Self management and entrepreneurial mindset to support the MSMEs owner's financial well-being

The purpose of this research is to determine the moderating function of self-management and entrepreneurial mindset in enhancing the effect of money attitude on FWB among owners of MSMEs (MSMEs) in Riau, Indonesia. This study used a quantitative method, utilizing primary data sources with 150 owners of MSMEs as respondents. The results of the study show that money attitude has a positive effect on financial well-being. While other results show that Self-Management and Entrepreneurial Mindset can strengthen the influence of money attitude on the financial well-being of MSME owners. The implication of this study are first, self-management encourages and strengthens MSME owners, in a positive money attitude to increase MSME owners' FWB. Second, MSME owners with an entrepreneurial mindset are willing to accept risks and uncertainty to profit by spotting substantial opportunities, integrating existing resources, and being able to incorporate their new ideas into their enterprises so that they can continue to sustain and build their businesses, hence improving the owners' FWB.