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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-03-22  |  Accepted: 2020-07-08  |  Published: 2020-09-30

Title

Financial literacy in the COVID-19 pandemic: pressure conditions in Indonesia


Abstract

The COVID-19 (novel coronavirus disease 2019) has become a worldwide disaster. This pandemic not only affected the world economy but also the family economy. Good financial literacy will help individuals avoid financial problems, especially during the COVID-19 pandemic. Financial literacy can facilitate individuals to manage their income well even in demanding situations. This study aims to analyse how financial literacy helps in the depression condition of the COVID-19 pandemic. This study takes a sample of 396 household heads. This study uses partial least square (PLS) analysis to analyse the data. Results show that all financial attitudes, behaviour and literacy variables positively affect financial literacy and wellbeing. The implication of this research is that financial literacy, which is reflected by financial attitudes and behaviour plays a key role in public financial welfare.


Keywords

financial literacy, financial attitude, financial behaviour, financial wellbeing, a case study


JEL classifications

G41


URI

http://jssidoi.org/jesi/article/659


DOI


Pages

884-898


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Yuesti, Anik
Mahasaraswati University of Denpasar, Denpasar, Indonesia https://unmas.ac.id
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Rustiarini, Ni Wayan
Mahasaraswati University of Denpasar, Denpasar, Indonesia https://unmas.ac.id
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Suryandari, Ni Nyoman Ayu
Mahasaraswati University of Denpasar, Denpasar, Indonesia https://unmas.ac.id
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

1


Issue date

September 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References