Strengthening Personal Financial Planning Capacity of Women Through a Workbook-Based and Digital Financial Application: A Community Service Program with Nasyiatul Aisyiyah Banyumas

Maulida Nurul Innayah; Bima Cinintya  Pratama; Rifka Utami Arofah

doi:10.63922/ijebir.v5i06.7231

Maulida Nurul Innayah Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto
Bima Cinintya Pratama Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto
Rifka Utami Arofah Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto

DOI: https://doi.org/10.63922/ijebir.v5i06.7231

Keywords: personal financial planning, financial capability, women’s empowerment, financial workbook, digital financial tools

Abstract

Women play a central role in managing household finances, yet their financial planning capacity remains underdeveloped. The 2025 National Survey on Financial Literacy and Inclusion recorded a financial literacy index of 65.58 percent for women, lower than the 67.32 percent recorded for men, while literacy concerning pension products reached only 27.79 percent and sharia financial literacy 43.42 percent. A more fundamental problem lies in the distance between knowing and doing: understanding financial concepts does not automatically lead individuals to prepare a budget, set an emergency fund target, or estimate the funds required for retirement. This community service program was conducted with the Regional Board of Nasyiatul Aisyiyah Banyumas, and aimed to strengthen personal and household financial planning capacity through a practice-based approach. The program combined Community Education and Training methods delivered through lectures, demonstrations, workshops, discussions, and guided practice. The principal medium was a structured eight-step workbook that required participants to compute their own financial position, supported by the Bijak Arta online calculator and a QR-based risk profile questionnaire. The material covered monthly budgeting, four financial health indicators, debt restructuring, emergency fund target setting, retirement fund estimation using the 4 percent rule, risk profile identification, the selection of conventional and sharia investment instruments, and the verification of investment legality. Program evaluation combined pre-test and post-test assessments with facilitator observations and reviews of the worksheets completed during the session. The findings are interpreted in terms of the assessment results, participant engagement, and immediate planning outputs, rather than as evidence of sustained changes in financial behaviour. The program also produced a structured workbook that was submitted for copyright registration as a resource for potential future implementation in other organisational settings.

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