JOURNAL OF DIGITAINABILITY, REALISM & MASTERY (DREAM) e-ISSN: 2948-4383 Volume 03, Issue 03, March 2024 Article DOI: 10.56982/dream.v3i03.221 Journal of Digitainability, Realism & Mastery (DREAM), 2024, Vol. 03 (03) Website: www.dreamjournal.my 49 The Influence of Financial Literacy, Grade Point Average, Socio- Economic, Demographic and Saving Behaviour to Financial Literacy Maria Ribeiro Guterres * a , Ni Luh Putu Wiagustini b , Augusto da Conceição Soares c a Institute of Business (IOB), Dili, Timor-Leste, maria.riguterres@gmail.com b Triatma Mulya University (UNTRIM), Bali, Indonesia, wiagustini@yahoo.com c Institute of Business (IOB), Dili, Timor-Leste, asoares27@yahoo.com *Corresponding author ABSTRACT This research aims to analyze the influence of grade point average, socio-economics, demographics, and saving behavior on financial literacy. The population in this study was 148 master’s Study Program students at the Institute of Business (IOB) and a sample of 60 students using the proportional random sampling method. The data collection technique is through a questionnaire, while data analysis uses multiple linear regression. The findings from this research show that the grade point average variable has no significant effect on financial literacy, socio-economic variables have no significant effect on financial literacy, demographic variables have no significant effect on financial literacy, and the saving behavior variable has been proven to have a significant effect on financial literacy. In addition, the grade point average, socio-economic, demographic, and saving behavior variables together (simultaneously) have a positive and significant influence on financial literacy. Keywords: grade point average, socio-economics, demographics, saving behavior, financial literacy I. INTRODUCTION Improving soft skills, like managing finances for companies and individuals, is crucial to mitigate the effects of global competition. As stated by Ismail (2018), failure to manage individual finances can cause serious, lasting problems, not only for the individual but also for the company. Therefore, individual financial management behavior has received increasingly active attention from researchers in recent years. Birari and Patil (2014) said that today's young generation rarely practices basic financial skills, such as planning, making regular personal savings, or long-term financial planning. Mien (2015) stated that today's young generation needs to be given education about finance so that they develop financial attitudes, financial behavior, and knowledge of finance. They suggested that authorities such as the government, financial institutions, and campuses provide seminars, education, and financial training more often so that people are financially literate.