Articles

Moderation of Life Style on the Influence of Financial Literacy and Self-Control on the Saving Behavior of Millennial Employees in Denpasar City

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This study aims to analyze the influence of financial literacy and self-control on the saving behavior of millennial employees, as well as the moderating role of lifestyle in the relationship. Financial literacy, which includes an individual’s understanding of basic financial concepts and money management, is hypothesized to play an important role in increasing saving behavior. Self-control, an individual’s ability to resist consumer impulses and make wise financial decisions, is also considered a key factor influencing the tendency to save. However, excessive consumption behavior as part of the millennial lifestyle can potentially hinder savings efforts even though they have adequate financial literacy and self-control. In this study, lifestyle is modeled as a moderating variable that can weaken or strengthen the influence of financial literacy and self-control on saving behavior. Data collection was conducted through a survey of millennial employees from various job sectors. Data analysis used the moderated regression method to test the interaction between financial literacy, self-control, and lifestyle in influencing saving behavior. The results showed that financial literacy and self-control had a significant positive effect on saving behavior. However, lifestyle acts as a negative moderator, where a consumptive lifestyle weakens the relationship between financial literacy and self-control with saving behavior. This finding provides practical implications for individuals and companies, especially in raising awareness of the importance of lifestyle control and financial literacy to encourage better saving behavior among millennial employees.

Study on the Aftermath of Natural Ways to Cure COVID-19 in Bangladesh

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COVID-19, caused by SARS-CoV-2, expanded worldwide because of its easier transmission process, which emerged as respiratory infections, multi-organ disorders, and asymptomatic effects. Though several vaccines have been invented to prevent the virus affection, still lots of people are affecting from mild to severe Covid. In this study, we mainly focus on the natural ways that helped the patients to cure COVID-19 in the recent post-covid scenario. Our goal is to find the effectiveness of protein-rich foods and physical activities that may reduce the risks and boost immunity to fight off SARS-CoV-2. This study was conducted in Bangladesh and data was collected from 208 cured people through face-to-face interviews, phone calls, and social media. It was found that protein-rich foods such as sea fish, river fishes, pigeon meat, lemon, ceevit, and physical activities such as walking, jogging, and pushing up were associated with a lower recovery period. Males has the higher recovery period after being cured than females.