Adaptation and Implementation of Financial Education for Early Childhood in the Post-Pandemic Era: A Case Study in Yogyakarta

Authors

  • Qotrun Nada Nafiah Universitas Islam Negeri Sunan Kalijaga Yogyakarta, Indonesia
  • Erni Munastiwi Universitas Islam Negeri Sunan Kalijaga Yogyakarta, Indonesia

DOI:

https://doi.org/10.14421/jpi.2023.121.87-96

Keywords:

Financial literacy, Early childhood education, Student-centred learning approach, Pandemic era

Abstract

Purpose – This study aims to examine and understand financial education practice for early childhood in Yogyakarta during the post-pandemic era to gain new insights and knowledge relevant to the subject.

Design/methods/approach – This research employs a qualitative and case study approach. Data was collected through structured interviews using WhatsApp and Zoom Meetings with 10 teachers from Raudhatul Athfal. Data analysis was based on Miles and Huberman’s data reduction, display, and verification technique.

Findings – The findings indicate a significant change in financial education practice post-pandemic. The impact of remote learning on children's financial education, along with the efforts of teachers in planning, implementing, and evaluating financial education programs, has been identified. Teachers are crucial in implementing the student-centered learning approach to enhance financial literacy.

Research implications – These findings provide important insights into the significance of the student-centered learning approach in financial education and the vital role of teachers as facilitators in the learning process. This study also emphasizes the need for ongoing evaluation and cooperation between teachers and parents in children's financial education. The results can contribute to developing policies and practices in financial education, particularly in the post-pandemic context, and open opportunities for further research in this field.

Downloads

Download data is not yet available.

References

Alsemgeest, L. (2015). Arguments for and against financial literacy education: Where to go from here? International Journal of Consumer Studies, 39(2), 155–161. https://doi.org/10.1111/ijcs.12163

Ahundjanov, B. B., Akhundjanov, S. B., & Okhunjanov, B. B. (2020). Information search and financial markets under COVID-19. Entropy, 22 (7), 791, 1–18. https://doi.org/10.3390/ e22070791

Amagir, A., Groot, W., van den Brink, H. M., & Wilschut, A. (2020). Financial literacy of high school students in the Netherlands: knowledge, attitudes, self-efficacy, and behavior. International Review of Economics Education, 34. https://doi.org/10.1016/J.IREE.2020.100185

Amalia, A. R., Fatmawat, L., Rahmah, N., Nilasari, R., & Amelia, T. (2021). Gerakan Literasi Keuangan Melalui Media Menabung Sejak Dini. Prosiding Dedikasi: Pengabdian Mahasiswa Kepada Masyarakat, 1(1), 34–43. http://openjournal.unpam.ac.id/index.php/PD/article/view/10944

Anggun, L. (2022). Perkembangan Kejahatan Tindak Pidana Pencucian Uang Dan Tindak Pidana Pendanaan Terorisme (TPPU Dan TPPT) Di Masa Pandemi Covid-19. Technology and Economics Law Journal, 1(1). https://scholarhub.ui.ac.id/telj/vol1/iss1/5

Anggaeni, I. (2022). Identifikasi Pembelajaran Literasi Finansial pada Pendidikan Anak Usia Dini. Al-Ma’rifah, Jurnal Pendidikan Anak Usia Dini, 1(1).

Azizah, N. S. (2020). Pengaruh Literasi Keuangan, Gaya Hidup Pada Perilaku Keuangan Pada Generasi Milenial. Prisma (Platform Riset Mahasiswa Akuntansi), 1(2), 92–101. https://ojs.stiesa.ac.id/index.php/prisma/article/view/422

Budianto, B. (2020). Gerakan Gemar Menabung untuk Siswa Sekolah Dasar di Kecamatan Meureubo, Aceh Barat. Dinamisia : Jurnal Pengabdian Kepada Masyarakat, 4(1). https://doi.org/10.31849/DINAMISIA.V4I1.3113

Beneke, M. & Cheatham, G. (2016). Inclusive, Democratic Family-Professional Partnerships:(Re)Conceptualizing Culture and Language in Teacher Preparation. Topics in Early Childhood Special Education. 35. 234-244. 10.1177/0271121415581611.

