Patterns of expenditure of older people in rural Indonesia

Astina, I Komang, Wan Ahmad, Wan Ibrahim, Ismail, Zainab and Amin, Saiful ORCID: https://orcid.org/0000-0001-5408-2898 (2022) Patterns of expenditure of older people in rural Indonesia. International Journal of Business Marketing and Management, 7 (2). pp. 21-25. ISSN 2456-4559

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Abstract

Does financial security of older persons in Indonesia adequate? Analysis on household incomes of rural older person is particularly important because the financial security in old age in Indonesia is yet to be improved. So far most of older people need to continue working as they have no sufficient income to earn a living in old age. The present paper discusses the result of a cross-sectional survey conducted to analyze the pattern of expenditure of older persons in Kota Batu, East Java, Indonesia. The aim of this paper is (1) to analyze the household income of older persons, and (2), to discuss the patterns of expenditure of older persons in Kota Batu. The results of the study show that most of the older people in the study had a very low income, equal to or less than Rp500 000 per month. Nealy all of elderly people reported they have spent most of the money on food, while a significant mount also spent on food and medical necessities. Not many elderly people spent their money on drugs, clothes, saving and entertainment. The result of the study also shows that nearly half of older persons were found to use nearly all of their monthly income without saving. There are only a small number of older person using below than half of their income for food every month.

Item Type:	Journal Article
Keywords:	elderly; labor force participant; financial support; financial hardships; income security
Subjects:	16 STUDIES IN HUMAN SOCIETY > 1604 Human Geography 16 STUDIES IN HUMAN SOCIETY > 1607 Social Work
Divisions:	Faculty of Tarbiyah and Teaching Training > Department of Social Science Education
Depositing User:	Saiful Amin
Date Deposited:	23 May 2022 14:40

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