{"id":17669,"date":"2022-10-01T13:17:07","date_gmt":"2022-10-01T10:17:07","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=17669"},"modified":"2022-10-01T12:30:27","modified_gmt":"2022-10-01T09:30:27","slug":"the-influence-of-financial-literacy","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/the-influence-of-financial-literacy\/","title":{"rendered":"Yuliani, Muhammad Kms Husni Thanrin, Farida Aprilia The influence of financial literacy, financial experiences on investment planning behavior"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification<\/strong>:G01; G11.
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V34(2022)-17<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Yuliani, <\/strong>Doctor of Financial Management, Faculty of Economics, Sriwijaya University, Palembang<\/p>\n

ORCID ID:<\/strong> 0000-0002-8201-8428<\/a>
\ne-mail: <\/strong>yulianisyapril@unsri.ac.id<\/a><\/p>\n

Muhammad Kms Husni Thanrin, <\/strong>Doctor of Financial Management, Faculty of Economics, Sriwijaya University, Palembang<\/p>\n

ORCID ID:<\/strong> 0000-0002-2907-106X<\/a>
\ne-mail: <\/strong>kemasmuhammadhusnithamrin@fe.unsri.ac.id<\/a><\/p>\n

Farida Aprilia, <\/strong>postgraduate student of the Faculty of Economics, Sriwijaya University, Palembang<\/p>\n

ORCID ID:<\/strong> 0000-0002-5892-0243<\/a>
\ne-mail: <\/strong>maklanjar1209@gmail.com<\/a><\/p>\n

 <\/p>\n

The Influence of Financial Literacy, Financial Experiences on Investment Planning Behavior<\/strong><\/h2>\n

\u00a0\u00a0<\/strong><\/p>\n

Abstract. Introduction<\/strong>. Investment planning is an important aspect of financial management, where investment is defined as the use of capital to make money, either through income-generating ways or through riskier enterprises aimed to generate profits. Financial Experiences play an essential role in financial practice, which is the process by which civil servants gain experience through experiences that are sensed individually as a result of environmental stimuli and impart a particular impression. Financial Experiences have a good link with investment planning, Financial Experiences that have a significant and positive impact can encourage civil servants to start paying more attention to their financial experience, allowing them to plan future investments with greater care.<\/p>\n

Purpose.<\/strong> This research aims to investigate the direct effect of financial literacy and financial experience on investment planning behavior, as well as the indirect effect of financial literacy and financial experience on investment planning behavior, via self-control as an intervening variable, among civil servants in the Palembang City Government Regional Secretariat. Using a sample of 200 civil servants from the Regional Secretariat of Palembang City.<\/p>\n

Results.<\/strong> Financial Literacy has an effect on self-control, as shown by the results of a data analysis. A positive estimate value indicates that the effect is positive. Financial Experiences have an effect on self-control. Financial Literacy influences the behavior of Palembang City Regional Secretariat Civil Servant investment planning.<\/p>\n

Conclusions.<\/strong> This study concludes that financial literacy and financial experience have a positive influence on self-control and investment planning behavior, and that financial literacy and financial experience can be mediated by self-control.<\/p>\n

Keywords:<\/strong> investment planning; financial literacy; financial experiences and self control.<\/p>\n

References:<\/strong><\/p>\n

    \n
  1. (2011). Analisis Faktor-Faktor yang Mempengaruhi Independensi Penampilan Akuntan Publik. Jurnal Dinamika Akuntansi, 90\u2013100 [in Indonesian].<\/li>\n
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  4. Cude et al. (2006). College Students and Financial Literacy: What They Know and What We Need to Learn. Proceedings of the Eastern Family Economics and Resource Management Association, Eastern Family Economics and Resource Management Association, 102\u2013109 [in English].<\/li>\n
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  8. (2005). Psychology Of Investing, Edisi Kedua. New Jersey: Preentice- Hall Inc., 52 [in English].<\/li>\n
  9. Pine II & Gilmore. (1998). Welcome to the experience economy. Harvard Business Review, 97\u2013106 [in English].<\/li>\n
  10. (2011). Manajemen Keuangan Perusahaan: Teori dan Praktik. Penerbit Erlangga [in Indonesian].<\/li>\n
  11. Sutha, I. P. G. (2000). Menuju Pasar Modal Modern. Yayasan SAD Satria Bhakti [in Indonesian].<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 30 July 2022<\/p>\n

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    Yuliani, Muhammad Kms Husni Thanrin, Farida Aprilia (2022). The influence of financial literacy, financial experiences on investment planning behavior. Modern Economics, 34(2022), 122-131. DOI: https:\/\/doi.org\/10.31521\/modecon.V34(2022)-17.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification:G01; G11. DOI: https:\/\/doi.org\/10.31521\/modecon.V34(2022)-17 [\/vc_column_text][vc_column_text]Yuliani, Doctor of Financial Management, Faculty of Economics, Sriwijaya University, Palembang ORCID ID: 0000-0002-8201-8428 e-mail: yulianisyapril@unsri.ac.id Muhammad Kms Husni Thanrin, Doctor of Financial Management, Faculty of Economics, Sriwijaya University, Palembang ORCID ID: 0000-0002-2907-106X e-mail: kemasmuhammadhusnithamrin@fe.unsri.ac.id Farida Aprilia, postgraduate student of the Faculty of Economics, Sriwijaya University, Palembang ORCID ID:
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