Abstract:
The saving behavior in the community is relatively low due to lack of self-control attitude and
understanding of financial literacy. This research aims to find out the effect of self-control through
financial literacy on community saving behavior in Karanganyar. The current research employed a
quantitative method with Structural Equation Modeling Partial Least Square (SEM-PLS) analysis.
The samples in this research were 150 respondents in Karanganyar Regency, Central Java, Indonesia.
The results of the study show that 1) financial literacy has a positive and significant effect on saving
behavior 0,553 and statistical t-value 9,937; 2) self-control has a positive and significant influence on
financial literacy 0,653 and a statistical t value of 13,180; 3) self-control has a positive and
significant influence on saving behavior 0,298 and the t-value of statistics 4,996. Therefore, it can be
concluded that increasing saving behavior in the community must be supported by self-control
attitude and understanding of financial literacy. |
