PENGARUH FINANCIAL LITERACY, SPENDING SELF-CONTROL, DAN FEAR OF MISSING OUT TERHADAP PERSONAL FINANCIAL MANAGEMENT

Abstract

This study aims to examine the influence of Financial Literacy, Spending Self-Control, and Fear of Missing Out (FOMO) on Personal Financial Management among Generation Z in Jakarta. The rapid development of digital technology has increased access to financial services while simultaneously encouraging more consumptive financial behavior among young people. This research employed a quantitative approach using a survey method. Data were collected from 220 Generation Z respondents residing in Jakarta through an online questionnaire using a purposive sampling technique. The data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The results indicate that Financial Literacy has a positive and significant effect on Personal Financial Management and Spending Self-Control. Fear of Missing Out has a negative and significant effect on Personal Financial Management. However, Spending Self-Control does not significantly affect Personal Financial Management. These findings imply that improving Financial Literacy remains essential in strengthening financial management among Generation Z, while psychological factors such as FOMO continue to pose challenges in maintaining healthy financial behavior in the digital era. Penelitian ini bertujuan untuk menganalisis pengaruh Financial Literacy, Spending Self-Control, dan Fear of Missing Out (FOMO) terhadap Personal Financial Management pada Generasi Z di Jakarta. Perkembangan teknologi digital telah meningkatkan kemudahan akses terhadap layanan keuangan, namun di sisi lain juga mendorong munculnya perilaku konsumtif di kalangan generasi muda. Penelitian ini menggunakan pendekatan kuantitatif dengan metode survei. Data diperoleh dari 220 responden Generasi Z di Jakarta melalui penyebaran kuesioner secara daring menggunakan teknik purposive sampling. Analisis data dilakukan menggunakan Structural Equation Modeling–Partial Least Squares (SEM-PLS). Hasil penelitian menunjukkan bahwa Financial Literacy berpengaruh positif dan signifikan terhadap Personal Financial Management serta Spending Self-Control. Sementara itu, Fear of Missing Out berpengaruh negatif dan signifikan terhadap Personal Financial Management. Namun, Spending Self-Control tidak berpengaruh signifikan terhadap Personal Financial Management. Temuan ini menunjukkan bahwa peningkatan literasi keuangan masih menjadi faktor penting dalam membentuk pengelolaan keuangan yang baik pada Generasi Z, sedangkan faktor psikologis seperti FOMO masih menjadi tantangan dalam menjaga perilaku keuangan yang sehat di era digital.