Rita Rahayu|Syahril Ali|Amalda Aulia|Retnoningrum Hidayah
The Current Digital Financial Literacy and Financial Behavior in Indonesian Millennial Generation
Andalas University|Andalas University|Andalas University|State University of Semarang
research aims study aims investigate relationship level digital financial literacy dfl financial behaviors namely saving behavior spending behavior investment behavior among millennial generation indonesiadesignmethodologyapproach survey method performed study 741 millennial generations aged 2540 years several cities indonesia participated study structural equation model using smartpls employed estimate relationship latent variableresearch findings based data found dfl positive effect spending behavior saving behavior investment behavior addition study also revealed social factors income significant influence dfltheoretical contributionoriginality research provides map level digital financial literacy among millennial generation indonesia addition since limited study related digital financial literacy research contributes enrichment literature especially related digital financial literacypractitionerpolicy implication expected result used policymakers make policy regarding digital financial literacy especially millennial generationsresearch limitationimplication respondents participated study came west sumatra affecting generalization research results