Determinants of Financial Management Behavior on Students of Bahrul Ulum Tambakberas Jombang Islamic Boarding School

The objective of this researcg is aimed at the variables that may affect the financial management behavior on student of Pondok Pesantren Bahrul Ulum Tambakberas Jombang. The study uses a quantitative methodology and uses primary data from 390 respondents that were gathered via spreading questionnaires. The study's respondents had the following characteristics: they are students over 15, have at least a high school diploma or its equivalent, and rely mostly on their parents' income. With the use of SmartPLS 3.0 software, the acquired data was examined utilizing the SEM-PLS analysis technique. The study's findings show that spirituality and financial self-efficacy both positively affect financial management behavior. Meanwhile, there is a negative impact from the parental income on financial management behavior. Financial management behavior is not affected by peer influence, locus of control, and financial literacy.