Determinant Analysis of Employee’s Interest in Making Personal Financial Planning

Penulis

  • Muhammad Rizal Bakri Tazkia Islamic University College
  • Dina Diana Tazkia Islamic University College

Abstrak

Personal financial planning needs to be done by an employee. However, in practice there are several problems that hinder this such as: the low level of financial knowledge in Indonesian society, the lack of financial discipline, and the large number of consumption levels that exceed the limit. This study aims to analyze the factors that influence employee interest in making personal financial planning. The financial attitude, social influence, and financial self-efficacy variables will act as independent variables that will affect the dependent variable, namely personal financial planning. This research was conducted in the Bekasi area by taking a sample of 172 respondents. The sampling method used purposive sampling and analyzed using Structural Equation Model-Partial Least Square (SEM-PLS). The result is that the financial attitude and financial self-efficacy variables have a positive and significant effect on personal financial planning and the social influence variable has no effect on personal financial planning.

Referensi

Ajzen, I. (1985). From Intentions to Actions: A Theory of Planned Behavior. In Action Control (pp. 11–39). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-642-69746-3_2

Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179–211. https://doi.org/10.1016/0749-5978(91)90020-T

Ajzen, I. (2012). The Theory of Planned Behavior. In Handbook of Theories of Social Psychology: Volume 1 (pp. 438–459). SAGE Publications Ltd. https://doi.org/10.4135/9781446249215.n22

Al Kholilah, N., & Iramani. (2013). Studi Financial Management Behavior pada Masyarakat Surabaya. Journal of Business and Banking, 3(1), 69–80.

Amatucci, F. M., & Crawley, D. C. (2011). Financial self-efficacy among women entrepreneurs. International Journal of Gender and Entrepreneurship, 3(1), 23–37. https://doi.org/10.1108/17566261111114962

Ardelia, A. S. (2016). The influence of knowledge, religiosity, interests and social environment of students on Islamic financial planning (Studi Comparison on Islamic Economics Students FIAI UII and Islamic Economics Students SEI IAIN Pontianak). Universitas Islam Indonesia.

Armitage, C. J., & Conner, M. (2001). Efficacy of the Theory of Planned Behaviour: A meta-analytic review. British Journal of Social Psychology, 40(4), 471–499. https://doi.org/10.1348/014466601164939

Aryanti, R. D. (2017). Hubungan Antara Pengetahuan dan Lingkungan Sosial terhadap Perencanaan Keuangan Islam pada Mahasiswa Ekonomi Islam Angkatan 2013 & 2014.

Ate, G. M., & Yowi, L. R. K. (2022). Perencanaan Keuangan Pribadi Karyawan Single (Studi pada Karyawan BUMN di Kota Waingapu). Jurnal Riset Ekonomi, 2(3), 355–364.

Chin, W. W. (1998). The Partial Least Squares Approach to Structural Equation Modeling the Proactive Technology Project Recovery Function: A Methodological Analysis View Project Research Methods View project (G. A. Marsoulides, Ed.). Lawrence Erlbaum Associates. https://www.researchgate.net/publication/311766005

Christian, S., & Wiyanto, H. (2020). Pengaruh Sikap Keuangan, Sosial, dan Pengetahuan Keuangan terhadap Perencanaan Keuangan Pribadi. Jurnal Manajerial dan Kewirausahaan, 2(3), 820–827.

Cohen, J. (1988). Statistical power analysis for the behavioral sciences (Second Edition). L. Erlbaum Associates.

Fajar, R., & Syamlan, Y. T. (2018). Do Parents and Social Environment Influence Stundent Understanding of Retirement Planning? A Study on Islamic Economic and Bussines Student in Bogor. IKONOMIKA: Journal of Islamic Economics and Business, 3(1), 53–72. https://ejournal.radenintan.ac.id/index.php/ikonomika

Farrell, L., Fry, T. R. L., & Risse, L. (2016). The Significance of Financial Self-Efficacy in Explaining Women’s Personal Finance Behaviour. Journal of Economic Psychology, 54, 85–99. https://doi.org/10.1016/j.joep.2015.07.001

Forbes, J., & Kara, S. M. (2010). Confidence mediates how investment knowledge influences investing self-efficacy. Journal of Economic Psychology, 31(3), 435–443. https://doi.org/10.1016/j.joep.2010.01.012

Fornell, C., & Larcker, D. F. (1981). Evaluating Structural Equation Models with Unobservable Variables and Measurement Error. Source: Journal of Marketing Research, 18(1), 39–50.

