The Influence of Financial Literacy and Financial Technology on The Financial Activities of Students at Politeknik Negeri Batam

Abstract

This study aims to analyze the influence of financial literacy and financial technology on the financial activities of students at Politeknik Negeri Batam. The phenomenon of low financial literacy among young generations and the increasing use of digital financial services highlight the importance of understanding the relationship between these variables. This research employs a quantitative approach using a survey method with 100 active students of Politeknik Negeri batam selected through purposive sampling. Data were collected through a Likert-scale questionnaire and analyzed using multiple linear regression with SPSS version 20. The results show that financial literacy has a positive and significant effect on students’ financial activities, and financial technology also has a positive and significant influence. Simultaneously, both variables significantly affect students’ financial activities, with a coefficient of determination (R²) of 0.844, indicating that 84.4% of the variation in financial activities is explained by financial literacy and financial technology. These findings suggest that higher levels of financial literacy and greater utilization of financial technology lead to more active and responsible financial management among students. This study is expected to serve as a reference for educational institutions in enhancing financial literacy and the wise use of fintech among students.