Monthly Budget Research Articles

Optimizing Career Woman's Financial Management Through Monthly Budget and Fintech

General Background: The financial management landscape for career women has evolved significantly in the digital era, particularly with the rise of financial technology (fintech). Specific Background: The integration of fintech facilitates budgeting and expense tracking, allowing career women to manage their finances more effectively. However, while fintech offers convenience, it may also contribute to impulsive spending behavior due to easy access to funds. Knowledge Gap: Existing literature lacks a comprehensive understanding of how career women utilize fintech for financial management and the implications of this technology on their budgeting practices. Aims: This study aims to explore the financial management strategies employed by career women in the digital era, focusing on budgeting, the application of accounting in household finances, and the impacts of fintech on their financial behaviors. Results: Career women effectively manage their finances through monthly budgets, reducing stress and achieving financial goals, but the convenience of fintech can increase wasteful expenditure. Novelty: This research contributes new insights into the intersection of career women's financial management, accounting practices, and fintech, addressing a critical gap in the literature. Implications: The study emphasizes the need for financial education for career women, emphasizing balanced practices to maximize fintech benefits and reduce impulsive spending, promoting financial stability and empowerment. Highlights: Budgeting aids career women in spending control and goal achievement. Fintech simplifies transactions, improving financial management efficiency. Ease of use may lead to impulsive spending behavior. Keywords: financial management, career women, fintech, budgeting, digital era

THE INTEREST OF COMPANIES FOR FINANCIAL EDUCATION IN THE CONTEXT OF THE DIGITAL BANKING REVOLUTION

Financial knowledge is necessary not only for consumers of banking products and services when purchasing products but also for the unbanked population when they have to decide how much to borrow or save to keep their monthly budget in a comfort zone and to meet medium and long-term financial goals

Crowding-out effect of tobacco consumption in Indonesia

BackgroundTobacco consumption is pervasive in Indonesia, with 6 out of 10 households in the country consuming tobacco. Smoking households, on average, divert a significant share (10.7%) of their monthly budget...

A survey of attitudes, behaviors and experiences of Nigerian investors in cryptocurrencies

Purpose Given the many activities of Nigerian investors in the crypto ecosystem, this paper investigates the level of their awareness, attitudes, risk tolerance, experience, reasons for investing and level of financial literacy.Design/methodology/approach The research approach is based on a self-administered questionnaire. The Organization for Economic Cooperation and Development (OECD) permitted the use of its reliable and validated survey instrument, administered in Malaysia, the Philippines and Vietnam in 2019. The results are tabulated and analyzed.Findings The key results include the participation of respondents, who are generally young males, not fully financially literate but risk-averse. Many held the false view that investing in global markets is a higher risk than in national markets. Their reasons for investing in crypto include the fear of missing out on good opportunities and the desire to have fun. The results also revealed that social media, conversations with non-experts and online articles are among the most used investment information sources, highlighting the role of digital platforms and informal discussions in shaping perceptions and knowledge about cryptocurrencies. Investments in cryptos are financed through savings, regular monthly budgets or borrowed from friends or family. As for specific attitudes to risk, the results suggest that for most respondents, preserving their invested capital is of paramount importance.Originality/value The importance of this research also resides in the possibility of comparing the crypto ecosystem in Asia with Nigeria because the same OECD data instrument is employed in data collection. Moreover, this study is the most comprehensive research about Nigerian investors in cryptocurrencies.

Effect of Planning and Budget Realization with Covid-19 As A Moderator Variable toward Budget Absorption in Resort Police Station Bangka Tengah

In response to the Covid-19 pandemic, the government prioritized allocating a significant portion of its resources toward preventing the spread of Covid-19. Undoubtedly, this will inevitably affect the meticulously devised programs aimed at achieving budgetary recuperation. This study aims to determine the extent to which Covid-19 affects the budget absorption of the Resort Police Station Work Unit in Bangka Tengah. This study utilizes a quantitative methodology, utilizing moderating regression analysis (MRA) for data analysis. The financial statements cover a period of 72 months, spanning from 2017 to 2022. The study discovered that both the planning and implementation of activities, as well as the regulation of the Covid-19 pandemic’s impact on planning and implementation, had a noteworthy influence on the utilization of funds at the Resort Police Station Bangka Tengah. This study demonstrates that the planning process at the Bangka Tengah Police is capable of adjusting to the current requirements, resulting in improved budget use. The Bangka Tengah Police can improve budget absorption by implementing monthly budget realization. No prior research has been conducted on budget absorption at the Police Station during the Covid-19 pandemic, which had a widespread impact on all aspects of life.

