The mediating role of locus of control: Financial knowledge and financial attitude on financial management behavior

View Full Paper

Ask AI

Bookmark

Financial attitudes significantly impact financial management behavior, while financial knowledge does not.
Using structural equation modeling with Smart PLS 4.0, data were collected from 98 students via questionnaires.
Locus of control mediates the relationship between financial knowledge and financial management behavior, influencing outcomes significantly across demographics in Yogyakarta, Indonesia. Highlights the need for financial literacy programs that integrate attitudes and locus of control for effective financial behavior management.

Discussion

No takes yet. Share an insight, caveat, or question.

Randomized trial examines locus of control's role in financial management behavior among students, suggesting implications for educational practices.

Besse Nur Fatimah Hefri (2024) studied this question.

View Full Paper

Ask AI

Bookmark

Randomized trial examines locus of control's role in financial management behavior among students, suggesting implications for educational practices.