How to cite this paper
Iramani, R & Lutfi, L. (2021). An integrated model of financial well-being: The role of financial behavior.Accounting, 7(3), 691-700.
Refrences
Achtziger, A., Hubert, M., Kenning, P., Raab, G., & Reisch, L. (2015). Debt out of control, The links between self-control, compulsive buying, and real debts. Journal of Economic Psychology, 49, 141-149.
Ackerman, R. A., Fries, G., & Windle, R. A. (2012). Changes in US family finances from 2007 to 2010, Evidence from the Survey of Consumer Finances. Federal Reserve Bulletin, 100(4), 1-80.
Ainia, N. S. N. & Lutfi, L. (2019). The influence of risk perception, risk tolerance, overconfidence, and loss aversion towards investment decision making. Journal of Economics, Business, & Accountancy Ventura, 21(3), 401-413.
Ajzen, I. (1991). The theory of planned behavior. Organizational behavior and human decision processes, 50(2), 179-211.
Arber, S., Fenn, K., & Meadows, R. (2014). Subjective financial well-being, income and health inequalities in mid and later life in Britain. Social Science & Medicine, 100, 12-20.
Archuleta, K. L., Dale, A., & Spann, S. M. (2013). College Students and Financial Distress, Exploring Debt, Financial Satisfaction, and Financial Anxiety. Journal of Financial Counseling and Planning, 24(2), 50-62.
Ariani, S., Rahmah, P. A. A. A., Putri, Y. R., Rohmah, M., Budiningrum, A., & Lutfi, L. (2016). Pengaruh literasi keuangan, locus of control, dan etnis terhadap pengambilan keputusan investasi. Journal of Business and Banking, 5(2), 257-270.
Baek, E. & DeVaney, S. A. (2004). Assessing the baby boomers' financial wellness using financial ratios and a subjective measure. Family and Consumer Sciences Research Journal, 32(4), 321-348.
Bannier, C. E. & Schwarz, M. (2018). Gender-and education-related effects of financial literacy and confidence on financial wealth. Journal of Economic Psychology, 67, 66-86.
Behrman, J. R., Mitchell, O. S., Soo, C. K., & Bravo, D. (2012). How financial literacy affects household wealth accumulation. American Economic Review, 102(3), 300-304.
Brilianti, T. R. & Lutfi, L. (2020). Pengaruh pendapatan, pengalaman keuangan dan pengetahuan keuangan terhadap perilaku keuangan keluarga di kota Madiun. Journal of Business and Banking, 9(2).
Britt, S., Cumbie, J., & Bell, M. (2013). The influence of locus of control on student financial behavior. College Student Journal, 47(1), 178-184.
Brüggen, E. C., Hogreve, J., Holmlund, M., Kabadayi, S., & Löfgren, M. (2017). Financial well-being, A conceptualization and research agenda. Journal of Business Research, 79, 228-237. doi,https,//doi.org/10.1016/j.jbusres.2017.03.013
Bucher-Koenen, T. & Lusardi, A. (2011). Financial literacy and retirement planning in Germany. Journal of Pension Economics & Finance, 10(4), 565-584.
Cobb-Clark, D. A., Kassenboehmer, S. C., & Sinning, M. G. (2016). Locus of control and savings. Journal of Banking & Finance, 73, 113-130.
Davis, E. P. & Helmick, S. A. (1985). Family financial satisfaction, The impact of reference points. Home Economics Research Journal, 14(1), 123-131.
Delafrooz, N. & Paim, L. H. (2011). Determinants of financial wellness among Malaysia workers. African Journal of Business Management, 5(24), 10092.
DeNavas-Walt, C., Proctor, B. D., & Smith, J. C. (2013). Income, Poverty, and Health Insurance Coverage in the United States, 2012. Current Population Reports P60-245. US Census Burea.
Easterlin, R. A. (2006). Life cycle happiness and its sources, Intersections of psychology, economics, and demography. Journal of Economic Psychology, 27(4), 463-482.
Falahati, L. & Sabri, M. F. (2015). An exploratory study of personal financial wellbeing determinants, Examining the moderating effect of gender. Asian Social Science, 11(4), 33.
French, D. & McKillop, D. (2016). Financial literacy and over-indebtedness in low-income households. International Review of Financial Analysis, 48, 1-11.
Gathergood, J. (2012). Self-control, financial literacy and consumer over-indebtedness. Journal of Economic Psychology, 33(3), 590-602.
