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Mulyanti, Dwi Retno
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Analysis of the effect of Inflation on Purchasing Power in Indonesia Aisyah, Siti; Daud, Anshar; Mulyanti, Dwi Retno; Dewi, Grace Citra; Harmadi, Ashur
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/sqzkrp37

Abstract

This study examines the impact of inflation on purchasing power in Indonesia, analyzing how fluctuations in inflation influence the ability of individuals to meet their basic needs. Utilizing a quantitative research design, the study focuses on the years 2013-2023 and employs various statistical methods, including regression analysis and ANOVA, to explore the relationship between inflation, purchasing power, and economic well-being. The results indicate a significant negative correlation between inflation and purchasing power, with inflation explaining approximately 65% of the variance in purchasing power. The findings highlight that inflation has a pronounced effect on lower-income groups, exacerbating their financial challenges. Moreover, the study contributes to the literature by providing empirical evidence on the effects of inflation on purchasing power in Indonesia, offering valuable insights for policymakers. The research emphasizes the importance of controlling inflation to maintain economic stability and enhance the well-being of the population, particularly vulnerable groups.
The influence of Financial Literacy on Personal Financial Management in millennials in Indonesia Wijaya, Ismed; Mulyanti, Dwi Retno; Susianto, Tri Endar; Noviya, Anis; Purnomo, Rahmat
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/w09ms059

Abstract

This study explores the impact of Financial Literacy on Personal Financial Management among millennials in Indonesia. Using a quantitative approach, the research investigates the relationship between financial knowledge and the ability to manage personal finances effectively. The findings indicate that financial literacy significantly influences personal financial management, highlighting its critical role in shaping sound financial behaviors. Millennials with higher levels of financial literacy tend to demonstrate better budgeting, saving, and investment habits, reducing the likelihood of debt accumulation and promoting long-term financial stability. Conversely, a lack of financial knowledge often leads to poor financial decisions, such as excessive use of credit cards, inadequate savings, and limited understanding of investment opportunities. This study contributes to the growing body of literature by focusing on the millennial generation in Indonesia, providing practical implications for stakeholders such as policymakers, financial institutions, and educators to enhance financial literacy programs. Tailored financial education initiatives, both in formal education settings and through community outreach programs, are recommended to address the specific needs of this demographic. Future research is encouraged to expand the scope by incorporating additional variables, such as technological adoption in financial management and the influence of socio-economic backgrounds, and employing mixed-method approaches to gain deeper insights into the behavioral aspects of financial decision-making.