THE EFFECT OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE ON FINANCIAL MANAGEMENT BEHAVIOUR AND FINANCIAL SATISFACTION (A CASE OF MARRIED INDIVIDUALS AT KELURAHAN SEPANJANG JAYA – BEKASI, 2015)

Abstract

Finance aspect is one of the most important things in a family in order to develop their life everyday. However, the heads of family, husband and wife should be able to manage the stability and development of family’s financial with a purpose to acquire financial satisfaction. Inspired by the developed previous research (Parrotta & Johnson, 1998), this research examined the effect of financial literacy and financial attitudes on financial management behaviour and financial satisfaction in samples of married individuals with study case in Kelurahan Sepanjang Jaya, Bekasi. Financial literacy, financial attitudes were examined as independent variable. Financial management behaviour became the mediator variable; as independent but also dependent variable. Financial satisfaction will examined as dependent variable. The sample was 200 respondents married individuals by using non-probability sampling. The result shows financial literacy was the most influencing variable toward financial management behaviour; also financial management behaviour was the most influencing variable toward financial satisfaction. Researcher recommends to put more attention to all independent variables and learn to manage well in order to achieve financial satisfaction.