Intan Amelia_YUME Journal of Management.docx

The role of young entrepreneurs today as one of the drivers of economic growth and community welfare in Indonesia is required to have an understanding of financial literacy which is a basic need for them to avoid financial difficulties or financial distress. The purpose of this research is to find out how the relationship between financial literacy and financial distress in young millennial entrepreneurs in Cimahi City. This research uses quantitative methods with descriptive types of research. Sampling is done using purposive sampling techniques with a total sample of 100 respondents. The data analysis technique used is descriptive analysis and simple linear regression analysis. The results of the descriptive analysis show that the level of financial literacy of young entrepreneurs in Cimahi City is in the high category. Meanwhile, the level of financial distress for young entrepreneurs in Cimahi City is in the medium category. Then the results of simple regression analysis show that financial literacy has a negative and significant relationship with financial distress.