From Smartphone Grip to Wise Financial Decisions
For the younger generation, a smartphone is no longer just a communication tool. With a touch of a finger, they can shop, invest, apply for loans, and conduct various financial transactions. However, behind this digital convenience lies a new challenge: how to make wise financial decisions amidst the flood of technological offerings.
This awareness forms the basis of a strategic collaboration between the Indonesia Deposit Insurance Corporation (LPS) and Hasanuddin University (Unhas). Through the signing of a Cooperation Agreement on competency development, research, and the dissemination of LPS’s functions and roles on Friday (12/6/2026), both parties aim to produce a generation that is not only academically excellent but also possesses a strong foundation in financial literacy.
The partnership was inaugurated at Unhas’s Arsjad Rasjid Lecture Theatre by LPS Deputy Chairman of the Board of Commissioners, Farid Azhar Nasution, alongside Unhas Vice Rector for Academic and Student Affairs, Prof. Muhammad Ruslin. The collaboration seeks to cultivate superior human resources who are financially literate and ready to transform in the digital economy era.
During a public lecture held as an initial implementation, Farid Azhar Nasution cautioned that easy access to digital finance is a double-edged sword. “High smartphone ownership makes it easy for us to access digital financial products. However, without adequate literacy, this condition can actually plunge us into various financial traps,” he stated on Saturday (13/6/2026).
He encouraged students to build financial awareness early on, encompassing integrity, discipline, and self-control. According to him, the younger generation needs not only to save financially but also to save character, knowledge, and networking.
Beyond education and research, LPS demonstrated tangible commitment through a scholarship programme for Unhas students that has been running since 2024. The programme has recorded a consistent increase in recipients, with awardees coming from diverse academic backgrounds, including the Faculty of Economics and Business, Law, Mathematics and Natural Sciences, and Social and Political Sciences. This diversity underscores that financial literacy is a cross-disciplinary necessity.
Prof. Ruslin welcomed the collaboration enthusiastically, noting it aligns with Unhas’s commitment to producing graduates who are adaptive to industry needs and economic dynamics. Unhas continues to strive to develop a curriculum that delivers broad and sustainable impact for its graduates.
Through its Representative Office III in Makassar, LPS is set to continue expanding its educational and outreach efforts across Sulawesi, Maluku, and Papua. This move reinforces LPS’s role not only in guaranteeing bank customer deposits but also in actively building a generation that is intelligent and principled in managing finances in an all-digital era.