Guidelines for Household Debt Management of the Ban Kok Sae Community Fund Management Center, Village No. 6, Nang Long Subdistrict, Cha-uat District, Nakhon Si Thammarat Province

Abstract

This research aimed to study household debt management strategies of the Ban Khok Sae Community Fund Management Center, Village No. 6, Nang Long Subdistrict, Cha-Uat District, Nakhon Si Thammarat Province. The Center plays a vital role in managing household debt at the community level by promoting financial discipline, reducing debt burdens, and strengthening the grassroots economy. Data were collected through in-depth interviews with three committee members of the Community Fund Management Center, three community development officers, and three members of the Center. The main research instrument was an in-depth interview form, and the collected data were analyzed using content analysis to synthesize systematic approaches to household debt management.

The results revealed that the Ban Khok Sae Community Fund Management Center employed three main strategies for household debt management: (1) the “One Household, One Contract” approach, which restructures debt into a single contract per household to simplify repayment and reduce interest burdens; (2) the promotion of supplementary occupations to increase household income and reduce expenses, thereby encouraging self-reliance and financial stability; and (3) the application of the Sufficiency Economy Philosophy in daily life to foster financial discipline, prevent repeated borrowing, and encourage a balanced and reasonable lifestyle. The findings indicate that household debt management through community mechanisms, coupled with strengthening financial discipline and promoting occupational development, can effectively reduce chronic debt problems. Moreover, it contributes to improving the quality of life and fostering long-term economic stability for households and the wider community.