Financial prudence through financial education: A conceptual framework for financial inclusion

This paper aims to develop a framework to improve financial prudence through financial education and financial inclusion for low-income households in Indonesia. Knowledge shapes attitude, which later influences behavior. A household, in terms of its social production function, needs to feel secure f...

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Main Authors: Arsyianti, Laily Dwi, Kassim, Salina
Format: Article
Language:English
English
Published: King Abdulaziz University Scientific Publishing Center 2018
Subjects:
Online Access:http://irep.iium.edu.my/64538/
http://irep.iium.edu.my/64538/
http://irep.iium.edu.my/64538/
http://irep.iium.edu.my/64538/1/64538_Financial%20Prudence%20through%20Financial%20Education_article.pdf
http://irep.iium.edu.my/64538/2/64538_Financial%20Prudence%20through%20Financial%20Education_scopus.pdf
id iium-64538
recordtype eprints
spelling iium-645382018-08-28T08:16:23Z http://irep.iium.edu.my/64538/ Financial prudence through financial education: A conceptual framework for financial inclusion Arsyianti, Laily Dwi Kassim, Salina HG Finance HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. This paper aims to develop a framework to improve financial prudence through financial education and financial inclusion for low-income households in Indonesia. Knowledge shapes attitude, which later influences behavior. A household, in terms of its social production function, needs to feel secure financially in order not to fall into insolvency or bankruptcy. Households that are equipped with better financial education and knowledge are more likely to undertake recommended financial behaviors. By targeting the low-income group through a financial inclusion agenda, the government, Islamic social finance practitioners, and academicians enable low-income households to act with financial prudence. King Abdulaziz University Scientific Publishing Center 2018-01-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/64538/1/64538_Financial%20Prudence%20through%20Financial%20Education_article.pdf application/pdf en http://irep.iium.edu.my/64538/2/64538_Financial%20Prudence%20through%20Financial%20Education_scopus.pdf Arsyianti, Laily Dwi and Kassim, Salina (2018) Financial prudence through financial education: A conceptual framework for financial inclusion. Journal of King Abdulaziz University, Islamic Economics, 31 (1). pp. 151-166. ISSN 7383-1018 E-ISSN 1658-4244 https://iei.kau.edu.sa/Files/121/Files/153869_31-01-10-LailyDwi-1.pdf 10.4197/Islec.31-1.10
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG Finance
HG3368 Islamic Banking and Finance
HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG Finance
HG3368 Islamic Banking and Finance
HG4001 Financial management. Business finance. Corporation finance.
Arsyianti, Laily Dwi
Kassim, Salina
Financial prudence through financial education: A conceptual framework for financial inclusion
description This paper aims to develop a framework to improve financial prudence through financial education and financial inclusion for low-income households in Indonesia. Knowledge shapes attitude, which later influences behavior. A household, in terms of its social production function, needs to feel secure financially in order not to fall into insolvency or bankruptcy. Households that are equipped with better financial education and knowledge are more likely to undertake recommended financial behaviors. By targeting the low-income group through a financial inclusion agenda, the government, Islamic social finance practitioners, and academicians enable low-income households to act with financial prudence.
format Article
author Arsyianti, Laily Dwi
Kassim, Salina
author_facet Arsyianti, Laily Dwi
Kassim, Salina
author_sort Arsyianti, Laily Dwi
title Financial prudence through financial education: A conceptual framework for financial inclusion
title_short Financial prudence through financial education: A conceptual framework for financial inclusion
title_full Financial prudence through financial education: A conceptual framework for financial inclusion
title_fullStr Financial prudence through financial education: A conceptual framework for financial inclusion
title_full_unstemmed Financial prudence through financial education: A conceptual framework for financial inclusion
title_sort financial prudence through financial education: a conceptual framework for financial inclusion
publisher King Abdulaziz University Scientific Publishing Center
publishDate 2018
url http://irep.iium.edu.my/64538/
http://irep.iium.edu.my/64538/
http://irep.iium.edu.my/64538/
http://irep.iium.edu.my/64538/1/64538_Financial%20Prudence%20through%20Financial%20Education_article.pdf
http://irep.iium.edu.my/64538/2/64538_Financial%20Prudence%20through%20Financial%20Education_scopus.pdf
first_indexed 2023-09-18T21:31:36Z
last_indexed 2023-09-18T21:31:36Z
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