The Effect of Household Financial Management on Economic Stability (Empirical Study of Water Guava Farmers in Demak)

Abstract

Maintaining family economic stability, especially in the agriculture industry, depends heavily on household financial management. This study aims to explore the connection between water apple growers' financial stability and financial management in Mranak Village, Demak Regency, Central Java.  Data were gathered utilizing a survey method and a quantitative approach. Selected respondents were given questionnaires, and both descriptive and inferential statistical techniques were used for analysis.According to preliminary research, good financial habits including keeping track of spending, controlling consumption, and saving money have a big influence on the financial stability of households.  It is anticipated that the findings of this study will contribute to improving the financial literacy of Demak's water apple producers.