Study Financial Behavior Among Lecturers at Universidade da Paz (UNPAZ)
DOI:
https://doi.org/10.52909/jbemk.v4i2.182Keywords:
Financaial Behavior, Financial Literacy, Financial Self-Efficay, Financial ExperienceAbstract
Purpose: This study aims to explain the direct and indirect effects of financial experience on the financial behaviour of lecturers at Universidade da Paz (UNPAZ). Methods: The study employed a quantitative approach with data collected through questionnaires. The sample consisted of 101 lecturers from DaPaz University, Timor Leste. The observed variables include: financial behavior as the dependent variable and financial experience as the independent variable and financial self-efficacy as the mediating variable. Analysis was conducted using Structural Equation Modelling—Partial Least Squares (SEM-PLS) through the WARP-PLS 8 applicatio Results: These findings show that financial experience has a direct and indirect influence on financial behavior. In addition, financial self-efficacy acts as a mediator in the relationship between financial experience and financial behavior. These results can be explained that self-confidence is indispensable for improving financial behavior. Implications : To improve financial behavior, Unpaz lecturers need to improve their financial experience and self-efficacy. Future researchers are suggested to add other variables, such as financial knowledge, financial education in the family and others so that the financial behavior model obtained is more comprehensive. Additional materials: There are fourteen references, four tables, one figure, one appendix in the paper.
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