Fuadi, M. N., & Trisnaningsih, S. (2022). Pengaruh Literasi Keuangan dan Lingkungan Sosial Terhadap Perencanaan Keuangan Pribadi. Jurnal Proaksi, 9(2), 97–111. https://doi.org/10.32534/jpk.v9i2.2332

Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2014). Multivariate Data Analysis (Sevent Edition). Pearson Prentise Hall.

Hair, J. F., Risher, J. J., Sarstedt, M., & Ringle, C. M. (2019). When to use and how to report the results of PLS-SEM. In European Business Review (Vol. 31, Issue 1, pp. 2–24). Emerald Group Publishing Ltd. https://doi.org/10.1108/EBR-11-2018-0203

Hair, J., Hollingsworth, C. L., Randolph, A. B., & Chong, A. Y. L. (2017a). An updated and expanded assessment of PLS-SEM in information systems research. Industrial Management & Data Systems, 117(3), 442–458. https://doi.org/10.1108/IMDS-04-2016-0130

Hair, J., Hollingsworth, C. L., Randolph, A. B., & Chong, A. Y. L. (2017b). An updated and expanded assessment of PLS-SEM in information systems research. Industrial Management and Data Systems, 117(3), 442–458. https://doi.org/10.1108/IMDS-04-2016-0130

Imari, I., Maulana, H., Suminto, A., & Tambayong, W. (2023). Islamic Financial Literacy Analysis of Islamic Economics Students using The Theory of Planned Behavior ( TPB ): Empirical Studies with SEM-PLS Approach. FICCOMSS: Proceedings of FEMFEST International Conference on Economics, Management, and Business, 1(21), 453–469.

Jamal, A. A. A., Kamal Ramlan, W., & Osman, Z. (2015). The Effects of Social Influence and Financial Literacy on Savings Behavior: A Study on Students of Higher Learning Institutions in Kota Kinabalu. International Journal of Business and Social Science, 6(11), 110–119. www.ijbssnet.com

Kusdiana, Y., & Safrizal, S. (2022). Faktor-Faktor yang Mempengaruhi Perencanaan Keuangan Keluarga. JAS (Jurnal Akuntansi Syariah), 6(1), 127–139. https://doi.org/10.46367/jas.v6i1.580

Latan, H., & Ghozali, I. (2012). Partial least squares konsep, teknik, dan aplikasi smartPLS 2.0 M3 untuk penelitian empiris. Badan Penerbit Undip.

Lim, H., Heckman, S. J., Letkiewicz, J. C., & Montalto, C. P. (2014). Financial Stress, Self-Efficacy, and Financial Help-Seeking Behavior of College Students. Journal of Financial Counseling and Planning, 25(2), 148–160.

Lown, J. M. (2011). 2011 Oustanding AFCPE Conference Paper Development and Validation of a Financial Self-Efficacy Scale. Journal of Financial Counseling and Planning, 22(2), 54–63.

Lukmanto, R. (2014). Studi Deskriptif Persepsi Mahasiswa tentang Perencanaan Keuangan Mahasiswa di Surabaya. Calyptra: Jurnal Ilmiah Mahasiswa Universitas Surabaya, 3(1), 1–18. http://proteksikeuangan.blogspot.com

Mutia, A. (2022, October 27). Masalah Keuangan hingga Tekanan dari Pasangan Jadi Pemicu Kesehatan Mental di Indonesia. Databoks. https://databoks.katadata.co.id/datapublish/2022/10/27/masalah-keuangan-hingga-tekanan-dari-pasangan-jadi-pemicu-kesehatan-mental-di-indonesia

Noor, N., Batool, I., & Arshad, H. M. (2020). Financial literacy, financial self-efficacy and financial account ownership behavior in Pakistan. Cogent Economics and Finance, 8(1), 1–17. https://doi.org/10.1080/23322039.2020.1806479

Purwanti. (2021). Pengaruh Financial Knowledge, Financial Attitude, Persepsi Kemudahan, Sosial Demografi Penggunaan Dana Dompet Digital Terhadap Financial Management Behavior (Studi Empiris Konsumen Mahasiswa Di Pelita Bangsa). Jurnal Daya Saing, 7(1), 58–66.

