Muhammad Hasan, Asriani, Muhammad Ihsan Said Ahmad, Tuti Supatminingsih, Muhammad Dinar, Masnawaty Sangkala, Abd. Rahim, Sitti Hajerah Hasyim, Hariany Idris
The development of the globalization era has driven economic progress across countries, which impacts how individuals manage their finances to achieve financial well-being. Mediated by financial literacy and locus of control, this study aims to investigate the relationship between family financial education and financial technology with the financial management behavior of Generation Z. This study uses a quantitative approach. Data were obtained from 700 Generation Z student respondents who were determined using the proportional stratified random sampling technique. The analysis in this study used structural equation modeling with partial least squares (SEM-PLS). By combining the theory of planned behavior and the technology acceptance model, this study successfully found that financial literacy and locus of control were able to become mediating variables in the influence of family financial education and financial technology on financial management behavior in Generation Z. The results of the study showed that financial literacy was a more significant component in mediating the relationship between the factors studied. The government, leaders of educational institutions, and related policymakers are expected to help optimize the curriculum and access to financial learning for Generation Z that is integrated with financial education in the family. © 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
Department of Economics Education, Faculty of Economics and Business, Universitas Negeri Makassar, South Sulawesi, Makassar, Indonesia; Department of Accounting, Faculty of Economics and Business, Universitas Negeri Makassar, South Sulawesi, Makassar, Indonesia; Department of Economic Development, Faculty of Economics and Business, Universitas Negeri Makassar, South Sulawesi, Makassar, Indonesia; Department of Entrepreneurship, Faculty of Economics and Business, Universitas Negeri Makassar, South Sulawesi, Makassar, Indonesia
