The Influence of Self-Esteem and Self-Awareness on Pocket Money Management in Economic Education Students of the Faculty of Teacher Training and Education, Universitas Tanjungpura

Abdi Roni Pandiangan; Mashudi; Syamsuri

doi:10.61536/escalate.v4i02.607

Authors

Abdi Roni Pandiangan Tanjungpura University
Mashudi Tanjungpura University
Syamsuri Tanjungpura University

DOI:

https://doi.org/10.61536/escalate.v4i02.607

Keywords:

Financial Management, Self-Awareness, Self-Esteem, Student Financial Behavior, Undergraduate Students

Abstract

The development of digital media and the increasing consumer behavior of students demand good pocket money management skills. Psychological factors, particularly self-esteem and self-awareness, are thought to play a role in shaping students' financial management behavior. This study aims to analyze the influence of self-esteem and self-awareness on pocket money management among Economics Education students, Faculty of Teacher Training and Education, Tanjungpura University, both partially and simultaneously. The study used a quantitative approach with a correlational method. The study population consisted of 205 active students from the classes of 2022, 2023, and 2024, with a sample of 136 respondents determined using the Slovin formula through a simple random sampling technique. Data were collected using a Likert scale questionnaire that had met the validity and reliability tests, then analyzed using descriptive statistics, classical assumption tests, multiple linear regression, t-test, F-test, and coefficient of determination with the help of SPSS version 26. The results of the study showed that self-esteem had a positive and significant effect on pocket money management (β = 0.382; p < 0.001), self-awareness also had a positive and significant effect (β = 0.229; p = 0.004), and both variables simultaneously had a significant effect (F = 57.337; p < 0.001) with an R² value of 0.463. The conclusion of the study shows that increasing self-esteem and self-awareness contributes to more planned, responsible, and effective management of students' pocket money, although there are still other factors outside the model that influence this behavior

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