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Financial Literacy: Investing in Gold as a Low-Risk Investment Peggy Ratna Marlianingrum; Ilza Febrina; Lela Nurlaela Wati; Ali Fahmi; Evi Adriani; Nurwaidah; Andri Armaenah
Indonesian Journal of Advanced Social Works Vol. 2 No. 3 (2023): June 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/darma.v2i3.5386

Abstract

Good financial planning and management and selecting the right investment are important aspects in optimizing financial resources in preparation for the future. The ability to manage income for migrant workers must be able to allocate it to the right form of investment. The purpose of this community service is so that migrant workers in Malaysia have good financial literacy knowledge and are able to choose the right investment instruments after the pandemic and face the coming recession. The results of the posttest given show that their understanding increases after the presentation of the material, they can manage finances and allocate income and are more careful in choosing gold investments that are widely circulating in the market.
Financial Literacy Education for Students of Learning Center At-Tanzil Ampang Kuala Lumpur, Malaysia Ilza Febrina; Lela Nurlaela Wati; Ramdani Ramdani; Ahmad Darda; M. Lutfi; Budi Andru; Octavia Handayani; Ade Irma Rismala; Mita Apriliasari
International Journal of Community Engagement and Development Vol. 1 No. 3 (2023): October : International Journal of Community Engagement and Development
Publisher : Universitas Katolik Widya Karya Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59581/ijced.v1i3.17

Abstract

The Financial Services Authority (OJK), in collaboration with the ministries and Financial Services Institutions, continues to synergize efforts in the "Let's Save" campaign. This initiative is part of the government's commitment to enhance financial literacy among the public and foster a savings culture from an early age. Therefore, financial literacy education is deemed necessary at the early childhood education level, both domestically and internationally. As part of this educational outreach, financial literacy education was provided to students at one of the learning centers, namely sanggar belajar (SB) At Tanzil Ampang Malaysia, under the coordination of the Indonesian School Kuala Lumpur, Malaysia. The objective of this activity is to increase awareness and understanding among children regarding the significance of early savings, instill good financial habits, and enable them to identify and distinguish between wants and needs. The methodology employed involves lectures on the importance of early savings and interactive question-and-answer sessions. The participants exhibited great enthusiasm throughout the program. This Community Service Program yields benefits for the students, as possessing knowledge of sound financial literacy is expected to encourage a desire for savings intensely within their minds and reflect in their daily behaviour.