Reported by Anggi Kusuma Putri
[Unpad Media Channel] Universitas Padjadjaran established cooperation with Deposit Insurance Corporation (Lembaga Penjamin Simpanan or LPS) regarding the implementation of the three pillars (tridarma) of higher education. The Memorandum of Understanding (MoU) was signed by the Rector of Unpad, Prof. Rina Indiastuti, and The Chairperson of the Board of Commissioners of the Deposit Insurance Corporation, Purbaya Yudhi Sadewa, in Bale Sawala, Unpad Rectorate Building, Jatinangor, Thursday (30/11/2023).
In her speech, Rector said that cooperation with LPS could be done in many activities, such as providing internship placements, workplace practice venues, bringing in guest lecturers, and conducting research.
“LPS encouraged in development, not only fostering the intelligence of the Indonesian nation through education but also advancing science and technology through collaborative research,” Rector said.
In addition to the signing of the MoU, a guest lecture was also held with the theme “Gen Z Role in Encouraging Economic Growth and Maintaining Financial Sustainability” on that occasion. It was delivered by the Chairperson of the Board of Commissioners of the Deposit Insurance Corporation, Purbaya Yudhi Sadewa. The guest lecture was attended by Unpad students and students participating in Pimnas 36.
“It seems that this guest lecture will be inspirational, not only for Unpad students but also for students from another university,” mentioned Rector.
In his presentation, Purbaya said that recently, Indonesia entered a demographic bonus, a condition in which the population of productive age was more than the population of non-productive age. In this case, Gen Z occupied the productive age group, accounting for 24.2% of the population. Gen Z was a generation that was newly entering the workforce and starting their career.
“Gradually, Gen Z will be the one who determines our future economic direction,” Purbaya said.
During the event, Purbaya also added about financial management that could be done by Gen Z. He explained steps to save money, which were divided into different levels. The owned money had to meet basic needs and be sufficient for emergency fund needs. Moreover, the money had to be used to prepare insurance. If there was remaining money, they might start thinking about investing.
“Do not be in debt when investing because the market is always fluctuating. If you incur debt to the point of facing desperate situations for payment, even though the money is not yet available, you end up selling at a loss,” said Purbaya.
Purbaya also conveyed that in the investment world, risk-return was connected. The higher the risk, the higher the return. Otherwise, the lower the risk, the lower the return.
“So, if someone says high return with low risk, it can be certain that the person is a fraud. You have to be aware of that,” mentioned Purbaya.
Additionally, Purbaya also shared tips for smart and safe saving and investing by reducing unnecessary expenses, setting aside savings at the beginning of the month, and segregating accounts according to needs.
Furthermore, when you wanted to invest, you had to recognize your needs and abilities, also understand financial products and services. Besides, you had to know the benefits and risks, also realize the rights and obligations.
“It is crucial because many people just follow the crowd. As a result, when things go south, many end up bankrupt,” stated Purbaya. Purbaya also gave a message for Gen Z as the pillar of the nation’s future economy to keep learning, strive for dreams, and be wise in managing finances. (art/SA)*