Black, P., & Wiliam, D. (2009). Developing the theory of formative assessment. Educational Assessment, Evaluation and Accountability, 21(1), 5-31.

Bonang, D. (2019). Pengaruh Literasi Keuangan terhadap Perencanaan Keuangan Keluarga di Kota Mataram. J-EBIS (Jurnal Ekonomi Dan Bisnis Islam), 4(2), 155–165. https://doi.org/10.32505/V4I2.1256

Daniels, Denise & Perry, Kathryn. (2003). "Learner-Centered" According to Children. Theory Into Practice. 42. 102-108. 10.1207/s15430421tip4202_3

de Marrais, K. (2004). Qualitative interview studies: Learning through experience. Routledge

Dearing, E., Kreider, H., Simpkins, S., & Weiss, H. B. (2006). Family involvement in school and low-income children’s literacy: Longitudinal associations between and within families. Journal of Educational Psychology, 98(4), 653–664. https://doi.org/10.1037/0022-0663.98.4.653

Desforges, C., & Abouchaar, A. (n.d.). The impact of parental involvement, parental support and family education on pupil achievement and adjustment : a literature review.

Dewi, Rooswita & Rachmah, Dwi & Ekaputri, Faridya & (Indonesia), Meydisa. (2019). Effectiveness of Student – Centered Learning to Increase Learning Motivation of Students in Inventory Assessment Class. Researchers World : Journal of Arts, Science and Commerce. X. 14. 10.18843/rwjasc/v10i2/02.

Duke, Nell & Pearson, P.. (2002). Effective Practices for Developing Reading Comprehension. What research has to say about reading instruction. 3. 10.1598/0872071774.10.

Esterberg, K. G. (2002). Qualitative methods in social research. Boston: McGraw-Hill.

Frisancho, V. (2020). The impact of financial education for youth. Economics of Education Review, 78. https://doi.org/10.1016/j.econedurev.2019.101918

Gudjonsson, S., Jonsdottir, S. M., & Minelgaite, I. (2022). Knowing More Than Own Mother, Yet not Enough: Secondary School Students’ Experience of Financial Literacy Education | Žinantis daugiau nei mama, bet vis tiek nepakankamai: vidurinių mokyklų mokinių patirtys, mokantis finansinio raštingumo. Pedagogika, 145(1), 5–21. https://doi.org/10.15823/p.2022.145.1

Huhmann, B. A., & McQuitty, S. (2009). A model of consumer financial numeracy. Marketing, 27(4), 270-293. https://doi.org/10.1108/02652320910968359

Hunt, K. (2016). Investment risk profiling: Lessons from psychology. Financial Planning Research Journal, 1(1), 49–63

Itiakorit, H., Sathyamoorthi, A., O’Brien, B. E., & Nguyen, D. (2022). COVID-19 Impact on Disparity in Childhood Immunization in Low- and Middle-Income Countries Through the Lens of Historical Pandemics. Current Tropical Medicine Reports, 9(4), 225–233. https://doi.org/10.1007/s40475-022-00273-6

J Moleong Lexy, Metode Penelitian Kualitatif(Bandung: Rosda Karya, 2002).

Jazariyah, J., & Durtam, D. (2019). Pendampingan Pembuatan Alat Permainan Edukatif (APE) Pengenalan Literasi untuk Anak Usia Dini. Dimasejati: Jurnal Pengabdian Kepada Masyarakat, 1(2). https://doi.org/10.24235/DIMASEJATI.V1I2.5471

Kasna, I. K. (2021). Kawal Pemulihan Ekonomi Usai Pandemi. Jurnal Ilmiah Cakrawarti, 4(2), 103–113. https://doi.org/10.47532/JIC.V4I2.302

Klepacki, K., Tomczyk, Ł., Miękisiak, G., & Morasiewicz, P. (2022). The Effect of the Covid-19 Pandemic on the Epidemiology of Ankle Joint Injuries in Adults and Children. Ortopedia, Traumatologia, Rehabilitacja, 24(6), 363–373. https://doi.org/10.5604/01.3001.0016.2318

Linciano, N., & Soccorso, P. (2012). We are assessing investors' risk tolerance through a questionnaire. Borsa: CONSOB Research Division

Linder, T. W., & Bergstrom, M. K. (2015). Let us play! How preschool teachers' beliefs about play influence their practices. Early Childhood Education Journal, 43(6), 451-459.

