Influence Income, Financial Knowledge and Culture on Financial Management Behavior (Case Study: Permanent Civil Servants in District Baucau, Ermera, Dili, and Bobonaro, Timor-Leste)
Keywords:
Income, financial knowledge, culture and financial management behavior
Abstract
The purpose of this research is to examine whether these factors affect the financial management behavior of permanent civil servants Timor-Leste. The sample selection technique in this study is accidental sampling. The sample used in this study is 396 respondents, obtained through questionnaires. This study used Smart-PLS 4.0 software to process the data. The results of the analysis showed that income, financial knowledge, and culture have a positive influence on the financial management behavior of permanent civil servants Timor-Leste.
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References
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Andriyani, L. I. R. And Cipta, W. (2022) ‘Pengaruh Financial Knowledge Dan Income Melalui Locus Of Control Terhadap Financial Management Behavior’, Jurnal Ilmiah Akuntansi Dan Humanika, Vol. 13 No. 1, April 2023 ISSN: 2599-2651, 13(1), P. 1141. Doi: 10.24843/EEB.2022.V11.I09.P11.
Arista, F. D. (2022). Pengaruh Financial Literacy, Income, Dan Lifestyle Terhadap Financial Management Behavior (Studi Pada Karyawan Pt. Lucky Textile Semarang 2)’, Braz Dent J., 33(1), Pp. 1–12.
Belo, T. F., Freitas, J. R., Monteiro, A. L., Djo, L. M. K., & Marques, D. L. (2023). The Impact Of Dollarization On Consumption And Savings Behavior In Dili Timor-Leste (Case Study: Permanent Civil Servants). Timor Leste Journal of Business And Management, 5(1), 32–48. Https://Doi.Org/10.51703/Bm.V5i0.116
Freitas Belo, T., Monteiro, A. L., Evy, M., Da Silva, M. D., Pereira, E. F., Domingos Correia Boavida, N., & Ximenes, E. F. (2024). The Role Of Financial Literacy In Mediating The Relationship Between Inflation, Income Inequality And Saving Behavior In Dili-Timor-Leste (Case Study: Public And Private Sectors). Journal Of Business And Management, 6(1), 15–28. Https://Tljbm.Org/ Jurnal/Index.Php/Tljbm
Brilianti, T. R. And Lutfi, L. (2020) ‘Pengaruh Pendapatan, Pengalaman Keuangan Dan Pengetahuan Keuangan Terhadap Perilaku Keuangan Keluarga Di Kota Madiun’, Journal Of Business And Banking, 9(2), P. 197. Doi: 10.14414/Jbb.V9i2.1762.
Budiono, E. (2020) ‘Analisis Financial Knowledge, Financial Attitude, Income, Locus Of Control’, Financial Management Behavior, 8(2016), Pp. 284–295.
Edeh, E., Lo, W.-J. And Khojasteh, J. (2023) Review Of Partial Least Squares Structural Equation Modeling (PLS-SEM) Using R: A Workbook, Structural Equation Modeling: A Multidisciplinary Journal. Doi: 10.1080/10705511.2022.2108813.
Firli, A. And Hidayati, N. (2021) ‘The Influence Of Financial Knowledge, Financial Attitude, And Personality Towards Financial Management Behavior On Productive Age Population’, Review Of Integrative Business And Economics Research, 10(3), Pp. 43–55.
Hair, J. Et Al. (2017) ‘An Updated And Expanded Assessment Of PLS-SEM In Information Systems Research’, Industrial Management And Data Systems, 117(3), Pp. 442–458. Doi: 10.1108/IMDS-04-2016-0130.
Halim, M. A. And Setyawan, I. R. (2021) ‘Determinant Factors Of Financial Management Behavior Among People In Jakarta During COVID-19 Pandemic’, Proceedings Of The International Conference On Economics, Business, Social, And Humanities (ICEBSH 2021), 570(Icebsh), Pp. 131–136. Doi: 10.2991/Assehr.K.210805.021.
Hilgert, R. K. And Luttrell, M. (2023) ‘Investigating The Impact Of Financial Literacy And Income On Financial Behaviors Among Millennials’, Indonesia Accounting Research Journal, 11(1), Pp. 37–50. Available At: Http://Journals.Iarn.Or.Id/Index.Php/Accounting/Article/View/211%0Ahttps://Journals.Iarn.Or.Id/Index.Php/Accounting/Article/Download/211/146.
Hofstede, G. And Bond, M. H. (1984) ‘Hofstede’s Culture Dimensions: An Independent Validation Using Rokeach’s Value Survey’, Journal Of Cross-Cultural Psychology, 15(4), Pp. 417–433. Doi: 10.1177/0022002184015004003.
Husna, N. A. And Lutfi, L. (2021) ‘Perilaku Pengelolaan Keuangan Keluarga: Peran Moderasi Pendapatan’, Jurnal Samudra Ekonomi Dan Bisnis, 13(1), Pp. 15–27. Doi: 10.33059/Jseb.V13i1.3349.
Jennifer, J. And Widoatmodjo, S. (2023) ‘The Influence Of Financial Knowledge, Financial Literacy, And Financial Technology On Financial Management Behavior Among Young Adults’, International Journal Of Application On Economics And Business, 1(1), Pp. 344–353. Doi: 10.24912/Ijaeb.V1i1.344-353.
