The Influence of Technology-Based Economic Education on the Financial Decisions of Generation Z
Keywords:
Generasi Z, Edukasi Berbasis Teknologi, Keputusan Finansial, Literasi Keuangan, FintechAbstract
Low financial literacy amid the rapid adoption of digital financial services poses a crucial challenge for Generation Z. The paradox between easy access to information and consumptive behavior demands a new approach to economic education. This study aims to analyze the effect of technology-based economic education on the quality of Generation Z's financial decisions. Using a quantitative approach with a survey method, data was collected from 300 respondents aged 17–27 who actively use financial platforms. Data analysis was performed using Structural Equation Modeling (PLS-SEM). The results show that technology-based economic education has a positive and significant effect on financial decisions. The use of interactive data visualization, micro-learning content, and gamification on digital platforms has been proven effective in reducing cognitive barriers and improving budget discipline. However, this study also found the phenomenon of “competence illusion” where respondents' perception of knowledge exceeds their actual literacy scores, as well as the risk of impulsivity due to digital credit features. In conclusion, the integration of technology in economic education is an effective literacy accelerator, but it needs to be balanced with a stronger understanding of algorithmic risks. The implications of this study suggest the development of a hybrid education model for policymakers and fintech developers to create an inclusive and educational financial ecosystem.
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