Habit of Saving: Efforts to Raise Financial Awareness and Utilize Allowance Wisely at SDN 007 Nongsa
Abstract
This community service program aimed to foster financial awareness and cultivate the habit of saving among 31 students at SDN 007 Nongsa. The program was motivated by the low level of financial literacy among elementary school children, which leads to consumptive spending and limited ability to manage pocket money wisely. The methods applied included educational and interactive approaches through educational games, saving simulations, and group discussions. The program was also integrated with the Free Nutritious Meal (MBG) initiative, allowing students to save more effectively by reducing daily food expenses. Results showed improvements in students’ understanding of saving, their ability to differentiate between needs and wants, and their interest in saving regularly. The program also encouraged the involvement of parents and teachers in monitoring and supporting the practice of saving. This intervention demonstrates that simple, participatory methods can enhance financial literacy from an early age and foster sustainable positive habits.
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