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Self-Efficacy, Religiosity, Financial Behavior, and Financial Well-Being

Table 4: Paths Test in the Structural Model

Hypothesis Path Standardized Estimate S.E C.R p-value
H1 Religiosity Financial Behavior 0.22 0.10 1.95 0.05*
H2 Self-efficacy (SE) Financial Behavior -0.38 0.08 -2.69 0.007**
H3 Religiosity Financial Well-being 0.24 0.12 3.05 0.002**
H4 Self-efficacy (SE) Financial Well-being 0.67 0.11 6.64 0.001**
H5 Financial Behavior Financial Well-being -0.10 0.15 -1.26 0.21
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