Antecedent Variables of Lifestyle, Financial Inclusion, Financial Literacy, and Financial Quotient with Islamic Family Financial Governance and Financial Technology as Moderating Variables Among Muhammadiyah Members in East Java

Family economic challenges play a crucial role in financial education and literacy, significantly impacting efforts to eradicate financial ignorance. This study aims to analyze and interpret the antecedent variables of lifestyle, financial inclusion, financial literacy, and financial quotient, with Islamic family financial governance and financial technology as moderating variables among Muhammadiyah members in East Java. Using a population of 39,017 individuals, the sample size was determined through the Slovin formula and proportionate stratified random sampling. The results show that family income significantly affects lifestyle, financial literacy, and financial quotient, while social status significantly influences lifestyle, financial inclusion, and financial quotient. However, family income does not significantly impact financial inclusion, and social status does not significantly influence financial literacy. Lifestyle significantly affects financial inclusion but does not impact financial quotient, whereas financial inclusion does not significantly influence financial quotient, while financial literacy does. In terms of moderating effects, Islamic financial governance does not moderate the influence of family income on lifestyle, financial inclusion, or financial literacy. Meanwhile, financial technology successfully moderates the effect of lifestyle on financial quotient but fails to moderate the influence of financial inclusion and financial literacy on financial quotient. These findings highlight the complex interplay between financial determinants and emphasize the role of financial technology in shaping financial behavior, offering valuable insights for policymakers and financial education programs within the Islamic financial governance framework.