FINANCIAL LITERACY AMONG UNIVERSITY STUDENTS IN INDONESIA

This study aims to empirically analyze whether financial literacy can improve financial behavior among university students in Indonesia. The author examines the impact of financial literacy on payment attitude and savings attitude uptake using a typical financial literacy questionnaire that contains fundamental numeracy, interest rates, inflation, and diversification topics. The author uses 2 binary variables that are payment attitude and savings attitude to capture an individual's financial behavior in this study. The author employs quota sampling and is based on an online survey administered to the i216 university students in Indonesia. The result show that Payment Attitude have positive effects with Financial Literacy, Gender, Age, Education, Marital Status, Accommodation type, Source of fund during study. And also the result of Savings attitude shows that they have positive effects with Financial literacy and Age. This study only focuses on determining the extent of financial literacy among Indonesian university students. As a result, the findings do not fully reflect Indonesia's actual level of financial literacy. This research provides to the body of knowledge about financial literacy among Indonesian students. The relationship between components of financial literacy, knowledge, behavior, and attitudes in the general public could be the topic of future research. Furthermore, because the number of respondents in this study is small (only 216), it is hoped that future research would include a larger number of respondents.

Keywords: Financial Literacy, Financial Behavior, Financial Planning