The Effect of Lifestyle and Financial Literacy on Financial Management Young Workers

Abstract

Rapid changes in lifestyle mean that young workers are faced with effective financial management. Financial literacy and lifestyle play an important role in making financial decisions. This research aims to determine the lifestyle and financial literacy of young workers in managing finances, especially young workers in Palopo City. The population in the study was young workers. This research required 120 respondents in the city of Palopo. The method in this research uses quantitative methods. Data processing in this research used SPSS 26 software. The analysis techniques used in this research used validity tests, reliability tests, multiple linear regression tests, t tests, F tests, and coefficient of determination tests. The research results show that lifestyle has no effect on the financial management of young workers. Financial literacy has a positive and significant effect on financial management of young workers.