Linking demographic factors with family financial management competence and community lifestyle

Aisyah, Esy Nur (2024) Linking demographic factors with family financial management competence and community lifestyle. Asian Journal of Economics, Business and Accounting, 7 (24). pp. 578-587. ISSN 2456-639X

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Abstract

Financial issues often arise in families due to debts and receivables, limited purchasing power, and an imbalance between expenses and income. This research examines family income, financial management competence, and people's lifestyles after the pandemic. We used an accidental sampling technique to collect data from 160 wives in Malang. The correlation test results show that education level and employment status positively correlate with family income. Furthermore, there is a positive correlation between management competency and lifestyle. The multivariate test shows that family income and education level influence financial management competence and lifestyle. We expect a wife to have strong financial management skills to manage family finances and enhance family welfare effectively.

Item Type:	Journal Article
Keywords:	Household; demographic factors; financial management competence; lifestyle; Indonesia
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management
Divisions:	Faculty of Economics > Department of Islamic Banking
Depositing User:	Esy Nur Aisyah
Date Deposited:	26 Jul 2024 08:48

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