Lifestyle Hedonism and Financial Distress: The Role of Religiosity Amanda Qomari Shekarsari(a) Sri Padmantyo(b)
(a,b) Universitas Muhammadiyah Surakarta
Abstract
A teenager is someone is in the transition period from child to adult. Many teenagers make wrong connections due to their lack of knowledge in the area of finance. Teenagers often follow the times and impose lifestyles. A hedonistic lifestyle can be specified as a lifestyle that values ​-​-pleasure. This kind of lifestyle requires many things to remain a consumer. Therefore, teenagers need many boundaries, one of which is religious teachings or individual religiosity. This research is crucial because financial distress in teenagers can cause many negative things. This research aims to determine the influence of income, hedonistic lifestyle, and religiosity on financial behavior through another variable, namely financial distress. This research used a sample of 241 teenagers. The results of this research are that hedonism has a positive effect on financial distress, and religiosity increases the relationship between financial distress and hedonism. This research influences teenagers^ lifestyles so that they do not make mistakes in socializing.