Lusardi, A., & Scheresberg, C. (2013). Financial literacy and high-cost borrowing in the United States. National Bureau of Economic Research, Working Paper, No18969.

Marpaung, D. N., & Azzajjad, M. F. (2020). The Effectiveness of Student Centre Learning in Experiment Method on Acid and Base Solution to Increase Student Achievement. Journal of Applied Science, Engineering, Technology, and Education, 2(1), 32–36. https://doi.org/10.35877/454ri.asci2156

Murtani, A. (2019). Sosialisasi Gerakan Menabung. SINDIMAS, 1(1), 279–283. https://doi.org/10.30700/SM.V1I1.585

Mustikaati, W., Fajrussalam, H., & Sanny, A. (2021). Efektivitas Pelaksanaan Literasi Finansial untuk Anak di Lingkungan Keluarga pada Masa Pandemi Covid-19. Jurnal Al-Qiyam, 2(2), 149–155. https://doi.org/10.33648/ALQIYAM.V2I2.160

Morse, J. M. (2015). Critical Analysis of Strategies for Determining Rigor in Qualitative Inquiry. Qualitative Health Research, 25(9), 1212-1222.

Obure, P. A. (2017). Effect of financial literacy on personal investment decision among bankers in Kenya. A Research Project Presented in Partial Fulfillment of the Requirement for the Ward of the Degree of Master of Science. University of Nairobi, Kenya

OECD INFE. (2009). Financial education and the crisis: Policy paper and guidance, OECD Publishing

Oktaviani, R. F., Meidiyustiani, R., Qodariah, Q., & Iswati, H. (2022). Edukasi Menumbuhkan Literasi Finansial Pada Anak Usia Dini di Masa Pandemi Covid-19. ABDI MOESTOPO: Jurnal Pengabdian Pada Masyarakat, 5(2), 133–140. https://doi.org/10.32509/ABDIMOESTOPO.V5I2.1654

Rapih, S. (2016). Pendidikan Literasi Keuangan pada Anak: Mengapa dan Bagaimana? Scholaria: Jurnal Pendidikan Dan Kebudayaan, 6(2), 14–28. https://doi.org/10.24246/J.SCHOLARIA.2016.V6.I2.P14-28

RobertK.Yin,StudiKasus:DesainDanMetode

(Jakarta:RajaGrafindoPersada,2013).

Seidman, I. (2006). Interviewing as Qualitative Research: A Guide for Researchers in Education and the Social Sciences. Teachers College Press

Suherman, S., Kurniawati, H., & Mohidin, R. (2023). Determinants of financial risk tolerance: Evidence from the Indonesian millennials. Humanities and Social Sciences Letters, 11(1), 67–82. https://doi.org/10.18488/73.v11i1.3300

Wahyuni, S., & Reswita, R. (2020). Pemahaman Guru mengenai Pendidikan Sosial Finansial pada Anak Usia Dini menggunakan Media Loose Parts. Jurnal Obsesi : Jurnal Pendidikan Anak Usia Dini, 4(2), 962. https://doi.org/10.31004/OBSESI.V4I2.493

Wardiana, T. A., Nurhayati, N., & Ihwanudin, N. (2022). Implementasi akuntansi salam dalam aplikasi shopee. Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 5(1), 523–532. https://doi.org/10.32670/FAIRVALUE.V5I1.1874

Widdowson, D., & Hailwood, K. (2007). Financial literacy and its role in promoting a sound financial system. Reserve Bank of New Zealand Bulletin, 70(2), 37–47

Yuwono, W. (2020). Konseptualisasi Peran Strategis dalam Pendidikan Literasi Keuangan Anak melalui Pendekatan Systematic Review. Jurnal Obsesi : Jurnal Pendidikan Anak Usia Dini, 5(2), 1419–1429. https://doi.org/10.31004/OBSESI.V5I2.663

Downloads

Published

29-06-2023

How to Cite

Nafiah, Q. N., & Munastiwi, E. (2023). Adaptation and Implementation of Financial Education for Early Childhood in the Post-Pandemic Era: A Case Study in Yogyakarta. Jurnal Pendidikan Islam, 12(1), 87–96. https://doi.org/10.14421/jpi.2023.121.87-96