The Influence Of The Level Of Financial Literacy On The Financial Management Of Micro, Small And Medium Enterprises (Msmes) Case Study Of Baebunta Village, Baebunta District (Tourist Village)

Abstract

This research aims to determine the influence of the level of financial literacy on the financial management of Small Micro and Medium Enterprises (MSMEs) in the case study of Baebunta Village, Baebunta District (Tourism Village). This research uses quantitative methods using primary data by distributing questionnaires directly to MSME actors in Baebunta village. The population in this research is MSME actors located in Baebunta village. This sampling technique uses a saturation technique. The sample in this study was 81 people with an error rate of 5%. Data analysis in this research uses simple linear regression analysis and data processing uses the SPSS application. The scale used to evaluate the performance of the dependent variable in this study uses systematic differential. The results of this research show that the influence of the level of financial literacy has a positive and significant effect on the financial management of MSMEs in Baebunta village. This result can be seen from the probability value, namely 0.000 < 0.05 with a calculated t value of 3.895 > t table 1.99045. This shows that the influence of financial literacy is a determining factor in managing the finances of MSMEs in Baebunta village