Gender, financial literacy, and financial behavior among students

Zainal Abidin Sahabuddin () and Bram Hadianto ()

Humanities and Social Sciences Letters, 2023, vol. 11, issue 2, 203-212

Abstract: This study intends to examine and analyze the influence of financial literacy on people’s behavior and the difference in financial literacy and behavior based on gender. The population of this research comprises students in higher education institutions in Jakarta and were selected using the snowball sampling technique. This study utilizes the survey technique by distributing questionnaires to the sample population, and the variance-based structural equation model (SEM) was used to statistically analyze the responses. After deliberating the results, this study concludes that males have better financial literacy and behavior than females; financial literacy can intervene in the association between gender and money-related behavior. This means males tend to manage their money when they are financially knowledgeable. Based on this evidence, higher education institutions must set personal financial management as mandatory and elective subjects for business and non-business departments in their curriculum, respectively.

Keywords: Financial behavior; Financial literacy; Higher education; Male students; Sobel test; Variance-based SEM. (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://archive.conscientiabeam.com/index.php/73/article/view/3367/7557 (application/pdf)
https://archive.conscientiabeam.com/index.php/73/article/view/3367/7639 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pkp:hassle:v:11:y:2023:i:2:p:203-212:id:3367

Access Statistics for this article

More articles in Humanities and Social Sciences Letters from Conscientia Beam
Bibliographic data for series maintained by Dim Michael ().