Quantitative analysis reveals subjective financial knowledge lacks direct impact on financial well-being, highlighting financial behavior as a significant mediator.
This study aims to analyze the relationship between subjective financial knowledge and financial well-being with financial behavior as a mediator. This study uses a quantitative approach with an explanatory method. Data was collected through a questionnaire with a sample of generation Z in Yogyakarta using purposive sampling techniques. Data analysis was conducted using Partial Least Squares - Structural Equation Modeling (PLS-SEM) through Smart PLS 4.0 software. The results show that subjective financial knowledge does not affect financial well-being. However, the role of financial behavior as a mediator in this study indicates a positive relationship between subjective financial knowledge on financial well-being.
No takes yet. Share an insight, caveat, or question.
Desta Rizky Kusuma (2025) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: