The impact of financial literacy, financial technology, social environment, and lifestyle on financial management

Purpose: This study aims to determine the influence of financial literacy, financial technology, social environment, and lifestyle on the financial management of college students. Methodology/approach: The research was conducted from July to December 2024. The population in this study were 246 students of the Management study program at Wiraraja University, class of 2021. The method used in this study was a quantitative method with 168 respondents. A questionnaire was used for data collection and distribution to research respondents. The analytical tool used is multiple linear regression. Findings: Most students have moderate financial literacy (68.5%), knowledge of fintech is moderate at 56.2%, and some are even high at 43.3%. The social environment around students tends to be moderate (64.0%). Meanwhile, most students have an ordinary lifestyle (70.8%). Most students' financial management is moderate (71.3%). Partially, financial literacy, social environment, and lifestyle significantly influence students' financial management. Meanwhile, fintech does not have a significant influence on student management. Practical and Theoretical contribution/Originality: Research on factors influencing financial management in the Sumenep district has rarely been conducted. Research Limitation: The respondents of this research were only management students; it should also be conducted in the broader community in Sumenep district.