The Intention As a Mediating Variable On Financial Management Behavior

Abstract

This study focuses on the variables of Islamic financial literacy, financial self-efficacy, and perceived ease of use that influence financial management behavior among Generation Z Paylater users in Tulungagung Regency, mediated by intention. This study presents a new innovation to discuss financial literascy, juxtaposed with Islamic principles in the implementation of Paylater and this idea is based on the Theory of Planned Behavior as its core theoretical foundation. In this study, there were 125 Generation Z respondents who were Paylater users residing in Tulungagung Regency. Questionnaire responses were analyzed utilizing the Structural Equation Modeling–Partial Least Squares (SEM-PLS) approach through the SmartPLS software. The findings indicate a connection between Islamic financial literacy and financial self-efficacy facilitated by an intermediary process and both positively influence intentions and financial management behaviors. Conversely, perceived ease of use shows no meaningful mediating effect and is associated with a negative relationship toward intention and financial management behavior.