Putri, M. H., & Pamungkas, A. S. (2019). Pengaruh Financial Knowledge, Locus of Control dan Financial Self Efficacy Terhadap Financial Behavior. Jurnal Manajerial Dan Kewirausahaan, 1(4), 889–890.

Rahma, F. A., & Susanti, S. (2022). Pengaruh Literasi Keuangan, Financial Self Efficacy dan Fintech Payment terhadap Manajemen Keuangan Pribadi Mahasiswa. EDUKATIF : JURNAL ILMU PENDIDIKAN, 4(3), 3236–3247. https://doi.org/10.31004/edukatif.v4i3.2690

Rahmawati, N. W., & Haryono, N. A. (2020). Analisis Faktor yang Memengaruhi Financial Management Behavior dengan Mediasi Locus of Control. Jurnal Ilmu Manajemen, 8(2), 549–563. www.kompasiana.com,

Rokhmah, R. N. (2021). Pengaruh Literasi Keuangan dan Lingkungan Sosial terhadap Perilaku Keuangan Mahasiswa Fakultas Ekonomi dan Bisnis UNISMUH Makassar.

Rothwell, D. W., Khan, M. N., & Cherney, K. (2016). Building Financial Knowledge is Not Enough: Financial Self-Efficacy as a Mediator in the Financial Capability of Low-Income Families. Journal of Community Practice, 24(4), 368–388. https://doi.org/10.1080/10705422.2016.1233162

Sari, M. P., Irdhayanti, E., & Ahmadi, A. (2023). Pengetahuan Perencanaan Keuangan Dan Sikap Keuangan Terhadap Perencanaan Keuangan Pada Mahasiswa. Journal of Accounting, Management, and Economics Research (JAMER), 1(2), 103–118. https://doi.org/10.33476/jamer.v1i2.32

Sarstedt, M., Ringle, C. M., & Hair, J. F. (2017). Partial Least Squares Structural Equation Modeling. In Handbook of Market Research (pp. 1–40). Springer International Publishing. https://doi.org/10.1007/978-3-319-05542-8_15-1

Sobaya, S., Hidayanto, M. F., & Safitri, J. (2016). Pengaruh Literasi Keuangan dan Lingkungan Sosial terhadap Perencanaan Keuangan Pegawai di Universitas Islam Indonesia Yogyakarta. MADANIA, 20(1), 115–128.

Sofa, R. N. S., & Mukhlisin, M. (2020). Analysis of Family Financial Management: Maqâshid Sharîa Approach. Journal of Islamic Economic Law, 4(2), 80–109.

Sundjaja, A. M. (2010). Perencanaan Keuangan untuk Mencapai Tujuan Finansial. ComTech, 1(1), 183–191.

Susanti, A., Ismunawan, Pardi, & Ardyan, E. (2017). Tingkat Pendidikan, Literasi Keuangan, dan Perencanaan Keuangan Terhadap Perilaku Keuangan UMKM di Surakarta. TELAAH BISNIS, 18(1), 45–56.

‘Ulumudiniati, M., & Asandimitra, N. (2022). Pengaruh Financial Literacy, Financial Self-Efficacy Locus of Control, Parental Income, dan Love of Money terhadap Financial Management Behavior: Lifestyle Sebagai Mediasi. Jurnal Ilmu Manajemen, 10(1), 51–67.

Vinzi, V. E., Chin, W. W., Henseler, J., & Wang, H. (2010). Handbook of Partial Least Squares: Concepts, Methods and Applications.

Widiawati, M. (2020). Pengaruh Literasi Keuangan, Locus of Control, Financial Self-Efficacy, dan Love of Money terhadap Manajemen Keuangan Pribadi. Prisma (Platform Riset Mahasiswa Akuntansi), 1(1), 97–108. https://ojs.stiesa.ac.id/index.php/prisma

##submission.downloads##

Diterbitkan

2024-03-16

Cara Mengutip

Muhammad Rizal Bakri, & Dina Diana. (2024). Determinant Analysis of Employee’s Interest in Making Personal Financial Planning. Proceedings of Femfest International Conference on Economics, Management, and Business, 2, 67–79. Diambil dari https://ejournal.unida.gontor.ac.id/index.php/FICCOMSS/article/view/11779

Terbitan

Vol 2 (2024): Proceedings of Femfest International Conference on Economics, Management, and Business

Bagian

Articles