The Effect of Financial Technology, Demography, and Financial Literacy on Financial Management Behavior of Productive Age in Surabaya, Indonesia

Abstract

This study aims to examine the effect of financial technology, demographics, and financial literacy on the financial decision making of the productive age population in Surabaya. The type of research is quantitative and conclusive in the form of causality.The data used are primary data obtained from the questionnaire. The population which is used as much as 180 respondents wasselected by way of judgmental sampling. The characteristics of respondents are the productive age population in Surabaya whohas income and work. Mechanical analysis of the use of researchers is an analysis of regression doubled by using SPSS softwareversion 20. Results of the study showed that the variables demographics are proxied by type of sex, income, and age did notinfluence on the financial management behavior in the population age productive in Surabaya. Whereas Financial Technologyand Financial Literacy have a significant positive effect on Financial Management Behavior in the productive age population inSurabaya