JSMB Vol.
2025 hlm.
Jurnal Studi Manajemen dan Bisnis http://journal.
id/jsmb The Influence of Financial Literacy.
Financial Attitude and Financial Planning on Financial Management of Students at Cokroaminoto University.
Palopo Muhammad Fauzan Haq 1.
Samsul Bachri 2.
Sahrir 3 1,2,3 Universitas Muhammadiyah Palopo.
Jl.
Jenderal Sudirman No.
Km.
Binturu.
Kec.
Wara Sel.
Kota Palopo.
Sulawesi Selatan 9192
ARTICLE INFO
Abstract Article History:
Sumbmitted:
19 April 2025 The purpose of this study is to determine how financial literacy, financial attitude, and financial planning affect the financial management of students enrolled at Cokroaminoto Palopo University's physics program.
Employing a quantitative methodology and information gathered from an online survey with 80 participants, with an emphasis on students as research subjects.
Multiple linear regression was used for data analysis in order to assess each variable's contribution to financial management.
The study's findings indicate that student financial management is significantly impacted by financial literacy, financial attitude, and financial planning.
These results demonstrate the significance of financial literacy, financial attitude, and financial planning in student financial management.
Abstraks Accepted:
01 Mei 2025 Keywords:
Financial Literacy.
Financial Attitud.
Financial Planning.
Financial Management Kata Kunci:
Literasi Keuangan.
Sikap Keuangan.
Keuangan.
Pengelolaan Keuangan DOI:
Correspondence:
Name: Muhammad Fauzan Haq Email: mfauzanhaq223@gmail.
Tujuan dari penelitian ini adalah untuk mengetahui bagaimana literasi keuangan, sikap keuangan, dan perencanaan keuangan memengaruhi pengelolaan keuangan mahasiswa program studi fisika Universitas Cokroaminoto Palopo.
Penelitian ini menggunakan metodologi kuantitatif dengan data yang dikumpulkan melalui survei online terhadap 80 peserta, dengan fokus pada mahasiswa sebagai subjek penelitian.
Analisis data dilakukan dengan regresi linier berganda untuk menilai kontribusi masingmasing variabel terhadap pengelolaan keuangan.
Hasil penelitian menunjukkan bahwa pengelolaan keuangan mahasiswa dipengaruhi secara signifikan oleh literasi keuangan, sikap keuangan, dan perencanaan keuangan.
Temuan ini menegaskan pentingnya literasi keuangan, sikap keuangan, dan perencanaan keuangan dalam pengelolaan keuangan mahasiswa.
ISSN: 2355-9543 (Prin.
ISSN: 2460-3775 (Onlin.
INTRODUCTION Good financial management is very necessary for every individual, this is because managing finances is one of the core parts of a human being in his life (Potrich et al.
, 2.
Therefore, each of us must be able to understand and have wise behavior in financial management, so as to avoid financial difficulties and get benefits from good management (Molina-Garcya et al.
, 2.
There are several factors that are the basis for managing finances, including financial literacy (Uthaileang & Kiattisin.
Yordudom et al.
, 2.
, financial attitudes (Sunita Dasman.
Ricky Riyana.
Surya Bintarti, 2.
and financial planning .
an Deventer, 2.
With Jurnal Studi Manajemen dan Bisnis Vol.
2025: 9-15
literacy, it can be done in various media such as financial literacy education, educational tools such as mobile applications, financial calculators, even games (Alrasyid & Sultan, 2.
Financial planning is an attitude that arises in the process of financial management carried out to achieve life goals in a planned manner, while the attitude itself is formed because of a clash of thoughts, positive and negative results, luck factors in the management process itself so that it determines the attitude in managing finances.
can see from the level of understanding and personality, money has so many meanings that it can show a person's financial management behavior, including money having a very important role in life, respect, quality of life, position, freedom and even crime (Napitupulu et , 2.
This shows that every human being has a different way of managing finances, therefore attitudes and literacy in managing finances are very much needed so that with good financial planning and management it can be channeled as well as possible (Yordudom et al.
, 2.
Several studies conducted to determine the effect of financial literacy (Fong, 2025.
Lanciano et , 2024.
Sumarno et al.
, 2.
, financial attitudes (Ratnawati et al.
, 2.
and financial planning (Ratnawati et al.
, 2.
on financial management, (Youla Diknasita Gahagho et al.
, 2.
concluded that understanding of literacy has a significant effect on overall financial management.
According to (Artha Aulia & Wibowo Adi, 2.
someone with high financial literacy knowledge will be easier in making financial decisions related to their personal financial management, and also the effectiveness of a person in managing financial planning can improve their personal financial management skills.
(Hidajat Sjarief & Wardhana Wydan Tegar, 2.
concluded that the effect of management showed positive and significant According to (Artikel, 2.
from several research results conducted 4 times, it shows that financial literacy and financial attitudes have an effect on financial management behavior.
(Komarudin et al.
, 2.
The future target of the financial industry can include young people, the majority of students study at different campuses and need enough distance from their homes, therefore as students it is very necessary to equip their financial management without guidance from parents, every choice of money management greatly affects our ability to survive especially students while studying away from home.
several previous studies, an understanding of financial management is very much needed so that this study aims to determine how to determine the effect of financial literacy, financial attitudes and financial planning on financial management with students of Cokroaminoto University.
