These slides were presented in one of Kolega's event, Ruang Temu 2. It contains facts about millennials according to their spending, problems that millenials might encounter in managing their financial, and also solutions that might help them.

1. Financial Management
for Millenials

2. What is MILLENNIALS?
* Source from Pew Research Center.
** Tech savvy, higher-­education and willing to spend money or consumptive, e.g leisures and travelling.
-­ EXTERNAL PURPOSES -­

3. Large Population Base
Tech savvy young
population
High GDP growth
Rapidly expanding
consumer class to
drive consumption
Urbanization with GDP
concentration in cities
Increasing smartphone
penetration
Very low credit card
penetration
252 million people(1)
54% of Indonesians
under 30 years of age(1)
5% real GDP growth(2)
Consumer class
comprises 22% of
population
54% urban population
(140 million people)(1)
75 million people
10 million cards
(4% penetration)
INDONESIA TODAY
4th largest population worldwide
One of the youngest populations in the
world
One of the fastest growing economies
globally
Consumer class to grow by 115 million to
reach 170 million (58% of population) by
2030
To grow to 160 million (59% of population)
by 2020
Expected to grow to 100 million (37% of
population) by 2020
64% of the population > 15 years unbanked
HIGHLY COMPELLING GROWTH STORY
Favorable macroeconomic and demographic trends in Indonesia are expected to
drive robust growth
Source: BMI, McKinsey, World Bank, eMarketer, KPMG
(1) 2017 data
(2) 2015 – 2020 Forecasted CAGR
Huge growth in consumer class with favorable Indonesia
demographic trends..
-­ EXTERNAL PURPOSES -­

4. Nature :
• More Income
• Expense > Income
• Consumptive
Category I :
BROKE
Category II :
On Edge
MILLENNIALS are divided into 4 categories from the
financial side.. Which one are you?
28% 34%
Nature :
• Mediocre Income
• Major spending
for Living cost
Nature :
• