Financial Literacy for Rural Resident: A Qualitative Study

DOI

10.2991/ahsr.k.200723.016How to use a DOI?

Keywords

financial, literacy, rural, residents, qualitative

Abstract

The level of financial literacy has influenced several personal financial decisions. However, the level of financial literacy in rural communities is quite low. The development of personal curriculum plays a role in increasing the basic knowledge of finance so that it will also affect the rationality of a person to use his money. The first step is to analyze what they need. The purpose of this study is to describe the knowledge, attitudes, and financial behavior of rural communities to provide curriculum solutions that are appropriate for their own personal financial education. The method used in this study is a qualitative approach using semi-structured interviews that are used to explore the knowledge, attitudes and behavior of rural communities in managing finances. Interviews have been conducted together with eleven informants, the number consisting of 6 men and 5 women. The eleven speakers come from different educational backgrounds and have different livelihoods. The results of this study are analyzing the personal finances of sources, knowledge and financial management, and financial planning in the future. Based on these results it can be concluded that the financial literacy of the people of Junrejo village is very low so that the people of Junrejo village hope to be able to take part in financial training. Therefore, it is expected that intervention from all parties is needed to improve financial literacy.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Nur Anita Yunikawati
AU  - Magistyo Purboyo Priambodo
AU  - Emma Yunika Puspasari
AU  - Marzanah A Jabbar
AU  - Fatimah Sidi
PY  - 2020
DA  - 2020/07/24
TI  - Financial Literacy for Rural Resident: A Qualitative Study
BT  - Proceedings of the 1st International Conference on Science, Health, Economics, Education and Technology (ICoSHEET 2019)
PB  - Atlantis Press
SP  - 69
EP  - 72
SN  - 2468-5739
UR  - https://doi.org/10.2991/ahsr.k.200723.016
DO  - 10.2991/ahsr.k.200723.016
ID  - Yunikawati2020
ER  -