The Influence Of Financial Stressors, Financial Behavior, Risk Tolerance, Financial Solvency, And Financial Knowledge On Financial Satisfaction Of Working Age Population

Abstract

Financial satisfaction is the ultimate goal of individuals who work hard and manage their finance. Working-age is the time when individuals are considered able to work and earn, yet they tend to fail to meet the expected financial satisfaction due to several factors. This research aims to test the influence of financial stressors, financial behavior, risk tolerance, financial solvency, financial knowledge on financial satisfaction. This research includes all important variables (financial stressors, risk tolerance, and financial solvency) that can determine financial satisfaction. The participants in this research were 100 respondents, selected by convenience sampling, from the working-age population in Jakarta, the capital city of Indonesia, who gave the biggest contribution to the economy. The data were analyzed by using multiple linear regression analysis. The findings show that financial stressors, financial behavior, risk tolerance, financial solvency, and financial knowledge simultaneously had a significant influence on financial satisfaction. Partially, only risk tolerance and financial knowledge variables affect financial satisfaction. The findings imply that the working-age population should manage financial stressors, financial behavior, risk tolerance, financial solvency, and financial knowledge properly to improve financial satisfaction reflecting financial welfare.Financial Satisfaction merupakan dambaan setiap individu dalam menjalani kehidupan atas hasil kerja keras dan perilaku pengaturan keuangan yang dilakukan. Usia produktif merupakan usia dimana seseorang dianggap mampu bekerja dan berpenghasilan, namun terkadang tidak mencapai tingkat kepuasan keuangan sesuai harapan yang disebabkan oleh beberapa faktor. Tujuan penelitian ini bertujuan untuk menguji pengaruh variabel Financial Stressor, Financial Behavior, Risk Tolerance, Financial Solvency, Financial Knowledge terhadap Financial Satisfaction. Penelitian ini memiliki variabel yang sangat lengkap (financial stressors, risk tolerance, dan financial solvency) sebagai penentu financial satisfaction khususnya pada usia produktif. Penelitian ini di lakukan pada 100 responden penduduk usia produktif di ibu kota Indonesia yaitu Jakarta, sebagai kota dengan penyumbang perekonomian terbesar di Indonesia. Teknik pengambilan sampling menggunakan comvinience sampling. Teknik analisis data yang digunakan adalah analisis linier berganda. Penelitian ini memberikan kesimpulan bahwa Financial Stressor, Financial Behavior, Risk Tolerance, Financial Solvency, Financial Knowledge secara simultan berpengaruh signifikan terhadap terhadap financial Satisfaction. Sedangkan secara parsial, hanya variabel Risk Tolerance dan Financial knowledge yang berpengaruh terhadap financial satisfaction. Penelitian ini memberikan implikasi bahwa penduduk usia produktif harus dapat mengelola financial stressor, Financial Behavior, Risk Tolerance, Financial Solvency, Financial Knowledge secara baik sehingga dapat meningkatkan Financial statisfaction sebagai cerminan kesejahteraan dan kebahagiaan keuangan.