Measuring the digital behavior for health purposes of the Garifuna community in Atlántida, Honduras

Historically, the Garifuna community has been relegated to northern Honduras. The access indicators for the behavior in telecommunications services of this ethnic group are not known in depth. A sample has been chosen to study variables such as hours of use of computers and mobiles, the monthly budget for telecommunications services, and characterization of complementary final services, especially the behavior and digital knowledge from the intersection of technology together with an aspect of common knowledge among the Garifuna, which in this case is proposed to carry out the analysis to be able to encourage and promote health in terms of the prevention of sexually transmitted diseases (STD). Data were collected electronically using an instrument between January and May 2022. In the behavior and knowledge of digital technologies, basic statistics have been used to analyze quantitative data, but an unstructured text analysis algorithm has been used, together with graph theory, to find the relationships between the terms used by the participants. The result has been widespread access to telecommunications services, but there is also low knowledge of the basic concepts associated with these technologies. Keywords: Digital behavior; Garifuna; algorithm; ICT; mobile services

Fuel Price Increase: Unveiling the Torments and Agonies of the Transportation Sector — Basis for Policy Formation

This study aimed to investigate the impact of oil price hikes on the transportation sector in Padada, Davao del Sur. Utilizing a phenomenological approach and qualitative design, purposive sampling was conducted among fourteen participants from various transportation sectors. Data was analyzed through Data Reduction, Data Display, and Conclusion Verification, with assistance from a data analyst. The findings indicate that rising fuel prices significantly affect livelihoods and lifestyles, highlighting the broader impact of global issues on local communities. Additionally, increased oil prices have led to fare adjustments, impacting passengers' monthly budgets. The study suggests that government programs to support local transportation owners and drivers and initiatives for domestic oil exploration could mitigate these effects. Budget constraints and fuel price stabilization policies were also identified as relevant considerations for public administration. Consequently, it is recommended that the Local Government Unit of Padada, Davao del Sur, propose policies to address the impact of oil price increases on the transportation sector. Additionally, revising and strengthening Municipality Ordinance 003, Series of 2009, which allows for passenger fare adjustments based on daily oil prices, is advised.

E-Commerce Trend: Analysis of Student Online Shopping Activities

This study aims to analyze the specialization of online shopping for college students using descriptive analysis techniques. The sample used is 195 respondents using the total sampling technique. The student learned many things about economics and business. With e-commerce, this should be an opportunity to apply what has been learned in practice. These students can start by opening an online business. But they prefer to use e-commerce to buy specific items rather than sell products. The results showed that the categorization of student specialization (1) based on the device used to access e-commerce applications was a smartphone (android) as much as 84.10%; (2) by product category is fashion 45.64%; (3) the intensity of shopping frequency not less than three times a month is 51.79%; (4) based on the monthly budget in online shopping is less than one hundred thousand rupiahs is as much as 56.92%; (5) frequently used application is Shopee 72.31%, and (6) payment transaction system using Cash on Delivery (COD) as much as 72.31%.

Effect of body satisfaction on online impulse purchase behavior of young people

Purpose: This research aims to determine the effect of body satisfaction on impulse purchase behaviour and to detect differences in body satisfaction and impulse buying behaviour according to demographic factors. Materials and Method: The data were collected from 346 students educating different departments at a foundation university in Mersin. The survey method was used and analyzed with path analysis, independent samples t-test, and one-way ANOVA. Results: The positive effect of body satisfaction was observed on impulse buying behaviour. And differences in body satisfaction and impulse buying behaviour were investigated according to gender and monthly budget. Body satisfaction differs by gender, while impulse buying behaviour to a monthly budget. Conclusion: Purchase behaviour tends to increase when body satisfaction increases. Body satisfaction is higher among male students, and the purchase behaviour of students with a high monthly budget is more.

Implementasi Aplikasi Tabungan Ibu di Posbindu Pesanggrahan, Jakarta Selatan

Housewives play an important role in managing family finances. In managing finances, you must have a clear and accurate monthly budget. This budget must then be adhered to so that finances are really under control. Mothers can make it in writing in a book, or electronically. Currently, the use of gadgets is almost never out of hand because it is considered a source of information that can be accessed anytime and anywhere. Problems of housewives in general, namely: 1). There is no household budget; 2). Uncontrolled spending; 3). Not making a long term plan; 4). Haste in investing. This activity is carried out with the stages of problem identification, analysis of problem solving and solutions, making materials, implementation, evaluation and mentoring. Improving the ability of housewives to manage family finances by using the Android-based Mother's Savings application is considered very effective and efficient. The results of this activity enable housewives to increase their ability to manage finances, improve family welfare, and improve their ability to use information technology.

