The Influence of Financial Literacy, Lifestyle, Financial Planning, and Financial Burden on Saving Behavior Among Hotpot Restaurant Employees

This study aims to determine and analyze the influence of financial literacy, lifestyle, financial planning, and financial burden on the saving behavior of employees at HotHotPot Restaurant Medan, both partially and simultaneously. This research is a quantitative study using a causal-associative approach. The population in this study consists of all 50 employees of HotHotPot Restaurant Medan. The sampling technique used is saturated sampling (census), in which the entire population is used as the research sample. Data were collected using a Likert-scale questionnaire that has been tested for validity and reliability. The data analysis technique employed was multiple linear regression analysis using SPSS version 31, preceded by classical assumption tests, including tests of normality, multicollinearity, heteroscedasticity, and linearity. The results show that: (1) financial literacy has a positive and significant effect on saving behavior; (2) lifestyle has a positive and significant effect on saving behavior; (3) financial planning has a positive and significant effect on saving behavior; (4) financial burden has a significant negative effect on saving behavior; and (5) simultaneously, financial literacy, lifestyle, financial planning, and financial burden have a significant effect on saving behavior. The adjusted R-squared value of 0.916 indicates that the four independent variables are able to explain 91.6% of the variation in saving behavior, while the remaining 8.4% is explained by other variables outside this study.