FINANCIAL EDUCATION TO INCREASE FINANCIAL LITERACY

Educationhas a veryimportant role in the establishment offinancialliteracy for college students, both through informal education andformal education. Formal education functions continuing education conducted by parents at home. This study aims to explain: 1) the influence of college financial education towardsthe financialliteracy, 2) the influence offamily financialeducationtowardsthe financialliteracy, 3) that the high level of family financialeducationcanmoderate theinfluence ofcollege financial education towards the financialliteracy. The design of this research is explanatory researchsince it examinedthe influences ofdirect and indirectcollegefinancial education and family financialeducation towards the level offinancialliteracy. The populationofthis research was students at the Facultyof Economicsand the research sample was100students. The data analysis techniqueapplied was thepath analysisby employing warpPls program. The results of this study were: 1) college financial educationhad adirect significant positiveinfluence towardsthe financialliteracy, 2) familyfinancialeducationhad adirect significant positiveinfluence towardsthe financialliteracy, and 3) that the high level of family financialeducationcannotmoderate theinfluence ofcollege financial education towards the financialliteracy. Contributions based on the results of this study, financial education for families is very important to be developed in according to education in college. It will be able to support financial education in formal institutions so that student financial literacy is increasing.Subsequent researchers are suggestedto studymore about financial educationinfamilyandcollege.