Last year, research from multinational banking on Financial Fitness Index showed that Indonesia's young generation only scored 37.72 for financial literacy. This score is lower than the ideal score, which is 75.
Along with digitalisation, we're seeing more millennials trying to get on the digital investment bandwagon. Unfortunately, many lack the cognitive understanding of managing their finances wisely and often fall victim to investment scams. The younger generations also tend to have a consumptive lifestyle that impacts their finances.
For employees, having financial difficulties and a lack of financial literacy can lead to personal stress and affect productivity. With this background, Behn Meyer Indonesia tries to educate employees on better financial literacy related to money management and investment. On Tuesday, 23 August 23 2022, Behn Meyer Indonesia conducted an online "Growing Together" session on financial management. This session is titled "Healthy Financial Healthy Us", with Ms Widya Yazif as the speaker. Ms Widya is a Certified Financial Planner with experience as a speaker.