Young people must become smart investors, not fall prey to FOMO

Yogyakarta, CNBC Indonesia — The younger generation is being positioned as the backbone of Indonesia’s future economy. Their financial literacy must be strengthened to ensure a healthy and continually developing economy. Given the importance of financial literacy, the Indonesia Deposit Insurance Corporation (LPS) together with CNBC Indonesia organised the Jogja Financial Festival 2026 at Jogja Expo Centre in Yogyakarta Special Region on 22-24 May 2026.

Chairman of the LPS Board of Commissioners Anggito Abimanyu explained that the world is moving very fast. In an era when financial transactions can be performed in seconds, Indonesia’s youth are growing into the most active group in the digital economy. They are no longer merely a target market. Today, young people are becoming retail investors, digital wallet users, founders of new businesses, and major drivers of national consumption. In many sectors, the trajectory of Indonesia’s economic growth is increasingly influenced by how the younger generation spends and manages their money.