apmrc 145 ppt.pptx

As one of the drivers of economic success and societal welfare in Indonesia, financial literacy is a must for young entrepreneurs today. The purpose of this study is to look at the relationship between the three primary components of financial literacy (financial behavior, financial knowledge, and financial attitude) in Indonesia's Millennial entrepreneurs during pandemic Covid-19 era. The study is distinctive in that it is designed to evaluate Millenial entrepreneurs financial literacy and financial well-being conditions while several PPKM (Restrictions on Community Activities) are in effect. Between mid-October 2021 and early January 2022, the survey sampled 100 young entrepreneurs aged 21-40 in West Java Province. To examine the data, the Exploratory Factor Analysis (EFA) and Structural Equation Model (SEM) methods are used. The hypothesis testing results show a consistent association between the three main components of financial literacy, with financial behavior primarily connected to business savings and business credit loans becoming the dominant predictor that affected financial behavior. The sample size and number of experimental parameters are limited, according to the study's conclusions.