Impact Of Financial Behaviour And Financial Attitude On Level Of Financial Literacy Amongst Youth: An Sem Approach

Abstract

Good financial behavior is needed nowadays to face an era where spending money or
saving money is straightforward. Today’s youth is a consumptive generation, so this
study aims to determine the financial behavior of Today’s youth. The sample used in
this study were 200 respondents. Data analysis techniques using Structural Equation
Modeling (SEM) Partial Least Square. The results showed that financial literacy
affected financial behavior through financial attitude.