The Effect of Financial Literacy, Financial Inclusion, Peers and Pocket Money on Student Saving Behaviour at Universities in Yogyakarta

Abstract

One of the good qualities that students should have is to get used to being frugal by saving. This study aims to analyze the factors that influence saving behavior. The factors that are thought to influence the saving behavior of students to be studied are financial literacy, financial inclusion, peers and pocket money. The population in this study were students of private universities in Yogyakarta. Samples were taken by purposive sampling of 100 students from various private universities. Collecting data using a questionnaire that is distributed online using a google form. The analytical technique used to test the hypothesis is the multiple regression method which is processed with the SPSS version 25 data processing program. The results show that (1) financial literacy has a significant effect on the saving behavior of private university students in Yogyakarta, (2) financial inclusion has a significant effect on significant effect on the saving behavior of private university students in Yogyakarta, (3) peers significantly influence the saving behavior of private university students in Yogyakarta, and (4) pocket money significantly affects the saving behavior of private university students in Yogyakarta