and dividend policy on firm value. The study's research methodology was moderate regression analysis (MRA). Theoretically, this approach is suitable for investigating the influence variable after including a moderating component. The novelty aspect of this analysis is the inclusion of firm size as a moderating variable, which is thought to strengthen or decrease the relationship between dividend policy, profitability, and debt policy and firm value. The findings of this study demonstrate how profitability and dividend policy impact corporate value. Next, the impact of dividend policy on firm value is moderated by the size of the company. However, the impact of profitability on firm value is unaffected by the size of the company.

This study analyses financial education and its impact on the behavior of young people in Kosovo during their financial planning. It also provides a theoretical overview of financial education, financial planning, and financial experiences. The study was conducted using quantitative methods, with primary data collected through an online questionnaire. The statistical tests used are MANOVA, ANOVA, Paired T-Test, the Chi-square test for goodnessof-fit, and factorial and reliability analysis. We find that the level of education has a positive effect on money management and the creation of a personal financial plan; employment status and sources of income have an essential impact on controlling the financial situation; financial experience has a positive effect on making personal financial decisions. All empirical analyses are original and based on the authors’ calculations through econometric models and other research methods. We highlight the importance of financial education in schools.