The Role of Socio-Economic Background, Family Economy Education and Financial Literacy on Student Decision Making
Tetep (*), Eldi Mulyana, Endang Dimyati, Maskur
Institut Pendidikan Indonesia
Abstract
The research aims to determine the role of socio-economic background, family economic education and fi-nancial literacy on student decision making. The research method uses a quantitative approach with the start of the theory and then by using deductive logic. The results of the deductive logic were then lowered into the research hypothesis with the measurement and operational concepts. The population in this study is a student of Fakultas Pendidikan Ilmu Sosial Bahasa dan Sastra Institut Pendidikan Indonesia Garut. Sam-pling techniques use proportional random sampling. Research instruments using polls and tests. Data collec-tion techniques in the form of documentation and poll. The results showed that (1) the social economic background of the parents was instrumental and significant effect on student decision making. (2) The Fami-ly Economic education is instrumental and has significant effect on student decision making. (3) Financial literacy is not instrumental and has no effect on student decision making. (4) There are simultaneous roles and influences between socio-economic background, family economic education and financial literacy on student decision making.
Keywords: Socio-economic, economic education, financial literacy, decision making
Topic: Strategic Management, Entrepreneurship and Contemporary Issues