The Effect of Sensory Marketing on the Purchase Behavior of Sports Wear Products

Intense competition conditions push businesses and brands to differentiate. One of the ways brands differentiate themselves from their competitors is to carry out interesting marketing activities for consumers. In this sense, sense-oriented marketing strategies can be used to activate the purchasing behavior of consumers. This research aims to reveal how consumers are affected by sensory marketing elements when purchasing sports ready-to-wear products and their differences according to demographic characteristics. Tekin (2021) used the scale of “the effect of sensory marketing on the buying behavior of ready-made clothing”, which he used in his graduate study. The sample group consists of 241 female and 259 male participants who volunteered and visited the sports shops of 6 shopping centers in Istanbul. In the analysis of the data, Multiple Frequency, Mann-Whitney U test and Kruskal Wallis analyzes were applied.It is seen that men, participants with university education, 34-41 age group and 2501-4000 TL monthly income spend more in the consumption of sports textile products. The participants stated that they purchase 10% or less of their monthly budget for sports products, they mostly buy from the physical store, they prefer classical music in the store, they show more demand for light colored products, and the majority prefer the Adidas brand. The effect of visual, olfactory and tactile stimuli in the store atmosphere on the consumption of sports textile products, on gender and education; visuality of brand and store design on gender, education and monthly income; It has been determined that olfactory and auditory stimuli show significant differences according to education and monthly income. It is seen that the effect of product visualization and the effect of olfactory, auditory and tactile stimuli do not change according to any personal characteristics.

Hannah Claire Haines, 1891–1974: Not the Average “Militant Female”

Hannah Claire Haines, 1891–1974: Not the Average “Militant Female”

Discrepancies Between the Cost of Advanced Lung Cancer Treatment and How Much Is Reimbursed by the Brazilian Public Healthcare System

ObjectiveLung cancer is the leading cause of cancer-related death worldwide, and most patients are diagnosed of advanced disease. Molecular-targeted therapy and immunotherapy increase survival among these patients. In this study, we compared the cost of the best treatments available with the amount reimbursed by the Brazilian public healthcare system (Sistema Único de Saúde [SUS]) to treat advanced lung cancer. MethodsThe authors divided lung cancer into 10 subtypes according to histology and molecular profile. A panel of experts defined the best treatment sequencing for each subtype. The authors considered only drug costs retrieved from the Brazilian Health Regulatory Agency official data. The progression-free survival of each regimen was considered as treatment duration. The cost estimate included all postprogression therapies weighted by each subtype proportional frequency. The amount reimbursed by SUS was the sum of the monthly budget accumulated during the estimated treatment duration and then for the proportional frequency of each subtype. ResultsThe budget reimbursed by SUS for treating each advanced lung cancer case in Brazil is R$8000.00 in average whereas the cost estimate for the best treatment available is R$729 454.00 per case, which represents a difference of 9118%. The budget impact to ensure the reimbursement needed to acquire the best treatments available was estimated in near R$13 billion annually. ConclusionsThe cost estimate of the best treatment available for advanced lung cancer in Brazil is much higher than the amount reimbursed by SUS. This budgetary gap leads to a major access barrier that may compromise the survival outcomes of SUS users.

Energy Saving to Diminish the Electricity Demand by Regulating HVAC System

Energy saving to diminish the power demand is more important when the substantial increase of electrical tariffs mount financial pressure on monthly budget of the end-users. The higher amount of electricity bill is one of the driving forces to investigate the epicentre of energy consumption at university campus. The objective of the study presented in paper is to test a strategy which could achieve significant reduction in electricity demand and associated bills. The load demand of all buildings and other entities at the campus have analysed using electricity bills of 30 months since 2016 to 2019. From the analysis of collected data, it is observed that HVAC units are responsible for most of electricity consumption at campus. Two split type HVAC units each of 2-ton capacity equipped with rotary compressor have considered in study to measure their energy intakes. Each unit has put in observation for three days with a thermostat setting of 23°C and 25°C. Assuming the similar atmospheric conditions, the HVAC unit at thermostat setting of 25°C has consumed average 147 Watts less power compare to the thermostat setting of 23°C. If the energy saving strategy by regulating set point of thermostat from 23°C to 25°C is deployed to the entire cooling load, it is estimated that hourly 5.33% energy and 0.081 kg of CO2 emission could be saved. This strategy would significantly diminish the electricity bills and support to clean environment. The findings of work are imperative to quantify the significant amount of energy demand reduction at the university campus.

