v List of Contents ABSTRACT ............................................................................................................................................ i ABSTRAK ............................................................................................................................................. ii APPROVAL PAGE .............................................................................................................................. iii FOREWORD ........................................................................................................................................ iv TABLE OF CONTENTS ..................................................................................................................... v CHAPTER I INTRODUCTION .......................................................................................................... 3 I.1 Research Background .................................................................................................................. 3 I.2 Problem Statement ...................................................................................................................... 5 I.3 Research Questions ...................................................................................................................... 6 I.4 Research Objectives ..................................................................................................................... 7 I.5 Scope and Limitations ................................................................................................................. 7 I.6 Research Contributions ............................................................................................................... 8 I.7 Writing Structure ........................................................................................................................ 8 CHAPTER II LITERATURE REVIEW .......................................................................................... 10 II.1 Theoretical Foundation ....................................................................................................... 10 II.1.1 Digital Literacy ............................................................................................................ 10 II.1.2 Financial Literacy ............................................................................................................. 11 II.1.3 Digital Financial Inclusion ................................................................................................ 11 II.1.4 Subjective Well-Being ....................................................................................................... 12 II.1.5 Previous Similar Studies and Researches ........................................................................