Mediation Role of Financial Attitude on The Influence of Financial Knowledge on Financial Behavior

Abstract

This study aims to determine the effect of financial knowledge on financial behavior through financial attitudes as a mediating variable to students at the Faculty of Economics and Business Universitas Muhammadiyah Sumatera Utara. This research belongs to the type of associative research with data collection techniques through questionnaires (questionnaires) distributed to students. The population in this study amounted to 3,594 students from the Faculty of Economics and Business at the Universitas Muhammadiyah Sumatera Utara and the sample taken was 98 students from the Universitas Muhammadiyah Sumatera Utara by taking the sample using the Slovin formula. The analytical method used is the path analysis model. The data processing method uses the Sempls application. Based on the results of the Sempls, the results obtained in the study indicate that financial knowledge has no significant effect on financial behavior in students at the Faculty of Economics and Business Universitas Muhammadiyah Sumatera Utara, financial knowledge has a significant effect on financial attitudes in students of Faculty of Economics and Business Universitas Muhammadiyah Sumatera Utara, Financial attitudes have a significant effect on financial behavior in students of Faculty of Economics and Business Universitas Muhammadiyah Sumatera Utara, and financial knowledge has no significant effect on financial behavior with financial attitudes as a mediating variable on students of Faculty of Economics and Business Universitas Muhammadiyah Sumatera Utara.