Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)

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Developing Financial Literacy Instruments for Youth: An Indonesian Context

Authors
Siti Parhah1, *, Leni Permana1, Dadang Dahlan1
1Universitas Pendidikan Indonesia, Bandung, Indonesia
*Corresponding author. Email: sitiparhah@upi.edu
Corresponding Author
Siti Parhah
Available Online 26 June 2024.
DOI
10.2991/978-94-6463-443-3_41How to use a DOI?
Keywords
Financial Literacy; Instruments; Youth
Abstract

Many people still experience fraud in using various financial products and services, showing the importance of increasing financial literacy from a young age. In order to measure the level of financial literacy of young people in Indonesia and determine appropriate measures to improve it so that they can make better financial decisions, it is important to develop standardised financial literacy instruments that are in accordance with regulations and conditions in Indonesia. Using research and development methods, this research has produced a comprehensive financial literacy instrument consisting of 30 items. Content includes money and transactions, planning and managing finances, risk and reward, and financial landscape. The cognitive process includes identifying financial information, analysing information in a financial context, evaluating financial issues, and applying financial knowledge and understanding context consists of individuals, families, and society. Item format consists of simple multiple-choice with a single response selection, complex multiple-choice with multiple response selections, and open response.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2024
ISBN
978-94-6463-443-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-443-3_41How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Siti Parhah
AU  - Leni Permana
AU  - Dadang Dahlan
PY  - 2024
DA  - 2024/06/26
TI  - Developing Financial Literacy Instruments for Youth: An Indonesian Context
BT  - Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
PB  - Atlantis Press
SP  - 306
EP  - 311
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-443-3_41
DO  - 10.2991/978-94-6463-443-3_41
ID  - Parhah2024
ER  -