Level of Understanding of Financial Knowledge, Financial Management Behavior and Self-Control

Abstract

Abstract. The aim of this research is to see the level of students' understanding regarding financial knowledge, financial management behavior and self-control. The population in this study were students studying at state and private universities in North Maluku Province. The sample in this study was determined using purposive sampling with the condition that the students were scholarship recipients from Bank Indonesia (BI), totalling 137 respondents. The analytical tool used in this research is descriptive statistics. The research results show that students' understanding of financial knowledge, financial management behavior and self-control is good, they only need to improve their financial management regarding the ease of obtaining loans because they always pay bills on time. Apart from that, they are more protective of themselves by prioritizing needs over desires when shopping. At the end of this research, conclusions and suggestions for further research are also discussed.