Fitri Santi(1*), Trisno Supriadi(2)

(1) Jurusan Manajemen Fakultas Ekonomi dan Bisnis Universitas Bengkulu
(2) Jurusan Manajemen Fakultas Ekonomi dan Bisnis Universitas Bengkulu
(*) Corresponding Author


This study examines the effect of financial literacy, money ethics and time preference on financial behavior with time preference as a moderating effect. Financial literacy used in this research is financial attitude and financial knowledge. This study used 395 samples. We collected data using an online questionnaire. Data were examined using partial least square (PLS) technique. The results showed that financial attitudes, financial knowledge and money ethics have a positive effect on financial behavior, but time preference has a negative effect on financial behavior. the results in the sample group of low financial knowledge, financial knowledge and time preference have no effect. But the sample group in the advanced knowledge, only has no significant effect on financial knowledge.. We also find the effect of moderation in time preference to weakens the effect of financial attitudes on financial behavior.

Penelitian ini menguji pengaruh financial literacy, money ethics dan time preferences terhadap financial behavior dengan time preferences sebagai variabel moderasi. Financial literacy yang digunakan dalam penelitian ini adalah financial attitude dan financial knowledge. Penelitian ini menggunakan 395 sampel. Kami mengumpulkan data menggunakan kuesioner online. Data diperiksa dengan menggunakan teknik partial least square (PLS). Hasil penelitian menunjukkan bahwa financial attitude, financial knowledge dan money ethics berpengaruh positif terhadap financial behavior, tetapi time preference berpengaruh negatif terhadap financial behavior. Hasil pada kelompok sampel pengetahuan keuangan rendah, financial knowledge dan time preferences tidak memiliki pengaruh terhadap financial behavior. Namun kelompok sampel pada pengetahuan tinggi, hanya financial knowledge yang memiliki pengaruh terhadap financial behavior. Kami juga menemukan pengaruh moderasi time preferences untuk memperlemah pengaruh financial atttude terhadap financial behavior.


financial attitude, financial behavior, financial knowledge, money ethics and time preference.

Full Text:



Ajzen, dan Fishbein, M. (1977). Attitude-behavior relations: A theoretical analysis and review of empirical research. Psychological bulletin, 84(5), 888.

Amanah, E., Rahadian, D., dan Iradianty, A. (2016). Pengaruh Financial Knowledge, Financial Attitude dan External Locus Of Control Terhadap Personal Financial Management Behavior Pada Mahasiswa S1 Universitas Telkom. eProceedings of Management, 3(2).

Atkinson, A., dan Messy, F.-A. (2012). Measuring financial literacy: Results of the OECD/International Network on Financial Education (INFE) pilot study.

Aydin, A. E., dan Selcuk, E. A. (2019). An investigation of financial literacy, money ethics and time preferences among college students. International Journal of Bank Marketing.

Bayuk, J., dan Altobello, S. A. (2019). Can gamification improve financial behavior? The moderating role of app expertise. International Journal of Bank Marketing.

Borden, L. M., Lee, S.-A., Serido, J., et al.,. (2008). Changing college students’ financial knowledge, attitudes, and behavior through seminar participation. Journal of family, 29(1), 23-40.

Brigham, E. F., dan Houston, J. F. (2009). Dasar-Dasar Manajemen Keuangan, alih bahasa Ali Akbar Yulianto. Buku satu Jakarta: Salemba Empat.

Chen, H., dan Volpe, R. P. (1998). An analysis of personal financial literacy among college students. Financial services review, 7(2), 107-128.

Chen, H., dan Volpe, R. P. (2002). Gender differences in personal financial literacy among college students. Financial services review, 11(3), 289-307.

Chesson, H. W., Leichliter, J. S., Zimet, G. D., et al.,. (2006). Discount rates and risky sexual behaviors among teenagers and young adults. Journal of Risk uncertainty, 32(3), 217-230.

Chinen, K., dan Endo, H. (2012). Effects of attitude and background on personal financial ability: A student survey in the United States. International Journal of Management, 29(1), 33.

Cooper, M. (2011). Complexity theory after the financial crisis: The death of neoliberalism or the triumph of Hayek? Journal of Cultural Economy, 4(4), 371-385.

Dowling, N., Tim, C., dan Hoiles, L. (2009). Financial management practices and money attitudes as determinants of financial problems and dissatisfaction in young male Australian workers. Journal of financial counseling, 20(2).

Effendi, S. (2012). Tukiran. 2012. Metode Penelitian Survei.

Elliehausen, G., Christopher Lundquist, E., dan Staten, M. E. (2007). The impact of credit counseling on subsequent borrower behavior. Journal of Consumer Affairs, 41(1), 1-28.

Frederick, S., Loewenstein, G., dan O'donoghue, T. (2002). Time discounting and time preference: A critical review. Journal of economic literature, 40(2), 351-401.

Garman, E. T., dan Gappinger, A. J. (2008). Delivering financial literacy instruction to adults: Heartland Insitute of Financial Education.

Grohmann, A., Kouwenberg, R., dan Menkhoff, L. (2015). Childhood roots of financial literacy. Journal of Economic Psychology, 51, 114-133.

Hair. (2010). Black, Wc, Babin, Bj, & Anderson, Re (2010). Multivariate data analysis, 7.

Hastings, J., dan Mitchell, O. S. (2020). How financial literacy and impatience shape retirement wealth and investment behaviors. Journal of Pension Economics Finance, 19(1), 1-20.

Hayhoe, C. R., Leach, L., dan Turner, P. R. (1999). Discriminating the number of credit cards held by college students using credit and money attitudes. Journal of Economic Psychology, 20(6), 643-656.

