CASE STUDY OF MONTHLY POCKET MANAGEMENT OF STUDENTS OF PGRI MPU SINDOK UNIVERSITY, NGANJUK DISTRICT

Abstract

Background: Students are at the stage to independence, including in managing finances to meet daily needs and college needs. Management of pocket money is important because students need to adjust their source of money owned by various needs for one month. In practice, students can face limited money, unexpected expenses, and difficulty in determining priorities and controlling expenses. Objective: This research aims to describe and understand the management of monthly pocket money of students from PGRI Mpu Sindok University Nganjuk Regency, especially in managing the source of money, determines the priority of needs, control expenses, and confronting financial obstacles for a month. Method: This research uses a qualitative approach with the descriptive case study method. Data was obtained through an interview with 10 students from PGRI Mpu Sindok University Nganjuk Regency is obtained through money to meet daily needs and lectures. Result: The results of the study show that the student money source comes from parents or guardians, the results of the work on their own, or the two of them. In regulating spending, as many as 60% of respondents prioritized the priority of needs, 30% limited spending, and 10% adjusted spending at the amount of money available. The obstacles faced by students include unexpected expenses of 50%, sometimes insufficient money until the end of the month is 30%, and the difficulty controlling the desire to buy 20%. To overcome this obstacle, students adjusted the expenses and reduced less important expenses. Conclusion: This study indicates that the management of students’ pocket money is not only influenced by sources and amount of money they have, but also by the ability to determine priorities and control expenses.