Housewives Have An Important Role To Prevent Fraudulent Investment

Housewives have an effective role because they are involved in making family financial decisions/ Photo: Antara

JAKARTA The number of fraud cases under the guise of investment makes people think they are afraid to store money in non-bank institutions. Actually, according to financial experts, fraudulent investments can be avoided as long as they have sufficient understanding.

In this case, the Financial Services Authority (OJK) said that women, especially housewives, have an important role in avoiding families from various modes of fraud under the guise of investment or fraudulent investment.

Chief Executive of the Behavior Supervisory of Financial Services Business Actors OJK Friderica Widyasari Dewi said that housewives have an effective role because they are involved in family financial decisions.

"So the point is how to fortify mothers with a sufficient, strong understanding. So whatever the fraud mode, mothers will already know and can protect their families from these various modes of fraud," Friderica said, citing Antara, Sunday, August 20.

He also said that literacy and inclusion for women in Indonesia had entered one of the priority targets of an inclusive national financial strategy covering all segments of society.

However, the literacy program is focused on groups that have not been fulfilled by formal financial services. For example, low-income women, working women, women who own or owners of MSMEs and women who take care of households.

In addition to avoiding families from various investment scams, she hopes that housewives will be able to use financial service products for the welfare of their families.

"I want women not only to be literate, not only to be inclusive, but also to use financial service products to provide financial empowerment to improve family welfare," said Friderica.

Therefore, OJK continues to work hard to improve public financial literacy and inclusion, especially for women and MSME players as priority groups through various financial education programs.