TY - JOUR AU - Davis, Kimberly D. AU - Jones, Terry L. TI - Financial Health Literacy and Community-Dwelling Older Adults. A Concept Analysis TS - A Concept Analysis JF - Nursing Forum J2 - Nursing Forum VL - 2024 PY - 2024 PG - 10 SN - 0029-6473 DO - 10.1155/2024/3400780 UR - https://m2.mtmt.hu/api/publication/35998607 ID - 35998607 AB - Aim. To examine and clarify the concept financial health literacy (FHL) within the context of aging and healthcare. Background. Older adults have a high chronic disease burden and low financial and health literacy levels which often leads to high healthcare costs and poor self-management. Clarification of the concept FHL is necessary to better support nursing care and successful self-management. Design. Concept analysis using literary synthesis. Data Sources. Electronic databases were used to find scientific literature (i.e., PubMed, CINAHL, and Business Source Complete), and online dictionaries were used to find basic definitions. Review Methods. Walker and Avant's eight-step method was used as a guide to construct a concept analysis of FHL. Clinical, aging, financial, and economic studies were reviewed to determine defining attributes, antecedents, and consequences of FHL on the older adult's health. Results. FHL is defined as the knowledge, skills, and ability to make decisions that allow an individual to manage finances to optimally meet healthcare-related and household expenses, including resources to self-manage health, and plan for short-term, long-term, and end-of-life healthcare. Personal context, opportunity, and access are antecedents to FHL. There are 3 defining attributes: knowledge about health and financial-related concepts, skills in health and financial planning, and healthcare and financial-related decision-making behaviors. The 4 consequences of FHL include effective healthcare utilization, effective cost management, effective self-management, and positive health outcomes. Conclusions. FHL is a complex, multidimensional concept. A better understanding of this concept has significant nursing implications for research, clinical, practice, education, and policy development. Older adults have unique health and financial needs due to the complexity of retirement, living on a fixed income, and self-management of chronic diseases. Development of a FHL assessment tool and intervention is needed and may be supported based on the results of this concept analysis. © 2024 Kimberly D. Davis and Terry L. Jones. LA - English DB - MTMT ER - TY - JOUR AU - Sulistyowati, Chorry AU - Aryani, Made Gitanadya Ayu AU - Qalby, Zahrin Hasnina TI - Improving the Quality of Life for the Elderly Group through Basic Financial Literacy Education Program JF - JURNAL PENGABDIAN MASYARAKAT J2 - JPM VL - 4 PY - 2023 IS - 2 SP - 417 EP - 424 PG - 8 SN - 2745-9535 DO - 10.32815/jpm.v4i2.1247 UR - https://m2.mtmt.hu/api/publication/34376932 ID - 34376932 AB - Purpose: This research paper explores the significance of enhancing financial literacy among the elderly. It focuses on a community program in Gundih Village, Surabaya, conducted in August 2022, aiming to improve the elderly's quality of life through primary financial education.Method: The study employed a comprehensive approach, including workshops and assessments to teach critical financial concepts. Data was collected through surveys, interviews, and observations analyzed quantitatively and qualitatively to gauge the program's impact.Practical Applications: The study's findings have practical implications. By equipping the elderly with financial knowledge, particularly in retirement planning, savings, and loans, the program empowers them to make informed financial decisions, reducing potential burdens on their families.Conclusion: This research underscores the importance of financial literacy for the elderly. The program in Gundih Village serves as a successful model, demonstrating that improving financial knowledge enhances the elderly's financial independence, benefiting both them and their families. LA - English DB - MTMT ER -