Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR

Analysis of the Effectiveness of Financial Education for Small and Medium Enterprises to Increase Financial Literacy (Preliminary Study: A Small Business Enterprise in Bandung)

Authors
Maya Malinda, Asni Harianti, Miki Tjandra, Meryana Meryana
Corresponding Author
Maya Malinda
Available Online 29 June 2020.
DOI
https://doi.org/10.2991/aebmr.k.200626.025How to use a DOI?
Keywords
Financial Education, Small Business Enterprise (SBE), Financial Literate
Abstract
Financial education is very important to everyone including financial education on Small Business Enterprise (SBE). This preliminary study revealed that financial education can increase financial literate significantly. Using Financial Fitness Quiz built by O’Neill, there were different results before and after the training on financial planning for business and personal purpose. Among 32 participants before training, the summary of Insurance & Estate Planning and Credit Shopping, participants gave very low score which was less than 20 points, which means that they needed a lot of help to manage their finance. About Financial Management: Saving/Investing, their score was less than 40, which was categorized in financial difficulties. On contrast, after the training there was significantly different result in form of the increase of Financial Literate.
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Proceedings
8th International Conference of Entrepreneurship and Business Management Untar (ICEBM 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
29 June 2020
ISBN
978-94-6252-980-9
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200626.025How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Maya Malinda
AU  - Asni Harianti
AU  - Miki Tjandra
AU  - Meryana Meryana
PY  - 2020
DA  - 2020/06/29
TI  - Analysis of the Effectiveness of Financial Education for Small and Medium Enterprises to Increase Financial Literacy (Preliminary Study: A Small Business Enterprise in Bandung)
BT  - 8th International Conference of Entrepreneurship and Business Management Untar (ICEBM 2019)
PB  - Atlantis Press
SP  - 134
EP  - 138
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200626.025
DO  - https://doi.org/10.2991/aebmr.k.200626.025
ID  - Malinda2020
ER  -