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Abstract
This study aims to analyze the effect of individual dimensions of financial literacy on financial inclusion. This research design is a survey with an online questionnaire. The object of this research is the people in rural Bengkulu. The respondent in this study was 503 respondents. This study used convenience sampling with screening. This study reveals that knowledge, attitudes, and behaviors influence financial inclusion in rural Bengkulu. While skills do not affect financial inclusion in rural Bengkulu. This research also found that attitude is the variable that has the greatest influence on financial inclusion.
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References
- Atkinson, A. and F. Messy (2013), “Promoting Financial Inclusion through Financial Education: OECD/INFE Evidence, Policies and Practice”, OECD Working Papers on Finance, Insurance and Private Pensions, No. 34, OECD Publishing, Paris. http://dx.doi.org/10.1787/5k3xz6m88smp-en
- Bank Indonesia. (2014). Booklet Keuangan Inklusi. Jakarta: Departemen Pengembangan Akses Keuangan dan UMKM Bank Indonesia.
- Braunstein, S., & Welch, C. (2002). Financial Literacy: An Overview of Practice, Research, and Policy. Federal Reserve Bulletin November 2002.
- Chaulagain, P, Ramesh. 2017. Relationship between Financial Literacy and Behavior of Small Borrowers. NRB Working Paper, NRB-WP-38.
- Cohen, M., & Nelson, C. (2011), ‘Financial Literacy: A Step for Clients towards Financial Inclusion’, Draft paper, Washington, DC.
- Cole,S., Sampson, T., and Zia, B. (2009). Financial Literacy, Financial Decisions, and the Demand for Financial Services: Evidence from India and Indonesia
- Holzmann, R. (2010). Bringing Financial Literacy and Education to Low and Middle Income Countries: The Need to Review, Adjust, and Extend Current Wisdom, World Bank, IZA and CES, available (online) http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/9897,
- Hussain, J., Salia, S., & Karim, A. (2018). Is knowledge that powerful? Financial literacy and access to finance. Journal of Small Business and Enterprise Development. doi:10.1108/jsbed-01-2018-0021
- Jappelli, T. (2010). Economic Literacy: An International Comparison*. The Economic Journal, 120(548), F429–F451. doi:10.1111/j.1468-0297.2010.02397.x
- Kefela, T, G. (2010). Promoting access to finance by empowering consumers - Financial literacy in developing countries. Educational Research and Reviews Vol. 5 (5), pp. 205-212, March 2010 ISSN 1990-3839 © 2010 Academic Journals.
- Lusardi, A., Mitchell, O.S., & Curto, V. (2010). “Financial Literacy among the Young.”Journal of Consumer Affairs, 44(2): 358{380.
- Lusardi, A. & Tufano, P. (2008). Debt Literacy, Financial Experience and Overindebtedness. Harvard School Working Paper.
- Nkundabanyanga, S.K., Kasozi, D., Nalukenge, I., & Tauringana, T. (2014)," Lending terms, financial literacy and formal credit accessibility ", International Journal of Social Economics, Vol. 41 Iss 5 pp. 342 – 361. Permanent link to this document: http://dx.doi.org/10.1108/IJSE-03-2013-0075
- Okello, Candiya Bongomin, G., Munene, J. C., Ntayi, J. M., & Malinga, C. A. (2017). Financial literacy in emerging economies: Do all components matter for financial inclusion of poor households in rural Uganda?. Managerial Finance, 43(12), 1310–1331. doi:10.1108/mf-04-2017-0117
- Otoritas Jasa Keuangan (2017). Strategi Nasional Literasi Keuangan Indonesia. Jakarta: Departermen Literasi dan Inklusi Keuangan Bidang Edukasi dan Perlindungan Konsumen.
- Otoritas Jasa Keuangan (2016). Survei Nasional Literasi Keuangan dan Inklusi Keuangan. Jakarta: Departermen Literasi dan Inklusi Keuangan Bidang Edukasi dan Perlindungan Konsumen.
- Pankow, Debra. 2003. Financial Values, Attitude and Goals. North Dakota State Univercity Fargo, North Dakota 58105.
- Rakhmindyarto & Syaifullah. (2013). Keuangan Inklusif dan Pengentasan Kemiskinan. https:// www.kemenkeu.go.id/media/4459/keuangan-inklusif-dan-pengentasan-kemiskinan.pdf,
- Tustin, H., D. (2010). An impact assessment of a prototype financial literacy flagship programme in a rural South African setting. African Journal of Business Management Vol. 4(9), pp. 1894-1902, 4 August 2010 ISSN 1993-8233
- Willis, E., L. (2008). Against Financial Literacy Education. Loyola University Law School, Los Angeles Legal Studies Research Paper No. 2008-13
- Xu, L., & Zia, B. (2012), Financial Literacy around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward, Policy Research Working Paper No. 6107: The World Bank, Washington DC.
