Phenomenological Study: The Role of Bali Hindu Women in Household Accounting Practices

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 10

Abstract

The phenomenology in this research will delve deeper into understanding how Balinese Hindu women experience and interpret the practice of household accounting in the context of their daily lives. For Balinese Hindu women, the role of household accounting has its unique aspects, especially in managing the needs for culture and rituals. In this study, Goal Setting Theory is employed to portray the role of Balinese Hindu women in household accounting practices. This study focuses on Balinese Hindu women as individuals managing family finances. It employs a qualitative phenomenological research method with an interpretive paradigm, based on the Interpretative Phenomenological Analysis (IPA) approach, to gain a deeper understanding of individual life experiences and perspectives. The technique used in this research is Snowball Sampling, in accordance with the specified criteria. The study involves 7 informants residing in Denpasar. Based on the results of interviews in this research, it was found that, Clarity (openness) in financial management increases trust in the household, Challenges in financial management can encourage Balinese Hindu women to be more creative and wise in managing family finances, Commitment (commitment) in management finances are very important to achieve structured finances and wise use of funds, constructive and regular feedback from the husband helps increase motivation, self-confidence and effectiveness in financial management, Task Complexity (Task Complexity) clear and realistic goals, as well as wise management of funds, is very important to achieve family financial stability and prosperity.

Authors and Affiliations

Luh Gede Sridarmaningrum , I Putu Sudana , I Dewa Nyoman Badera , Ni Ketut Rasmini,

Keywords

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  • EP ID EP748621
  • DOI 10.47191/jefms/v7-i10-26
  • Views 48
  • Downloads 0

How To Cite

Luh Gede Sridarmaningrum, I Putu Sudana, I Dewa Nyoman Badera, Ni Ketut Rasmini, (2024). Phenomenological Study: The Role of Bali Hindu Women in Household Accounting Practices. Journal of Economics, Finance and Management Studies, 7(10), -. https://europub.co.uk./articles/-A-748621