The Effect of Financial Literacy on University Student Consumptive Behavior: Case Study on the Economic Faculty of Sriwijaya University

DOI

10.2991/aebmr.k.200520.019How to use a DOI?

Keywords

Islamic, financial, literacy, student, consumptive, behavior

Abstract

The purpose of this study was to examine the effect of financial literacy levels on university student consumptive behavior. The definition of financial literacy variable is to have knowledge and beliefs about financial service institutions and financial service products, including features, benefits and risks, rights, and obligations related to financial products and services. The variable of consumptive behavior is excessive, irrational purchase of goods and services and the aim of increasing social status. The data used are primary data collected through the distribution of questionnaires among students of the Faculty of Economics, Sriwijaya University. The results found that financial literacy did not affect the consumptive behavior of university students. The consumptive behavior of university students depends on the type of goods they like and can please them.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Umar Hamdan
AU  - Dian Eka
AU  - Samadi W. Bakar
AU  - Ahmad Syathiri
PY  - 2020
DA  - 2020/05/23
TI  - The Effect of Financial Literacy on University Student Consumptive Behavior: Case Study on the Economic Faculty of Sriwijaya University
BT  - Proceedings of the 5th Sriwijaya Economics, Accounting, and Business Conference (SEABC 2019)
PB  - Atlantis Press
SP  - 108
EP  - 113
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200520.019
DO  - 10.2991/aebmr.k.200520.019
ID  - Hamdan2020
ER  -