Implementation of Expense Recording Practices as an Effort to Foster Thrift Behavior Among Children at Sanggar Bimbingan Ampang

Abstract

This community service project was carried out to strengthen financial literacy and promote frugal behavior among students at Sanggar Bimbingan Ampang. Financial literacy is essential to build children’s understanding of responsible money management, yet many elementary students are still unfamiliar with basic financial practices, especially recording daily expenses. The lack of structured financial education and supporting media reinforces impulsive spending habits. Therefore, this activity aimed to introduce a practical method of recording expenditures as a learning tool to improve children’s awareness in managing pocket money. The program was implemented from October 18 to November 14, 2025, using an interactive lecture and guided practice approach. Participants received material on distinguishing needs and wants, followed by hands-on practice filling in children-friendly expenditure record sheets that included columns for dates, spending categories, total expenses, and remaining balance. Through direct assistance, students documented simulated transactions and reflected on their spending patterns. The results showed that students gained a better understanding of how their money is used and began to develop self-control in spending. They demonstrated increased enthusiasm, accuracy in recording, and awareness of unnecessary expenses. Although differences in comprehension levels and focus among participants posed challenges, the activity remained effective due to continuous mentoring and gradual guidance. Overall, this program successfully fostered frugal habits and improved basic financial literacy skills, making expenditure recording a relevant method for shaping responsible financial behavior from an early age.