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Analysis Of The Impact Financial Literacy, Lifestyle, And Income On Financial Planning Among Muslim Millennials: Case Study Of Aceh Province
"ANALYSIS OF THE IMPACT OF FINANCIAL LITERACY,
LIFESTYLE, AND INCOME ON FINANCIAL PLANNING AMONG
MUSLIM MILLENNIALS: A CASE STUDY OF ACEH PROVINCE
:
This study aims to analyse the influence of Financial Literacy,
Lifestyle, and Income on Financial Planning among Muslim millennials
in Aceh Province.
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A quantitative approach was applied using Partial Least Squares -
Structural Equation Modelling (PLS-SEM) processed with SmartPLS
4.0. Data were collected through questionnaires distributed to 250
Muslim millennial respondents in Aceh.
: The results show that Financial Literacy, Lifestyle, and Income all have
a positive and significant effect on Financial Planning. Financial
Literacy was the strongest predictor, followed by Income and Lifestyle.
Although the model fit indicators were not optimal, the model
demonstrated acceptable levels of reliability, validity, and hypothesis
support for exploratory research.
: Financial Literacy, Lifestyle, Income, Financial Planning, Muslim"
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