Published September 20, 2023 | Version v1

Family Financial Management of Indonesian Workers in Malaysia

  • 1. Sharia Banking Department, Islamic State University of Raden Intan, Indonesia

Description

Abstract: The financial management of Indonesian migrant workers' families is crucial because it can affect the family's financial well-being. This Community Service activity aims to provide guidance on the financial management system for Indonesian families and workers in Malaysia and to provide recommendations to enhance their well-being and protection. This community service activity utilizes Asset-Based Community Development (ABCD) with stages of preparation, implementation, evaluation, and follow-up. The results of the community service activity show positive outcomes. It indicates that there is an average increase of 27 points in written test scores before and after the community service. This demonstrates that participants in the community service have improved their knowledge and skills in effective and efficient family financial management systems. They can answer questions related to the material presented in the community service correctly and quickly. In conclusion, community service on effective and efficient family financial management systems has been successfully conducted for 35 Indonesian workers working in Malaysia. Participants in the community service have gained increased knowledge, skills, attitudes, and motivation toward family financial management systems. They are capable of creating and implementing family budgets and savings plans according to their income and needs.

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IJELL- 3(5) 14-18.pdf

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Journal article: https://issrapublishers.com/journal/IJELL (URL)