The Role Of Financial Literacy, Inclusion And Income On Spending Behaviour With Locus Of Control As Moderation: Case Study Of Semarang Workforce

Abstrak

This study aims to investigate how Semarang workers' spending patterns are influenced by their income, financial inclusion, and financial literacy while also evaluating the moderating influence of locus of control. 385 individuals were given a questionnaire as part of the survey strategy used in this study to collect data. Using several social media platforms already in use, the survey was distributed online as a Google Sheets form for this study. SmartPLS 4 software was then used to analyze the collected data in order to assess the relationship between factors and the moderating effect of locus of control. It is anticipated that the research's conclusions will provide an empirical summary of how income, financial inclusion, and financial literacy affect workers' spending patterns and how locus of control either strengthens or weakens this relationship. It is expected that these findings would serve as the basis for recommendations made to financial professionals and policymakers to improve financial inclusion and literacy, resulting in more effective and long-term financial management