Intelligent Electrical Device Load Scheduling for Building Energy Management

Currently, electrical energy is one of the primary needs in everyday life. Almost every device used for daily life uses electric power. However, the lack of user awareness in electronic devices can cause monthly electricity bills to be out of control, both in-office and residential areas. To improve the efficiency of electrical energy use in offices and housing, we designed a management system and control of daily electricity consumption so that it does not exceed the target of the monthly electricity bill. In this system, we integrate the priority of electronic devices into the optimization algorithm. This system uses a priority queue algorithm and genetic algorithm in scheduling electronic devices optimally. The system was created in the form of a website to limit the use of electrical energy by optimizing device scheduling. The method used is the Genetic Algorithm to calculate the duration of use of each electrical device so as not to exceed the predetermined monthly budget limit. This method will provide a recommended number of operating hours per day for 30 days for each electrical device that has been registered in the system. At the same time, the priority queue algorithm will adjust the duration of operation of each device based on the priority order of the device. Based on the test, the optimal fitness value is in the 60th generation, with an average execution time of 0.18 seconds. In testing the rules for both methods, this system has an accuracy rate of 100%. The system has been running according to the designed regulations.

An Integrated Hydrological Modelling Approach to Evaluate the Capacity of Keenjhar Lake by Using STELLA

Due to overexploitation and lower rainfall rates, it is essential to study the detailed water balance of the Keenjhar lake by considering the climate change impacts and higher water demands linked with the population growth. A hydrological model of Keenjhar Lake is developed based on a system dynamic approach using STELLA (Structural Thinking and Experiential Learning Laboratory with Animation). The model (STELLA) developed in the current research study comprises the following three sub-systems: population, water supply, and water demand. The hydrological and climate data for the period of seventeen years (2000–2016) is used in the current study. The monthly water budget of the Keenjhar Lake is determined by inflow components such as rainfall and the Kalri-Baghar Feeder (K.B.F) (upper) and outflow components such as evaporation, the K.B. Feeder (lower), and the Keenjhar-Gujju (K.G) canal from the lake. The water balance results revealed that the contribution of direct rainfall and the annual inflow components to the lake are 22.03% and 77.91%, respectively. Whereas the evaporation, outflow to K.B.F lower and water abstraction to the K.G. Canal constituted about 5.78%, 92.55%, and 1.57% of the total annual outflow from the lake, respectively. Moreover, the annual inflow components of the water budget of the lake showed a declining trend while the outflow components (water abstraction) intimated an increasing trend. The study results also acknowledged that the demand for water can increase from 3 × 1010 ft3/yr up to 1.2 × 1011 ft3/yr by the year 2050 (influence of overdrawing of water due to population growth), and water supply may decrease to 9.066 × 1010 ft3 (rainfall depletion due to climate change). A detailed water balance explains the main water loss components and will help in developing better water management practices and well-informed policy decisions.

Technological Resources Used in Virtual Learning and Coping Strategies of Nursing Students

The COVID-19 pandemic in the Philippines caused schools to shift from face-to-face learning to a flexible learning approach that partly requires technology to deal with. Given this solution, the implementation caused struggles for nursing students with limited technological resources. Thus, the researchers deemed it necessary to conduct this research to describe the technological resources used by the nursing students and the coping strategies they develop to manage their situation. This research used a quantitative descriptive-correlational approach; a total enumeration as sampling design gathered through questionnaire was utilized. Analysis of data revealed that most of the profile of respondents were female, from the rural area, monthly family income belonged to the low-income group (but not poor), the monthly budget for internet Php 1,001 to Php 1,500, and using a router. The result also showed that students get stressed out when they get disconnected in the online discussion. They also felt pressure in their academic subjects, resulting in ineffective learning and trouble uploading videos. Given these, the student’s coping strategy is to download the PPT/PDF of the online lessons to manage the situation. Correlation analysis was used and revealed that all variables were correlated to each other. This study came up with a proposed program to augment limited technological resources with the aid of the school and in collaboration with other agencies that can address this concern.

