Financial knowledge and Literacy or Demographics: What determines the use of Financial Services in Pakistan?

Arif, Muhammad; Kashif-ur-Rehman,; Khan, Zubair

doi:10.17485/ijst/2019/v12i4/140213

Cited by 1 publication

(2 citation statements)

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“…There are only 2% of Indonesian population that invest in the capital market. Therefore, Indonesia still has a fairly low number when compared to Singapore and Malaysia, where both countries already have above 5% of the population investing in capital market (Arif et al, 2019;Rizal, 2021). OJK (2021) states that the number of productive age in Indonesia reaches 189 million people, but the ratio of participation in the capital market to the number of accounts currently registered does not even reach 5%.…”

Section: Introductionmentioning

confidence: 99%

“…The defi nition of fi nancial literacy is as knowledge, skills, and values that infl uence behavior and attitudes to strengthen decision making and fi nancial management (Reswari et al, 2018;Noor et al 2020). Another opinion was expressed by Arif et al (2019), which defi nes fi nancial literacy as an individual's capacity to use information related to the use or governance of fi nance. Stratifi ed fi nancial literacy has a more complex position than fi nancial education (Potrich et al 2015).…”

Section: Introductionmentioning

confidence: 99%

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Providing education and financial literacy about stock investment planning for SMK PGRI Pandaan students

Sulistyorini

Isman²,

Sari³

et al. 2022

ABDIMAS J. Pengabdi. Masy. Univ. Merdeka Malang

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The potential for capital market investment development in Indonesia is very large. However, the growth in investment interest so far is still very low. Low investment interest in the capital market is caused by several obstacles, including lack of knowledge, information, and low education and literacy about investing in the capital market. The introduction of the right investment should be given to people who have productive age because it is considered a driver of the economy. Educational supplies and investment literacy have the potential to be developed for high school students, which in this service activity are carried out at SMK PGRI Pandaan. The reason is that students are of productive age and can qualify to invest in the capital market. Stock investment education and literacy activities carried out at SMK PGRI Pandaan are considered appropriate because the school's conditions lack facilities and information so the level of knowledge and skills of students related to stock investment is still relatively low. To achieve the target output of the activity, the methods used are lecture, practice, discussion, and question and answer. The training activities are carried out through Zoom Meetings because they are still in a state of the Covid-19 pandemic. This training activity resulted in the achievement of knowledge about stock investment, benefits, and risks as well as skills in how to trade shares.

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Section: Introductionmentioning

confidence: 99%