Proceedings of the 1st Economics and Business International Conference 2017 (EBIC 2017)

Financial Literacy and Financial Behavior as a Measure of Financial Satisfaction

Authors
Beby Kendida Hasibuan, Yeti Meliany Lubis, Walad Altsani HR
Corresponding Author
Beby Kendida Hasibuan
Available Online January 2018.
DOI
https://doi.org/10.2991/ebic-17.2018.79How to use a DOI?
Keywords
financial literacy, financial behavior, and financial satisfaction
Abstract

The economy of a good country can be seen from how many people are involved in entrepreneurship activities in order to meet their needs. This condition also happened in Indonesia, where currently many Indonesians are choosing this field. Unfortunately this activity is not done consistently and regularly, and they do it as a side job only. The reason is that they assume this activity can not support their life and give them the desired financial satisfaction. This study is limited on how financial satisfaction of entrepreneurs toward their financial literacy and financial behavior. This study aims to determine the level of financial satisfaction of entrepreneurs, measuring from their financial awareness and financial behavior. The number of samples was taken as 60, consists of entrepreneurs and also students who have chosen this field. By using regression analysis, found that financial literacy and financial behavior can influence financial satisfaction of entrepreneurs. We can conclude that a good financial literacy covered by good reputation can help them in determining accurate decisions, determined to financial management, and also a good financial behavior will help them to be fair. Both of these cases will help in obtaining financial satisfaction.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st Economics and Business International Conference 2017 (EBIC 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
January 2018
ISBN
978-94-6252-470-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/ebic-17.2018.79How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Beby Kendida Hasibuan
AU  - Yeti Meliany Lubis
AU  - Walad Altsani HR
PY  - 2018/01
DA  - 2018/01
TI  - Financial Literacy and Financial Behavior as a Measure of Financial Satisfaction
BT  - Proceedings of the 1st Economics and Business International Conference 2017 (EBIC 2017)
PB  - Atlantis Press
SP  - 503
EP  - 507
SN  - 2352-5428
UR  - https://doi.org/10.2991/ebic-17.2018.79
DO  - https://doi.org/10.2991/ebic-17.2018.79
ID  - Hasibuan2018/01
ER  -