Kholilah, N. Al And Iramani, R. (2013) ‘Studi Financial Management Behavior Pada Masyarakat Surabaya’, Journal Of Business And Banking, 3(1), P. 69. Doi: 10.14414/Jbb.V3i1.255.
Nisa, F. K. And Haryono, N. A. (2022) ‘Pengaruh Financial Knowledge, Financial Attitude, Financial Self Efficacy, Income, Locus Of Control, Dan Lifestyle Terhadap Financial Management Behavior Generasi Z Di Kota Surabaya’, Jurnal Ilmu Manajemen, 10(1), Pp. 82–97. Doi: 10.26740/Jim.V10n1.P82-97.
Nordin, H. N. M. Et Al. (2022) ‘FACTORS INFLUENCING FINANCIAL MANAGEMENT BEHAVIOUR AMONG UNIVERSITY STUDENTS’, Seybold Report 17(12), 2019-2032, 2022., 7(2), Pp. 74–87.
Nugrohoa, N. S. And Panuntun, B. (2022) ‘Pengaruh Financial Knowledge, Financial Skills, Dan Income Terhadap Financial Management Behavior Generasi Z’, Jurnal Ilmu Manajemen, 10(01), Pp. 489–501.
Nusron, Lulu Amalia, M. W. And Budiarto, D. S. (2018) ‘Antecedent Factors Of Financial Management Behavior: An Empirical Research Based On Education’, Kne Social Sciences, 3(10), P. 437. Doi: 10.18502/Kss.V3i10.3146.
Opoku-Okuampa, I. Y. (2024) ‘The Influence Of Cultural Factors On Financial Decision-Making In Ghana’, Sciencepg, 10(Issue 6, December 2024), Pp. 118–125. Doi: 10.11648/J.Ijfbr.20241006.12.
Palmer, L. (2007) Developing Timor-Leste: The Role Of Custom And Tradition.
Pandey, P. And Pandey, M. M. (2015) Research Methodology: Tools And Techniques. Romania.
Perry, V. G. And Morris, M. D. (2005) ‘Who Is In Control ? The Role Of Self-Perception , Knowledge , And Income In Explaining Consumer Financial Behavior’, The Journal Of Consumer Affairs, 39(2), Pp. 299–313.
Purwanto, S., Fathihani, F. And Purnama, Y. H. (2023) ‘Analysis Factors Influencing Financial Management Behavior’, Dinasti International Journal Of Economics, Finance & Accounting, 4(3), Pp. 416–424. Doi: 10.38035/Dijefa.V4i3.1948.
Ratnawati, T., Nugroho, M., Soare, J., Gusmao, C., Riyani, D., Rumaratu, F. R. K., Loe, D. B., & Barbosa, F. N. B. (2023).
Analysis Of Household Financial Behavior In Indonesia And Timor Leste. International Journal Of Social Science Humanity & Management Research, 2(12), 1169–1181. Https://Doi.Org/10.58806/Ijsshmr.2023.V2i12n05
Robinson, Alex & Johnson, F. K. (2021) ‘Spotlight Initiative To Eliminate Violence Against Women & Girls In Timor-Leste Social Norms Study Report’, (December).
Syakhrani, A. W. And Kamil, M. L. (2022) ‘Budaya Dan Kebudayaan: Tinjauan Dari Berbagai Pakar, Wujud-Wujud Kebudayaan, 7 Unsur Kebudayaan Yang Bersifat Universal’, Journal Form Of Culture, 5(1), Pp. 1–10.
Tejada, J. J. And Punzalan, J. R. B. (2012) ‘On The Misuse Of Slovin ’ S Formula’, The Philippine Statistician Vol. 61, No. 1 (2012), Pp. 129-136, 61(1), Pp. 129–136.
Tjahyadi, I., Andayani, S. And Wafa, H. (2020) Pengantar Teori Dan Metode Penelitian Budaya. Available At: Http://Repository.Upm.Ac.Id/1591/1/PCX - Report Pengantr DAN Metode _18 PERSEN.Pdf.
United Nations Capital Development Fund (2023) ‘Assessing Digital And Financial Literacy In Timor-Leste’. Available At: Https://Www.Uncdf.Org/Article/8606/Assessing-Digital-And-Financial-Literacy-In-Timor-Leste-A-Survey-On-Knowledge-Skills-And-Access#:~:Text=The Government Of Timor-Leste,Strategy (2017-2022).
Varadarajah, M. (2020). Influence Of Demographic Factors On The Personal Financial Management Behavior Of Lower Income People In Batticaloa’, Vol-6 Issue-2 2020 IJARIIE-ISSN(O)-2395-4396, (2), Pp. 138–141. Doi: 10.32437/Sswswproceedings-2020.Aits.
Published
2025-10-02
How to Cite
Marques, D., Barreto, D., Seran, M., Freitas, J. and Marques, N. (2025) “Influence Income, Financial Knowledge and Culture on Financial Management Behavior (Case Study: Permanent Civil Servants in District Baucau, Ermera, Dili, and Bobonaro, Timor-Leste)”, Timor Leste Journal of Business and Management, 7, pp. 1-14. doi: 10.51703/bm.v7i0.208.
Section
Articles
Copyright (c) 2025 Timor Leste Journal of Business and Management
This work is licensed under a Creative Commons Attribution 4.0 International License.
