Bandung, 10 June 2026. Hanwha Life, in strategic partnership with Save the Children Indonesia, officially launched the ‘Future Plus Indonesia: Youth Financial Literacy Program’ today at SBM ITB, Bandung. This one-year pilot initiative is specifically designed to address the urgent need for enhanced financial education among Indonesia’s youth generation, particularly in West Java, a region currently facing significant challenges from high rates of online gambling and unregulated digital lending.
While financial inclusion among Indonesian youth has reached 57.9%, actual literacy levels remain significantly lower at 51.7%. This disparity suggests that while young people are increasingly using financial services, they often lack the necessary knowledge to navigate them safely and responsibly.
To tackle these risks, the project supports the government’s vision by transforming financial literacy content into digital, modular, and gamified learning tools adapted to youth learning styles. By delivering this curriculum in schools through trained peer facilitators and youth champions, the program empowers the next generation to navigate complex financial landscapes with the necessary skills and resilience.
The program focuses on a critical demographic of youth aged 15 to 18 to reduce financial vulnerability and build long-term economic resilience. By integrating a collaborative ecosystem involving 600 youth from six vocational high schools (SMK), 50 university mentors from SBM ITB, and the Indonesian FinTech Association (AFTECH) as a strategic industry partner, as well as key stakeholders including the Ministry of National Development Planning (Bappenas) and the Financial Services Authority (OJK), the project aims to transform 60 vocational students into “Financial Champions” who will lead peer-to-peer literacy efforts.
“Financial literacy is more than just a technical skill; it is a critical protective mechanism for youth in an increasingly complex digital economy. Through this partnership with Hanwha Life, we are not only sharing essential financial knowledge, from budgeting to safe digital practices, but also building the resilience necessary for young people to navigate risks and secure a stable future for themselves and their communities,” said Evie Woro Yulianti, Senior Manager Inclusive Youth Empowerment and Urban Programming at Save the Children Indonesia.
To achieve these goals, the program has developed a comprehensive curriculum that covers essential pillars of financial health, including risk management, smart money habits, and the fundamentals of insurance. To ensure sustainability, 50 university students will serve as mentors, providing guidance to their younger peers. The program also offers a global perspective, featuring an invitational component to Hanwha Life’s headquarters in Seoul, South Korea, for top-performing university students to gain exposure to international financial innovation.
“Hanwha Life is deeply committed to fostering sustainable economic growth in Indonesia by empowering its greatest asset, the youth. Future Plus Indonesia is our contribution to Indonesia’s National Strategy for Financial Literacy (SNLIK). We believe that by equipping these students with the tools to manage money responsibly today, we are laying the foundation for a thriving, inclusive economy tomorrow,” said Suk Hyun Lim, Executive Director and Head of Corporate Planning Division at Hanwha Life Korea. A key highlight of the ceremony was signing on board by stakeholders – Bappenas, Hanwha Life, Save the Children, SBM ITB and AFTECH. This formalizes a strategic and operational framework, ensuring a seamless flow of expertise and funding to support the project’s local implementation and university-led mentorship programs. The launch event brought together approximately 100 participants from various ministerial offices and private sector partners, underscoring a multi-stakeholder commitment to maximizing Indonesia’s demographic dividend through a financially capable youth leader group.
