DETERMINANTS OF FINANCIAL SATISFACTION IN THE COMMUNITY IN GARUT REGENCY

Abstract

Garut Regency is a district that has 5 independent villages, where independent village communities have various incomes. High income does not guarantee prosperity and satisfaction in finances. Financial satisfaction is a subjective measure of financial well-being and indicates the level of satisfaction that individuals feel with regard to various aspects of their financial condition and income. Not only income is a measure of financial satisfaction (Financial Satisfaction) of an individual, but it can be seen from financial knowledge (Financial Knowledge), financial behavior (Financial Behavior) and experience since childhood (Childhood Consumer Experience). The purpose of this research is to find out what are the determining factors that affect financial satisfaction (Financial Satisfaction) in the community in Garut Regency. The results of this study indicate that Financial Knowledge and Financial Behavior have an effect on Financial Satisfaction, while Childhood Consumer Experience has a significant effect on Financial Satisfaction.