The Effect Of Self-Reliance And Self-Efficacy On Student's Financial Education
(1) Universitas Indraprasta PGRI  Indonesia
(2) Universitas Indraprasta PGRI  Indonesia
(3) Universitas Indraprasta PGRI  Indonesia
(4) Universitas Indraprasta PGRI  Indonesia
Corresponding Author
DOI : https://doi.org/10.24036/011041290
Full Text: Language : ind
Abstract
Educating oneself about financial education as recent investment is a necessity, so that there is a need to conduct a study to avoid the financial problems appeared. This study aims to investigate the students' financial education level based on self-reliance and self-efficacy aspects. There were 317 students of Indrapasta PGRI university involved in this study. The data were analyzed by using multiple regression preceded by classic assumption test. The result showed that those three hypotheses are accepted. The effect of self-reliance and self-efficacy is 30.1% and other factors which are not discussed in this study affect as 69.9 %.
Keyword: self-reliance, self-efficacy, financial education
Keywords
References
Alex, B., & Morison, J. (2017). Building Self-Reliance while Alleviating Social Isolation in Kahnawake.
Amatucci, F. M., & Crawley, D. C. (2011). Financial self-efficacy among women entrepreneurs. International Journal of Gender and Entrepreneurship, 3(1), 23–37. https://doi.org/10.1108/17566261111114962
Berry, J., Karlan, D., & Pradhan, M. (2018). The Impact of Financial Education for Youth in Ghana. World Development. https://doi.org/10.1016/j.worlddev.2017.09.011
Brown, M., Klaauw, W. van der, Wen, J., & Zafar, B. (2013). Financial Education and the Debt Behavior of the Young.
Cameron, C. (2007). Education and Self-Reliance among Care Leavers. Adoption and Fostering, 31(1), 39–49. https://doi.org/10.1177/030857590703100108
Collins, J. M. (2013). The impacts of mandatory financial education: Evidence from a randomized field study. Journal of Economic Behavior and Organization, 95, 146–158. https://doi.org/10.1016/j.jebo.2012.08.011
Giofré, M. (2017). Financial education, investor protection and international portfolio diversification. Journal of International Money and Finance, 71, 111–139. https://doi.org/10.1016/j.jimonfin.2016.11.004
Hassall, T., Arquero, J. L., Joyce, J., & Gonzalez, J. M. (2013). Communication apprehension and communication self-efficacy in accounting students. Asian Review of Accounting, 21(2), 160–175. https://doi.org/10.1108/ARA-03-2013-0017
Hussain, J., Matlay, H., & Scott, J. M. (2008). Financial education in small ethnic minority businesses in the UK. Education + Training, 50(8/9), 737–747. https://doi.org/10.1108/00400910810917109
Jamieson, M., & Chisakala, D. (2016). How self-reliance is understood: viewpoints from one local community in Malawi. African Research Review, 10(5), 193. https://doi.org/10.4314/afrrev.v10i5.14
Lown, J. M., Kim, J., Gutter, M. S., & Hunt, A. T. (2015). Self-efficacy and Savings Among Middle and Low Income Households. Journal of Family and Economic Issues, 36(4), 491–502. https://doi.org/10.1007/s10834-014-9419-y
Meece, J. L., & Schunk, D. H. (2005). Self-Efficacy Development in Adolescences. In Self-Efficacy Beliefs of Adolescents (pp. 71–96).
Meier, S., & Sprenger, C. D. (2013). Discounting financial literacy: Time preferences and participation in financial education programs. Journal of Economic Behavior and Organization, 95, 159–174. https://doi.org/10.1016/j.jebo.2012.02.024
Mindra, R., Moya, M., Zuze, L. T., & Kodongo, O. (2017). Financial self-efficacy: a determinant of financial inclusion. International Journal of Bank Marketing, 35(3), 338–353. https://doi.org/10.1108/IJBM-05-2016-0065
Opletalová, A. (2015). Financial Education and Financial Literacy in the Czech Education System. Procedia - Social and Behavioral Sciences, 171, 1176–1184. https://doi.org/10.1016/j.sbspro.2015.01.229
Sabitova, N. M. (2014). Current Issues of Financial Education in Russia. Procedia - Social and Behavioral Sciences, 152, 911–915. https://doi.org/10.1016/j.sbspro.2014.09.342
Silva, T. P. da, Magro, C. B. D., Gorla, M. C., & Nakamura, W. T. (2017). Financial education level of high school students and its economic reflections. Revista de Administração, 52(3), 285–303. https://doi.org/10.1016/j.rausp.2016.12.010
Tomášková, H., Mohelská, H., & Němcová, Z. (2011). Issues of financial literacy education. Procedia - Social and Behavioral Sciences, 28, 365–369. https://doi.org/10.1016/j.sbspro.2011.11.069
Valaei, N., & Rezaei, S. (2016). Job satisfaction and organizational commitment. Management Research Review, 39(12), 1663–1694. https://doi.org/10.1108/MRR-09-2015-0216
Vhalery, R., & Nofriansyah, -. (2018). Cooperative Learning in the Learning Activity of Students. International Journal of Scientific and R
Article Metrics
Abstract Views : 896 timesPDF Downloaded : 227 times
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.