The effect of financial literacy on the personal financial management of housewives during the COVID-19 pandemic in Makassar city

Muliana 1, Andi Dyna Riana 2, *, Arfandi SN 3, Wiwin Anggriani Salawali 4, Oktovianus Sauw 5, Arianto Taliding 5, Meldilianus Nabas J. Lenas 5 and Intje Supriadi Indama 6

1 Department of Management, Faculty of Economics and Social Sciences, Fajar University of Makassar, Indonesia.
2 Department of Fisheries Agribusiness, Faculty of Fisheries, Cokroaminoto University of Makassar, Indonesia.
3 Department of Economics, Faculty of Sharia and Da'wah, IAIN Sorong, Indonesia.
4 Department of Economics, Faculty of Economics, Tompotika University, Luwuk Banggai, Indonesia.
5 Department of Management, STIM LPI Makassar, Indonesia.
6 Department of Government Science, Faculty of Social and Political Sciences, Tompotika University, Luwuk Banggai. Indonesia.
 
Research Article
International Journal of Science and Research Archive, 2023, 08(01), 853–860.
Article DOI: 10.30574/ijsra.2023.8.1.0153
Publication history: 
Received on 01 January 2023; revised on 08 February 2023; accepted on 11 February 2023
 
Abstract: 
The pandemic condition makes most housewives complain because of financial management problems. Financial literacy can help a person in managing household finances in times of crisis. This study aims to determine the influence of financial knowledge, financial behavior, and financial attitudes on the personal financial management of housewives in the city of Makassar. This research is quantitative research using descriptive analysis. The data used are primary data. The number of samples was 100 people with a purposive sampling approach. The results showed that financial knowledge partially had a negative and significant effect on personal financial management with a calculated t value of -2.298 < t table 1.984 and a significant value of 0.024 < 0.05. Financial behavior partially had a positive and significant effect on personal financial management with a calculated t value of 5.133 > t table 1.984 and a significant value of 0.000< 0.05. Financial attitudes partially have a positive and significant effect on personal financial management with a calculated t value of 2.951 > t table 1.984 and a significant value of 0.004 < 0.05. Financial knowledge, financial behavior, and financial attitudes simultaneously had a positive and significant effect on personal financial management with a calculated F value of 25,849 > F table 3.09 and a significant value of 0.000 < 0.05.
 
Keywords: 
Literacy; Financial; Management; COVID-19; Makassar
 
Full text article in PDF: 
 
Copyright information: 

Copyright © 2023 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0