References
Atkinson, A. and F. Messy (2013), “Promoting Financial Inclusion through Financial Education: OECD/INFE Evidence, Policies and Practice”, OECD Working Papers on Finance, Insurance and Private Pensions, No. 34, OECD Publishing, Paris. http://dx.doi.org/10.1787/5k3xz6m88smp-en
Bank Indonesia. (2014). Booklet Keuangan Inklusi. Jakarta: Departemen Pengembangan Akses Keuangan dan UMKM Bank Indonesia.
Braunstein, S., & Welch, C. (2002). Financial Literacy: An Overview of Practice, Research, and Policy. Federal Reserve Bulletin November 2002.
Chaulagain, P, Ramesh. 2017. Relationship between Financial Literacy and Behavior of Small Borrowers. NRB Working Paper, NRB-WP-38.
Cohen, M., & Nelson, C. (2011), ‘Financial Literacy: A Step for Clients towards Financial Inclusion’, Draft paper, Washington, DC.
Cole,S., Sampson, T., and Zia, B. (2009). Financial Literacy, Financial Decisions, and the Demand for Financial Services: Evidence from India and Indonesia
Holzmann, R. (2010). Bringing Financial Literacy and Education to Low and Middle Income Countries: The Need to Review, Adjust, and Extend Current Wisdom, World Bank, IZA and CES, available (online) http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/9897,
Hussain, J., Salia, S., & Karim, A. (2018). Is knowledge that powerful? Financial literacy and access to finance. Journal of Small Business and Enterprise Development. doi:10.1108/jsbed-01-2018-0021
Jappelli, T. (2010). Economic Literacy: An International Comparison*. The Economic Journal, 120(548), F429–F451. doi:10.1111/j.1468-0297.2010.02397.x
Kefela, T, G. (2010). Promoting access to finance by empowering consumers - Financial literacy in developing countries. Educational Research and Reviews Vol. 5 (5), pp. 205-212, March 2010 ISSN 1990-3839 © 2010 Academic Journals.
Lusardi, A., Mitchell, O.S., & Curto, V. (2010). “Financial Literacy among the Young.”Journal of Consumer Affairs, 44(2): 358{380.
Lusardi, A. & Tufano, P. (2008). Debt Literacy, Financial Experience and Overindebtedness. Harvard School Working Paper.
Nkundabanyanga, S.K., Kasozi, D., Nalukenge, I., & Tauringana, T. (2014)," Lending terms, financial literacy and formal credit accessibility ", International Journal of Social Economics, Vol. 41 Iss 5 pp. 342 – 361. Permanent link to this document: http://dx.doi.org/10.1108/IJSE-03-2013-0075
Okello, Candiya Bongomin, G., Munene, J. C., Ntayi, J. M., & Malinga, C. A. (2017). Financial literacy in emerging economies: Do all components matter for financial inclusion of poor households in rural Uganda?. Managerial Finance, 43(12), 1310–1331. doi:10.1108/mf-04-2017-0117
Otoritas Jasa Keuangan (2017). Strategi Nasional Literasi Keuangan Indonesia. Jakarta: Departermen Literasi dan Inklusi Keuangan Bidang Edukasi dan Perlindungan Konsumen.
Otoritas Jasa Keuangan (2016). Survei Nasional Literasi Keuangan dan Inklusi Keuangan. Jakarta: Departermen Literasi dan Inklusi Keuangan Bidang Edukasi dan Perlindungan Konsumen.
Pankow, Debra. 2003. Financial Values, Attitude and Goals. North Dakota State Univercity Fargo, North Dakota 58105.
Rakhmindyarto & Syaifullah. (2013). Keuangan Inklusif dan Pengentasan Kemiskinan. https:// www.kemenkeu.go.id/media/4459/keuangan-inklusif-dan-pengentasan-kemiskinan.pdf,
Tustin, H., D. (2010). An impact assessment of a prototype financial literacy flagship programme in a rural South African setting. African Journal of Business Management Vol. 4(9), pp. 1894-1902, 4 August 2010 ISSN 1993-8233
Willis, E., L. (2008). Against Financial Literacy Education. Loyola University Law School, Los Angeles Legal Studies Research Paper No. 2008-13
Xu, L., & Zia, B. (2012), Financial Literacy around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward, Policy Research Working Paper No. 6107: The World Bank, Washington DC.