Improving Financial Management Literacy: A Community Service about Pre-Marriage Schools for Muslimah using ABCD Approach

Peningkatan Literasi Pengelolaan Keuangan Pra-nikah untuk Muslimah

Authors

  • Rachmania Nurul Fitri Amijaya Fakultas Ekonomi dan Bisnis Universitas Jember
  • Mohammad Zeqi Yasin Fakultas Ekonomi dan Bisnis Universitas Jember
  • Okyviandi Putra Erlangga Fakultas Ekonomi dan Bisnis Universitas Jember

DOI:

https://doi.org/10.25170/mitra.v8i1.4322

Keywords:

marriage, financial literacy, financial management

Abstract

Planning a wedding's finances is one aspect of the process. Before marriage, most couples were made up of two people with fairly autonomous financial arrangements; but, after a year, some began to adopt a more communal structure. In order to help you become more financially literate and more equipped for marriage, this article will outline community service opportunities. by putting into practice a community service plan at the Multazam Study Club utilizing the ABCD (Asset Based Community Development) approach, which is asset-based and sustainable community development. According to the service article's conclusion, students who perform community service in pre-marital schools gain more money management expertise. Following their attendance at lectures and chat shows on WhatsApp, the participants were able to comprehend the need of financial literacy. Based on the completed financial management course, a large number of individuals are aware of investments, emergency money, zakat, infaq, sadaqah, and waqf. In the meanwhile, participants tended to select their own investments; the majority of them selected gold. Putting together community service projects to enhance financial literacy within the framework of marriage has been successful in raising participants' comprehension and decision-making skills. The long-term financial well-being of people and families may be influenced by ongoing initiatives to advance financial empowerment and education in society.

References

Ahmed, H., & Salleh, A. M. H. A. P. M. (2016). Inclusive Islamic financial planning: a conceptual framework. International Journal of Islamic and Middle Eastern Finance and Management, 9(2), 170–189.

Azmi, Z., Anriva, D. H., Rodiah, S., Ramashar, W., Ahyaruddin, M., Agustiawan, A., Marlina, E., Bidin, I., Putri, A. A., & Lawita, N. F. (2018). Peningkatan Literasi Keuangan Melalui Perencanaan Keuangan Keluarga. Jurnal Pengabdian UntukMu NegeRI, 2(1), 66–73. https://doi.org/10.37859/jpumri.v2i1.599

Burgoyne, C. B., Reibstein, J., Edmunds, A., & Dolman, V. (2007). Money management systems in early marriage: Factors influencing change and stability. Journal of Economic Psychology, 28(2), 214–228. https://doi.org/10.1016/j.joep.2006.02.003

Carr, D., Freedman, V. A., Cornman, J. C., & Schwarz, N. (2014). Happy marriage, happy life? Marital quality and subjective well-being in later life. Journal of Marriage and Family, 76(5), 930–948. https://doi.org/10.1111/jomf.12133

Elnakib, S., El Khoury, G., Salameh, P., Sacre, H., Abirafeh, L., Robinson, W. C., & Metzler, J. (2022). Investigating Incidence, Correlates, and Consequences of Child Marriage Among Syrian Refugees Residing in the South of Lebanon: A Cross-Sectional Study. Journal of Adolescent Health, 70(3), S64–S71. https://doi.org/10.1016/j.jadohealth.2021.08.022

Fred van Raaij, W., Antonides, G., & Manon de Groot, I. (2020). The benefits of joint and separate financial management of couples. Journal of Economic Psychology, 80(January), 102313. https://doi.org/10.1016/j.joep.2020.102313

Garg, N., & Singh, S. (2018). Financial Literacy among Younth. International Journal of Social Economics Iss International Journal of Social Economics, 29(11), 830–848. http://dx.doi.org/10.1108/03068290210446258%5Cnhttp://dx.doi.org/10.1108/03068299710193543

Guzman, F., Paswan, A., & Tripathy, N. (2019). Consumer centric antecedents to personal financial planning. Journal of Consumer Marketing, 36(6), 858–868. https://doi.org/10.1108/JCM-01-2018-2514

Hassan Al‐Tamimi, H. A., & Anood Bin Kalli, A. (2009). Financial literacy and investment decisions of UAE investors. The Journal of Risk Finance, 10(5), 500–516. https://doi.org/10.1108/15265940911001402

Larisa, L. E., Njo, A., & Wijaya, S. (2021). Female workers’ readiness for retirement planning: an evidence from Indonesia. Review of Behavioral Finance, 13(5), 566–583. https://doi.org/10.1108/RBF-04-2020-0079

Lusardi, A. (2019). Financial literacy and the need for financial education: evidence and implications. Swiss Journal of Economics and Statistics, 155(1), 1–8. https://doi.org/10.1186/s41937-019-0027-5

OJK. (2022). Sudah mulai merencanakan pernikahan? Bicarakan keuangan dengan pasangan. Otoritas Jasa Keuangan. https://sikapiuangmu.ojk.go.id/FrontEnd/CMS/Article/10487

Pahl, J. (1995). His money, her money: Recent research on financial organisation in marriage. Journal of Economic Psychology, 16(3), 361–376. https://doi.org/10.1016/0167-4870(95)00015-G

Shellyna, S., Putri, S. T., Yanty, Y., Marcelino, M., & Akbar, M. A. (2022). Perbandingan Kepentingan Antara Dana Darurat Dan Dana Pensiun Beserta Pengelolaannya. Equilibrium: Jurnal Penelitian Pendidikan Dan Ekonomi, 19(02), 205–216. https://doi.org/10.25134/equi.v19i02.5869

Sukirman, Hidayah, R., Suryandari, D., & Purwanti, A. (2019). Pengelolaan Keuangan Keluarga dalam Rangka Peningkatan Masyarakat Mandiri dan Berperan dalam Peningkatan Literasi Keuangan Indonesia (Otoritas Jasa Keuangan). Jurnal Abdimas, 23(2), 165–169.

Ure, C., Hargreaves, S. C., Burns, E. J., Coffey, M., Audrey, S., Ardern, K., & Cook, P. A. (2021). An asset-based community development approach to reducing alcohol harm: Exploring barriers and facilitators to community mobilisation at initial implementation stage. Health and Place, 68, 102504. https://doi.org/10.1016/j.healthplace.2020.102504

Downloads

Published

2024-05-31

How to Cite

Amijaya, R. N. F., Yasin, M. Z., & Erlangga, O. P. (2024). Improving Financial Management Literacy: A Community Service about Pre-Marriage Schools for Muslimah using ABCD Approach: Peningkatan Literasi Pengelolaan Keuangan Pra-nikah untuk Muslimah. MITRA: Jurnal Pemberdayaan Masyarakat, 8(1), 1–12. https://doi.org/10.25170/mitra.v8i1.4322
Abstract views: 35 | PDF downloads: 34