PENERAPAN SMART SAVING HABITS MELALUI EDUKASI MENABUNG DAN BUDGETING UNTUK PEMBERDAYAAN EKONOMI GENERASI MUDA PANTI ASUHAN YPMS

Abstract

Financial literacy is an important competency for the younger generation to manage personal finances effectively. This Community Service Activity aims to enhance the knowledge and skills of children at the Yayasan Pembangunan Masyarakat Sejahtera (YPMS) Orphanage in personal financial management and the formation of early saving habits. The implementation methods include education, practice, and simple budgeting simulations using the envelope method based on the 50/30/20 allocation principle, as well as interactive evaluations. The results show an increase in participants' understanding in distinguishing between needs and wants, as well as in structuring financial planning. This activity contributes to increasing the younger generation's awareness of financial management as a foundation for financial independence.