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🇮🇩 Indonesia /Economy & Trade

Saving is not enough: What young Indonesians need to know about money

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Context piece
  • The Lampung Financial Festival 2026 addressed budgeting, financial planning, investment, digital financial services and everyday money habits.
  • BNI executive Okki Rushartomo said financial literacy includes knowing when and how to use financial products according to individual needs and circumstances.
  • The article says wider access to digital transactions makes it more important for young people to understand the consequences of their financial decisions.

For young Indonesians, managing money now means more than putting cash aside. Investment products and digital financial services have expanded the choices available to them, while also making decisions about income, spending and financial products more demanding.

Those issues formed the focus of the Lampung Financial Festival 2026, held at the Novotel Bandar Lampung on Sept. 5 and 6. Under the theme “Young, Smart & Ready: Preparing Lampung’s Young Generation for the Future,” the event covered income and expenditure management, financial planning, investment, digital services and financial habits.

BNI Corporate Secretary Okki Rushartomo said financial literacy requires more than recognizing financial products. “Financial literacy does not stop at understanding products or services. It also means being able to use them according to each person’s needs and financial circumstances,” he said in a press release on Sept. 6. BNI, he added, continues to encourage more planned and responsible use of financial services.

Financial literacy does not stop at understanding products or services. It also means being able to use them according to each person’s needs and financial circumstances. That is why BNI continues to encourage more planned and responsible use of financial services.

· Okki RushartomoBNI’s corporate secretary explained the broader meaning of financial literacy at the Lampung Financial Festival.

Okki said the need for financial education has become clearer as access to services and digital transactions becomes easier. “We hope this activity will give young people greater insight into managing their finances, planning their needs and using digital services wisely,” he said.

BNI is developing wondr by BNI for everyday transactions and fund management. The article says saving remains a basic habit, but sound financial management also requires budgets, planning, investment knowledge and appropriate use of digital services. Financial skills shape not only how people use money today, but also how they prepare for longer-term needs.

We hope this activity will give young people greater insight into managing their finances, planning their needs and using digital services wisely.

· Okki RushartomoHe described the purpose of BNI’s support for the financial education event.
About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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