Guidelines for solving debt problem of Phuket’s people

Abstract

          The guidelines for solving the debt problems of people in Phuket aims to study sustainable development goals (SDGs) as a qualitative research approach. Data was collected through in-depth interviews with executives of various types of financial institutions in Phuket province, totaling 6 individuals. This research also aims to identify factors related to debt issues that are correlated with the guidelines for solving the debt problems of people in Phuket as a quantitative research approach. Data was collected using questionnaires from 399 households residing in Phuket province. Statistical methods used in the research included descriptive statistics, which involved frequency, percentage, mean, and standard deviation calculations. Inferential statistics were used to analyze the data, including correlation coefficient calculations. The study revealed that the SDGs that were most frequently incorporated into the guidelines for solving the debt problems included Goal 1: No Poverty and Goal 8: Promoting sustained economic growth. In the analysis of factors contributing to debt issues related to the guidelines for solving the debt problems of people in Phuket, 7 dimensions were identified: income, economy, expenses, attitudes, consumption behavior, debt purposes, and lack of financial management knowledge. These dimensions were found to be associated with strategies such as financial planning in households, increasing household income, debt consolidation etc.