Palopo City as research subjects.
METHOD
This study employed a quantitative research approach aimed at explaining the influence of financial literacy, financial attitude, and financial planning as independent variables on financial management as the dependent variable.
The quantitative method was chosen because it allows researchers to objectively analyze the relationships between variables using numerical data.
The population in this study consisted of all students from the physics study program at cokroaminoto university, palopo, covering four academic cohorts: 2021, 2022, 2023, and 2024, totaling 391 students.
the sampling technique used was non-probability sampling with a purposive sampling method.
This technique was selected based on specific criteria relevant to the research to determine the sample size, the slovin formula was applied with a 10% margin of error, resulting in a sample of 80 respondents.
the sample was proportionally distributed across the cohorts:
30 students from the 2021 cohort, 28 from 2022, 17 from 2023, and 5 from 2024.
The research instrument used was a questionnaire, which underwent validity and reliability testing.
the validity test compared the correlation value of each item with the total score against the r-table value .
All items showed a correlation above this threshold and were therefore deemed valid.
the reliability test used cronbach's alpha, where all variables achieved values above 60, indicating that the instrument was reliable and consistent for measuring the research To analyze the data, multiple linear regression was conducted to determine both the simultaneous and partial effects of the independent variables on financial management.
in addition, a ttest was used to examine the partial effects of each independent variable, while an f-test was used to assess the joint significance of the independent finally, the coefficient of determination .
A) was calculated to measure the proportion of variance in the dependent variable explained by the independent variables.
The Influence of Financial Literacy.
Financial Attitude and Financial Planning on Financial Management of Students at Cokroaminoto University.
Palopo
RESULTS
Descriptive Analysis Table 1.
Descriptive Statistics Financial Literacy Financial Attitude Financial Planning Financial Management Valid N Min Max Mean Std.
Deviation 5,514 5,963 4,066 4,899 Source: data processed by SPSS, 2025 Based on the results of the descriptive analysis above, the average value for each variable is obtained as follows: Financial Literacy with an average value of 27.
Financial Attitude of 23.
Financial Planning of 15.
36 and Financial Management of 19.
The standard deviation value for each variable shows reasonable variation among respondents, with the largest standard deviation found in the Financial Literacy variable .
which indicates a significant difference in the level of Financial Literacy among respondents.
instrument is valid or not.
In this context, the measuring instrument is the questions/statements in the questionnaire.
The questionnaire is said to be valid if the questions/statements in it can provide information about what is being measured (Janna & Herianto, 2.
This test aims to ensure that research instruments such as questionnaires can provide data that is in accordance with the research The measuring instrument used is said to be valid if the correlation value .
between the statement items and the total score is greater than the value .
(Janna & Herianto, 2.
this study, the r table value used was 0.
Validity Test and Reliability Test Validity test determines whether a measuring Table 2.
Validity Test Results Variables Literacy Finance Item R count R table Information X1.
X1.
X1.
X1.
X1.
X1.
X1.
Valid Valid Valid Valid Valid Valid Valid X2.
X2.
X2.
X2.
X2.
X2.
Valid Valid Valid Valid Valid Valid X3.
X3.
X3.
X3.
Source: data processed by SPSS, 2025 Valid Valid Valid Valid Attitude Finance Planning Finance Jurnal Studi Manajemen dan Bisnis Vol.
2025: 9-15
Table 3.
Reliability Test Variables Financial Literacy Financial Attitude Financial Planning Financial Management Source: data processed by SPSS, 2025 Cronbach's Alpha N of Items Information Reliable Reliable Reliable Reliable Hypothesis Testing Multiple Linear Regression In hypothesis testing, it is necessary to conduct multiple linear regression tests between the variables of Financial Literacy.
Financial Attitude, and Financial Planning towards Financial Management.
The results of the regression test are as follows:
Based on the test results, all calculated r values of the statement items in the Financial Literacy.
Financial Attitude and Financial Planning variables are greater than 0.
Thus, all statements used are declared valid and suitable for use in data collection in the study.
The Cronbach's Alpha value for all variables is > 60, which indicates that the instrument used is reliable and can be used for this study.
Table 4.
Multiple Linear Regression Test Results Multiple Linear Regression Test Results Std.
Error (Constan.
Financial Literacy Financial Attitude Financial Planning Variables Beta
Sig
2,427
O,477
4,597
3,498
Source: data processed by SPSS, 2025 Based on the table above, it can be seen that the constant value .
340 and for Financial Literacy ( valu.
142 while Financial Attitude ( valu.
394 and Financial Planning ( valu.
So that the multiple linear regression equation can be obtained as follows:
Y = 0.
142X 1 0.
394X 2 0.
419X 3 e Y = Financial Planning X 1 = Financial Literacy X 2 = Financial Attitude X 3 = Financial Planning C Thus the table above shows that.
C The Financial Management (Y) is 0.
340, which states that if the variables X1 .
X2 .
X3 are equal to zero, namely Financial Literacy.
