Pengaruh Literasi Keuangan Dan Perencanaan Keuangan Terhadap Kinerja UMKM Sub Sektor Kuliner di Desa Galala dengan Tingkat Pendidikan sebagai Variabel Moderasi

Abstract

This study aims to analyze the effect of financial literacy and financial planning on the performance of MSMEs in the culinary sub-sector in Galala Village, Ambon City, and to examine the moderating role of education level. This quantitative research used a survey method with a sample of 80 respondents selected through purposive sampling from a population of 261 business units. Data were collected via questionnaires and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) via SmartPLS 4. The results show that the structural model has strong predictive power ( ). Financial literacy ( ; ) and financial planning ( ; ) have a positive and significant effect on MSME performance. However, education level is not proven to moderate the relationship of financial literacy ( ) or financial planning ( ) on MSME performance. These findings emphasize that financial literacy and disciplined financial planning are the primary drivers of culinary business performance, regardless of the owner's formal education level.