Journal of Enterprise and Business Intelligence


A Study on Financial Literacy and Need for Financial Education



Journal of Enterprise and Business Intelligence

Received On : 25 January 2021

Revised On : 18 March 2021

Accepted On : 08 April 2021

Published On : 05 July 2021

Volume 01, Issue 03

Pages : 137-142


Abstract


Fillecya (Financial Literacy) Boards adopts the idea of financial literacy education for the community, where the need for people to have better knowledge, confidence, and skills in financial management, where experts believe that financial literacy knowledge is significantly related to individual financial behavior of consumers. The important point in this research is how to teach financial literacy early on to children as the pillars of national development. One reliable alternative strategy in teaching children is through games, where children learn while playing and education will enter naturally. This research emphasizes the Fillecya Board as a medium for early financial literacy education. Scientifically, the Fillecya Board will have a positive contribution to scientific development in the field of financial literacy which is in line with the times. On the other hand, Fillecya also acts as a place for learning while playing for children and a means to train decision making. From the social aspect, fillecya will be able to increase solidarity between children and train healthy competition. By using the Research and Development research approach by using the Four-D model, namely define, design, develop and disseminate. For the first year, the results of this study show that all teachers which is this research respondent felt the need to develop financial literacy learning media. This is considered necessary because so far, the direct instruction method has not been able to make students understand about the material and need more time to achieve this learning goal. The results of this study indicate that more interactive media are needed in this study, one of which is fillecya.


Keywords


Fillecya, Financial Literacy, Games, Learning Media, Children.


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Acknowledgements


The authors would like to thank to the reviewers for nice comments on the manuscript.


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Cite this article


Maria Emma and Sofia Anya, “A Study on Financial Literacy and Need for Financial Education”, Journal of Enterprise and Business Intelligence, vol.1, no.3, pp. 137-142, July 2021. doi: 10.53759/5181/JEBI202101015.


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© 2021 Maria Emma and Sofia Anya. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.