The Effect of Financial Literacy And Income on Financial Well-Being Through Self-Control as An Intervening Variable in Career Women in Palopo City

Fhadillah Sukma; Goso Goso; Ibrahim Halim

Fhadillah Sukma Management Study Program, Faculty of Economy and Business, Muhammadiyah Palopo University
Goso Goso Management Study Program, Faculty of Economy and Business, Muhammadiyah Palopo University
Ibrahim Halim Management Study Program, Faculty of Economy and Business, Muhammadiyah Palopo University

Keywords: Financial Literacy, Income, Self Control, Financial Wellbeing

Abstract

This study aims to analyze the effect of financial literacy and income on the financial well-being of career women, with self-control as a mediating variable. Using a quantitative approach with random sampling techniques, data were collected from 200 independent women in Palopo City through a Google Form questionnaire. The analysis was conducted using PLS with SmartPLS 4 software. The results showed that financial literacy and income have a positive and significant effect on financial well-being, both directly and through the mediation of self-control. In addition, financial literacy and income were also proven to increase self-control, which in turn strengthens financial well-being. Thus, self-control significantly mediates the relationship between financial literacy and income on the financial well-being of career women.

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