Strengthening Financial Technology Literacy for the Young Generation in the Digital Economy Era

Abstract

The development of the digital economy has increased the use of financial technology (fintech) among young people. However, high access to digital financial services has not been matched by adequate financial literacy, which potential lead to consumptive behavior and misuse of fintech services. This community service activity aims to improve students' financial technology literacy through a participatory-educative approach. The methods used include socialization, workshops, and focused group discussions (FGD). The results of the activity show positive dynamics during the mentoring process, marked by increased active student participation and changes in mindset regarding the use of fintech. In addition, social changes occurred, including increased knowledge, more critical attitudes toward digital financial risks, and more rational financial behavior. This activity also successfully fostered a new awareness among students that fintech is not only a tool for transactions but also a means of managing finances productively and responsibly. Thus, strengthening financial technology literacy has proven effective in encouraging the transformation of young people's financial behavior towards readiness to face the digital economy era.