Jakman

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Vol. 7 No. 4 (2026): September

Articles

Drivers of Financial Management Behaviour among Gen-Z in Pasuruan Regency

U Ufi Rumefi R Rizky Eriandani
01 September 2026 Vol. 7 No. 4 (2026): September https://doi.org/10.35912/jakman.v7.n4.p75-89.2026
Abstract
01 Sep 2026

Purpose: This study aims to examine the influence of financial knowledge on financial management behavior among Generation Z in Pasuruan Regency, Indonesia. It also investigates the mediating roles of emotional intelligence and financial well-being in the relationship between financial knowledge and financial management behaviour
Research Methodology: Data for the study were collected through an online questionnaire and analysed them using SEM based on PLS with WarpPLS, based on 280 valid responses.
Results: The findings indicate that financial knowledge does not significantly directly affect financial management behavior. However, financial knowledge significantly and positively influenced emotional intelligence and financial well-being. In addition, both emotional intelligence and financial well-being significantly and positively affect financial management behaviors. The mediation analysis revealed that emotional intelligence did not significantly mediate the relationship between financial knowledge and financial management behavior, whereas financial well-being served as a significant full mediator.
Conclusions: The study concludes that financial knowledge alone does not directly influence financial management behavior. Financial well-being plays an important mediating role in encouraging responsible financial behaviour among Generation Z.
Limitations: This study is limited to working members of Generation Z in Pasuruan Regency, which may restrict the generalizability of the findings to other regions or demographic groups.
Contributions: This study highlights the important role of financial well-being in strengthening the effect of financial knowledge on financial management behavior among Gen Z. It also emphasizes the influence of psychological factors on financial decision-making.

Keywords: emotional intelligence financial knowledge financial management behaviour financial well being Emotional Intelligence Financial Knowledge Financial Management Behaviour Financial Wellbeing
How to Cite
“
Rumefi, U., & Eriandani, R. (2026). Drivers of Financial Management Behaviour among Gen-Z in Pasuruan Regency. Jurnal Akuntansi, Keuangan, Dan Manajemen, 7(4), 75–89. https://doi.org/10.35912/jakman.v7.n4.p75-89.2026
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