Proceedings of the 3rd Beehive International Social Innovation Conference, BISIC 2020, 3-4 October 2020, Bengkulu, Indonesia

Research Article

The Effect of Financial Knowledge, Financial Behavior and Financial Inclusion on Financial Well-being

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  • @INPROCEEDINGS{10.4108/eai.3-10-2020.2306600,
        author={Gita  Selvia and Dewi  Rahmayanti and Chairil  Afandy and Intan  Zoraya},
        title={The Effect of Financial Knowledge, Financial Behavior and Financial Inclusion on Financial Well-being},
        proceedings={Proceedings of the 3rd Beehive  International Social Innovation Conference, BISIC 2020, 3-4 October 2020, Bengkulu, Indonesia},
        publisher={EAI},
        proceedings_a={BISIC},
        year={2021},
        month={5},
        keywords={financial knowledge; financial behavior; financial inclusion; financial well- being},
        doi={10.4108/eai.3-10-2020.2306600}
    }
    
  • Gita Selvia
    Dewi Rahmayanti
    Chairil Afandy
    Intan Zoraya
    Year: 2021
    The Effect of Financial Knowledge, Financial Behavior and Financial Inclusion on Financial Well-being
    BISIC
    EAI
    DOI: 10.4108/eai.3-10-2020.2306600
Gita Selvia1,*, Dewi Rahmayanti1, Chairil Afandy1, Intan Zoraya1
  • 1: Department of Management, Faculty of Economics and Business-University of Bengkulu
*Contact email: gitaselvia@gmail.com

Abstract

This study examines the effect of financial knowledge, financial behavior, and financial inclusion on financial well-being. The sampling method used in this study was purposive sampling with a total sample size of 509. We collected data using an online questionnaire distributed via social media in Sumatra, Indonesia. Data were examined using the Partial Least Square (PLS) technique. The results showed that financial knowledge, financial behavior, and financial inclusion had a positive effect on financial well-being. We also found that financial behavior and financial inclusion mediate the influence of financial knowledge on financial well-being.