THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME

This research investigates the impact of financial literacy and financial attitudes on MSME income in South Palu using a quantitative approach. Primary data was collected directly from respondents through questionnaires, with data sources coming from MSME owners in the South Palu region. SPSS was u...

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Main Authors: Nurul Hikmah, Munawarah Munawarah, Darman Darman, Rian Risendy
Format: Article
Language:English
Published: Universitas Nusa Cendana 2025-07-01
Series:Journal of Management Small and Medium Enterprises (SME's)
Subjects:
Online Access:https://ejurnal.undana.ac.id/index.php/JEM/article/view/20508
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author Nurul Hikmah
Munawarah Munawarah
Darman Darman
Rian Risendy
author_facet Nurul Hikmah
Munawarah Munawarah
Darman Darman
Rian Risendy
author_sort Nurul Hikmah
collection DOAJ
description This research investigates the impact of financial literacy and financial attitudes on MSME income in South Palu using a quantitative approach. Primary data was collected directly from respondents through questionnaires, with data sources coming from MSME owners in the South Palu region. SPSS was used for data analysis. The findings reveal that both financial literacy and financial attitudes significantly contribute to increasing MSME income. MSME owners with strong financial literacy can allocate budgets efficiently, cut unnecessary expenses, and optimize business potential. Positive financial attitudes, such as discipline, financial commitment, and prioritizing decision-making, form the core of business success. Financial attitudes play a more substantial role than financial literacy, as they are more directly applicable in decision-making. Financial literacy offers the knowledge, but without the right attitude, it remains theoretical and ineffective in practice. Keywords: Financial Literacy; Financial Attitude; MSME Income; MSME
format Article
id doaj-art-3aa627ca21964f67b9fcf0dfcfa24995
institution Kabale University
issn 2502-2385
2723-469X
language English
publishDate 2025-07-01
publisher Universitas Nusa Cendana
record_format Article
series Journal of Management Small and Medium Enterprises (SME's)
spelling doaj-art-3aa627ca21964f67b9fcf0dfcfa249952025-08-20T03:56:45ZengUniversitas Nusa CendanaJournal of Management Small and Medium Enterprises (SME's)2502-23852723-469X2025-07-0118210.35508/jom.v18i2.20508THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOMENurul Hikmah0Munawarah Munawarah1Darman Darman2Rian Risendy3Department of Management, Faculty of Economics and Business, Tadulako UniversityDepartment of Management, Faculty of Economics and Business, Tadulako UniversityDepartment of Management, Faculty of Economics and Business, Tadulako UniversityDepartment of Management, Faculty of Economics and Business, Tadulako University This research investigates the impact of financial literacy and financial attitudes on MSME income in South Palu using a quantitative approach. Primary data was collected directly from respondents through questionnaires, with data sources coming from MSME owners in the South Palu region. SPSS was used for data analysis. The findings reveal that both financial literacy and financial attitudes significantly contribute to increasing MSME income. MSME owners with strong financial literacy can allocate budgets efficiently, cut unnecessary expenses, and optimize business potential. Positive financial attitudes, such as discipline, financial commitment, and prioritizing decision-making, form the core of business success. Financial attitudes play a more substantial role than financial literacy, as they are more directly applicable in decision-making. Financial literacy offers the knowledge, but without the right attitude, it remains theoretical and ineffective in practice. Keywords: Financial Literacy; Financial Attitude; MSME Income; MSME https://ejurnal.undana.ac.id/index.php/JEM/article/view/20508Financial LiteracyFinancial AttitudeMSME IncomeMSME
spellingShingle Nurul Hikmah
Munawarah Munawarah
Darman Darman
Rian Risendy
THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME
Journal of Management Small and Medium Enterprises (SME's)
Financial Literacy
Financial Attitude
MSME Income
MSME
title THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME
title_full THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME
title_fullStr THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME
title_full_unstemmed THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME
title_short THE ROLE OF FINANCIAL LITERACY AND FINANCIAL ATTITUDE IN INCREASING INCOME
title_sort role of financial literacy and financial attitude in increasing income
topic Financial Literacy
Financial Attitude
MSME Income
MSME
url https://ejurnal.undana.ac.id/index.php/JEM/article/view/20508
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