PENGARUH FINANCIAL BEHAVIOUR, RISK TOLERANCE, DAN FINANCIAL STRAIN TERHADAP FINANCIAL SATISFACTION

Chintia Ayu  Claria; Dwi Nita Aryani

doi:10.34127/jrlab.v14i3.1785

Authors

Chintia Ayu Claria STIE Malangkucecwara, Malang
Dwi Nita Aryani STIE Malangkucecwara, Malang https://orcid.org/0000-0003-0119-214X

DOI:

https://doi.org/10.34127/jrlab.v14i3.1785

Keywords:

Financial Behavior, Financial Tolerance, Financial Pressure, Financial Satisfaction

Abstract

This study aims to analyze the influence of financial behavior, risk tolerance, and financial pressure on financial satisfaction in the millennial generation. Using a causal-associative quantitative approach, this study collected primary data through an online questionnaire from 185 respondents aged 25-40 years who lived in urban areas of Indonesia. The Structural Equation Modeling (SEM) method based on Partial Least Square (PLS) was used to analyze the data. The results showed that the variables of financial behavior, risk tolerance, and financial stress significantly and positively affected financial satisfaction. The implication of these findings is the importance of financial education and risk management strategies tailored to the characteristics of the millennial generation to increase their financial satisfaction in a sustainable manner.

Author Biographies

Chintia Ayu Claria, STIE Malangkucecwara, Malang

Jurusan Manajemen

Dwi Nita Aryani, STIE Malangkucecwara, Malang

Jurusan Manajemen

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