Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)

<Previous Article In Volume
Next Article In Volume>

What Shapes Gen-Z”s Financial Management Behaviour?

Authors
Hilda Ika Ihsanda1, *, Ratih Kusumawardhani1, Risal Rinofah1
1Department of Economy, Universitas Sarjanawiyata Tamansiswa, Yogyakarta, Indonesia
*Corresponding author. Email: hildaikaihsanda08@gmail.com
Corresponding Author
Hilda Ika Ihsanda
Available Online 28 February 2025.
DOI
10.2991/978-2-38476-366-5_30How to use a DOI?
Keywords
financial literacy; financial attitude; locus of control; financial self-efficacy and financial management behavior
Abstract

This study is motivated by Generation Z’s financial difficulties in the current globalized period. The problem is marked by the consumptive behavior exhibited by Generation Z, such as spending money on the Internet, making excessive expenditures, and prioritizing lifestyle needs. Therefore, financial management behavior is needed by Generation Z to address these financial problems. This study aims to determine the variables that affect financial management behavior. This study employs a quantitative approach and the sample size of 171 Generation Z individuals in Yogyakarta. Data analysis technique using SPSS version 25. The findings of this investigation show that financial literacy, financial attitude, and financial self-efficacy positively and significantly impact financial management behavior. Meanwhile, financial management behavior is unaffected by the locus of control variable. Good financial literacy can improve personal financial well-being. A good attitude towards financial self-efficacy will help Generation Z budget, manage their finances, and make decisions about long-term savings. It is anticipated that Gen Z will gain knowledge about financial management from the findings of this study.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
28 February 2025
ISBN
978-2-38476-366-5
ISSN
2352-5398
DOI
10.2991/978-2-38476-366-5_30How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Hilda Ika Ihsanda
AU  - Ratih Kusumawardhani
AU  - Risal Rinofah
PY  - 2025
DA  - 2025/02/28
TI  - What Shapes Gen-Z”s Financial Management Behaviour?
BT  - Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)
PB  - Atlantis Press
SP  - 328
EP  - 339
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-366-5_30
DO  - 10.2991/978-2-38476-366-5_30
ID  - Ihsanda2025
ER  -