Effective Strategy In Handling In The Digital Age

The National Financial Literacy and Inclusion Survey (SNLIK) conducted by the Financial Services Authority (OJK) showed a significant increase in Indonesian financial literacy reaching 49.68%, up from 38.03% in the previous period. However, the challenges in debt management are still a serious concern, as can be seen from CEIC data which recorded that Indonesia's household debt reached 138.1 billion USD in November 2024.

Bank Indonesia recorded positive developments in financial technology adoption, with the value of electronic money transactions growing 14.4% year-on-year in the January-September 2023 period. The volume of digital banking transactions has reached 6.3 billion transactions with a total value of around IDR 56,500 trillion in the same period.

Fintech Lending OJK statistics recorded an accumulation of loan disbursements of IDR 533.86 trillion with an default rate (TWP90) of 2.95%. This data shows the importance of public understanding of effective debt management in the digital era.

One of the innovations that help the community in financial planning is the KTA simulation feature. This feature allows users to calculate and plan loans according to their financial capacity.

The Indonesian Fintech Association reports that financial technology innovation has opened wider access for the public to obtain financial management information and tools. This is in line with the presence of new financial platforms such as moneybox.com which provide various educational services for the community.

Referring to OJK guidelines, several strategic steps in managing debt include:

With the level of financial inclusion reaching 85.10%, the Indonesian people have better access to formal financial services. The use of financial technology and sustainable education is expected to help the community in making better financial decisions in the future.