Financial Literacy as a Mediation of Financial Attitudes and Financial Experience on Financial Management Behaviour

Abstract

The purpose of this study was to examine the model of the influence of financial attitudes and financial experience on financial management behaviour either directly or indirectly through financial literacy as a mediating variable. The population of this study is the students of the Faculty of Economics, University da Paz (UNPAZ) Timor-Leste in 2022 overall 569 students and taking a sample of 235 students based on the Slovin formula. The sampling technique used was random sampling. This study uses a quantitative approach. Methods of data collection by using a questionnaire. Technical data analysis using path analysis.
The results of this study indicate (1) there is a positive influence of the influence of financial attitudes on financial management behaviour. (2) there is a positive influence of financial experience on financial management behaviour. (3) there is a positive influence of financial literacy on financial management behaviour. (4) there is a positive influence of financial attitudes on financial literacy (5) there is a positive influence of financial experience on financial literacy (6) there is a positive influence of financial attitude on financial management behaviour through financial literacy (7) there is a positive influence of financial experience on financial management behaviour through financial literacy.