SPENDING PATTERNS ON MILLENNIAL GENERATION IN SURABAYA
Keywords:
Expenditure Patterns, Junior Millennials, Senior Millennials.
Abstract
This study aims to examine spending patterns in the millennial generation in Surabaya. Respondents of this study were the millennial generation who were divided into two age groups, namely 21-28 years old, who were referred to as junior millennials, and those aged 29-36 years who were referred to as senior millennials. The analysis technique used is a crosstab to examine the relationship between age and spending pattern of the millennial generation and an independent-sample t-test to test the difference between the spending pattern of the junior millennials and senior millennials. This study showed a significant relationship between age and spending pattern on the millennial generation, and there is a significant difference between the spending pattern of the junior millennials and senior millennials.
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References
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Utomo, WP (2019). Indonesia millennial report 2019: understanding the behavior of Indonesian millennials. Retrieved March 19, 2019, from https://cdn.idntimes.com/content-documents/indonesia-millennial-report-2019-by-idn-times.pdf
Bank Indonesia. (2014, July 22). Circular regarding electronic money administration. Retrieved May 2, 2019, from Bank Indonesia: https://www.bi.go.id/elicensing/helps/SE_161114-Emoney.pdf
Budiati, I., Susianto, Y., P, WP, Ayuni, S., Reagan, HA, Larasaty, P., et al. (2018). Thematic gender statistics: profiles of Indonesian millennials. Jakarta: Ministry of Women's Empowerment and Child Protection.
Castner, L., & Mabli, J. (2010). Low-income household spending patterns and measures of poverty. Washington DC: Mathematica Policy Research, Inc.
Fischer, D., Böhme, T., & Geiger, SM (2017). Measuring young consumers' sustainable consumption behavior: development and validation of the YCSCB scale. Young consumers, 312-326.
Karismariyanti, M. (2014). Designing a sales accounting information system with electronic payments (e-payment). Journal of Information Technology, 238.
Mannheim, K. (1952). The problem of generations. Essay on the Sociology of Knowledge, 276-322.
Mitchell, WC (1937). The backward art of spending money. New York: McGraw-Hill Book Co.
Potluri, RM, Pool, GR, & Tatinbekovna, SM (2009). Young kazakhstan consumers: catch them if you can. Young consumers, 47-56.
Razak, MI, Abidin, NE, Yusof, MA, Sakarji, SR, & Nor, KM (2014). Spending trends among youth in malaysia. Journal of Economics and Development Studies, 277-288.
Subhani, MI, Hasan, SA, & Osman, A. (2012). Spending patterns in youth. American Journal of Scientific Research (AJSR), 26.
Sugiyono. (2010). Educational research methods (quantitative, qualitative, and R&D approaches). Bandung: Alfabeta.
Tripambudi, B., & Indrawati, ES (2018, April). The relationship between self-control and consumer-buying behavior of gadgets in industrial engineering students at Dipenogoro University. Journal of Empathy, 7(2), 189.
Utomo, WP (2019). Indonesia millennial report 2019: understanding the behavior of Indonesian millennials. Retrieved March 19, 2019, from https://cdn.idntimes.com/content-documents/indonesia-millennial-report-2019-by-idn-times.pdf
Published
2021-09-21
How to Cite
Malelak, M. I., & Halim, N. M. (2021). SPENDING PATTERNS ON MILLENNIAL GENERATION IN SURABAYA. International Journal of Financial and Investment Studies (IJFIS), 2(1), 20-26. https://doi.org/10.9744/ijfis.2.1.20-26
Section
Articles
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