IMPLEMENTATION OF FINANCIAL LITERACY PROGRAM FOR THE FORMATION OF HEALTHY FINANCIAL BEHAVIOR FOR ADOLESCENTS ORPHANAGE OF THE SUSTAINABLE SOCIAL UKHUWAH FOUNDATION
DOI:
https://doi.org/10.58174/ijastps.v1i4.69Keywords:
Financial Literacy, Healthy Financial Behavior, Financial Management, Orphanage Teenagers, Education ProgramAbstract
Low financial literacy among orphanage teenagers results in unhealthy financial behavior such as difficulty managing pocket money, not having saving habits, and being vulnerable to uncontrolled consumptive behavior. The lack of structured financial education in orphanage environments causes teenagers to not have basic understanding of personal financial management which will be very important when they become independent in the future. Financial literacy program becomes a strategic solution to provide understanding and financial management skills that will form healthy financial behavior from an early age. This community service activity aims to increase financial literacy of orphanage teenagers through a structured program and form healthy financial behavior in personal money management. The implementation method uses an action research approach with three phases: pre-intervention assessment, intervention phase with learning modules, and post-intervention assessment involving 25 teenagers from Yayasan Ukhuwah Sosial Lestari on April 26, 2026. Program results show an increase in financial literacy by 68% based on pre-test and post-test score comparison. A total of 84% of participants successfully compiled personal financial plans, 92% understood the importance of saving, and 88% were able to distinguish between needs and wants. Behavioral evaluation shows 76% of participants began implementing the habit of recording expenses and 80% committed to saving regularly. Satisfaction evaluation reached a score of 4.64 with an excellent category. In conclusion, the financial literacy program is effective in increasing understanding and forming healthy financial behavior of orphanage teenagers which will be beneficial for their financial independence in the future.
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