IMPROVING ECONOMIC RESILIENCE BASED ON THE VALUE OF AMARE CULTURE

2019 ◽  
Vol 1 (1) ◽  
pp. 48-59
Author(s):  
Januari Ayu Fridayani
Keyword(s):  
Financial Literacy ◽  
Qualitative Method ◽  
Literacy Education ◽  
Added Value ◽  
Financial Behavior ◽  
Economic Resilience ◽  
Group Discussions ◽  
West Kalimantan ◽  
Knowing That ◽  
Family Finances

The purpose of this research is to contribute to the border area in order to improve the economy, as one of the pillars of national security. This research was conducted in Bengkayang which is one of the regency areas in West Kalimantan. It is directly adjacent to Sarawak, Malaysia. The method used in this study is a qualitative method by carrying out focus group discussions. The material used is about financial literacy and financial behavior as one of the efforts that can be done to improve the economic resilience of a region. The target of this study is housewives, because housewives are important figures in managing family finances. The added value highlighted in this study is the existence of aspects of spirituality that are adapted to the beliefs held by the group studied and synergized in the provision of material, namely the value of amare culture. The results of this study were found to be a phenomenon that although in border areas, the community had received financial literacy education, however it did not get a good response, a lack of implementation of financial literacy had an impact on negative financial behavior patterns, when knowing that financial literacy can be used as a means of manifesting the faith adopted by enthusiastic housewives and giving a positive response.  

Conceptualizing financial capability: evidence from Indonesia

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Arief Wibisono Lubis
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Qualitative Method ◽  
Microfinance Institutions ◽  
Group Discussions ◽  
Financial Capability ◽  
Content Type ◽  
Developed Economies ◽  
South Sulawesi ◽  
Limited Generalizability

Purpose This paper aims to investigate how microfinance institutions’ clients in Indonesia conceptualize financial capability. Previous investigations on the concept were mostly in the lenses of those in the developed economies. Design/methodology/approach A qualitative method was used, in which focus group discussions (FGDs) and interviews were conducted with microfinance institutions’ clients and management in four provinces in Indonesia: DKI Jakarta, DI Yogyakarta, West Nusa Tenggara and South Sulawesi. Findings The results exhibit some similarities with those of previous studies that highlight the importance of financial management and financial planning for strategic purposes. However, financial literacies perceived as less important due to the lack of awareness of the concept and its benefits. Research limitations/implications This research is only focused on certain groups of the population which implies its limited generalizability. One important implication is for policymakers and scholars to re-examine the value of financial literacy within the context of Indonesia. Although the interviews reveal skepticisms on the instrumental value of financial literacy, robust investigations are further needed. Originality/value This study is the first that uses the participatory method to define financial capability as understood by microfinance institutions’ clients in Indonesia.

A review of financial-literacy education programs for children and adolescents

2017 ◽  
Vol 17 (1) ◽  
pp. 56-80 ◽  
Author(s):  
Aisa Amagir ◽  
Wim Groot ◽  
Henriëtte Maassen van den Brink ◽  
Arie Wilschut
Keyword(s):  
Children And Adolescents ◽  
Financial Literacy ◽  
Financial Education ◽  
Literacy Education ◽  
Financial Behavior ◽  
Education Programs ◽  
Effective School ◽  
Positive Effects ◽  
School Based ◽  
Key Characteristics

In this systematic literature review, we evaluate the effectiveness of financial-literacy education programs and interventions for children and adolescents. Furthermore, the key characteristics of the design of a successful financial-education curriculum are described. The evidence shows that school-based financial-education programs can improve children’s and adolescents’ financial knowledge and attitudes. Studies that assess the intention to practice good behavior and studies based on self-reported behavior also report positive effects. However, studies that assess the effects of financial education on children’s and adolescent’s actual financial behavior are scarce, and show hardly any effect. A promising method to teach financial literacy to children and adolescents in primary and secondary school is “experiential learning.” In college, the focus should be on specific “life events” of students. The findings may be useful for designing an effective school-based financial education program.

scholarly journals Bagaimana Literasi dan Perilaku Keuangan pada Generasi Milenial?

