The Influence Of Financial Literacy And Lifestyle On The Ability To Pay Spaylater Among Gen Z

Authors

  • Sagdiyah Fitri Andani Tambunan Universitas Islam Negeri Sumatera Utara,, Indonesia
  • Nur Ahmadi Bi Rahmani Universitas Islam Negeri Sumatera Utara, Indonesia
  • Aqwa Naser Daulay Universitas Islam Negeri Sumatera Utara, Indonesia

DOI:

https://doi.org/10.24256/kharaj.v7i3.7664

Keywords:

Financial Literacy, Lifestyle, Ability to Pay, SPaylater

Abstract

This study aimed to analyze the influence of financial literacy and lifestyle on SPaylater repayment capacity among Generation Z residing in Medan. The research method used was an associative quantitative survey approach, involving 100 participants selected using a purposive sampling technique. The research findings indicate that financial literacy has a significant positive impact on respondents' capacity to fulfill SPaylater payment obligations. Furthermore, lifestyle also makes a significant positive contribution to this payment capacity. These two variables, both individually and collectively, have been shown to significantly contribute to explaining variations in Generation Z's ability to fulfill digital payment obligations. These findings emphasize the importance of improving financial literacy and adopting a better and wiser lifestyle so that the younger generation can better manage their finances in the face of the development of digital financial services such as SPaylater.

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Published

2025-08-05

How to Cite

Tambunan, S. F. A., Nur Ahmadi Bi Rahmani, & Aqwa Naser Daulay. (2025). The Influence Of Financial Literacy And Lifestyle On The Ability To Pay Spaylater Among Gen Z. Al-Kharaj: Journal of Islamic Economic and Business, 7(3). https://doi.org/10.24256/kharaj.v7i3.7664

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