Title: The antecedents of financial literacy: a study on college students

Authors: Marcellia Susan

Addresses: Department of Management, Faculty of Economics, Maranatha Christian University, Bandung, West Java, Indonesia

Abstract: Several previous researches have shown inadequate level of financial knowledge among students, while financial literacy itself contributes toward smooth operations of domestic and international financial transactions. The study is led in order to examine the impact of entitlement, conscientiousness, financial anxiety, self-efficacy, financial socialisation agents, and financial education both simultaneously and partially on financial literacy of college student. The study conducts hypothesis testing and analyses the causal relationship between related variables. The results show the influence of entitlement, conscientiousness, self-efficacy, financial socialisation agents, and financial education on financial literacy. However, financial anxiety did not have an impact on financial literacy.

Keywords: financial literacy; money attitude; financial anxiety; self-efficacy; financial socialisation agents; financial education.

DOI: 10.1504/IJEPEE.2020.109583

International Journal of Economic Policy in Emerging Economies, 2020 Vol.13 No.4, pp.337 - 343

Received: 25 Jul 2019
Accepted: 02 Dec 2019

Published online: 09 Sep 2020 *

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