PENGARUH TEKNOLOGI FINANSIAL DAN GAYA HIDUP HEDONISME TERHADAP PERILAKU KEUANGAN DIMEDIASI LOCUS OF CONTROL

Rima Ayu Lestari  Setiawan; Khuzaini Khuzaini

Rima Ayu Lestari Setiawan Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya
Khuzaini Khuzaini Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya

Keywords: financial technology, hedonism lifestyle, locus of control, and financial behavior

Abstract

This research examines the direct effect of Financial Technology and Hedonism lifestyle on the financial behavior of the Y Generation in Surabaya. It also examines the indirect effect of Financial Technology and Hedonism lifestyle on the financial behavior that was mediated by Locus of Control. The research applies quantitatively. Furthermore, the population comprises the Y Generation in Surabaya who use financial technology applications. As it is an infinite population, samples are measured by the Lemeshow formula. In line with that, 100 respondents were taken as samples. Moreover, the data collection technique used was non-probability sampling. The data analysis technique used was Partial Least Squares (PLS) with SmartPLS 3.0. The result indicates that Financial Technology has a positive but insignificant effect on financial behavior. However, the Hedonism lifestyle has a positive and significant effect on financial behavior. Additionally, Technology Financial has a positive and significant effect on Locus of Control. Meanwhile, the Hedonism lifestyle has a negative and significant effect on Locus of Control. In addition, Locus of Control has a positive and significant effect on financial behavior. Similarly, Financial Technology has a positive and significant effect on financial behavior, which was mediated by Locus of Control. In contrast, the Hedonism lifestyle has a negative and insignificant effect on financial behavior, which was mediated by Locus of Control.