Technofinance for Youth: Enhancing Financial Literacy Through Basic Excel Financial Mathematics
DOI:
https://doi.org/10.57119/abdimas.v5i1.216Keywords:
Education, Financial Literacy, Microsoft Excel, TechnofinanceAbstract
The inadequate financial literacy of the younger generation is a difficulty in the digital age, characterised by the growing prevalence of technology in financial transactions. This community service initiative seeks to enhance participants' financial literacy by employing a technofinance methodology that combines fundamental financial mathematics with Microsoft Excel use. The activity included 32 individuals aged 8 to 15 years from diverse educational backgrounds. The implementation methodology had five phases: preparation, needs assessment, outreach, training, and evaluation. The training content encompassed fundamental financial literacy principles, including income and cost management, budgeting, saves, profit and loss and their implementation utilising Microsoft Excel. The evaluation results indicated a substantial enhancement in participants' comprehension, reflected by an average score rise from 30.60 in the pre-test to 89.37 in the post-test. This gain corresponds to 192% relative to the beginning level. This program enhanced financial comprehension and effectively cultivated participants' abilities to employ technology for basic financial calculations and administration. Consequently, the Microsoft Excel-based technofinance methodology has demonstrated efficacy in enhancing the financial literacy of the youth and possesses the potential for broader application.
Downloads
References
Abdallah, W., Tfaily, F., Harraf, A., 2025. The impact of digital financial literacy on financial behavior: customers’ perspective. Competitiveness Review: An International Business Journal 35, 347–370. https://doi.org/10.1108/CR-11-2023-0297
Almeida, L., Chanoca, J., Tavares, F., 2024. Financial Literacy: A Case Study for Portugal. Journal of Risk and Financial Management 17, 215. https://doi.org/10.3390/jrfm17050215
Alpiansah, R., Fitriyah, N., Lewandowski, M., 2025. Technofinance Literacy, Financial Support and the Use of Bookkeeping Application on the Financial Behaviour. Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (Jebma) 5, 480–492. https://doi.org/10.47709/jebma.v5i2.6645
Alpiansah, R., Pratama, A.A., Yuliana, I., Ramdani, R., Dewi, P., 2023. Radio Talk Show: Seni Minimalis Kelola Keuangan Tipis. Jilpi - Jurnal Ilmiah Pengabdian dan Inovasi 1.
Choung, Y., Chatterjee, S., Pak, T.-Y., 2023. Digital financial literacy and financial well-being. Financ. Res. Lett. 58, 104438. https://doi.org/10.1016/j.frl.2023.104438
Kamble, P.A., Mehta, A., Rani, N., 2024. Financial Inclusion and Digital Financial Literacy: Do they Matter for Financial Well-being? Soc. Indic. Res. 171, 777–807. https://doi.org/10.1007/s11205-023-03264-w
Lia Dwi Martika, Hamzah, A., Oktaviani Rita Puspasari, 2024. The Dynamics Of Financial Literacy And Accounting Literacy In Coastal Communities. Jurnal Akuntansi 28, 300–318. https://doi.org/10.24912/ja.v28i2.1856
Mathematics, I.J. for C.S. and, 2026. Expression of Concern: Artificial Intelligence in Education: Mathematics Teachers’ Perspectives, Practices and Challenges. Iraqi Journal for Computer Science and Mathematics 7. https://doi.org/10.52866/2788-7421.1379
Mishra, D., Agarwal, N., Sharahiley, S., Kandpal, V., 2024. Digital Financial Literacy and Its Impact on Financial Decision-Making of Women: Evidence from India. Journal of Risk and Financial Management 17, 468. https://doi.org/10.3390/jrfm17100468
Preston, A., Qiu, L., Wright, R.E., 2024. Understanding the gender gap in financial literacy: The role of culture. Journal of Consumer Affairs 58, 146–176. https://doi.org/10.1111/joca.12517
Restu Alpiansah, Nur Fitriyah, Bambang Bambang, Mariusz Lewandowski, 2025. The Use of Database Management Systems Using the Financial Accounting Cycle. NUSANTARA Jurnal Pengabdian Kepada Masyarakat 5, 234–243. https://doi.org/10.55606/nusantara.v5i3.6312
Sticha, A., Sekita, S., 2023. The importance of financial literacy: Evidence from Japan. Journal of Financial Literacy and Wellbeing 1, 244–262. https://doi.org/10.1017/flw.2023.9
Suryani, E., Diswandi, D., Afwani, R., 2024. Techno-finance Literacy and Company Performance: Mediating Role of Risk Management Practices based on Structural Equation Modeling. Journal of International Commerce, Economics and Policy 15. https://doi.org/10.1142/S1793993324500169
Wen, X., Cheng, Z., Tani, M., 2024. Rural-urban migration, financial literacy, and entrepreneurship. J. Bus. Res. 175, 114302. https://doi.org/10.1016/j.jbusres.2023.114302
Yadav, M., Banerji, P., 2023. A bibliometric analysis of digital financial literacy. American Journal of Business 38, 91–111. https://doi.org/10.1108/AJB-11-2022-0186
Yang, J., Wu, Y., Huang, B., 2023. Digital finance and financial literacy: Evidence from Chinese households. J. Bank. Financ. 156, 107005. https://doi.org/10.1016/j.jbankfin.2023.107005
Yuliana, I., Alpiansah, R., Rahmatullah, A.Y., Dethan, S.H., 2025. Peningkatan Kinerja UKM: Peran Keunggulan Bersaing dalam Memoderasi Pengetahuan Produk dan Literasi Keuangan. SCIENTIFIC JOURNAL OF REFLECTION : Economic, Accounting, Management and Business 8, 994–1005. https://doi.org/10.37481/sjr.v8i3.1183
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Restu Alpiansah, Nur Fitriyah; Mariusz Lewandowski
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
