The First Android Based Sharia Fintech Innovation In Indonesia To Increase Inclusive and Literate on Society’s Finance

Technology has become the part of today’s people life. Then, it is actually close to the application of it. Absolutely, it has example; such as the electricity for having more sophisticated in financial technology (Fin-Tech). The simplicity and speed of this technology have led people to adopt it in everyday’s life. One of the innovations in developing business and the economy, especially in the banking sector, is currently to develop Fintech (Financial Technology) which is able to facilitate all types of buying and selling transactions, investments and fundraising. Next, the purpose of this study is to explain and provide an understanding of the technical, procedures and benefits of the application, it is called Sharia FinTech. Then, it is also to contribute to the literature on the capacity of the latest technological and non-technological innovations. The research method used is descriptive research method with a qualitative approach. It is to describe and explore the phenomena in the form of engineering human innovation in the financial technology industry. It is done by taking into account the characteristics, quality, and interrelationships between activities It has several aspects; they are: conducting the observation, having an interview session, creating the documentation, and the last one is doing the Literature review. The result of this study is to increase the knowledge, skills and confidence of the community in managing personal finances to be better and to provide access to be having convenient and accountable financial services. Afterwards, this study linits on explaining and providing an understanding of the technical, procedure and benefits of Sharia Fintech for all people in need. Thence, the limitation of the research only discusses the role of Islamic Fintech in increasing the public financial inclusion and literacy. As for the the next researchers, they can be even wider by adding the collaboration of fintech and the banking world. The novelty of this research is the use of the android application as a digital platform in financial inclusion and literacy.

Finanças pessoais dos estudantes do IFPI – Campus - Picos / Personal finances of IFPI students – Campus - Picos

A presente pesquisa investigou o nível de conhecimento sobre finanças pessoais e economia doméstica dos alunos do IFPI, Campus-Picos, no ano de 2019, e como os alunos administram o dinheiro que possuem, se fazem algum planejamento e/ou investimento. Sabe-se que com o aumento das possibilidades de consumo, a educação financeira torna-se mais necessária para despertar a consciência da população quanto às suas decisões individuais e familiares relacionadas a seus recursos. Adotou-se a metodologia de pesquisa exploratória e de campo com análise estatística descritiva dos dados obtidos. Como resultados obteve-se que a maior parte dos alunos se preocupa com seu futuro financeiro e tem realizado o hábito de poupar e gastar apenas o mínimo necessário com contas obrigatórias. Ademais, a pesquisa evidenciou o perfil empreendedor de muitos alunos ao demonstrarem como possibilidade de investimento a abertura de empresas. Conclui-se que a educação financeira revela-se extremamente importante para os jovens, recomendando-se o seu ensino nas escolas, pois sua aplicação como disciplina permite que as pessoas tenham um equilíbrio orçamentário, descubram melhores investimentos e, com isso, possuam melhor qualidade de vida com a realização de seus projetos.

FINANCIAL DECISION MAKING AMONG YOUNG ADULTS: AN AHP APPROACH

In an uncertain economic environment, the decision-making process regarding personal finances relies heavily on personal experience and behavior, and is largely influenced by a variety of psychological and socio-demographic factors. The aim of this paper is to analyze the key factors of the decision-making process regarding financial choices of the population of young adults in the Republic of North Macedonia, and to further explain young people’s motives for the proposed decision and the conditions under which the decision was made. The research was conducted through an AHP-based questionnaire that was distributed to respondents ranging in age from 18 to 35 years. According to the obtained results, the respondents value financial security the most, hence their primary choice is investment in real estate and commodities. Young adults are less inclined to invest, especially in the more complex financial instruments. The developed AHP model will help young people make better, fact-based financial choices.

Precarity Before and During the Pandemic: International Student Employment and Personal Finances in Australia

There is mounting evidence of increased international student financial and work precarity over the last decade in Australia. Yet, there has been a little scholarly analysis of which students are most affected by precarity and its sources. Drawing on two surveys of international students in Australia's two largest cities, conducted before and during the pandemic, we investigate the financial and work vulnerabilities of international students. We demonstrate that vulnerability is related to characteristics which describe particular cohorts of students: being from low-income countries, working class families, seeking a low-level qualification, enrolled in a non-university institution, and being without a scholarship. The concepts of “noncitizenship” and “work precarity” are used to explain how the mechanisms of each characteristic heighten vulnerability, thereby contributing to a broader evidence-base about the causality of international student precarity.

