2017 Indonasia Global Money Week

Leading Organizations:
Allianz Indonesia
Youth Finance Indonesia
Center for Entrepreneur Development University of Indonesia
Participating Organizations:
Indonesia Financial Services Authority (Otoritas Jasa Keuangan OJK)
Indonesia Stock Exchange
Mandiri Capital
Bareksa Online
Gift Card Indonesia
Fikar School Jakarta
Stochastic PKN Stan
Indonesia Paradise
Trust Network Finance
SME Center – University of Indonesia
SMA PKP Senior High School Jakarta
SMAN 8 Senior High School Jakarta
SMK Budi Luhur Senior High School
SMAN 54 Senior High School Jakarta SMAN 106 Senior High School Jakarta, SMAN 7 Senior High School Tangsel, SMK PB Soedirman 2 Senior High School Jakarta, SMKN 7 Senior High School Tangsel, SMA Madania Senior High School, SMAN 1 Senior High School Depok, SMAN 2 Senior High School Depok, SMAN 11 Senior High School Depok, SMAN 109 Senior High School Jakarta, SMA Putra Bangsa Senior High School Depok
Number of children reached directly: 749
Number of children reached Indirectly: 1 498

Allianz Indonesia and Youth Finance Indonesia collaborated with the Center for Entrepreneur Development Studies at the University of Indonesia in celebration of Global Money Week 2017. This year, the leading organizations aimed to reach larger number of youth so that Global Money Week objectives resonance with a wider audience.

Prior to the main event, the organizers have initiated a competition for senior high school students with the theme of budget planning for school trips. The topic of travel has been chosen as the topic of the competition, as it is growing in popularity amongst young people, therefore young people should be encouraged to spend their money wisely on vacation. The competition was promoted to 30 high schools in Jakarta as well as on famous Instagram accounts among youth in Jakarta, @IndonesiaParadise. The winner of this competition was SMA PKP Jakarta Islamic School, which was given three days and two nights of educational trips to various cities in Yogyakarta and the Central Java province.

There were also 3 financial education videos created related to Global Money Week as promotional media. The first video is about Global Money Week; the second video is an infographic animation about the importance of financial planning; and the third video is about youth’s thoughts on financial institutions (insurance, stock exchange, mutual funds, etc). Furthermore, we also rolled out GMW Roadshow to 5 high schools in Depok, East Java.

As main event, the Global Money Week Festival was held at the Central Library of University of Indonesia on Saturday, 1 April 2017. More than 450 youth participated in the festival with 7 financial experts as speakers, 6 attractive booths representing financial institutions, 3 interesting topics talk shows (1. Business Tips for Beginners; 2. Protect Your Future Early; 3. Be Fearless in Investing;), and 2 fun financial games as well as cool art performances.

This Festival was opened by Mr. Agus Sugiarto, the Chief and Head of the Department of Financial Literacy and Inclusion of Indonesia Financial Services Authority, and Mr. Mochamad Reza the Chairman of Allianz Peduli Foundation.

To cover GMW 2017 theme “Learn. Save. Earn.”, 3 productive talk shows were conducted with experts speakers. Business Tips for Beginners was carried out by Founder of Gift Card Indonesia, Head of Investment of Mandiri Capital, and Project Leader Trust Network Finance; Protect Your Future Early by Investment Communication Allianz Indonesia; and Be Fearless in Investing was facilitated by the Director of Bareksa.com and Director of Indonesia Stock Exchange.

The interesting discussions were followed with 2 exciting games, such as Financial Race, which required participants to visit all financial booths, collected stamps and answered financial questions; and Financial Ball, which successfully engaged all participants to play it together with a ball that tossed among participants while music is on, where the last person hold the ball had to answer financial questions.

In its conclusion, the celebration received positive feedback from the speakers and participants. Right after the main event, some participants started to open stock and mutual fund accounts following the tips from talk show speakers. Moreover, almost all speakers committed to take part in next year’s Global Money Week.


2016 Indonesia Money Week

Participanting organizations:
Allianz Indonesia
Allianz Indonesia CSR - Yayasan Allianz Peduli (Allianz Care Foundation)
My Finance Coach
Bank Indonesia
Indonesia Stock Exchange (Bursa Efek Indonesia)
Youth Finance Indonesia
Kelas Belajar OKY
Aflatoun
Lekdis (Aflatoun partner)
LeKDiS Nusantara (Aflatoun partner)
Children International-Delhi (Aflatoun partner)
Date of the event:
14th - 17th of March
Total number of children & youth engaged: 1 734
Total indirect reach: 1 150

Global Money Week will be celebrated again this year in Indonesia through the efforts and collaborations between the Allianz Indonesia, Youth Finance Indonesia and Bank Indonesia. The activities that will be happening include various class sessions around schools in Jakarta, visits to Bank Indonesia's Museum, learning more about the stock exchange and coordinated workshops and lectures for kids.

Bank Indonesia will be welcoming children to their musueum where the kids will lean more about how the financial system works in the country. Additionally, children and youth will get to join interactive sessions to learn about the history of the Indonesian Rupiah and to become introduced to the other currencies from around the world.