Gerrans, P., Speelman, C., & Campitelli, G. (2014). The relationship between personal financial wellness and financial wellbeing, A structural equation modelling approach. Journal of Family and Economic Issues, 35(2), 145-160.
Grable, J. E., Park, J. Y., & Joo, S. H. (2009). Explaining financial management behavior for Koreans living in the United States. Journal of consumer affairs, 43(1), 80-107.
Gutter, M. & Copur, Z. (2011). Financial behaviors and financial well-being of college students, Evidence from a national survey. Journal of family and economic Issues, 32(4), 699-714.
Hair Jr, J. F., Hult, G. T. M., Ringle, C., & Sarstedt, M. (2016). A primer on partial least squares structural equation modeling (PLS-SEM). In, Sage publications.
Headey, B. & Wooden, M. (2004). The effects of wealth and income on subjective well‐being and ill‐being. Economic record, 80, S24-S33.
Henager, R. & Mauldin, T. (2015). Financial literacy, The relationship to saving behavior in low‐to moderate‐income households. Family and Consumer Sciences Research Journal, 44(1), 73-87.
Hilgert, M. A., Hogarth, J. M., & Beverly, S. G. (2003). Household financial management, The connection between knowledge and behavior. Fed. Res. Bull., 89, 309-322.
Hogarth, J. M. & Hilgert, M. A. (2002). Financial knowledge, experience and learning preferences, Preliminary results from a new survey on financial literacy. Consumer Interest Annual, 48(1), 1-7.
Hong, G.-S. & Swanson, P. M. (1995). Comparison of financial well-being of older women, 1977 and 1989. Journal of Financial Counseling and Planning, 6, 129.
Hsieh, C.-M. (2004). Income and financial satisfaction among older adults in the United States. Social indicators research, 66(3), 249-266.
Huston, S. J. (2010). Measuring financial literacy. Journal of consumer affairs, 44(2), 296-316.
Jappelli, T. & Padula, M. (2013). Investment in financial literacy and saving decisions. Journal of Banking & Finance, 37(8), 2779-2792.
Joo, S.-h. & Grable, J. E. (2004). An exploratory framework of the determinants of financial satisfaction. Journal of family and economic Issues, 25(1), 25-50.
Kim, J., Garman, E. T., & Sorhaindo, B. (2003). Relationships among credit counseling clients' financial wellbeing, financial behaviors, financial stressor events, and health. Journal of Financial Counseling and Planning, 14(2), 75-87.
Kim, K. T., Lee, J. M., & Hong, E. (2016). The role of self-control on retirement preparedness of US households. International Journal of Human Ecology, 17(2), 31-42.
Lewis, J. K., Mimura, Y., Mauldin, T., Rupured, M., & Jordan, J. (2008). Financial information, is it related to savings and investing knowledge and financial behavior of teenagers? Journal of Financial Counseling and Planning, 19(2).
Lim, V. K., Teo, T. S., & Loo, G. L. (2003). Sex, financial hardship and locus of control, an empirical study of attitudes towards money among Singaporean Chinese. Personality and Individual Differences, 34(3), 411-429.
Lusardi, A. & Mitchelli, O. S. (2007). Financial literacy and retirement preparedness, Evidence and implications for financial education. Business economics, 42(1), 35-44.
Lusardi, A. & Tufano, P. (2015). Debt literacy, financial experiences, and overindebtedness. ournal of Pension Economics & Finance, 14(4), 332-368.
Mudzingiri, C., Mwamba, J. W. M., & Keyser, J. N. (2018). Financial behavior, confidence, risk preferences and financial literacy of university students. Cogent Economics & Finance, 6(1), 1512366.
Ng, W. & Diener, E. (2014). What matters to the rich and the poor? Subjective well-being, financial satisfaction, and postmaterialist needs across the world. Journal of personality and social psychology, 107(2), 326.
OJK. (2016). Perencanaan Keuangan Keluarga. Jakarta, Otoritas Jasa Keuangan.
OJK. (2017). Survei Nasional Literasi dan Inklusi Keuangan 2016. Jakarta, Otoritas Jasa Keuangan.
Pangestu, S. & Karnadi, E. B. (2020). The effects of financial literacy and materialism on the savings decision of generation Z Indonesians. Cogent Business & Management, 7(1), 1743618.
Perry, V. G. & Morris, M. D. (2005). Who is in control? The role of self‐perception, knowledge, and income in explaining consumer financial behavior. Journal of consumer affairs, 39(2), 299-313.
Porter, N. M. & Garman, E. T. (1993). Testing a Conceptual Model of Financial Well-Being. Journal of Financial Counseling and Planning, 4, 134-164.
