Household Financial Management in Phenomenology Perspective: A Case Study on a Fisherman Family in Kupang City

DOI

10.2991/assehr.k.220301.108How to use a DOI?

Keywords

Financial Management; Household; Phenomenology

Abstract

The fishing community is a community whose livelihood is catching fish. This activity is carried out actively if in the summer when the weather or climate is also supportive. On average, these small fishermen are more focused on meeting the needs of daily life and there is no priority scale for future needs due to a lack of understanding about managing finances so that most of the money is used for living necessities. The problems that are often faced by fishermen’s families in relation to financial management consist of general problems and specific problems. Of the 30 respondents, those who have done family financial management only ranged from 10% to 26.67%. The impact of poor financial management of fishermen’s families is the mindset of fishermen’s children who do not develop and old age problems are not guaranteed by pensions, so it is important to improve family financial management which includes financial planning, distinguishing wants and needs, saving and investing.

Copyright

© 2022 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Indawati Jauhar Nino
AU  - Tuti Setyorini
AU  - Enos Kabu
PY  - 2022
DA  - 2022/03/04
TI  - Household Financial Management in Phenomenology Perspective: A Case Study on a Fisherman Family in Kupang City
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021)
PB  - Atlantis Press
SP  - 661
EP  - 667
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220301.108
DO  - 10.2991/assehr.k.220301.108
ID  - Nino2022
ER  -