The Effect of Financial Literacy, Attitudes Towards Money, and Financial Pressure on the Financial Well-being of Non-Profit Organization Workers in Indonesia

This study explores the influence of financial literacy, attitudes towards money, and financial pressures on the financial well-being of non-profit workers in Indonesia, an issue that is relevant given the high social activity but lack of attention to the financial well-being of workers, especially with the majority of them being low-income. Using the purposive sampling method on 108 respondents from various regions in Indonesia, the study's findings showed that financial literacy had a significant positive influence on financial well-being. In contrast, attitudes towards money had no significant effect. On the other hand, financial stress significantly negatively influences the financial well-being of workers of nonprofit organizations. These results emphasize the importance of efforts to improve financial literacy and pay attention to financial pressures in improving the financial well-being of non-profit workers in Indonesia.

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Publication Details

Journal
Jurnal Indonesia Sosial Sains
Published
2024-09-28
DOI
https://doi.org/10.59141/jiss.v5i09.1290
Primary Topic
Financial Literacy and Behavior
Type
article
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article

The Effect of Financial Literacy, Attitudes Towards Money, and Financial Pressure on the Financial Well-being of Non-Profit Organization Workers in Indonesia

Zaenal Arifin, Firda Inten Rasyidah
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Jurnal Indonesia Sosial Sains
Financial Literacy and Behavior
article

The Effect of Financial Literacy, Attitudes Towards Money, and Financial Pressure on the Financial Well-being of Non-Profit Organization Workers in Indonesia

Zaenal Arifin, Firda Inten Rasyidah
article en

Abstract

This study explores the influence of financial literacy, attitudes towards money, and financial pressures on the financial well-being of non-profit workers in Indonesia, an issue that is relevant given the high social activity but lack of attention to the financial well-being of workers, especially with the majority of them being low-income. Using the purposive sampling method on 108 respondents from various regions in Indonesia, the study's findings showed that financial literacy had a significant positive influence on financial well-being. In contrast, attitudes towards money had no significant effect. On the other hand, financial stress significantly negatively influences the financial well-being of workers of nonprofit organizations. These results emphasize the importance of efforts to improve financial literacy and pay attention to financial pressures in improving the financial well-being of non-profit workers in Indonesia.

Jurnal Indonesia Sosial SainsVol. 5(09)
Islamic University of Indonesia (ID)
Openalex Percentile: Top 72%
Financial Literacy and Behavior
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The Effect of Financial Literacy, Attitudes Towards Money, and Financial Pressure on the Financial Well-being of Non-Profit Organization Workers in Indonesia — Zaenal Arifin, Firda Inten Rasyidah · Jurnal Indonesia Sosial Sains (2024) | TGRS Research Map | TGRS