Pengaruh Financial Knowledge terhadap Financial Behavior Dimediasi oleh Fanancial Attitude dan Financial Self Efficacy pada Pelaku Umkm Kota Medan Dimasa Pandemi Covid-19

Abstract

Do not have future financial planning and it is very rare to find UMKM actors in the Medan Tembung sub-district who make a budget for their needs or just record financial expenditures. The purpose of this study was to examine and analyze the effect of financial knowledge on financial behavior mediated by financial attitude and financial self-efficacy directly or indirectly. The approach used in this study is a causal approach. The population in this study were all UMKM actors in the Medan Tembung sub-district who were registered at the Office of Cooperatives for Micro, Small and Medium Enterprises in the city of Medan as many as 95 UMKM actors. The sample in this study was the saturated sample method where all members of the population were sampled as many as 95 UMKM actors. Data collection techniques in this study used documentation, observation, and questionnaire techniques. The data analysis technique in this study uses a quantitative approach using statistical analysis using the Outer Model Analysis test, Inner Model Analysis, and Hypothesis Testing. Data processing in this study using the PLS (Partial Least Square) software program. The results showed that directly Financial knowledge, Financial attitude, Financial self-efficacy had a positive and significant effect on financial behavior, Financial knowledge, Financial attitude, had a positive and significant effect on Financial self-efficacy, Indirectly Financial knowledge had a positive and significant effect on financial behavior. mediated by financial attitude and financial knowledge has a positive and significant effect on financial behavior mediated by financial self-efficacy.