scholarly journals LITERASI KEUANGAN DALAM PERSPEKTIF MAHASISWA: (STUDI KASUS MAHASISWA FEBI IAIN LHOKSEUMAWE)

2019 ◽  
Vol 4 (1) ◽  
pp. 45
Author(s):  
ISMAULINA ISMAULINA ◽  
SURYANI SURYANI
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Income Level ◽  
Average Score ◽  
Income Levels ◽  
Financial Decisions ◽  
Frequency Test ◽  
Economics Faculty ◽  
Economics Department ◽  
The Right

Every individual wants a happy and prosperous life. To achieve that it takes knowledge of financial literacy in order for someone to avoid financial problems. This study aims to examine how the level of financial literacy students majoring in Islamic economics Faculty of Economics and Business Islam (FEBI) IAIN Lhokseumawe. And whether the level of income affects the management and financial decisions of students of the Department of Sharia Economics FEBI IAIN Lhokseumawe. Respondents studied are students who come from FEBI majoring in Sharia Economics amounted to 100 people. Mean and frequency test were used in this study. The result of the study shows that the average score of financial literacy students of Economics Department of FEBI IAIN Lhokseumawe of 3.27 (65.4%) means that the level of student financial literacy is still far from the optimum or still quite enough, even close to the low category so it should be increased especially related to the knowledge of expenditure, credit, savings and investment. The average student income level lies in the medium/moderate category of 56%. Giving meaning differences in student income levels affect financial management and make the right financial decisions. 

scholarly journals Evaluating the Role of Ethnicity on Gardening Purchases and Satisfaction

HortScience ◽  
2007 ◽  
Vol 42 (2) ◽  
pp. 262-266 ◽  
Author(s):  
Jennifer H. Dennis ◽  
Bridget K. Behe
Keyword(s):  
Market Segmentation ◽  
Factor Score ◽  
Income Level ◽  
Average Score ◽  
Lower Income ◽  
Related Activity ◽  
Income Levels ◽  
Product Categories ◽  
Internet Study

In Sept. 2004, an Internet study was conducted to evaluate and determine differences in gardening participation, purchases, and levels of satisfaction and regret by ethnic background. Consumers were asked to identify their participation in seven gardening activities and about the purchase of 12 gardening product categories. The sample was stratified by income and age. The number of differences in garden-related activity participation and purchases decreased as income level increased across ethnic groups. At every income level, persons of Caucasian descent had a higher satisfaction average score and factor score and higher regret mean score and factor score. This indicated that Caucasians did experience greater satisfaction and less regret than persons of other ethnic backgrounds, regardless of income. For marketers, this shows a heterogeneous market at lower-income levels and a more homogeneous market at upper-income levels. Ethnicity could be used as a basis for market segmentation, and differences are indeed present.

Impact of Financial Attitude, Financial Literacy and Parental Financial Socialization on Prudent Financial Management Practices: A Moderating Effect of Financial Well-Being among the Youth of Pakistan

2021 ◽  
pp. 14-33
Author(s):  
Syed Hamza Farooq ◽  
Syed Zulfiqar Ali Shah ◽  
Shahid Rasheed
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Management Practices ◽  
Well Being ◽  
Moderating Effect ◽  
Financial Socialization ◽  
Market Place ◽  
Online Questionnaire ◽  
Parental Financial Socialization ◽  
The Right

This study intends to explore the effect of Financial Attitude, Financial Literacy, and ParentalFinancial Socialization on the prudent financial management practices, amid the youth of Pakistan with moderating effect of Financial Well-Being. The population consist over the youth of Pakistan for which the data was collected through an online questionnaire. The study adopted the quantitative approach for which the data from 450 respondents was collected. Subsequently, the data was analyzed with the help of Smart PLS. The results indicated that Parental Financial Socialization, Financial Attitude, and Financial Literacy have a significant and positive relationship with Prudent Financial Management Practices. However, Financial Well-Being does not have significant moderating effect with Parental Financial Socialization, Financial Literacy, and FinancialAttitude. The results further highlighted serious concerns of the effectiveness of Financial Well-Being towards improving youth capabilities in managing their financial affairs in the marketprudently. It shows that challenges faced by the youth in the country market to strengthen thefinancial well-being of an individual by guiding them thoroughly, enhance the effectiveness, andencompass the right elements pertains to financial well-being to ensure today's young Pakistaniability to apply that in the real market place and have full financial freedom Keywords: Financial Attitude, Parental Financial Socialization, Financial Literacy, Prudent FinancialManagement Practices, Financial Well-Being

scholarly journals Individual Investors' Financial Behaviour and Financial Attitude: Role of Financial Literacy as Moderator in Decision Making

