Personal Financial Management For
Content
PERSONAL FINANCIAL
MANAGEMENT FOR
STUDENT OF PERBANAS
INSTITUTE
Introduction
• Majority of students always run out of
money at the end of the week/month
• Living cost becomes the reason
• Bad to manage their personal financial
Purpose
• The purpose of this research are to provide
recommendations to the students so they do not
always run out of money at the end of the
week/month and give the recomendation to the
seller around the campus so they can sell their
product with the right price to their customer
which is most of them are students of Perbanas
Institute.
Scope
• The purpose of this research are to provide
recommendations to the students so they do not
always run out of money at the end of the
week/month and give the recomendation to the
seller around the campus so they can sell their
product with the right price to their customer
which is most of them are students of Perbanas
Institute.
Assumption
• Our recommendation are, required the
appropriate allocation of money from student of
Perbanas Institute so at the end of the
week/month they aren’t run out of money, instead
they can set a side their money for saving. To
make it happen, they need to manage their
financial so they can use their money properly.
Method
• Our informations for this report come from library,
online resource and some of our analysis. Our
analysis based on some interview by using
questionnaire sample with 20 responden who are
student in Perbanas Institute.
Limitation
• Our paper has two limitations. First, we have
different schedule, we only have a few time for
discussed about this report. Second, the time for
making this report was very short.
The Students Problem to
Manage Their Financial
• Allowance not enough
• Student’s need are very complex
• Identification what is the primary, secondary
or tertiary needs of their own
• Debt
Financial Position In The End of
The Week/Month
Do you always run out of money in the end of the week/month?
Do You Set a Side Money for Saving?
Always Sometimes not
10%
Yes
No
15%
30%
60%
85%
Education for Students to
Manage Their Finances
How do you get an allowance? How the Distribution of Pocket Money Do You Earn?
From Parents
Do Business
From workplace
5% 5%
Daily Weekly Monthly
35%
40%
25%
90%
Daily Allowance and Cost Student
of Perbanas Institute
Range of pocket money per day
5%
15%
40%
20%
20%
5.000 - 15.000
15000 - 25.000
25.000 - 35.000
35.000 - 45.000
45.000<
Allocation Used for Daily Cost
1
4
11
3
50%>
60%
80%
100%
Solution for The Biggest
Expenditure
What is your biggest expenditure per month?
5% 5%
5%
45%
40%
Food &
Drink
Transportati
on
Phone
Credit
Boarding
Is The Price Suitable For You?
Not Suitable
Less Suitable
Suitable
10%
90%
Very Suitable
Daily Transportation cost
IDR 5.000 - 10.000
IDR 10.000 - 15.000
25%
IDR 15.000 - 25.000
30%
10%
35%
> IDR 25.000
The Effect of income on
Consumption Expensitures
• Consumption Theory Keynes states that,
“Spending of someone for consumption and
savings are influenced by income. The greater a
person's income, the more level of consumption
as well, and the savings rate will increase.
Otherwise, if the level of income a person gets
smaller, then all income is spent on consumption,
so that the savings rate become zero.”
• “Relationship between Weekly Allowance and
Consumption Expenditures of BS ABE Students: A
Multi-Variable Regression Analysis” have a
conclusions that “students allowance increases,
their amount of consumptions also increases.
Thus, the relationship between allowance and
consumption expenditure is directly proportional.
The effect on student of Perbanas
Institute
• Do you have other expenses that are taken out
from your allowance beyond the explanation
above? (Yes/No) if yes, What it is
• hang out with friends, shopping, hobby, date with
girlfirend, buy cigarette, and go to the teather
• Their tertier needs and unconsiously could be the
biggest expenditures of their own.
Conclusions and Recomendations
• Majority of respondents have a good range of
money for an allowance, most of they also set a
side their money for saving purpose. But they still
run out of money in the end of the week/month.
