Authors:
Nuryasman M.N.
and
Vincent
Affiliation:
Universitas Tarumanagara, Indonesia
Keyword(s):
Financial Literacy, Financial Inclusion and Logistic Regression.
Abstract:
This study was conducted with the aim to find out the impact of financial literacy and financial inclusion on students of the Faculty of Economics, Tarumanagara University. Sampling method was done by stratified random sampling using questionnaire with 472 respondents. Meanwhile, the data analysis technique used is logistic regression analysis, with z-statistic test, F-test, and McFadden R-Square. The results of hypothesis testing show that age has a significant influence on financial literacy, while gender, education, investment experience, academic ability, and residence status have no significant effect on financial literacy. Other findings are financial literacy and income have a significant effect on financial inclusiveness, while financial information sources, distance to banks, and ownership of vehicles have no significant effect.