Young People Warned Against Overusing Paylater Services Amid Financial Risks

Yogyakarta, CNBC Indonesia – UGM Branch Office BNI Brand Manager Diah Charmaningtyas has urged young people to avoid using paylater services too frequently, warning that such practices can lead to unhealthy personal finances.

During an Edu Class titled “Financial Management for Sustainable Growth” at the Jogja Financial Festival 2026, Diah explained that paylater payment options are closely linked to impulse buying, as individuals tend to purchase items without considering whether they truly need them.

“If we don’t carefully calculate and track our purchases, we become unaware of mounting instalments, leading to a lifestyle that outpaces income growth,” Diah said during the Edu Class session on 24 May 2026.

She also noted that young people often subscribe to digital services such as Spotify, YouTube, and Canva for entertainment or education, sometimes forgetting to cancel subscriptions after use, which can erode income.

Therefore, individuals must manage their budgets for various needs. When making purchases, they should have a financial plan that tracks available funds, outgoing expenses, and the purpose of each purchase.

Proper planning allows individuals to meet their needs without worrying about financial strain.

“If you only track income but not cash flow, sustainable financial management won’t work because focusing solely on incoming funds is insufficient. The key to measuring cash flow is consistency,” she concluded.