The THE ROLE OF FINANCIAL LITERATURE IN THE SAVING BEHAVIOR OF VOCATIONAL SCHOOL STUDENTS IN TEGAL DISTRICT

Abstract

Saving is an important activity to secure finances in the future. Therefore, financial knowledge is essential to encourage individuals to save. This study aims to analyze the saving behavior of SMK students in the Tegal Regency. Financial literacy is used to predict students' saving behavior. This study uses a quantitative approach—the number of samples used as many as 90 students with proportional random sampling technique. At the same time, the data analysis technique used in this study used regression analysis to see the extent of the influence of financial literacy on students' saving behavior. The results showed that financial literacy affected saving behavior.