Telaah Bisnis ◽  
2021 ◽  
Vol 20 (1) ◽  
pp. 1
Author(s):  
Mega Noerman Ningtyas ◽  
Novi Lailiyul Wafiroh
Keyword(s):  
Financial Literacy ◽  
Financial Services ◽  
Social Life ◽  
Literacy Education ◽  
Financial Behavior ◽  
The Public ◽  
High Level ◽  
And Behavior ◽  
Attitudes And Behavior ◽  
Positive Effect

The rise of illegal investment in Indonesia has made the OJK more vigorously conducting financial literacy education to the public. It is hoped that victims of illegal investment can be minimized in such a way that they can increase inclusion and public trust in financial services institutions and products in Indonesia. Research shows that individuals who have a high level of financial literacy will tend to do good financial planning such as: saving, making budgeting, paying debts on time and investing. This study aims to measure the level of financial literacy and how it affects financial behavior in millennial generations. Millennial generation here is the generation born between 1980-1994. This generation has unique characteristics where it is very concerned about social life and tends to be more consumptive than the previous generation. This is what makes it difficult for this generation to wisely manage finances. The results of this study indicate that financial literacy shows a significant positive effect on financial behavior. From this research it can be said that differences in knowledge will lead to differences in attitudes and behavior.

Financial Literacy Education Through Fiqh Mu'āmalāt Learning

2019 ◽  
Author(s):  
Adib Rifqi Setiawan
Keyword(s):  
Research And Development ◽  
Financial Literacy ◽  
Lesson Plan ◽  
Literacy Education ◽  
Assessment Instrument ◽  
Learning Program ◽  
Development Study

The goal of this research and development study is to gain the design for financial literacy education through fiqh mu’āmalāt learning program. It was gained a syllabus that completed by lesson plan, student worksheets, nor assessment instrument as well, that validated by experts and practitioners and reliability counted based on test.

The Two Spectacular Achievements of CFPTRW, Banasthali Vidyapith in Financial Literacy Education in India

2015 ◽  
Author(s):  
Harsh Purohit ◽  
Nidhi Choudhary ◽  
Divya Mehta ◽  
Parul Tyagi ◽  
Monika Dwivedi
Keyword(s):  
Financial Literacy ◽  
Literacy Education ◽  
Education In India

Can Financial Literacy Education Reduce the Use of Medicaid and SNAP?

2020 ◽  
Author(s):  
Abdullah A. Al-Bahrani ◽  
Darshak Patel ◽  
Jamie Weathers
Keyword(s):  
Financial Literacy ◽  
Literacy Education

scholarly journals The influence of demographic factors and financial literacy on the financial behavior

2021 ◽  
Vol 10 (1) ◽  
pp. 33
Author(s):  
Agustina Rosa Iriani ◽  
Caecilia Wahyu Estining Rahayu ◽  
Christina Heti Tri Rahmawati
Keyword(s):  
Financial Literacy ◽  
Demographic Factors ◽  
Financial Behavior ◽  
Chi Square ◽  
Purposive Sampling

Penelitian ini bertujuan untuk mengetahui (1) pengaruh faktor demografi terhadap perilaku keuangan mahasiswa Fakultas Ekonomi Universitas Sanata Dharma; dan (2) pengaruh literasi keuangan terhadap perilaku keuangan mahasiswa Fakultas Ekonomi Universitas Sanata Dharma. Jenis penelitian ini menggunakan metode survei. Penelitian ini membagikan 100 kuesioner untuk memperoleh data responden. Teknik pengambilan sampel menggunakan purposive sampling. Teknik analisis data yang digunakan adalah analisis crosstabulation dan analisis Chi Square. Hasil penelitian ini menunjukkan bahwa faktor demografi (pekerjaan orangtua, pendidikan orangtua, dan pendapatan orangtua) tidak berpengaruh terhadap perilaku keuangan mahasiswa Fakultas Ekonomi Universitas Sanata Dharma. Sedangkan, literasi keuangan berpengaruh terhadap perilaku keuangan mahasiswa Fakultas Ekonomi Universitas Sanata Dharma. Implikasi penelitian ini, meningkatnya literasi keuangan mahasiswa Fakultas Ekonomi Universitas Sanata Dharma diharapkan dapat meningkatkan perilaku keuangan mahasiswa menjadi lebih baik sehingga mampu meningkatkan kesejahteraannya.Kata kunci: Faktor demografi; literasi keuangan, perilaku keuangan

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