"Empowering Young Adults through Financial Management: Implications for Achieving the SDGs Among Indonesian Students in the Philippines "

Abstract

This study explores the critical factors influencing personal financial management among Indonesian students studying in the Philippines. Effective personal financial management not only ensures individual financial stability but also contributes to broader economic sustainability, aligning with Sustainable Development Goals (SDGs) such as poverty reduction (SDG 1) and responsible consumption (SDG 12). Using a qualitative descriptive approach through surveys and interviews, the study reveals that students prioritize financial management for long-term savings, utilize technology for budgeting and investments, and face challenges like uncontrolled spending and peer pressure. These findings highlight the importance of fostering financial literacy and discipline among young adults, which can lead to more sustainable financial behaviors. By promoting responsible financial practices, this research underscores the potential of personal financial management to contribute to both individual well-being and the achievement of global sustainability targets.