2021 ◽  
Vol VI (I) ◽  
pp. 200-213
Author(s):  
Sadaf Ambreen ◽  
Laiba Khalid ◽  
Aniqa Zubair
Keyword(s):  
Decision Making ◽  
Financial Literacy ◽  
Financial Management ◽  
Individual Investors ◽  
Individual Investor ◽  
Financial Decisions ◽  
Financial Decision Making ◽  
Financial Decision ◽  
Financial Management System

As an individual investor, it is incredible to have a successful performance return without financial knowledge. An organization's performance must be measured and analysed based on an adequate financial management system. In today's multifaceted financial scenery Financial Literacy is crucial as it does not only impact financial decisions at the business level but is also important for the country's development. Financial literacy has the importance of the backbone of society. The study adds a new mechanism of financial literacy. The main objective of this study is to determine further insight into the role of financial literacy on an individual's behaviour and attitude towards financial decision making. For analysis, the moderator impact of financial literacy on decision-making data of 100 individual investors has been collected from different banking sectors of Pakistan. The result of this study shows that financial literacy has a significant impact on financial decision making. This study delivers knowledge that can contribute to guiding coming studies, making policies, directors and instructors in their teaching.

scholarly journals FINANCIAL LITERACY AND RISK PROFILE: AN EXTENSIVE OBSERVATION ON BANK EMPLOYEES

2021 ◽  
Vol 19 (1) ◽  
pp. 175-186
Author(s):  
Sylviana Maya Damayanti ◽  
◽  
Pramudya Wicaksana ◽  
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Demographic Factors ◽  
Sampling Technique ◽  
Well Being ◽  
Risk Profile ◽  
Financial Decisions ◽  
Bank Employees ◽  
And Gender ◽  
High Level

People with a high level of financial literacy tend to have better financial management skills to realize their financial well-being through effective financial decisions including investing according to their risk profile. The banking industry is an industry that has the highest inclusive level selected because it can represent financial literacy conditions. On the other hand, the gap between financial inclusion and financial literacy leads to a large number of investment (illegal) cases and complaints to regulators. The purpose of this research is to find out the level of financial literacy and type of risk profile, factors that affect it with bank employees in Bandung as research objects. The sampling technique used is a non-probability sampling technique that is purposive sampling with a total of 408 respondents. Data collection is through online questionnaires. There are three sections questionnaire, demographic factors, financial literacy, and risk profile. The data processing techniques used are descriptive statistical analysis and multiple regressions. The results showed that bank employees in Bandung had financial literacy indexes categorized as “medium” or “sufficient” (66.7%) with a risk profile index of “moderate” type (60%). Demographic factors that affect financial literacy are age, education level, and organizational position. While the factor that affects the risk profile is age and gender. Research has also revealed a strong correlation between financial literacy and risk profile.

scholarly journals The Mediating Role of Attitude Toward Money on Students’ Financial Literacy and Financial Behavior

2020 ◽  
Vol 4 (2) ◽  
pp. 58
Author(s):  
Nurdian Susilowati ◽  
Kardiyem Kardiyem ◽  
Lyna Latifah
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Descriptive Analysis ◽  
Research Result ◽  
Financial Behavior ◽  
Direct Influence ◽  
State University ◽  
Mediating Role ◽  
Economics Faculty

This research aims at discovering the direct influence of financial literacy on financial behavior; finding out the indirect influence of financial literacy on financial behavior through attitude toward money; and figuring out the direct influence of attitude toward money on financial behavior. This research was conducted at Economics Faculty of State University of Semarang or UNNES with its sample being students who had taken budgeting and financial management courses. The sample was taken using proportionate random sampling and 230 respondents were obtained. The data were collected using questionnaire and they were then analyzed using descriptive analysis and path analysis. Based on the first research result, it was found that financial literacy had direct influence on financial behavior. High financial literacy determined a good financial behavior in the future. Secondly, attitude toward money successfully mediated the influence of financial literacy on students’ financial behavior. Thirdly, attitude toward money has a direct influence on financial behavior. In general, students have good financial literacy, attitude towards money, and financial behavior. This allowed them to have a clear priority for their future.