Aplikacje PFM jako FinTech w finansach osobistych

Modern technologies play an increasingly important role in everyday life and, consequently, in planning and managing personal finances. The aim of the study is to assess the advantages and disadvantages as well as the opportunities and threats of using modern financial technologies in the process of managing personal finances. The chapter seeks to answer the research question whether the further development of the FinTech industry will influence the greater diversification of PFM applications in terms of functionality. The chapter consists of three main parts. The first presents the characteristics of PFM applications as a personal finance management tool. The second part provides a SWOT analysis of PFM. The chapter ends with a presentation of the results of primary and secondary research on the use of PFM applications and a conclusion.

Financial Management Capabilities Among Personnel in a State University in The Philippines

Financial management is a key factor in achieving financial autonomy. Like other employees overseas, Filipino employees too are facing financial inadequacy, in one way or another. Thus, this descriptive study was conducted to assess the financial management of the personnel in the West Visayas State University Calinog Campus, Iloilo, Philippines. Using the duly validated and pilot-tested questionnaire, this study examined the three (3) aspects of financial management, namely: financial literacy; financial attitude; and financial management practices. It revealed that the respondents have an average level of financial literacy indicating that employees already possess knowledge in handling personal finances. The financial attitude of the respondents is relatively practical spenders as evident in "comparing prices when shopping for purchases" and "spending less than income". As to financial management practices, most of the respondents put money in the bank in order to cope with the growing expenses of the respondents' children's education. At some point, some employees venture into investments such as livestock and business. Financial management program may be conducted to improve the economic and financial stability of the employees. Emphasis may center on budgeting, expenditure, and saving mechanisms to achieve financial literacy.

Pelatihan Tata Kelola Keuangan Bagi UMKM untuk Meningkatkan Kinerja di Masa Pademi Pada Kedai Canai Incos Putri

Sebagian besar pelaku UMKM tersebut memiliki masalah dalam pengelolaan keuangan, beberapa masalah pengelolaan yang dijumpai pada UMKM adalah: Masih tercampurnya keuangan usaha dengan keuangan pribadi; penentuan harga pokok produk dilakukan secara sederhana dan intuitif, tanpa menghitung biaya yang dikeluarkan dengan cermat; kurangnya pengetahuan mengenai pencatatan keuangan dan pengelolaan keuangan. Adapun kriteria penerima BPUM adalah WNI yang memiliki KTP, memiliki usaha mikro yang dibuktikan dengan surat pernyataan dari lembagapengusul, serta memiliki rekening di Bank Umum. Pengabdian masyarakat bertujuan untuk membantu UMKMmampu melengkapi administrasi dan pencatatan keuangan saat kondisi likuiditasusaha mengalami penurunan, sehingga dapat tumbuh dan berkembang kembali dalammeningkatkan produktivitas usahanya di masa Pandemi Covid-19. Keluaran dariprogram ini adalah pelaku kegiatan UMKM mendapatkan pengetahuan mengenaipengelolaan keuangan yang tepat Canai Incos Putri.The most of these UMKM actors have problems in financial management, some of the management problems encountered in UMKM are: There is still a mix of finances with personal finances; determining the cost of the product is carried out simply and intuitively, without calculating the costs incurred; lack of knowledge about financial records and financial management. The criteria for BPUM recipients are Indonesian citizens who have ID cards, have micro businesses as evidenced by a statement letter from the proposing institution, and have an account at a commercial bank. Community service aims to help UMKM to be able to complete administrative and financial records when business liquidity conditions decline, so that they can grow and develop again in increasing growth during the Pandemic Covid-19. The output of this program is that the perpetrators of UMKM activities gain knowledge about proper financial management off Canai Incos Putri.

