SEEIJ (Social Economics and Ecology International Journal)
Vol. 10 No. 2 (2026): October

IMPROVING HOUSEHOLD FINANCIAL DECISION-MAKING THROUGH FINANCIAL LITERACY EDUCATION AMONG TERATAI FAMILY WELFARE EMPOWEREMENT MEMBERS

Sundari, Retno Ika (Unknown)
Retnaningdiah, Dian (Unknown)



Article Info

Publish Date
22 Oct 2026

Abstract

Managing household finances was crucial in preserving financial stability at the family level. Unfortunately, many families struggled with needs vs. wants, order of spending, savings, and having an emergency fund. The purpose of this community service program was to identify the issues of poor financial decision-making at the household level, due to a lack of financial literacy among women who managed household finances. The program utilized educational counseling with a pre-test–post-test design to assess the evolution of financial literacy. The total number of program participants was 33, and the analysis was done on the paired data of 17 participants. The data were obtained using a developed questionnaire that assessed the participants' understanding of priority spending and the management of household finances. The program was assessed using descriptive statistics and a paired sample t-test. Financial literacy scores improved significantly after the program (p < 0.001). The participants were better able to distinguish between needs vs. wants and understand the order of spending and the principles of household financial management. The results of the program showed that financial literacy counseling was successful in improving financial knowledge and enhancing the quality of household financial decisions.

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Journal Info

Abbrev

seeij

Publisher

Subject

Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Social Sciences Other

Description

Social Economics and Ecology International Journal (SEEIJ) is a Half Yearly, Refereed, blind Peer Reviewed, and an Open Access Journal published by Community Development Academic (CDA) of BINUS University. SEEIJ s devoted to improving knowledge and practice in the field of purposive community ...