Socio-Economic Factors, Islamic Financial Literacy and Personal Financial Management in University Lecturers in Indonesia

Abstract

The research objectives are: 1) To empirically test whether socio-economic factors consist of gender, age, education level, domicile, monthly expenditure, and marital status affect personal financial management, 2) To empirically test whether Islamic financial literacy consists of financial knowledge (financial knowledge), financial behavior (financial behavior) and financial attitudes (financial attitude) affect personal financial management, 3) To empirically test whether Islamic financial literacy moderates the relationship between socio-economic factors consisting of gender, age, education level, domicile, monthly expenditure, and marital status on personal financial management,4) To empirically test whether there are differences in Islamic financial literacy for lecturers who work at Public Universities and Islamic Religious Universities in Indonesia. So Islamic financial literacy is able to improve the relationship between socioeconomic factors and personal financial management, h) There is no significant difference between lecturers at public universities and state Islamic religious universities. In terms of financial knowledge, general university lecturers are slightly superior to PTKI lecturers, from financial behavior PTKI lecturers are slightly superior to PTU lecturers and from the aspect of financial attitude PTKI lecturers occupy a very good position while PTU lecturers occupy a good position.