Targeting Vocational High School Students, TEZ Holds Financial Literacy and Inclusion Program

The Financial Literacy and Inclusion (LIK) Program of TEZ Capital And Finance (TCF) Semester I of 2022 was held on July 13, 2022. The activity, which was originally planned for the end of June 2022, was rescheduled at the request of the school because it coincided with the end-of-semester exam period and the new student admission period which was held for the first time offline after the end of the Covid-19 pandemic.

The LIK program, themed "Smartly Manage Your Finances Independently," is specifically designed to target young people—high school students in Jakarta. The event, attended by 50 students from SMK Negeri 51 Jakarta, aims to: Improve Student Financial Literacy through Education on Financial Institutions and Learning Attitudes and Behaviors toward Money.

The activity, which was a collaboration with SMK Negeri 51 East Jakarta, where the school provided the venue and facilitated the event's needs and selected 50 students as participants in the TCF LIK Program—which was packaged in the form of socialization—received a positive response from the school and the participants.

" We are very grateful and appreciate the initiative of PT TEZ Capital And Finance's management to provide financial education to our students, as a provision for them when they have to be independent after their education at vocational high school. As is known, vocational high school students are work-oriented. Many of our alumni are recruited by companies and industries after graduation. Of course, they will immediately earn income from their jobs. Knowledge about financial institutions and how to behave when they earn income at a young age, how to use financial services correctly and wisely is certainly very important. Because generally, young people tend not to be able to use money well. Even in this era, I have heard of vocational high school alumni who have been ensnared by fraudulent investments and illegal online loans. Therefore, financial education like this is very good and we strongly support it ," said the Vice Principal of SMK Negeri 51 East Jakarta in his remarks.

The half-day event, from 9:00 a.m. WIB to 12:00 p.m. WIB, was held in the theater-style Cinematography Studio, allowing all participants to watch the LIK TCF Program carefully—from beginning to end.

The educational material is divided into two main parts, namely the first session with the theme: "Introduction to Financial Institutions" with an emphasis on Non-Bank Financing Institutions (Multifinance) - delivered by Mr. Daniel Hutapea as Director of TCF who explained in detail about the ins and outs of financing institutions and financing products as well as how to utilize these products for beginners and the public in general.

The second session, themed "Attitudes and Behaviors Toward Money," was delivered by Iwan Koswadhi, Head of the Financial Literacy and Inclusion Division at TCF. He explained how a person's behavior toward money is more influenced by emotional factors than rational ones. Emotional intelligence is more important than intellectual intelligence. A person's wise attitudes and behaviors toward money, whether they are not yet financially independent or already financially stable, significantly impact their future well-being.

The two speakers' presentations were punctuated by critical questions from the participants, making the three-hour event fly by quickly and develop into a lively and engaging discussion.

The TCF LIK program, which was held with the support of the TCF CSR budget, began with a pre-test in the form of a questionnaire, ending with a post-test to find out a general overview of the participants' understanding.

The event concluded with a group photo, a handover, and an exchange of plaques between TCF and SMK Negeri 51, symbolizing the successful collaboration of the LIK Program. Participants also received certificates of participation from TCF, signifying their participation in the Financial Literacy and Inclusion Program.