Prendergast, S., Blackmore, D., Kempson, E., Russell, R., & Kutin, J. (2018). Financial well-being, A survey of adults in Australia. In, ANZ Melbourne, Australia.
Purniawati, R. T. & Lutfi, L. (2017). Literasi keuangan dan pengelolaan keuangan keluarga dalam perspektif budaya Jawa dan Bugis. Journal of Business and Banking, 7(1), 31-46.
Sabri, M. F., Cook, C. C., & Gudmunson, C. G. (2012). Financial well‐being of Malaysian college students. Asian Education and Development Studies, 5(1), 153-170.
Sahi, S. K. (2013). Demographic and socio‐economic determinants of financial satisfaction. International Journal of Social Economics.
Shim, S., Xiao, J. J., Barber, B. L., & Lyons, A. C. (2009). Pathways to life success, A conceptual model of financial well-being for young adults. Journal of Applied Developmental Psychology, 30(6), 708-723.
Strömbäck, C., Lind, T., Skagerlund, K., Västfjäll, D., & Tinghög, G. (2017). Does self-control predict financial behavior and financial well-being? Journal of Behavioral and Experimental Finance, 14, 30-38.
Sumarwan, U. & Hira, T. K. (1993). The effects of perceived locus of control and perceived income adequacy on satisfaction with financial status of rural households. Journal of Family and Economic Issues, 14(4), 343-364.
Van Rooij, M., Lusardi, A., & Alessie, R. J. (2012). Financial literacy, retirement planning and household wealth. The Economic Journal, 122(560), 449-478.
World Bank. (2019). Indonesia Economic Quarterly, Investing in People. In Bank, W. (Series Ed.), (pp. 1-76).
Xiao, J. J. (2016). Consumer Financial Capability and Wellbeing. In Handbook of consumer finance research (pp. 3-17), Springer.
Xiao, J. J., Chen, C., & Chen, F. (2014). Consumer financial capability and financial satisfaction. Social Indicators Research, 118(1), 415-432.
Xiao, J. J., Tang, C., Serido, J., & Shim, S. (2011). Antecedents and consequences of risky credit behavior among college students, Application and extension of the theory of planned behavior. Journal of Public Policy & Marketing, 30(2), 239-245.
Xiao, J. J., Tang, C., & Shim, S. (2009). Acting for happiness, Financial behavior and life satisfaction of college students. Social Indicators Research, 92(1), 53-68.
Ackerman, R. A., Fries, G., & Windle, R. A. (2012). Changes in US family finances from 2007 to 2010, Evidence from the Survey of Consumer Finances. Federal Reserve Bulletin, 100(4), 1-80.
Ainia, N. S. N. & Lutfi, L. (2019). The influence of risk perception, risk tolerance, overconfidence, and loss aversion towards investment decision making. Journal of Economics, Business, & Accountancy Ventura, 21(3), 401-413.
Ajzen, I. (1991). The theory of planned behavior. Organizational behavior and human decision processes, 50(2), 179-211.
Arber, S., Fenn, K., & Meadows, R. (2014). Subjective financial well-being, income and health inequalities in mid and later life in Britain. Social Science & Medicine, 100, 12-20.
Archuleta, K. L., Dale, A., & Spann, S. M. (2013). College Students and Financial Distress, Exploring Debt, Financial Satisfaction, and Financial Anxiety. Journal of Financial Counseling and Planning, 24(2), 50-62.
Ariani, S., Rahmah, P. A. A. A., Putri, Y. R., Rohmah, M., Budiningrum, A., & Lutfi, L. (2016). Pengaruh literasi keuangan, locus of control, dan etnis terhadap pengambilan keputusan investasi. Journal of Business and Banking, 5(2), 257-270.
Baek, E. & DeVaney, S. A. (2004). Assessing the baby boomers' financial wellness using financial ratios and a subjective measure. Family and Consumer Sciences Research Journal, 32(4), 321-348.
Bannier, C. E. & Schwarz, M. (2018). Gender-and education-related effects of financial literacy and confidence on financial wealth. Journal of Economic Psychology, 67, 66-86.
Behrman, J. R., Mitchell, O. S., Soo, C. K., & Bravo, D. (2012). How financial literacy affects household wealth accumulation. American Economic Review, 102(3), 300-304.
Brilianti, T. R. & Lutfi, L. (2020). Pengaruh pendapatan, pengalaman keuangan dan pengetahuan keuangan terhadap perilaku keuangan keluarga di kota Madiun. Journal of Business and Banking, 9(2).
