The aim of this study is to examine the effect of financial literacy and financial experience on SMEs financial behavior in Indonesia.The dependent variable is financial behavior while independent variables are financial literacy and financial experience. There are four control variables used, namely company size, business length, age and education level of SME owner. The respondent sample is 42 owners of SMEs in Purwokerto Selatan. This study used multiple regression analysis. The results showed that financial literacy has no effect on financial behavior. Financial experience has a positive effect on financial behavior. While among four control variables, only company size has a significant negative effect on financial behavior. Three control variables have no significant effect on financial behavior. The implication of this study, SME owners have good financial experience will increase financial behavior. Therefore, it is very important to improve the financial experience of SME owners

This study examines the effect of financial literacy and financial experience on financial performance using financial behavior as a mediator. One novelty of this research is to test the role of financial behavior as a mediating variable. The sample of this study was 91 SMEs located in Purwokerto, Indonesia. This study provides evidence of the positive effect of financial literacy on SMEs' financial behavior and financial performance. This study has not provided evidence of the mediating role of financial behavior on the relationship between financial literacy and financial experience on SME financial performance.

No abstract

Amid the economic pressures caused by the COVID-19 pandemic, individuals' interest in investing is increasing over time because investing is no longer considered difficult to do. This research aims to find out the influence of Financial Literacy, Financial Behavior and Financial Experience on The Millennial Generation Investment Decision in Batam partially. The sample used in this study amounted to 80 samples. Research methods use associative and quantitative methods with multiple linear regression data analysis techniques. The results of this study show that partially the variables of Financial Literacy, Financial Behavior and Financial Experience have a positive effect onInvestment Decisions. The effect of variables of Financial Literacy, Financial Behavior and Financial Experience on investment decisions was 71.5% and the remaining 28.5% was influenced by other variables not studied in the study.