scholarly journals Financial Well-being of State and Local Government Retirees in North Carolina

2020 ◽  
pp. 184-206
Author(s):  
Robert L. Clark ◽  
Siyan Liu
Keyword(s):  
North Carolina ◽  
Financial Literacy ◽  
Financial Management ◽  
Well Being ◽  
Retirement Savings ◽  
Management Skills ◽  
Financial Decisions ◽  
Standards Of Living ◽  
State And Local Government ◽  
State And Local

This chapter analyzes how low- and moderate-income retirees utilize retirement savings, and how financially fragile they are, relying on survey data on public employees in North Carolina. We investigate whether retirees make systematic errors when they manage their assets so as to maintain their standards of living, and whether there are notable differences in financial management skills across subgroups. We also ask whether financial literacy is positively associated with lower rates of committing such errors and, and whether low-income households have lower levels of financial literacy leaving them likely to make poor financial decisions. We show that many retirees have no emergency cash, and one quarter maintain high-interest debt while leaving low-return funds in retirement saving plans. Suboptimal debt holding is associated with lower household income and lower financial literacy.

scholarly journals Financial Well-Being of Nigerian Family in Ikeja Lagos State Nigeria

2019 ◽  
Vol 7 (1) ◽  
pp. 1-8
Author(s):  
Ogunleye Kemisola Christianah ◽  
Mohamad Fazil Sabri ◽  
Shamsul Azahari Zainal Badari
Keyword(s):  
Local Government ◽  
Financial Literacy ◽  
Financial Services ◽  
Financial Management ◽  
Well Being ◽  
Financial Strain ◽  
Financial Decisions ◽  
Recent Advancement ◽  
Financial Economy ◽  
Market Restructuring

With the recent advancement in the financial economy, it has become pertinent to families to be knowledgeable and adept in handling their finances. Financial markets terrain has increased so much, resulting in the availability of a more extensive choice of financial products and services, thus making financial decisions more complex and demanding. The ease of accessibility to inventive loans and credit services, financial market restructuring and technological advancements in the mode of offering and distributing financial services have indisputably left several individuals with a puzzling assortment of savings opportunities and decisions that need to be made. Therefore, this study was conceptualized to examine the factors that determine the financial well-being of Nigerian families in Ikeja local government, Nigeria. The researcher employed a stratified random sampling in selecting the number of employees, and 400 questionnaires were distributed to achieve a reasonable responses rate. As such, eighty (80) questionnaires were distributed to each of the five departments selected. From the study, it was shown research showed that majority of the respondents were female between the age ranges 20 to over 60 years. Results of the study showed that there was a significant relationship between financial well-being and financial management and financial strain expect for financial literacy. The regression analysis showed that the factors (financial literacy, financial stress, and business management) jointly for 45.7% of the variance in financial well-being. It was suggested that to improve economic prosperity among the employees in the local government, in Ikeja Lagos, Nigeria, an active factor is needed for family financial well-being.

scholarly journals Effectiveness of Education Module Implementation on Increasing Islamic Financial Literacy and Halal Literacy of MSMEs Perpetrators

2018 ◽  
Vol 10 (1) ◽  
pp. 51-58
Author(s):  
Ikka Nur Wahyuny ◽  
Wiedy Murtini ◽  
Lukman Hakim
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Group Development ◽  
Sampling Technique ◽  
Literacy Education ◽  
Average Score ◽  
Control Group ◽  
Transfer Of Knowledge ◽  
Design Development ◽  
The Impact

This research was conducted to measure the impact of the implementation of Islamic Financial Literacy Education Module and Halal Product for Micro, Small and Medium Enterprises (MSMEs). The population in this study is the perpetrators of SMEs that run their business in the region of Yogyakarta Special Region. The sampling technique used is purposive sampling so that the sample used is 60 with the division of 30 experimental group and 30 people as the control group. Development of media using ADDIE model. Educational module has been through the phase of analysis, design, development, and implementation of MSMEs. At the evaluation stage, measurements are made to the perpetrators of SMEs with paired t test. The results of effectiveness test show the use of Islamic Financial Literacy Education Module and Halal Product can increase Islamic financial literacy and halal literacy of MSMEs perpetrators. Increased Islamic financial literacy and halal literacy can be seen from the average score before and after the use of Islamic financial literacy learning module and halal literacy. The conclusion of this research is a module with an important syariah theme done to provide ease in the transfer of knowledge of Islamic financial management and halal literacy for MSMEs.

