Quantitative analysis reveals that family environment and lifestyle significantly affect financial management in students, suggesting lifestyle's dominance.
Key Points
Family environment and lifestyle significantly influence students' financial management, while financial literacy does not.
The study found that lifestyle was the most dominant factor affecting students' financial management decisions.
A quantitative approach with a causal associative design was implemented across 194 Economics Education students in Surabaya.
Simultaneously, financial literacy, family environment, and lifestyle significantly influence financial management overall.