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Abstract
This study was conducted to examine the elements of financial management found in novel Iqbal Membina Jaya written by Radzemah Bolhassan. Financial management is an important factor in a family institution. This is because financial management can impact everyday activities and lifestyles. Therefore, this financial management should be understood by each family member including children so that they are aware of the financial situation that his family has. In the context of literary works, the implementation of this financial management knowledge should be implemented so that readers especially children will be educated and knowing what steps need to be done to control the financial situation of the family. Thus, the novel Iqbal Membina Jaya will be analysed using the approach nodded by Deacon and Firebaugh on financial management involving aspects of Input, Throughput, and the third one, Output. While each of these aspects will be detailed with several sub-topics, namely the input aspect containing aspirations and goals, economic risk (events), movements (trends), and income patterns. The throughput aspect involves planning and implementation as well as output aspects encompassing the achievement of expected goals and effective use of resources. In this regard, the Iqbal Membina Jaya indeed has aspects of financial management within the family and can provide knowledge to readers to be wise in managing the family economy.
Highlights
Financial management is a matter for every level of society to pay attention to
This study was conducted using the principles of financial management as contained in the methodology section. Through this aspect will be conducted research on selected children's novels to prove that children's novels can provide entertainment and educate readers to understand the field of financial management
According to Deacon and Firebaugh (1988: 123), every individual in a family has aspirations and goals that reflect the basic values of themselves. These aspirations and goals are associated with the needs and interests of each family member, namely the hopes and achievements related to the micro economy, economic conditions, uncertainty, opportunities and hopes to gain experience through interaction in the micro environment
Summary
Financial management is a matter for every level of society to pay attention to. This is because the aspect of financial management can influence all activities of daily living both individuals, families, communities and countries. According to Rahman and Zulkifly (2016: 86) money plays an important role in facilitating economic transactions and meeting the needs of the community today. Without enough money it is very difficult to meet the desired needs and services. This is clearly understood that without a stable financial position in family institutions will cause all activities and needs to be disrupted. In every head of the family in a family institution it is necessary to understand financial management well in order to ensure the economic stability of the family and emotions of the children in particular
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