Financial Literary Learning for Early Ages
Young people are the leaders of tomorrow. It is within their hands the fate of a nation is put at stake. If the youth have the spirit and the ability to build the nation and the country, then surely the benefits would return to them. Financial literacy needs to be taught since early ages because since then children are already familiar with money. Money is essential in everyday life. Good financial management will support person’s welfare which subsequently will improve the welfare of society. Based on this thought Indonesia Financial-Literate Generation Team undertook a number of activities so that people more financially literate.
The team consisted of nine students from various departments in the Faculty of Economics Yogyakarta State University (UNY FE) under the guidance of Dr. Ratna Sari Chandra, M.Sc. and Prof. Suyanto, Ph.D. This team was formed since last October and joined in an Implementable Productive Research Education Fund Management Institution (LPDP) of the Ministry of Finance. This research is in collaboration with LPDP of the Ministry of Finance, Regional Chairman of Muhammadiyah (PWM) DIY, and the Financial Services Authority (OJK).
The first activity conducted was a financial literacy workshop for teachers of Muhammadiyah elementary schools (SD) in Yogyakarta. Hopefully, the teacher would be equipped to teach their students about financial literacy. The next activity was the implementation of financial literacy learning matriculation at three elementary schools i.e. SD Muhammadiyah Sapen, SD Muhammadiyah Pakel, and SD Muhammadiyah Jogokariyan. This was implemented from the first to sixth grade classes in 4 meetings. In every meeting, the team always accompanied the teacher and helped the learning process.
The implementation of financial literacy curriculum based learning will be started in January 2016. The financial literacy learning process is supported by instructional media, including story books, educational games, financial literacy intelligent robot, and financial literacy instructional videos.
Teaching children about financial literacy from an early age is very urgent to implement today. By teaching financial literacy from an early age, children are expected to be able to understand the values associated with money. "Children learn to understand where the money comes from, how to get it right or by working, how to distinguish between needs and wants, how to prioritize, the importance of saving and charity, as well as financial products that can help people to manage finances well. Basically, children are the future leaders ten or twenty years to come. This country does not only require the next generation to be smart intellectually, but also able to manage natural resources as a source of income for the prosperity of the people," explained the supervisor Chandra Ratna Sari.
"Being part of this team is a great opportunity to learn from great people, and most importantly, we can contribute to build a better Indonesia," said Desi Rindi Rahmawati, one of the team members. Hopefully, this event will provide a positive effect on education in Indonesia, so that in the future the financial literacy learning can be applied throughout Indonesia. (desi / fadhli)