Journal of Islamic economy and Community Engagement
Vol. 6 No. 2 (2025): Volume 6 No.2 2025

Mitigation of Lipstick Effect and Doom Spending Through Financial Management in Supporting Sustainable Household Welfare

Pratysto, Tangguh (Unknown)
Aris Munandar (Unknown)
Moh. Najikhul Fajri (Unknown)
Andini Kusumawardhani (Unknown)
Iqbal Banyu Sunarya (Unknown)



Article Info

Publish Date
28 Nov 2025

Abstract

Lipstick effect and doom spending appear simultaneously as psychological responses to economic pressures in people's spending patterns. This community service program aims to mitigate both phenomena through Islamic financial management training for students at Al-Ghozali Islamic Boarding School in Yogyakarta. Using the Asset-Based Community Development (ABCD) approach, activities include preparing Islamic financial materials, conducting interactive financial management training, and evaluating progress through pre-tests and post-tests. The program produces practical financial modules, activity reports, and scientific articles. The expected impacts include enhancing students' financial literacy, promoting healthy financial habits, and developing a sustainable financial education model grounded in Islamic values that can be replicated in other Islamic boarding schools.

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Journal Info

Abbrev

JIECEM

Publisher

Subject

Religion Economics, Econometrics & Finance Social Sciences

Description

Journal of Islamic Economy and Community Engagement is a multidisciplinary scientific journal published by the Faculty of Economics and Islamic Business. This journal is a national level that covers many problems or general problems related to community services. This journal publication aims to ...