Personal Financial Management For

8/16/2019 Personal Financial Management For

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PERSONAL FINANCIAL

MANAGEMENT FORSTUDENT OF PERBANASINSTITUTE


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Introduction

• Majority of students always run out ofmoney at the end of the week/month

• Living cost becomes the reason

• Bad to manage their personal nancial


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Purpose

• he purpose of this research are to providerecommendations to the students so they do notalways run out of money at the end of theweek/month and give the recomendation to the

seller around the campus so they can sell theirproduct with the right price to their customerwhich is most of them are students of PerbanasInstitute!


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"cope

• he purpose of this research are to providerecommendations to the students so they do notalways run out of money at the end of theweek/month and give the recomendation to the

seller around the campus so they can sell theirproduct with the right price to their customerwhich is most of them are students of PerbanasInstitute!


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#ssumption

• $ur recommendation are% re&uired theappropriate allocation of money from student ofPerbanas Institute so at the end of theweek/month they aren't run out of money% instead

they can set a side their money for saving! omake it happen% they need to manage theirnancial so they can use their money properly!


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Method

• $ur informations for this report come from library%online resource and some of our analysis! $uranalysis based on some interview by using&uestionnaire sample with () responden who are

student in Perbanas Institute!


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Limitation

• $ur paper has two limitations! *irst% we havedi+erent schedule% we only have a few time fordiscussed about this report! "econd% the time formaking this report was very short!


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he "tudents Problem toManage heir *inancial

• #llowance not enough

• "tudent's need are very comple,

•

Identication what is the primary% secondaryor tertiary needs of their own

• -ebt


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Financial Position In The End ofThe Wee!Month

.)/

0)/

1)/

Do "o# al$a"s %#n o#t of &one" in the end of the $ee!&onth'

#lways "ometimes not

23

13

Do (o# Set a Side Mone" fo% Sa)in*'

4es 5o


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Ed#cation fo% St#dents toMana*e Thei% Finances

6)/

3/3/

+o$ do "o# *et an allo$ance'

*rom Parents *rom workplace

-o Business

.3/

(3/

7)/

+o$ the Dist%i,#tion of Pocet Mone" Do (o# Ea%n'

-aily 8eekly Monthly


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Dail" Allo$ance and Cost St#dentof Pe%,anas Instit#te

313

()

()

7)

Ran*e of -ocet &one" -e% da"

3!))) 9 13!)))

13))) 9 (3!)))

(3!))) 9 .3!)))

.3!))) 9 73!)))

73!))): 11

.

7

1

Allocation Used fo% Dail" Cost

3)/;

0)/

2)/

1))/


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Sol#tion fo% The Bi**estE.-endit#%e

73

7)

3

3 3

What is "o#% ,i**est e.-endit#%e -e% &onth'

*ood <

-rink

ransportati

on

Phone

=redit

Boarding


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1)

6)

Is The P%ice S#ita,le Fo% (o#'

5ot "uitable Less "uitable "uitable >ery "uitable


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.)

1)

.3

(3

Dail" T%ans-o%tation cost

I-? 3!))) 9 1)!))) I-? 1)!))) 9 13!))) I-? 13!))) 9 (3!))) ; I-? (3!)))


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The E/ect of inco&e onCons#&-tion E.-ensit#%es

• =onsumption heory @eynes states that%A"pending of someone for consumption andsavings are inuenced by income! he greater apersonCs income% the more level of consumption

as well% and the savings rate will increase!$therwise% if the level of income a person getssmaller% then all income is spent on consumption%so that the savings rate become Dero!E

• A?elationship between 8eekly #llowance and

=onsumption F,penditures of B" #BF "tudentsG #Multi9>ariable ?egression #nalysisE have aconclusions that Astudents allowance increases%their amount of consumptions also increases!

hus% the relationship between allowance andconsumption e,penditure is directly proportional!


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he e+ect on student of PerbanasInstitute

• -o you have other e,penses that are taken outfrom your allowance beyond the e,planationaboveH 4es/5oJ if yes% 8hat it is

• hang out with friends% shopping% hobby% date with

girlrend% buy cigarette% and go to the teather• heir tertier needs and unconsiously could be the

biggest e,penditures of their own!


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Concl#sions and Reco&endations

• Majority of respondents have a good range ofmoney for an allowance% most of they also set aside their money for saving purpose! But they stillrun out of money in the end of the week/month!

Because they can't manage their personalnancial


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?ecommendation

Cont%ollin* (o#%self In Pe%sonal FinanceMana*e&ent

• =ognitive

• Impulse

• FmotionsMana*in* Pe%sonal Finances

• #llocation of funds

• Pinpointing the source of funds

• $rganiDe your e,penses


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9 hank 4ou 9

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Personal Financial Management For