Reviewed from The Social Status of Students' Parents: How Does Family Economic Education Influence Students' Financial Literacy?

This study aims to determine the effect of family economic education on financial literacy as viewed from the socioeconomic status of parents among students majoring in social sciences at State Senior High School 8 Yogyakarta. This study employs a quantitative approach with a correlational design. The study population consisted of 396 students, with a sample of 199 students. The sampling technique used was stratified random sampling. The data collection techniques used were questionnaires and tests. The data analysis technique used was Partial Least Squares-Structural Equation Modeling (PLS-SEM) using WarpPLS software. The results of the study indicate that: family economic education influences financial literacy (knowledge aspect) when viewed in terms of parents’ education level and income; family economic education influences financial literacy (attitude aspect) when viewed in terms of parents’ education level; family economic education influences financial literacy (behavioral aspect) when viewed in terms of parents’ education level and occupation; family economic education does not influence financial literacy (knowledge aspect) when examined in terms of parents’ occupation; family economic education does not influence financial literacy (attitude aspect) when examined in terms of parents’ educational level and income; and family economic education does not influence financial literacy (behavioral aspect) when examined in terms of parents’ income. The results of this study contribute to efforts to develop students’ financial literacy within their family environment.