Analysis of the Effectiveness of Financial Education for Small and Medium Enterprises to Increase Financial Literacy (Preliminary Study: A Small Business Enterprise in Bandung)

Malinda, Maya and Harianti, Asni and Tjandra, Miki and Meryana, Meryana (2019) Analysis of the Effectiveness of Financial Education for Small and Medium Enterprises to Increase Financial Literacy (Preliminary Study: A Small Business Enterprise in Bandung). In: 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019), 7 November 2019, Kuala Lumpur.

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Abstract

Financial education is very important to everyone including financial education on Small Business Enterprise (SBE). This preliminary study revealed that financial education can increase financial literate significantly. Using Financial Fitness Quiz built by O’Neill, there were different results before and after the training on financial planning for business and personal purpose. Among 32 participants before training, the summary of Insurance & Estate Planning and Credit Shopping, participants gave very low score which was less than 20 points, which means that they needed a lot of help to manage their finance. About Financial Management: Saving/Investing, their score was less than 40, which was categorized in financial difficulties. On contrast, after the training there was significantly different result in form of the increase of Financial Literate.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Financial Education, Small Business Enterprise (SBE), Financial Literate.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Depositing User: Perpustakaan Maranatha
Date Deposited: 20 Oct 2020 09:06
Last Modified: 11 Jan 2021 07:55
URI: http://repository.maranatha.edu/id/eprint/27408

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