Gender Differences in Financial Well-Being:A Multi-Group Analysis of Indonesian Income-Earning Gen-Z

Sutejo, Bertha Silvia and Wijaya, Liliana Inggrit and Noordin, Noorliza MD and Oktavianus, Joshua (2026) Gender Differences in Financial Well-Being:A Multi-Group Analysis of Indonesian Income-Earning Gen-Z. Jurnal Economia, 11 (1). pp. 128-146. ISSN 1858-2648, E-ISSN: 2460-1152

PDF 83694+128-146.pdf Download (485kB)

Abstract

Gen-Z in Indonesia faces financial challenges due to low financial literacy, impulsive spending, and FOMO, prioritizing short-term desires over long-term financial freedom and stability. This study examines key determinants of financial well-being among Gen-Z, integrating gender differences as a moderator. Through PLS-SEM and MGA analysis of 612 respondents, this study identifies financial literacy, self-control, behavior, and stress as key determinants of financial well-being. Financial behavior and stressmediate key relationships, with gender differences in financial understanding and stress management. This study suggests that governments should introduce financial literacy earlier and offer accessible financial consultations, while Gen-Z must cultivate self-discipline and financial knowledge to achieve sustainable financial well-being.

Item Type:	Article
Uncontrolled Keywords:	Kesejahteraan Keuangan, Literasi Keuangan, Pengendalian Diri, Perilaku Keuangan, Stres Keuangan, Perbedaan Gender
Subjects:	H Social Sciences > HG Finance
Divisions:	Faculty of Business and Economic > Department of Management
Depositing User:	Bertha Silvia Sutedja
Date Deposited:	02 Mar 2026 01:46
Last Modified:	02 Mar 2026 01:46
URI:	http://repository.ubaya.ac.id/id/eprint/50393

Actions (login required)

View Item