The Role of Gender, Financial Literacy, and Love of Money in the Motivation and Personal Financial Management of Micro, Small, and Medium Enterprises (MSME) Actors

Mustafa, Mutmainna and Hamid, Rahmad Solling and Ikbal, Muhammad and Syamsuddin, Sofyan (2024) The Role of Gender, Financial Literacy, and Love of Money in the Motivation and Personal Financial Management of Micro, Small, and Medium Enterprises (MSME) Actors. The Role of Gender, Financial Literacy, and Love of Money in the Motivation and Personal Financial Management of Micro, Small, and Medium Enterprises (MSME) Actors, 15 (9). pp. 188-193. ISSN 2808-103X

	Image cover-social-sciences--humanities.png - Cover Image Download (222kB)
	Text 27.+Mustafa+(188-193).pdf - Published Version Download (484kB)
	Image (Turning sheet) Screenshot_2025-04-15-15-18-15-99_c37d74246d9c81aa0bb824b57eaf7062.jpg - Supplemental Material Download (125kB)
	Other (Link Artikel) index.html - Additional Metadata Download (9kB)

Abstract

Background: Gender, financial literacy, and the love of money are pivotal factors influencing the motivation and personal financial management strategies of individuals engaged in micro, small, and medium enterprises (MSMEs). Understanding how these variables interplay can provide valuable insights into enhancing financial decision-making within this crucial economic sector. This study aims to examine the relationship of gender, financial literacy, love of money, motivation and personal financial management of MSME Actors. Method: The empirical analysis was conducted using a sample of 150 MSME actors. This study used online survey for the data collection. After passing reliability and validity tests, the data were analyzed with partial least squares structural equation modeling. Results: The research results indicate that gender has a significant positive direct influence on motivation. Financial literacy also has a significant direct positive influence on motivation. Furthermore, the love of money has a significant positive direct influence on motivation. Finally, motivation also has a significant positive influence on financial management. Conclusion: In conclusion, this study highlights the intricate relationship between gender, financial literacy, the love of money, motivation, and personal financial management among MSME actors. The findings underscore the importance of addressing gender-specific factors and promoting financial literacy to enhance motivation and improve financial decision-making within the MSME sector. Moreover, recognizing the nuanced influence of attitudes towards money can further inform strategies to empower and support individuals engaged in these enterprises, ultimately contributing to their long-term financial success.

Item Type:	Article
Contributors:	Contribution Contributors ID/NIDN/NIDK Teacher Hamid, Rahmad Solling NIDN0903118601 Teacher Ikbal, Muhammad NIDN0913037902 Teacher Syamsuddin, Sofyan NIDN0921129404
Uncontrolled Keywords:	Gender; Financial Literacy; Love of Money; Motivation; Personal Financial Management
Subjects:	H Social Sciences > H Social Sciences (General) L Education > LC Special aspects of education > LC5201 Education extension. Adult education. Continuing education
Divisions:	Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User:	Mutmainna Mustafa Mutmainna
Date Deposited:	15 Apr 2025 07:31
Last Modified:	15 Apr 2025 07:31
URI:	http://repository.umpalopo.ac.id/id/eprint/5380

Actions (login required)

View Item