Not Just Saving: How to Safeguard Your Finances Amid Global Volatility
The dynamics of the global economy and volatility in financial markets are seen to be increasing the public’s demand for long-term financial protection. The weakening rupiah, pressure in stock markets, and global geopolitical uncertainties are viewed as important reminders of the need for families to be financially prepared.
IFG Life, a member of the state-owned Indonesia Financial Group (IFG) holding company that oversees insurance, guarantees and investment, believes that the public needs to strengthen their financial foundations to be better prepared for both short- and long-term economic changes.
Gatot Haryadi, Corporate Secretary of IFG Life, said that economic conditions and financial markets will continue to move dynamically, so the public needs to have more mature financial planning.
“The economic conditions and financial markets, in essence, will always move dynamically. Therefore, people need to have better financial preparedness so they are not easily affected by short-term changes. Healthy financial planning and appropriate protection are important in helping maintain family financial stability,” Gatot said in a statement on Thursday, 22 May 2026.
The April 2026 Macroeconomic Monitor report prepared by IFG Progress together with Bahana Sekuritas and Bahana TCW Investment Management notes that Indonesian domestic consumption remains relatively resilient. The Indonesian Consumer Confidence Index (IKK) stood at an optimistic level of 122.9 in March 2026, although slightly slower than the previous month.
Meanwhile, data from the Central Statistics Agency (BPS) show Indonesian annual inflation in April 2026 eased to 2.42 percent year-on-year and remained within Bank Indonesia’s target range. This indicates that consumer spending power remains relatively robust, though challenges to the economy and rising living costs in several sectors continue.
On the other hand, inflation in the health sector and household necessities remains a concern as it could increase pressures on household spending in the long term. Health risks or income loss are also seen as potentially having a major impact on family economic conditions if not anticipated early.
“Protection is not only about financial benefits, but also about a sense of security and readiness to face various life stages. When economic conditions change rapidly, those who have financial planning and adequate protection tend to be more prepared for a range of situations,” Gatot said.
IFG Life says it continues to offer life and health protection services to help people safeguard financial stability across different life stages, from health protection and children’s education to retirement preparation.
The company regards risk management and financial protection as an essential part of strengthening household economic resilience in the face of global economic dynamics and rising living costs.