Enhancing students’ financial management skills through counseling at STIE Pancasetia Banjarmasin

Abstract

This community service project aimed to improve the financial management skills of students at STIE Pancasetia Banjarmasin, who are typically in the early stages of learning how to manage their finances independently. Many students rely on limited financial resources, primarily from parental support, and often struggle to allocate their funds efficiently. The activity involved interactive counseling sessions that provided students with practical knowledge and guidance on budgeting, saving, planning for future expenses, and distinguishing between needs and wants. The counseling used presentation methods and direct Q&A to engage students in reflecting on their personal spending habits. Results showed that students generally have a good understanding of financial management, as indicated by behaviors such as budgeting, saving, and fulfilling financial obligations on time. However, the gap between knowledge and consistent application remains a challenge. The program concluded that continuous financial education is necessary to foster stronger financial awareness and independence among students