Analysis of Financial Literacy in Financial Management by Students in High School in Bitung City
DOI:
https://doi.org/10.55927/jeda.v5i2.13Keywords:
Financial Literacy, Financial Management, High School Students, Consumer Behavior, Financial PlanningAbstract
This study aims to analyze financial literacy in financial management by high school students in Bitung City. This study used a qualitative descriptive method. Primary data were collected through semi-structured interviews with 15 high school students in Bitung City who resided in boarding houses, had studied Economics, and were actively attending school. Informants were selected using a purposive sampling technique. Data were analyzed through data reduction, data presentation, and conclusion drawing, and their validity was tested using source triangulation. The results showed that students' understanding of financial literacy was still at a basic level, particularly in distinguishing needs from wants.. There was a gap between the cognitive (knowing) and behavioral (doing) aspects of daily financial management.
The implementation of financial literacy by students tended to be less than optimal, with financial decisions often influenced by emotional factors and exposure to social media. Furthermore, most students did not yet realize the urgency of financial planning for the future. This study concludes that students' financial literacy is in a transitional stage from understanding to practice, so interventions from schools, teachers, and the environment are needed to strengthen the internalization of financial knowledge into wise and sustainable behavior.
References
Arianti, B. F. (2021). Literasi Keuangan (Teori Dan Implementasinya) Baiq Fitri Arianti Penerbit Cv. Pena Persada (W. Kurniawan (ed.)). CV. Pena Persada.
Chen B, Chen Z. Financial Literacy Confidence and Retirement Planning: Evidence from China. Risks. 2023; 11(2):46. https://doi.org/10.3390/risks11020046
Chotimah & Rohayati. (2015). Pengaruh Pendidikan Keuangan di Keluarga, Sosial Ekonomi Orang Tua, Pengetahuan Keuangan, Kecerdasan Spiritual, dan Teman Sebaya terhadap Manajemen Keuangan Pribadi Siswa S1 Pendidikan Akuntansi Fakultas Ekonomi Universitas Surabaya. 1–10.
Czech K, Ochnio L, Wielechowski M, Zabolotnyy S. Financial Literacy: Identification of the Challenges, Needs, and Difficulties among Adults Living in Rural Areas. Agriculture. 2024; 14(10):1705. https://doi.org/10.3390/agriculture14101705
Khalil S, Ismail A, Ghalwash S. The Rise of Sustainable Consumerism: Evidence from the Egyptian Generation Z. Sustainability. 2021; 13(24):13804. https://doi.org/10.3390/su132413804
Li X, Mu Y. The Effects of Development-Oriented Aid on Student Development in Higher Education: The Mediating Effect of Psychological Capital. Sustainability. 2024; 16(13):5803. https://doi.org/10.3390/su16135803
Medina-Vidal A, Buenestado-Fernández M, Molina-Espinosa JM. Financial Literacy as a Key to Entrepreneurship Education: A Multi-Case Study Exploring Diversity and Inclusion. Social Sciences. 2023; 12(11):626. https://doi.org/10.3390/socsci12110626
Mustafa WMW, Islam MA, Asyraf M, Hassan MS, Royhan P, Rahman S. The Effects of Financial Attitudes, Financial Literacy and Health Literacy on Sustainable Financial Retirement Planning: The Moderating Role of the Financial Advisor. Sustainability. 2023; 15(3):2677. https://doi.org/10.3390/su15032677
Suardi, N. A. H. (2022). Pengaruh Literasi Keuangan Terhadap Perencanaan dan Pengelolaan Keuangan Siswa SMAN 1 Maros.
Sugiyono. (2017). Metode Penelitian kuantitatif, kualitatif dan R&D.
Sulistyarini, E. (2019). Peran Literasi Keuangan Dalam Memediasi Pengaruh Sikap Keuangan, Pengetahuan Keuangan, dan Locus Of Control Terhadap Perilaku Pengelolaan Keuangan Siswa Universitas Negeri Semarang Tahun Angkatan 2016. Journal of Economic Education, 1(1), 6–7. https://lib.unnes.ac.id/29614/1/7101413025.pdf
Waluyo, F. I. A., & Marlina, M. A. E. (2019). Peran Literasi Keuangan dalam Pengelolaan Keuangan Siswa. Jurnal Media Akuntansi dan Perpajakan Indonesia, 1(1), 53–74.
Yusanti, A. P. dan Lutfi. (2020). Pengaruh Gaya Hidup, Kecerdasan Spiritual dan Jenis Kelamin terhadap Perilaku Pengelolaan Keuangan Keluarga. Artikel Ilmiah,(http://eprints.perbanas.ac.id/6591/49/ARTIKEL%20ILMIAH.pdf, diunduh pada 5 Oktober 2021).
