Analysis of the Effectiveness of Financial Education for Small and Medium Enterprises to Increase Financial Literacy (Preliminary Study: A Small Business Enterprise in Bandung)
- https://doi.org/10.2991/aebmr.k.200626.025How to use a DOI?
- Financial Education, Small Business Enterprise (SBE), Financial Literate
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.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
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 - Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR 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 -