Exploring Financial Resilience in Lampung Province: The Effect of Digital Financial Literacy, Numeracy Skills, and Financial Behavior on Youth

Abstract

The unstable global economy, financial challenges, and limited research on financial preparedness in emergencies have made the topic of financial resilience a key topic among researchers, especially for generations Y and Z. This study examines the impact of digital financial literacy, numeracy skills, and financial behavior on financial resilience in Generation Y and Z in Lampung Province. This research is explanatory with a quantitative approach. Data analysis used multiple linear regression techniques. The sample was 100 Generation Y and Z in Lampung Province. The outcome of the examination revealed that partially, digital financial literacy and numeracy skills do not have a substantial effect on financial resilience. However, financial behavior has a substantial impact on financial resilience. Simultaneously, digital financial literacy, numeracy skills, and financial behavior have a significant effect on the financial resilience of Generation Y and Z in Lampung Province.