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Abstract

Purpose: To examine the associations of financial literacy, DANA e-wallet use, and lifestyle with students’ financial management behavior.


Research Method: A quantitative cross-sectional survey involved 373 purposively selected DANA users at Universitas Muhammadiyah Jember. The study reported multiple linear regression of financial management behavior on three predictors.


Results and Discussion: The reported coefficients for financial literacy, DANA use, and lifestyle were positive and statistically significant. The model reported an adjusted R² of 0.794; the direction of the lifestyle scale was not documented.


Implications: Nonprobability sampling, self-report measures, and incomplete item-level and diagnostic information restrict causal interpretation and generalizability. Universities and payment providers can consider testing budgeting education and transaction-feedback tools.


Originality: The study jointly examines knowledge, a specified Indonesian e-wallet, and lifestyle within a single student sample while explicitly distinguishing observed associations from untested mechanisms.

Keywords

financial literacy DANA e-wallet financial management behavior lifestyle digital payments

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Ayuni, A. G. S., & Wijayantini, B. (2026). Financial Literacy, DANA E-Wallet Use, Lifestyle, and Students’ Financial Management Behavior in Indonesia. Advances in Management & Financial Reporting, 4(3), 818–828. https://doi.org/10.60079/amfr.v4i3.925
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