Britt, S., Cumbie, J., & Bell, M. (2013). The influence of locus of control on student financial behavior. College Student Journal, 47(1), 178-184.
Brüggen, E. C., Hogreve, J., Holmlund, M., Kabadayi, S., & Löfgren, M. (2017). Financial well-being, A conceptualization and research agenda. Journal of Business Research, 79, 228-237. doi,https,//doi.org/10.1016/j.jbusres.2017.03.013
Bucher-Koenen, T. & Lusardi, A. (2011). Financial literacy and retirement planning in Germany. Journal of Pension Economics & Finance, 10(4), 565-584.
Cobb-Clark, D. A., Kassenboehmer, S. C., & Sinning, M. G. (2016). Locus of control and savings. Journal of Banking & Finance, 73, 113-130.
Davis, E. P. & Helmick, S. A. (1985). Family financial satisfaction, The impact of reference points. Home Economics Research Journal, 14(1), 123-131.
Delafrooz, N. & Paim, L. H. (2011). Determinants of financial wellness among Malaysia workers. African Journal of Business Management, 5(24), 10092.
DeNavas-Walt, C., Proctor, B. D., & Smith, J. C. (2013). Income, Poverty, and Health Insurance Coverage in the United States, 2012. Current Population Reports P60-245. US Census Burea.
Easterlin, R. A. (2006). Life cycle happiness and its sources, Intersections of psychology, economics, and demography. Journal of Economic Psychology, 27(4), 463-482.
Falahati, L. & Sabri, M. F. (2015). An exploratory study of personal financial wellbeing determinants, Examining the moderating effect of gender. Asian Social Science, 11(4), 33.
French, D. & McKillop, D. (2016). Financial literacy and over-indebtedness in low-income households. International Review of Financial Analysis, 48, 1-11.
Gathergood, J. (2012). Self-control, financial literacy and consumer over-indebtedness. Journal of Economic Psychology, 33(3), 590-602.
Gerrans, P., Speelman, C., & Campitelli, G. (2014). The relationship between personal financial wellness and financial wellbeing, A structural equation modelling approach. Journal of Family and Economic Issues, 35(2), 145-160.
Grable, J. E., Park, J. Y., & Joo, S. H. (2009). Explaining financial management behavior for Koreans living in the United States. Journal of consumer affairs, 43(1), 80-107.
Gutter, M. & Copur, Z. (2011). Financial behaviors and financial well-being of college students, Evidence from a national survey. Journal of family and economic Issues, 32(4), 699-714.
Hair Jr, J. F., Hult, G. T. M., Ringle, C., & Sarstedt, M. (2016). A primer on partial least squares structural equation modeling (PLS-SEM). In, Sage publications.
Headey, B. & Wooden, M. (2004). The effects of wealth and income on subjective well‐being and ill‐being. Economic record, 80, S24-S33.
Henager, R. & Mauldin, T. (2015). Financial literacy, The relationship to saving behavior in low‐to moderate‐income households. Family and Consumer Sciences Research Journal, 44(1), 73-87.
Hilgert, M. A., Hogarth, J. M., & Beverly, S. G. (2003). Household financial management, The connection between knowledge and behavior. Fed. Res. Bull., 89, 309-322.
Hogarth, J. M. & Hilgert, M. A. (2002). Financial knowledge, experience and learning preferences, Preliminary results from a new survey on financial literacy. Consumer Interest Annual, 48(1), 1-7.
Hong, G.-S. & Swanson, P. M. (1995). Comparison of financial well-being of older women, 1977 and 1989. Journal of Financial Counseling and Planning, 6, 129.
Hsieh, C.-M. (2004). Income and financial satisfaction among older adults in the United States. Social indicators research, 66(3), 249-266.
Huston, S. J. (2010). Measuring financial literacy. Journal of consumer affairs, 44(2), 296-316.
Jappelli, T. & Padula, M. (2013). Investment in financial literacy and saving decisions. Journal of Banking & Finance, 37(8), 2779-2792.
Joo, S.-h. & Grable, J. E. (2004). An exploratory framework of the determinants of financial satisfaction. Journal of family and economic Issues, 25(1), 25-50.
Kim, J., Garman, E. T., & Sorhaindo, B. (2003). Relationships among credit counseling clients' financial wellbeing, financial behaviors, financial stressor events, and health. Journal of Financial Counseling and Planning, 14(2), 75-87.
Kim, K. T., Lee, J. M., & Hong, E. (2016). The role of self-control on retirement preparedness of US households. International Journal of Human Ecology, 17(2), 31-42.