Epidemiologic features and burden of atopic dermatitis in adolescent and adult patients: A cross-sectional multicenter study

BackgroundAtopic dermatitis (AD) is considered as one of the most frequent chronic skin conditions. Previous AD epidemiologic studies have been mainly retrospective and/or have been performed through surveys instead of in-person visits. Epidemiological studies concerning AD in Latin American countries are scarce. ObjectiveTo describe sociodemographic and clinical features and the economic burden of AD on children and adult patients in Colombia through in-person visits. MethodsThis was a cross-sectional study of 212 patients that included sociodemographic and clinimetric data. The diagnostic criteria of Hanifin and Rajka was used and data relating to disease distribution, disease severity (through the BSA: Body surface area; EASI: Eczema Area and Severity Index; SCORAD: Scoring Atopic Dermatitis), Fitzpatrick's skin phototypes, personal and familiar history of allergic diseases, previous treatments, and personal history of comorbidities, was collected. ResultsPatient age range was 12–76, and 52.8% were female. Disease distribution was mainly flexural (19.6%). Early age start, Denni-Morgan fold, and infections tendency were more frequent in adolescents compared to adults. Mean age of diagnosis was 12 years old, AD diagnosis was made mostly by a dermatologist, 48.1% (102 patients) reported alcohol consumption, and 59% of consumers were heavy drinkers. Comorbidities found were: chronic rhinitis (68.9%) food allergy (32.5%), allergic conjunctivitis (29.7%), and asthma (28.8%). Around 81% earned less than $896 US dollars and 59% invested 6–30% of their monthly budget yearly, and 40% had work or school absenteeism. Mean scores of BSA, EASI, and SCORAD involvement were 32.6, 13.7, and 42.4, respectively. ConclusionsThis study adds well-supported data through an in-depth clinical and economical characterization of Colombian adolescents and adult patients with atopic dermatitis and shows its high impact and burden on patients and their families. It also contributes to understand the burden of AD in Latin America.

Sistem Informasi Audit Penyerapan Anggaran Berbasis Web

Implementation of Government Regulation No. 60 of 2008 concerning the government's internal control system, which requires an evaluation of the implementation of the budget for each business unit in each government agency. This assessment will be carried out by the Internal Control Department (SPI), which in this case concerns the use of the monthly budget by units and universities at UIN Walisongo Semarang. This audit will advise the consultant on the implementation of the relevant unit budget. An online budget audit program needs to be developed to ensure accurate information. This information system helps SPI auditors determine the performance of absorption of the unit and faculty budget. Audit software development by adopting research and development (R&D). The program developed on the web goes through the planning, system analysis, system model, and system design phases. Tools that include context diagrams and flowcharts are used to illustrate the course of a series of operations in this program. Testing the feasibility of the software using the black box method and the result is an information system that is applied to the budget audit implementation at Walisongo Islamic University in Semarang.
 Keywords: Information System, Internal Audit Budget Absorption.

PROSES PEMBERDAYAAN PADA KELUARGA PENERIMA MANFAAT PROGRAM KELUARGA HARAPAN DALAM PERTEMUAN PENINGKATAN KAPASITAS KELUARGA SESI PENGELOLAAN KEUANGAN (STUDI DESKRIPTIF DI KELURAHAN SRENGSENG SAWAH, KECAMATAN JAGAKARSA, KOTA JAKARTA SELATAN, PROVINSI DKI JAKARTA)

This research is descriptive qualitative research that discusses the financial management of beneficiary (KPM) of Program Keluarga Harapan (PKH) organized by the Ministry of Social Affairs of the Republic of Indonesia in Srengseng Sawah Village, Janggakarsa District, South Jakarta. Data collection in this study was conducted through observation and interviews with purposive sampling technique. This study generally aims to see the process of empowering beneficiaries of the Program Keluarga Harapan in the Family Capacity Building Meeting (P2K2) or Family Development Session (FDS) in Srengseng Sawah Village and to determine the role of assistants in implementing P2K2 Financial Management Sessions in Srengseng Sawah Village. The results of the study indicated that in implementing P2K2 Financial Management Sessions, there were several obstacles and problems. From the KPM PKH side, there are problems, such as: (1) not being able to differentiate between needs and wants and (2) unable to regulate expenses that must be prioritized, postponed, reduced, or eliminated. In terms of PKH human resources, there are obstacles in making KPM PKH stay focused during P2K2 because the composition of the Companion versus KPM is not ideal. Through this research also found a positive impact that occurred after the empowerment process in P2K2 Financial Management Sessions. Among them, the knowledge and expertise in making monthly budgets and saving plans have been implemented by most of the KPM PKH, resulting in reduced debt, the ability to better manage household finances which leads to better economic conditions.