Creating a Digital Business Plan Ready for Funding at Nurul Ihsan Islamic Boarding School

Abstract

Good financial management is an important skill that needs to be instilled from an early age, especially for students in Islamic boarding schools who generally have limited pocket money. Low financial literacy among students results in a lack of savings habits and poor personal financial planning. This Community Service (PKM) activity aims to improve the financial literacy of students at Nurul Ihsan Islamic Boarding School and foster savings habits as a foundation for future independence. The method used is a participatory approach through interactive lectures, discussions, financial recording simulations, savings practices using "student piggy banks," and direct mentoring. The results of the activity showed an increase in students' understanding of the concept of financial literacy, their ability to distinguish between needs and wants, and their skills in setting aside part of their pocket money for savings. Students also showed high enthusiasm in discussions and savings practices, indicating a positive change in their financial awareness.