Herdjiono, I., dan Damanik, L. A. (2016). Pengaruh financial attitude, financial knowledge, parental income terhadap financial management behavior. Jurnal Manajemen Teori dan Terapan Journal of Theory Applied Management, 9(3).

Hilgert, M. A., Hogarth, J. M., dan Beverly, S. G. F. R. B. (2003). Household financial management: The connection between knowledge and behavior. 89, 309.

Huston, S. J. (2010). Measuring financial literacy. Journal of Consumer Affairs, 44(2), 296-316.

Jorgensen, B. L., dan Savla, J. F. r. (2010). Financial literacy of young adults: The importance of parental socialization. 59(4), 465-478.

Keller, C., dan Siegrist, M. (2006). Investing in stocks: The influence of financial risk attitude and values-related money and stock market attitudes. Journal of Economic Psychology, 27(2), 285-303.

Kholilah, N., dan Iramani, R. (2013). Studi Financial Management Behavior Pada Masyarakat Surabaya. Journal of Business Banking, 3(1), 69-80.

Kim. (2003). Money attitudes and personal finance of college students. Journal of Consumption Culture, 6(3), 33-50.

Lai, C.-W. (2010). How financial attitudes and practices influence the impulsive buying behavior of college and university students. Social Behavior Personality: an international journal, 38(3), 373-380.

Lee, M. C. (2009). Understanding the behavioural intention to play online games. Online information review.

Liu, C.-C. (2017). A model for exploring players flow experience in online games. Information Technology Personality individual Differences.

Lubis, A. N., Sadalia, I., Fachrudin, K. A., et al.,. (2013). Perilaku Investor Keuangan. In.

Luhsasi, D. I. (2017). Penggunaan game online berkategori causal sebagai sarana pendidikan literasi keuangan dan pengelolaan keuangan mahasiswa. Jurnal Riset Akuntansi dan Keuangan, 5(2), 1501-1514.

Lundberg, M., dan Mulaj, F. (2014). Enhancing financial capability and behavior in low-and middle-income countries.

Lusardi, A., Mitchell, O. S., dan Curto, V. (2009). Financial literacy among the young: Evidence and implications for consumer policy (No. w15352). In: National Bureau of Economic Research.

Mason, C., dan Wilson, R. (2000). Conceptualising fi-financial literacy. Occasional Paper, 7.

Mien, N. T. N., dan Thao, T. P. (2015). Factors affecting personal financial management behaviors: evidence from vietnam. Paper presented at the Proceedings of the Second Asia-Pacific Conference on Global Business, Economics, Finance and Social Sciences (AP15Vietnam Conference).

Mitchell, T. R., dan Mickel, A. E. (1999). The meaning of money: An individual-difference perspective. Academy of management review, 24(3), 568-578.

Norvilitis, J. M., Merwin, M. M., Osberg, T. M., et al.,. (2006). Personality factors, money attitudes, financial knowledge, and credit‐card debt in college students 1. Journal of applied social psychology, 36(6), 1395-1413.

Orton, L. (2007). Financial literacy: Lessons from international experience: Canadian Policy Research Networks, Incorporated.

Pankow, D. (2003). Financial values, attitudes and goals.

Pasa, Kabasakal, H., dan Bodur, M. (2001). Society, organisations, and leadership in Turkey. Applied Psychology, 50(4), 559-589.

Rabinovich, A., Morton, T., dan Postmes, T. (2010). Time perspective and attitude‐behaviour consistency in future‐oriented behaviours. British Journal of Social Psychology, 49(1), 69-89.

Ricciardi, V. (2005). A research starting point for the new scholar: A unique perspective of behavioral finance. Available at SSRN 685685.

Robbins, dan Judge, T. A. (2008). Perilaku Organisasi, Edisi 12 Jilid 1 dan 2. Terjemahan. Salemba Empat. Jakarta.

Robbins, dan Judge, T. A. B. (2014). Perilaku Organisasi – Organizational Behaviour. Edisi 12. Jakarta : Salemba Empat.

Shih, T.-Y., dan Ke, S.-C. (2014). Determinates of financial behavior: insights into consumer money attitudes and financial literacy. Service Business, 8(2), 217-238.

Shim, S., Barber, B. L., Card, N. A., et al.,. (2010). Financial socialization of first-year college students: The roles of parents, work, and education. Journal of youth adolescence, 39(12), 1457-1470.

Shim, S., Xiao, J. J., Barber, B. L., et al.,. (2009). Pathways to life success: A conceptual model of financial well-being for young adults. Journal of Applied Developmental Psychology, 30(6), 708-723.

Sohn, S.-H., Joo, S.-H., Grable, J. E., et al.,. (2012). Adolescents’ financial literacy: The role of financial socialization agents, financial experiences, and money attitudes in shaping financial literacy among South Korean youth. Journal of adolescence, 35(4), 969-980.

Tang. (1992). The meaning of money revisited. Journal of organizational behavior, 13(2), 197-202.

Tang, dan Gilbert, P. R. (1995). Attitudes toward money as related to intrinsic and extrinsic job satisfaction, stress and work-related attitudes. Personality individual Differences, 19(3), 327-332.

Wicaksono, dan Finesta, E. D. (2015). Pengaruh Financial Literacy Terhadap Perilaku Pembayaran Kartu Kredit Pada Karyawan di Surabaya. 3(1), 85-90.

Xiao, Noring, F. E., dan Anderson, J. G. ( 1995). College students’ attitudes towards credit cards. Journal of Consumer Studies and Home Economics, Vol. 19 pp. 155-174

Article Metrics

Abstract view(s): 1107 time(s)
PDF: 1012 time(s)


  • There are currently no refbacks.