The purpose of this research is to look into financial management behavior during the COVID-19. Without a doubt, financial knowledge is an important, but in the COVID-19, the majority of people are experiencing economic insecurity, which is regarded as unique contribution when testing financial management behavior. Furthermore, Pakistan is an Islamic country, so, financial knowledge, is further subdivided into objective, subjective, and Islamic financial knowledge, with financial wellbeing serving as mediating variable. Pakistan has a diverse population of respondents, this model was tested on university students in Pakistan between the ages of 20 and 40, with the majority of respondents experiencing job and food insecurity as a result of COVID-19. The research employs a two-stage method, PLS-SEM, for reliability checking via composite reliability and average variance extract, and discriminant validity checking via HTMT ratio. According to the findings, Islamic financial knowledge as positive, and other financial knowledge as negative, and economic insecurity (food and job insecurity) also has negative and significant impact on students' financial management behavior. Financial well-being significantly acts as a bridge between independents and dependent variables. The findings imply that financial knowledge has a significant impact on financial management behavior. Policymakers and administrators should improve information disclosure while promoting financial education in order to foster trust and responsible financial conduct among people.

中文翻译：

---

COVID-19期间，主客观金融知识和经济不安全感对财务管理行为的影响：财务福祉的中介作用


本研究的目的是调查 COVID-19 期间的财务管理行为。毫无疑问，金融知识很重要，但在COVID-19中，大多数人都在经历经济不安全感，这在检验理财行为时被认为是独特的贡献。此外，巴基斯坦是伊斯兰国家，金融知识进一步细分为客观金融知识、主观金融知识和伊斯兰金融知识，并以金融福祉作为中介变量。巴基斯坦的受访者群体多种多样，该模型在巴基斯坦 20 岁至 40 岁之间的大学生中进行了测试，大多数受访者因 COVID-19 而面临工作和粮食不安全的情况。该研究采用两阶段方法 PLS-SEM，通过综合可靠性和平均方差提取进行可靠性检查，并通过 HTMT 比率进行判别有效性检查。研究发现，伊斯兰金融知识为正向，其他金融知识为负向，经济不安全感（食物和工作不安全感）也对学生的理财行为产生显着的负向影响。财务状况在自变量和因变量之间起着重要的桥梁作用。研究结果表明，财务知识对财务管理行为有显着影响。政策制定者和管理者应改进信息披露，同时促进金融教育，以促进人们之间的信任和负责任的金融行为。