Financial Satisfaction Increase: Effect of Income and Financial Literacy Factors (Study of MSMEs)
- https://doi.org/10.2991/assehr.k.200130.193How to use a DOI?
- income, financial literacy, financial satisfaction
Micro, Small and Medium Enterprises (MSMEs) will be an economic milestone in Indonesia. But in the midst of the current era of development, Indonesian MSMEs have not been able to maximize opportunities and potential in developing their business. South Solok Regency is an expansion area with thousands of MSMEs, but they still need mentoring and financing. Therefore, MSMEs need financial literacy to manage their business, in hopes of increasing income thus increasing financial satisfaction. The survey results show out of 60 MSMEs players 80% have income above IDR 5,000,000, and 62% have sufficient to a high category in financial literacy. From the test results, it can be concluded that income and financial literacy have a significant effect on financial satisfaction.
- © 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 - Dany Fajar Nugraha AU - Indra Mulia Pratama AU - Memen Kustiawan PY - 2020 DA - 2020/02/07 TI - Financial Satisfaction Increase: Effect of Income and Financial Literacy Factors (Study of MSMEs) BT - Proceedings of the 3rd International Conference on Research of Educational Administration and Management (ICREAM 2019) PB - Atlantis Press SP - 320 EP - 322 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.200130.193 DO - https://doi.org/10.2991/assehr.k.200130.193 ID - Nugraha2020 ER -