Financial Satisfaction Increase: Effect of Income and Financial Literacy Factors (Study of MSMEs)

DOI

10.2991/assehr.k.200130.193How to use a DOI?

Keywords

income, financial literacy, financial satisfaction

Abstract

Micro, Small and Medium Enterprises (MSMEs) will be an economic milestone in Indonesia. But in the midst of the current era of development, Indonesian MSMEs have not been able to maximize opportunities and potential in developing their business. South Solok Regency is an expansion area with thousands of MSMEs, but they still need mentoring and financing. Therefore, MSMEs need financial literacy to manage their business, in hopes of increasing income thus increasing financial satisfaction. The survey results show out of 60 MSMEs players 80% have income above IDR 5,000,000, and 62% have sufficient to a high category in financial literacy. From the test results, it can be concluded that income and financial literacy have a significant effect on financial satisfaction.

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  - Dany Fajar Nugraha
AU  - Indra Mulia Pratama
AU  - Memen Kustiawan
PY  - 2020
DA  - 2020/02/07
TI  - Financial Satisfaction Increase: Effect of Income and Financial Literacy Factors (Study of MSMEs)
BT  - Proceedings of the 3rd International Conference on Research of Educational Administration and Management (ICREAM 2019)
PB  - Atlantis Press
SP  - 320
EP  - 322
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200130.193
DO  - 10.2991/assehr.k.200130.193
ID  - Nugraha2020
ER  -