scholarly journals Management of citizens savings accounting the financial literacy factor under digitalization

E-Management ◽  
2020 ◽  
Vol 2 (4) ◽  
pp. 92-100
Author(s):  
N. N. Zinevich ◽  
I. V. Indychenko
Keyword(s):  
Financial Market ◽  
Financial Literacy ◽  
Personal Responsibility ◽  
Financial System ◽  
Growth Trend ◽  
Financial Decisions ◽  
Accounts Payable ◽  
Return On Capital ◽  
Distribution Of Resources ◽  
The Right

The favorable development of the country’s economy depends on the correct distribution of its resources, meanwhile, the higher the return on capital ratio, taking into account all existing risks, the more promising economic development in the long term. Financial literacy of Russian citizens is an important aspect of the financial market and the financial system as a whole, which affects the distribution of resources in the country. The purpose of the study is to establish the relationship between financial literacy and savings in the conditions of digitalization.The main resource possessed by the population are their savings. In a market economy, there is a wide variety of savings and investment opportunities, while it is quite difficult for an individual who does not have a sufficient level of knowledge in the field of finance to make the right decision about the storage and distribution of his temporarily free cash. This can lead to excessive accounts payable, fraud, dependence on the crisis in the country, and as a result – to the loss of part of the accumulated funds. Recently, one can notice a growth trend in cash incomes and savings of the population, as well as an expanding market for financial products and services, which increases personal responsibility for financial decisions made by an individual.In this regard, the problem of increasing financial literacy is facing the state quite acutely, because economic growth, investment attractiveness, development of the financial market, stability of the financial system and increasing the competitiveness of the Russian economy depend on it.

scholarly journals Workshop Financial Literacy Untuk Siswa SMK SASMITA

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Kiki Dwi Wijayanti ◽  
Yossy Wahyu Indrawan ◽  
Elizabeth Tika Kristina Hartuti ◽  
Zaenal Abidin ◽  
Ade Yusuf
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Group Discussion ◽  
Visual Display ◽  
School Age ◽  
Service Activity ◽  
Power Point ◽  
The Right ◽  
Literacy Workshop ◽  
Contemporary Approach

Kegiatan ini bertujuan untuk memotivasi serta memberikan penyuluhan bagi anak, khususnya anak dalam usia sekolah (pelajar), agar dapat mengatur  keuangan dan bisa memperioritaskan antara kebutuhan primer, skunder, dan tersier. Kegiatan pengabdian ini mengambil tema “Workshop Financial Literacy Untuk Siswa Sma 6 Tangerang Selatan. Beberapa materi pengelolaan keuangan, khususnya untuk siswa yang mendapatkan uang dari pekerjaan sampingan bisa menjadi langkah awal yang tepat untuk dilaksanakan oleh remaja menuju kemandirian ataupun kebebasan finansial atau financial freedomMetode kegiatan pengabdian yang digunakan adalah pendekatan kekinian dengan metode diskusi berkelompok sehingga dapat lebih mudah dipahami oleh siswa SMA 6 Tangerang Selatan yang rata-rata adalah pemuda dan remaja milenial yang up to date dengan keadaan saat ini. Pada metode penjelasan, setiap instruktur menyampaikan materi terkait dan membuat tampilan visual berupa slide power point yang ditampilkan ke layar dengan LCD proyektor.Kata Kunci: Financial Literacy, Financial FreedomThis activity aims to motivate and provide counseling for children, especially children of school age (students), in order to manage finances and be able to prioritize primary, secondary and tertiary needs. This service activity takes the theme "Financial Literacy Workshop for Senior High School 6 Tangerang Selatan Students. Some financial management materials, especially for students who get money from a side job can be the right first step for teenagers to take towards independence or financial freedom or financial freedom The method of service activities used is a contemporary approach with a group discussion method so that it is easier for students to understand. SMA 6 Tangerang Selatan, which on average is millennial youth and adolescents who are up to date with current conditions. In the explanation method, each instructor delivers related material and makes a visual display in the form of a power point slide that is displayed on the screen with an LCD projector.Keywords: Financial Literacy, Financial Freedom

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