Survey Data on Gen Z in Indonesia: Linking Financial Skills, Digital Financial Literacy, Autonomy, and Impulsivity to Decision-Making and Financial Wellbeing
Description
This dataset presents comprehensive information on Generation Z in Indonesia, with a particular focus on the impact of financial skills, digital financial literacy, financial autonomy, and impulsivity on financial decision-making and overall financial well-being. A total of 945 participants, born between 1997 and 2008, completed an online questionnaire consisting of 48 items designed to assess their personal financial management skills, attitudes toward financial instruments, levels of financial independence, and impulsive behavioral tendencies. The dataset aims to provide insights into Generation Z's capability to make sound financial decisions and achieve financial well-being both in the short and long term. Moreover, it serves as a valuable resource for researchers in economics and finance to analyze individual financial behavior and competencies. The findings may also support policymakers in designing national financial education strategies and serve as a reference for educators and practitioners involved in financial literacy programs.
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Steps to reproduce
To produce this dataset, a closed-ended questionnaire was designed based on the validated constructs developed by Kumar et al. (2022), encompassing six key dimensions: financial skills, digital financial literacy, financial autonomy, impulsivity, financial decision-making, and financial well-being. The questionnaire consisted of 48 items, each measured using a 4-point Likert scale ranging from "Strongly Disagree" to "Strongly Agree." To ensure accessibility and relevance for the target population—Generation Z in Indonesia—the questionnaire was disseminated online via Google Forms. The data collection process employed a simple random sampling method, allowing each member of the target population an equal chance of participation. Respondents were individuals born between 1997 and 2008, aligning with the Generation Z cohort. The data were collected over a four-month period, from October 15, 2025, to February 24, 2025. Upon completion, the responses were adjusted according to sociodemographic variables to enhance the validity and generalizability of the findings.
Institutions
- Universitas Andalas