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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 arent 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
Students 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 cant 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 -