Financial Attitude and Financial Planning, then Financial Management is 0.
The Financial Literacy Coefficient is 0.
which means that if there is an increase in the Financial Literacy variable by 1%, the influence on Financial Management will increase by 0.
2%), and vice versa if there is a decrease in the Financial Literacy then the influence on financial management will decrease by 0.
The Financial Attitude Coefficient is 0.
which means that if there is an increase in the Financial Attitude variable of 1%, the influence on financial management will increase by 0.
4%) or vice versa if there is a decrease in the Financial Attitude 394, the influence on financial management also decreased by 0.
The Influence of Financial Literacy.
Financial Attitude and Financial Planning on Financial Management of Students at Cokroaminoto University.
Palopo it will be .
05/2.
80-3-.
= 1.
991, so t-table = 1.
Based on the t-test in the table above, the following results were obtained:
H1: The test results show that the value (X.
has a tcount value > t-table .
427 > 1.
with a significance value of 0.
018 < 0.
05, which means that the variable X 1 (Financial Literac.
has a positive and significant effect on Financial Management, so H 1 is accepted.
H2: The test results show that the value (X.
has a tcount value > t-table .
597 > 1.
with a significance value of 0.
001 < 0.
05, which means that the variable X 2 (Financial Attitud.
has a positive and significant effect on Financial Management, so H2 is accepted.
H3: The test results show that the value (X.
has a tcount value > t-table .
498 > 1.
with a significance value of 0.
001 < 0.
05, which means that the variable X 3 (Financial Plannin.
has a positive and significant effect on Financial Management, so that H3 is accepted.
The Financial Planning Coefficient is 0.
which means that if there is an increase in the Financial Planning variable by 1%, the influence on financial management will increase by 0.
9%) or vice versa, every time there is a decrease in the Financial Planning variable by 1%, the influence on financial management will also decrease by 0.
9%).
Based on the explanation above, the variables of Financial Literacy.
Financial Attitude and Financial Planning have an influence on Financial Management.
T-test To find out each independent variable against the dependent variable, namely.
Financial Literacy.
Financial Attitude, and Financial Planning, on Financial Management by testing the regression coefficient, namely the t-test.
With the t-table formula is .
/2.
F Test Table 5.
F Test
Regression Sum of Squares 1700,340 Mean
Square 566,780 Residual 195,860 2,577 Total
1896,200
Model
Sig
219,928
Source: data processed by SPSS, 2025 Based on the results obtained in the table above, it can be seen that the significance value for Financial Literacy.
Financial Attitude and Financial Planning towards Financial Management is 0.
<0.
05 and f-count> f-table .
928> 2.
, this Coefficient of Determination Model Regression shows that H0 is rejected and H1 is accepted, meaning that there is a significant influence of financial literacy (X1 ) , financial attitude (X2 ) and financial planning (X3 ) on financial management (Y) Table 6.
Determination Coefficient Test
Sum of Squares 1700,340 Mean
Square 566,780 2,577 Residual 195,860 Total
1896,200
Sig
219,928
Source: data processed by SPSS, 2025
DISCUSSION
Financial Literacy Towards Financial Management After conducting the research, we found the results that there is a significant influence of financial literacy on the financial management of students of Cokroaminoto University Palopo which The R-Square value of 0.
897 shows that 89.
of the financial literacy, financial attitudes and planning variables influence the financial management variables, the remaining 11.
3% is influenced by other factors outside the variables Jurnal Studi Manajemen dan Bisnis Vol.
2025: 9-15
is the object of this study.
These results show that having a high level of financial literacy can make a person's financial management better, and be able to make rational financial decisions and in accordance with personal financial conditions.
With financial literacy owned by individuals with the financial knowledge they have and the benefits of investment, savings and loans, so that it can help in personal financial management.
This study has the same results as the study (Sugiharti & Maula, 2.
according to him, student financial management is greatly influenced by basic financial knowledge, savings and loans, and This implies that the more a person is financially aware and able to apply financial principles, the better the wise financial behavior and efficient financial management will be.
accompanied by the level of effectiveness of the financial planning they have.
CONCLUSIONS
Based on the results of the hypothesis test.
Financial Literacy.
Financial Attitude and Financial Planning have a significant influence on the financial management of students at Cokroaminoto University.
Palopo.
This shows the importance of financial literacy as a form of awareness of student financial management, financial attitudes that make actions and behaviors towards money better so that they can produce good financial management and financial planning that every student should have so that they can understand good financial governance, by preparing for financial desires and goals in the future.
Financial Attitude Towards Financial Management From the research that has been done shows significant results where financial attitudes influence the financial management of students of Cokroaminoto University Palopo.
This shows the great influence presented by the mindset, beliefs, mentality and situations that students have on their personal financial management, which underlies the financial behavior of students so that they have awareness of the procedures for managing their personal finances.
The results of this study are in line with (Pradiningtyas & Lukiastuti, 2.
who said that a person's personal financial management will improve with a more positive attitude towards In terms of financial management, personal budgeting, or individual assessment of short-term savings, students' financial attitudes will affect their knowledge and behavior in financial matters.
REFERENCES