Behavioral Finance

Chatterjee, Swarn; Goetz, Joseph W.

doi:10.1002/9781119440895.ch2

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2022

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“…This shows that a person's high financial literacy can help individuals behave financially wisely and correctly. In behavioral finance theory, individuals can utilize knowledge related to economic, financial, and psychological components to see the impact and outcome of individual financial decisions (Chatterjee & Goetz, 2018).…”

Section: Discussionmentioning

confidence: 99%

The Effect of Financial Literacy on Financial Management Behavior in the Community of Kupang

Kwesley

Anastasia

Basana

2022

Global Conference on Business and Management Proceedings

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This study aims to determine the effect of financial literacy on financial management behavior in Kupang community. The population in this study is people who lived in Kupang city and the sample used in this study amounted to 143 respondents. The data in this study were collected through distributing questionnaires. The data analysis was performed using the Partial Least Square (PLS) method. The results indicate that financial literacy has a significant effect on financial management behavior in the Kupang community. The limitation of this study is only focused on respondents who are over 20 years old. The contribution of this research is the public can be aware of knowing the importance of having good financial management behavior.

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Section: Discussionmentioning

confidence: 99%