The Effect of Financial Literacy and Lifestyle on Financial Management Behavior with Self-Efficacy as a Mediation Variable
A Study of Young Workforce in Tuban Regency
DOI:
10.47353/ecbis.v4i5.380Published:
2026-06-13Downloads
Abstract
This study aims to analyze the influence of financial literacy and lifestyle on financial management behavior, with self-efficacy as a mediating variable among young workers in Tuban Regency. This study employed a quantitative approach involving 160 respondents, and the data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) through SmartPLS 3. The results indicate that financial literacy, lifestyle, and self-efficacy have significant effects on financial management behavior. Financial literacy also significantly influences self-efficacy, while lifestyle does not have a significant effect on self-efficacy. Furthermore, self-efficacy is proven to mediate the relationship between financial literacy and financial management behavior, but it does not mediate the relationship between lifestyle and financial management behavior
Keywords:
Financial Literacy Lifestyle Self-Efficacy Financial Management BehaviorReferences
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Copyright (c) 2026 Rifa Fatra Yahya Masruroh, Farahiyah Sartika
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