The influence of the COVID 19 pandemic on financial education

"ABSTRACT. Pandemic situation has changed the way we work, learn and shop. Digital finance has helped individuals and companies to meet challenges. The forecasts for the impact of COVID 19 on the world economy are pessimistic. The latest revision of the International Monetary Fund shows a deeper recession than the initial estimates for 2020 and a slower recovery in 2021. Some industries were completely blocked, others were significantly declining. The impact of the restrictions imposed by the epidemiological situation were negative in industries like the automotive industry, airlines, travel agencies, tour operators, hotels, restaurants, entertainment and construction. There were also industries whose activity had an increase due to the pandemic like courier, transport and health services. The need to maintain social distance has pushed forward digital solutions for payments and banking services. People have been taken out of their comfort zone when it comes to managing personal finances. The discrepancies between poor and rich countries became more evident during this pandemic. Lack of activity, limited opportunities to spend money and uncertainty have increased saving behavior. According to Eurostat, the saving rate of households in the euro area increased by 16.6% in the second quarter of 2020 compared to the first, but the investment rate decreased by one percent. Speaking of the crisis in general and the financial crisis in particular, it has been shown that it has significantly changed the financial behavior of individuals. This paper aims to analyze how financial education led to different financial behavior during the crisis and the exclusions circumstances that may occur. Keywords: Covid-19, financial education, personal finances. JEL classification: I15, A29, D14. "

An Assessment Model for Wealth Management Banks Based on the Fuzzy Evaluation Method

COVID-19 has led people to question numerous aspects of life, including family budgetary arrangements and wealth management. The COVID-19 pandemic has thrown many of us a financial curveball. Managing personal finances is important, particularly during a crisis, such as the COVID-19 pandemic. Although the economic consequences are evident, financially induced stress caused by uncertainty is less visible. Individual wealth increments and firm size measures have brought a commensurate increment in their respective resources. Thus, monitoring these resources and coordinate investment exercises is necessary to preserve resource development. The best method to improve wealth management banks is to consider competitive preferences by designating a set of wealth management bank selections to oversee individuals’ wealth viably. This paper provides a step-by-step assessment guide for wealth management banks using multiple-criteria decision-making to illustrate the appropriateness of the proposed technique. We found that the two primary aspects of wealth management bank evaluations are transaction safety and professional financial knowledge. The proposed approach is relatively straightforward and appropriate for such key decision-making issues.

Pengaruh Perilaku Konsumtif, Jenis Kelamin, dan Pendapatan terhadap Pengelolaan Keuangan Pribadi Karyawan Divisi Garment PT Dan Liris Sukoharjo

The development of online marketing facilitates promotion and increases interest in shoping for male and female consumers. The interest in shoping become a problem in management of personal finance, when income is limited. Especially for group of people who receive income as emlpoyees. The puprpose of this article explains the influence of consumptive behavior, gender, and income on management of employee personal finances in the garment division of PT Dan Liris Sukoharjo. This study uses standardized linier regression models. The data analyzed came from convenience sampling method. The sample size is 43 employees. Data collection was done by quesionnaires. The data is processed using SPSS 16.0 software. The result of the analysis show that income has a significant effect on management of employee personal finances while consumptive behavior and gender have no significant efect on management of employee personal finances. However, together it was found that there was a significant influence on consumptive behavior, gender and income on management of employee personal finances. Berkembangnya pemasaran online memudahkan promosi dan meningkatkan minat untuk membeli bagi konsumen pria dan wanita. Minat membeli barang-barang konsumtif menjadi masalah dalam pengelolaan keuangan pribadi ketika pendapatan terbatas, terutama untuk kelompok masyarakat yang menerima pendapatan sebagai karyawan. Tujuan artikel ini untuk menjelaskan pengaruh perilaku konsumtif, jenis kelamin, pendapatan terhadap pengelolaan keuangan pribadi karyawan divisi garment PT Dan Liris Sukoharjo. Penelitian ini menggunakan model regresi linier yang distandarisasi. Sampel sebanyak 43 karyawan ditarik dengan menggunakan metode convenience sampling. Pengumpulan data dilakukan dengan mengumpulkan kuesioner. Data diolah dengan menggunakan software SPSS 16.0. Hasil analisis menunjukkan pendapatan berpengaruh signifikan terhadap pengelolaan keuangan pribadi karyawan, sedangkan perilaku konsumtif dan jenis kelamin secara parsial tidak berpengaruh signifikan terhadap pengelolaan keuangan karyawan. Namun demikian, secara bersama ditemukan hasil terdapat pengaruh signifikan perilaku konsumtif, jenis kelamin dan pendapatan terhadap pengelolaan keuangan pribadi.