Lewis, J. K., Mimura, Y., Mauldin, T., Rupured, M., & Jordan, J. (2008). Financial information, is it related to savings and investing knowledge and financial behavior of teenagers? Journal of Financial Counseling and Planning, 19(2).
Lim, V. K., Teo, T. S., & Loo, G. L. (2003). Sex, financial hardship and locus of control, an empirical study of attitudes towards money among Singaporean Chinese. Personality and Individual Differences, 34(3), 411-429.
Lusardi, A. & Mitchelli, O. S. (2007). Financial literacy and retirement preparedness, Evidence and implications for financial education. Business economics, 42(1), 35-44.
Lusardi, A. & Tufano, P. (2015). Debt literacy, financial experiences, and overindebtedness. ournal of Pension Economics & Finance, 14(4), 332-368.
Mudzingiri, C., Mwamba, J. W. M., & Keyser, J. N. (2018). Financial behavior, confidence, risk preferences and financial literacy of university students. Cogent Economics & Finance, 6(1), 1512366.
Ng, W. & Diener, E. (2014). What matters to the rich and the poor? Subjective well-being, financial satisfaction, and postmaterialist needs across the world. Journal of personality and social psychology, 107(2), 326.
OJK. (2016). Perencanaan Keuangan Keluarga. Jakarta, Otoritas Jasa Keuangan.
OJK. (2017). Survei Nasional Literasi dan Inklusi Keuangan 2016. Jakarta, Otoritas Jasa Keuangan.
Pangestu, S. & Karnadi, E. B. (2020). The effects of financial literacy and materialism on the savings decision of generation Z Indonesians. Cogent Business & Management, 7(1), 1743618.
Perry, V. G. & Morris, M. D. (2005). Who is in control? The role of self‐perception, knowledge, and income in explaining consumer financial behavior. Journal of consumer affairs, 39(2), 299-313.
Porter, N. M. & Garman, E. T. (1993). Testing a Conceptual Model of Financial Well-Being. Journal of Financial Counseling and Planning, 4, 134-164.
Prendergast, S., Blackmore, D., Kempson, E., Russell, R., & Kutin, J. (2018). Financial well-being, A survey of adults in Australia. In, ANZ Melbourne, Australia.
Purniawati, R. T. & Lutfi, L. (2017). Literasi keuangan dan pengelolaan keuangan keluarga dalam perspektif budaya Jawa dan Bugis. Journal of Business and Banking, 7(1), 31-46.
Sabri, M. F., Cook, C. C., & Gudmunson, C. G. (2012). Financial well‐being of Malaysian college students. Asian Education and Development Studies, 5(1), 153-170.
Sahi, S. K. (2013). Demographic and socio‐economic determinants of financial satisfaction. International Journal of Social Economics.
Shim, S., Xiao, J. J., Barber, B. L., & Lyons, A. C. (2009). Pathways to life success, A conceptual model of financial well-being for young adults. Journal of Applied Developmental Psychology, 30(6), 708-723.
Strömbäck, C., Lind, T., Skagerlund, K., Västfjäll, D., & Tinghög, G. (2017). Does self-control predict financial behavior and financial well-being? Journal of Behavioral and Experimental Finance, 14, 30-38.
Sumarwan, U. & Hira, T. K. (1993). The effects of perceived locus of control and perceived income adequacy on satisfaction with financial status of rural households. Journal of Family and Economic Issues, 14(4), 343-364.
Van Rooij, M., Lusardi, A., & Alessie, R. J. (2012). Financial literacy, retirement planning and household wealth. The Economic Journal, 122(560), 449-478.
World Bank. (2019). Indonesia Economic Quarterly, Investing in People. In Bank, W. (Series Ed.), (pp. 1-76).
Xiao, J. J. (2016). Consumer Financial Capability and Wellbeing. In Handbook of consumer finance research (pp. 3-17), Springer.
Xiao, J. J., Chen, C., & Chen, F. (2014). Consumer financial capability and financial satisfaction. Social Indicators Research, 118(1), 415-432.
Xiao, J. J., Tang, C., Serido, J., & Shim, S. (2011). Antecedents and consequences of risky credit behavior among college students, Application and extension of the theory of planned behavior. Journal of Public Policy & Marketing, 30(2), 239-245.
Xiao, J. J., Tang, C., & Shim, S. (2009). Acting for happiness, Financial behavior and life satisfaction of college students. Social Indicators Research, 92(1), 53-68.