Because they can’t manage their personal
financial
Recommendation
Controlling Yourself In Personal Finance
Management
• Cognitive
• Impulse
• Emotions
Managing Personal Finances
• Allocation of funds
• Pinpointing the source of funds
• Organize your expenses
- Thank You -
MANAGEMENT FOR
STUDENT OF PERBANAS
INSTITUTE
Introduction
• Majority of students always run out of
money at the end of the week/month
• Living cost becomes the reason
• Bad to manage their personal financial
Purpose
• The purpose of this research are to provide
recommendations to the students so they do not
always run out of money at the end of the
week/month and give the recomendation to the
seller around the campus so they can sell their
product with the right price to their customer
which is most of them are students of Perbanas
Institute.
Scope
• The purpose of this research are to provide
recommendations to the students so they do not
always run out of money at the end of the
week/month and give the recomendation to the
seller around the campus so they can sell their
product with the right price to their customer
which is most of them are students of Perbanas
Institute.
Assumption
• Our recommendation are, required the
appropriate allocation of money from student of
Perbanas Institute so at the end of the
week/month they aren’t run out of money, instead
they can set a side their money for saving. To
make it happen, they need to manage their
financial so they can use their money properly.
Method
• Our informations for this report come from library,
online resource and some of our analysis. Our
analysis based on some interview by using
questionnaire sample with 20 responden who are
student in Perbanas Institute.
Limitation
• Our paper has two limitations. First, we have
different schedule, we only have a few time for
discussed about this report. Second, the time for
making this report was very short.
The Students Problem to
Manage Their Financial
• Allowance not enough
• Student’s need are very complex
• Identification what is the primary, secondary
or tertiary needs of their own
• Debt
Financial Position In The End of
The Week/Month
Do you always run out of money in the end of the week/month?
Do You Set a Side Money for Saving?
Always Sometimes not
10%
Yes
No
15%
30%
60%
85%
Education for Students to
Manage Their Finances
How do you get an allowance? How the Distribution of Pocket Money Do You Earn?
From Parents
Do Business
From workplace
5% 5%
Daily Weekly Monthly
35%
40%
25%
90%
Daily Allowance and Cost Student
of Perbanas Institute
Range of pocket money per day
5%
15%
40%
20%
20%
5.000 - 15.000
15000 - 25.000
25.000 - 35.000
35.000 - 45.000
45.000<
Allocation Used for Daily Cost
1
4
11
3
50%>
60%
80%
100%
Solution for The Biggest
Expenditure
What is your biggest expenditure per month?
5% 5%
5%
45%
40%
Food &
Drink
Transportati
on
Phone
Credit
Boarding
Is The Price Suitable For You?
Not Suitable
Less Suitable
Suitable
10%
90%
Very Suitable
Daily Transportation cost
IDR 5.000 - 10.000
IDR 10.000 - 15.000
25%
IDR 15.000 - 25.000
30%
10%
35%
> IDR 25.000
The Effect of income on
Consumption Expensitures
• Consumption Theory Keynes states that,
“Spending of someone for consumption and
savings are influenced by income. The greater a
person's income, the more level of consumption
as well, and the savings rate will increase.
Otherwise, if the level of income a person gets
smaller, then all income is spent on consumption,
so that the savings rate become zero.”
• “Relationship between Weekly Allowance and
Consumption Expenditures of BS ABE Students: A
Multi-Variable Regression Analysis” have a
conclusions that “students allowance increases,
their amount of consumptions also increases.
Thus, the relationship between allowance and
consumption expenditure is directly proportional.
The effect on student of Perbanas
Institute
• Do you have other expenses that are taken out
from your allowance beyond the explanation
above? (Yes/No) if yes, What it is
• hang out with friends, shopping, hobby, date with
girlfirend, buy cigarette, and go to the teather
• Their tertier needs and unconsiously could be the
biggest expenditures of their own.
Conclusions and Recomendations
• Majority of respondents have a good range of
money for an allowance, most of they also set a
side their money for saving purpose. But they still
run out of money in the end of the week/month.
Because they can’t manage their personal
financial
Recommendation
Controlling Yourself In Personal Finance
Management
• Cognitive
• Impulse
• Emotions
Managing Personal Finances
• Allocation of funds
• Pinpointing the source of funds
• Organize your expenses
- Thank You -