The My Finance Coach program of Allianz Indonesia will invite kids to strengthen their financial literacy through modules that will focus on savings. The modules also aim to introduce the Indonesian youngsters to different types of financial products that they will be encountering in their lifetime, including bank accounts, credit cards, insurance and investment alternatives for when they grow older. As investing in their future is also part of the modules, Allianz Indonesia will be bringing a group of students to the Bursa Efek Indonesia (or the Indonesian Stock Exchange) to introduce the young Indonesians to the stock market.

In addition to these, Youth Finance Indonesia has also collaborated with Allianz Indonesia to support and advance youth-led activities on financial literacy education in Indonesia. The volunteers from Youth Finance Indonesia are expected to participate and join the various activities of Allianz Indonesia, in addition to the activities that they will be organizing themselves.

&nbsp

2015 Indonesia Money Week

Participants:
Allianz Indonesia
Allianz Indonesia CSR - Yayasan Allianz Peduli (Allianz Care Foundation)
My Finance Coach
Bank Indonesia
Indonesia Stock Exchange, Bursa Efek Indonesia
Youth Finance Indonesia
Date of the event:
9th - 13th of March
Number of children reached:
590

2015 saw another edition of Global Money Week celebrations in Indonesia. The celebrations this year were spearheaded by Allianz Indonesia, in coordination with Bank Indonesia and Bursa Efek Indonesia, the Indonesia Stock Exchange. Every year, the My Finance Coach program of Allianz Indonesia has taken part in the Global Money Week celebrations and has continued to organize local activities in Jakarta and surrounding areas.

My Finance Coach of Allianz Indonesia focused on the need for economic empowerment of young Indonesians. One of the My Finance Coach modules focuses on saving. The program illustrates financial products such as saving account, deposit, insurance, and investment in the stock exchange. Through the visit to the stock exchange, students received a real life experience of its operations which they viewed only on TV earlier. The activity also included watching a historical video of Bursa Efek Indonesia. It was followed by a session on understanding stocks and buying them at the stock exchange. This event was facilitated by the Education Division of Bursa Efek Indonesia with a live simulation on stocks data analysis and buying proses.

This session by Allianz Indonesia’s My Finance Coach was an eye opener not only for the students but also teachers and other adults. They realized that it easy it was to buy stocks and start an investment in order to have better financial plan. These sessions were done in addition to the ones done in parallel to the various classes and initiatives that My Finance Coach conducts across the year to teach children about savings, money management, and much more.

Bank Indonesia also welcomed kids to visit the Museum Bank Indonesia where they were able to learn the history of money in Indonesia and understand the value of savings. At the end of the tour, the children were also given the chance to envision and dream about what they want to save for and think of how they could achieve it.

Youth-led activities were a highlight in Indonesia this year. Youth Finance Indonesia organized KREASI (Smart Finance and Art Collaboration), a creative financial education event for students, at Tamansari 2 Elementary School in Yogyakarta. The youth advocates who organized these activities used playful and interactive storytelling method to highlight the importance of saving daily, played of a series of cartoons on history of money, color drawing with materials that highlight the benefit of saving money from a very young age, and writing down dreams to motivate them to become more successful. Some youth representatives from Southern Jakarta organized “spirit of finance” presentations and sessions to remove the misconceptions that financial matters are to be handled only by adults. The aim of such activities is to make young people in Southern Jakarta to become responsible economic citizens.

&nbsp

2014 Indonesia Money Week

Participants:
Allianz Indonesia
Allianz Indonesia CSR/ Yayasan Allianz Peduli (Allianz Care Foundation)
My Finance Coach
Yayasan Cinta Anak Bangsa (YCAB)
YCAB Mangga Dua
YCAB Duri Kepa High Schools
Date of the event:
10th - 17th of March
Number of children reached:
200

High school students from low income families received an in-depth financial planning workshop hosted by Allianz Indonesia at the Allianz tower in Jakarta. The Planning Basic module, from the Allianz’s curricula, was modified to suite the students’ needs and the Global Money Week campaign theme. They transformed the exercises in the module into real life role play such as how to plan to buy a motorcycle in the future, how much income can be collected within a year and what to purchase when owning a motorcycle. The students will act as fresh graduate employees with expenses to pay. They created booths to represent each expenditure, for instance; motor insurance, One-stop Administration Services for driving license, gas station, motorbike dealer, malls and such for the students to shop and find out how much each expense will cost. The exercises taught the students how they should make financial planning before buying goods and how to use alternative and simple types of payment methods (saving & installment). These payment methods advantages and disadvantages were debated in detail.

 

2013 Indonesia Money Week

Name of organizing entity - Allianz Peduli Foundation
Partners - My Finance Coach; Yayasan Cinta Anak Bangsa Foundation
Date of the event - 15th – 21st of March
Number of children reached - 187

Global Money Week in Indonesia was marked by “My Finance Coaches” classes, where Allianz employees visited schools. Allianz collaborated with Yayasan Cinta Anak Bangsa, a Foundation focused on children education to teach 187 street children age 12-16 years old.

During the classes, coaches conveyed financial education workshops on the topic of “Smart Shopping”, while at the workshops; children learnt how to compare needs and wants, analyze goods before buying, and how to be aware of advertisement. Students were excited with the interactive content of the workshops.

Children from Indonesia had the exciting opportunity to participate in a video chat with Malaysia.