{
    "success": true,
    "data": {
        "id": 1822100,
        "msgid": "students-urged-to-beware-of-impulse-buying-and-paylater-1782312657",
        "date": "2026-06-24 21:06:00",
        "title": "Students Urged to Beware of Impulse Buying and Paylater",
        "author": "Gana Buana",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Finance",
        "summary": "A fintech association warns Indonesian students about the financial risks of impulse buying and paylater services amid growing digital access. The programme highlights the need for better financial literacy among the youth, who represent a significant portion of the population, to ensure future national financial health.",
        "content": "<p>Young people, particularly university students, need to improve their\nfinancial management skills amidst increasingly easy access to digital\nfinancial services. This message was highlighted during the Pindar\nMengajar programme organised by the Indonesian Joint Funding Fintech\nAssociation (AFPI) at the Faculty of Economics and Business, Islamic\nUniversity of Malang, on Wednesday, 24 June 2026. Shintya Maulida,\nBusiness Development Director of PT Plus Ultra Abadi, stated that the\nconvenience of digital transactions must be balanced with sound\nfinancial understanding. She noted that the younger generation faces\nseveral challenges in managing finances, ranging from consumerist\nbehaviour, FOMO (fear of missing out), and impulse buying, to the use of\npaylater services. \u201cAmidst the current digital convenience, it actually\npresents challenges for the younger generation regarding financial\nmanagement. One of them is prestige and FOMO, then easy access to\ndigital transactions and impulse buying, including flash sale trends and\npaylater, which are major causes of people being less wise in using\ntheir money,\u201d Shintya said during the discussion titled \u201cCerdas\nMengelola, Bijak Bertransaksi\u201d (Smart Managing, Wise Transacting) at\nUNISMA. Shintya explained that university students are part of\nGeneration Z, which is substantial in number in Indonesia. According to\n2025 BPS data, the number of Gen Z reaches nearly 75 million people, or\nalmost 28% of the total population. With such numbers, the financial\nbehaviour of Gen Z is considered to have an impact on the quality of\nnational financial literacy and health in the future. According to\nShintya, financial freedom is not solely determined by the size of one\u2019s\nincome, but also by the ability to manage income, control expenses, set\npriorities, and prepare for long-term needs. She also advised students\nto start controlling impulse buying behaviour by creating a monthly\nbudget, setting spending limits, avoiding shopping when emotional, and\nevaluating expenses regularly. Beyond financial management, Shintya\nstressed the importance of understanding risks when taking out loans.\nShe said loans should ideally be used for urgent needs and tailored to\none\u2019s repayment capacity. If used for productive purposes, the loan\ntenor should also be adjusted to the income targets of the business\nbeing run. During the activity, participants also gained an\nunderstanding of the importance of safeguarding personal data amidst\nincreasing digital activity in society. Awareness of data security is\nconsidered a crucial factor in creating a safe and responsible digital\nfinancial ecosystem. \u201cAs a generation that grew up with technology,\nstudents have great opportunities to utilise various digital services\nproductively. However, at the same time, they also need to understand\nthe accompanying risks in order to make wiser and more responsible\ndecisions,\u201d Shintya said. The Pindar Mengajar programme is part of\nefforts to improve national financial literacy and inclusion through\ncollaboration between industry, educational institutions, regulators,\nand the community. Based on the 2025 National Survey on Financial\nLiteracy and Inclusion (SNLIK) conducted by OJK and BPS, Indonesia\u2019s\nfinancial literacy index was recorded at 66.46%, while the financial\ninclusion index reached 80.51%. Going forward, education on digital\nfinance, data security, and responsible financial management must\ncontinue to be strengthened so that the younger generation can build\nhealthy financial habits from an early age.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/students-urged-to-beware-of-impulse-buying-and-paylater-1782312657",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}