Effects of Age, Gender and Education Level on Financial Literacy Level (Study of Vocational School Teachers in Padang City)

Abstract

This research is motivated by the low financial literacy in Indonesia.The research objective was to determine the factors that affect the level of financial literacy.The research subjects were teachers of productive majors at SMK in Padang City.Productive teacher financial literacy was measured by a questionnaire.The Feasibility Test of the Regression Model is determined by the Hosmer and Lemeshow's Goodness of Fit Test, Overall Model Fit.The research hypothesis was tested using binary logistic regression.The results showed that: gender factors, age, had a significant effect on financial literacy, while the level of education did not affect the financial literacy of teachers in productive majors in SMK Se Padang City.