The Influence of Lifestyle and Financial Literacy on Saving Behavior for Undergraduate Students in Indonesia

Suryawati, Rindah F. and Oetari, Afriliany Dian (2021) The Influence of Lifestyle and Financial Literacy on Saving Behavior for Undergraduate Students in Indonesia. In: ICOSMI 2020, 14-16 September 2020, Bogor, West Java, Indonesia.

[thumbnail of PDF]
Preview
Text (PDF)
eai.14-9-2020.2304486.pdf - Published Version

Download (648kB) | Preview

Abstract

Saving is one way to increase the country's gross domestic product through a third- party fund (DPK). In 2019, the GDP saving ratio is 30.78 percent. Undergraduate students, who are Z generation are known as "live for today". They are digital natives and their lifestyle is consequently being dynamic along the time. This study aims to analyze the influence of lifestyle and financial literacy on the saving behavior of undergraduate students in Indonesia. Questionnaires were distributed to 593 students in 34 provinces of Indonesia and were analyzed using multiple linear regression. The results of the data analysis show that lifestyle and financial literacy has significant impact on student saving behavior. The fulfilleds lifestyle, and financial attitude shows a positive attitude on saving behavior. This study provides additional evidence of the effect of lifestyle and financial literacy on saving behavior from an emerging country.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: financial literacy lifestyle saving behavior undergraduate students
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 26 Jul 2021 14:50
Last Modified: 26 Jul 2021 14:50
URI: https://eprints.eudl.eu/id/eprint/5072

Actions (login required)

View Item
View Item