Downloads: 211 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper | Economics | Indonesia | Volume 8 Issue 8, August 2019
The Impact of Social Factors on Financial Literacy
Budhiningtyas Dian L | Siregar Hermanto | Ahmad Maulana Tb. Nur
Abstract: Governments in many countries realized that lack of financial literacy is a huge challenge that has implications for the sustainability of a country's economy. Financial literacy provides a process in stimulating economic development to grow more rapidly in which the role of financial literacy is to increase people financial capabilities so that it will enhance the growth of savings and investment society through capital formation. The purpose of this study is to analyze the impact of social factors on the level of financial literacy. Social factors used in this study include age, marital status, education, jobs and income level. A total of 118 respondents who have attended financial literacy training were used in this study. The research method used in this research is multiple linear regressions. The results of the study showed that there are two factors that affect the level of financial literacy namely the level of income and marital status.
Keywords: financial literacy, social characteristics, multiple linear regressions
Edition: Volume 8 Issue 8, August 2019,
Pages: 118 - 121
Similar Articles with Keyword 'financial literacy'
Downloads: 136
Research Paper, Economics, Iraq, Volume 6 Issue 10, October 2017
Pages: 1758 - 1767Financial Inclusion and Economic Development in Iraq
Ammar Hamad Khalaf | Azhar Hassan Ali
Downloads: 405 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Economics, India, Volume 8 Issue 2, February 2019
Pages: 1560 - 1563Impact of Pradhan Mantri Jan-Dhan Yojan (PMJDY) on Financial Inclusion in India: An Overview
Dr. Surappa Naik