Authors :
Raflin Hinelo; Irwan Yantu; Mohammad Agus Salim Monoarfa; Selvi
Volume/Issue :
Volume 7 - 2022, Issue 9 - September
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3T6KO3m
DOI :
https://doi.org/10.5281/zenodo.7204833
Abstract :
Several studies have found evidence that
individuals' attitudes toward finances are related to their
spending habits, financial practices, and behaviors. This
is identical to the habits of people who tend to be
consumptive and have the habit of shopping and
allocating their money for short-term things. This
phenomenon shows that in-depth knowledge of financial
literacy makes financial literacy education indispensable
to educate people who are aware and understand how to
manage finances wisely and according to their needs. This
research was carried out by involving Youth
Organizations in 191 villages in Gorontalo Regency. This
research is a type of phenomenological research with a
qualitative approach. Data was collected by using
observation, interview and documentation methods. The
results of the study found that knowledge about financial
literacy has not been maximized. Especially in accessing
and using the services and products offered/provided by
financial institutions such as banks, financial institutions
(finance) and pawnshops. Knowledge of financial
inclusion is limited to the types of services in the form of
transfers and payment transactions using online mode. As
for product knowledge, respondents only know about
products in the form of Savings and Current Accounts as
well as loan products. Meanwhile, the products and
services provided/offered by financial institutions are
quite a lot in accordance with the types of
activities/transactions needed by the community.
Keywords :
Financial Literacy; Financial Inclusion.
Several studies have found evidence that
individuals' attitudes toward finances are related to their
spending habits, financial practices, and behaviors. This
is identical to the habits of people who tend to be
consumptive and have the habit of shopping and
allocating their money for short-term things. This
phenomenon shows that in-depth knowledge of financial
literacy makes financial literacy education indispensable
to educate people who are aware and understand how to
manage finances wisely and according to their needs. This
research was carried out by involving Youth
Organizations in 191 villages in Gorontalo Regency. This
research is a type of phenomenological research with a
qualitative approach. Data was collected by using
observation, interview and documentation methods. The
results of the study found that knowledge about financial
literacy has not been maximized. Especially in accessing
and using the services and products offered/provided by
financial institutions such as banks, financial institutions
(finance) and pawnshops. Knowledge of financial
inclusion is limited to the types of services in the form of
transfers and payment transactions using online mode. As
for product knowledge, respondents only know about
products in the form of Savings and Current Accounts as
well as loan products. Meanwhile, the products and
services provided/offered by financial institutions are
quite a lot in accordance with the types of
activities/transactions needed by the community.
Keywords :
Financial Literacy; Financial Inclusion.