The Effect of Self-Control and Income Level on The Personal Financial Management of Students at Itebis Pgri Dewantara Jombang
DOI:
https://doi.org/10.29407/bdarep22Abstract
Research aim: This study aims to analyze the influence of self-control and income level on the personal financial management of working students at ITEBIS PGRI Dewantara Jombang
Design/Methode/Approach: This research employs a quantitative approach with an explanatory design using a verificative method. The population consists of 1,295 active students, with a sample of 93 respondents selected using the Slovin formula and stratified random sampling technique. Data were collected through questi onnaires and analyzed using multiple linear regression with SPSS version 24.
Research Finding: The results indicate that self-control has a positive and significant effect on personal financial management. Similarly, income level also has a positive and significant effect on personal financial management.
Theoretical contribution/Originality: This study contributes to the development of financial behavior theory by emphasizing the role of psychological factors (self-control) and economic factors (income level) in shaping personal financial management among working students, particularly at ITEBIS PGRI Dewantara Jombang an area that has received relatively limited attention in previous research and reinforces the relationship between these two variables in fostering more purposeful financial behavior.
Practitionel/Policy implication: The findings indicate that students need to improve their self-control and manage their income effectively to enhance their financial management. Educational institutions may also consider integrating financial literacy and self-control development programs into the curriculum to foster more disciplined and responsible financial behavior.
Research limitation: This study is limited to students at a single institution, which may affect the generalizability of the findings. Additionally, the use of self-reported questionnaires may introduce response bias.
Keywords:
Self-control, income level, personal financial management.Downloads
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