The Financial Services Authority (OJK) reminded young people not to follow investment trends or make decisions simply because they see others' profits. Young people are asked to understand the characteristics and risks of financial products before investing.

The message from OJK Mengajar

The message was delivered by OJK Board of Commissioners Member ex-officio of the Ministry of Finance, Juda Agung, at the OJK Mengajar event at SMAN 4 Surakarta on Thursday (12/11/2026). Juda stressed that knowledge matters before anyone uses financial products or makes investment decisions. "First understand the product and its risks before investing. Don't make decisions just because you are following a trend or seeing others' profits," he said in a press release on Friday (13/11/2026).

Managing money from an early age

Juda urged students to build the habit of managing money early, especially as they enter university and begin managing pocket money independently. In personal finance, young people need to tell needs from wants before buying goods or using services, and not be swept along by trends or social pressure that encourage consumptive behavior.

"Put needs first, control wants, and match spending to your financial ability. Don't let a momentary want use up the money meant for needs through to the end of the month," he said.

To build healthy habits, students are encouraged to draw up a budget, keep pocket money adequate, and set aside part of their money for regular savings. The financial plan should consider long-term goals and be reviewed periodically.

Easy digital products need matching understanding

Juda reminded that easy access to a range of digital financial products must be matched by adequate understanding. People can now use digital banks, online platform funding, securities crowdfunding, and Buy Now Pay Later (BNPL) services. In his view, every financial product and service has benefits, costs, obligations and risks that need to be understood before use.

Beware of illegal investment and digital fraud

OJK also asked young people to watch out for digital financial crime, from illegal investments, illegal online lending and digital transaction fraud to personal data theft. Juda asked students to recognize phishing and social engineering tactics that perpetrators use to make victims hand over personal information or access to financial accounts.

To avoid harmful offers, the public is asked to apply the 2L principle, Legal and Logical: make sure the provider is licensed and the benefit or return offered is reasonable. "Always hold to the Legal and Logical principle. Make sure the provider is licensed and the offer is reasonable. Reject offers of unreasonable profits, even if they come from a friend or someone close," he stressed.

Juda also reminded students to keep personal data, passwords and PINs confidential, and not to click links or open files from unclear sources carelessly. If they fall victim to fraud, people are asked to stop transactions immediately, contact their bank to secure their account, and report the incident to OJK.

Sources

• Anak Muda Dilarang FOMO Investasi, Jangan Silau Cuan Orang Lain — CNBC Indonesia (Annisa Rini), 13 November 2026 17:02 WIB. https://www.cnbcindonesia.com/market/20261113163438-17-785111/anak-muda-dilarang-fomo-investasi-jangan-silau-cuan-orang-lain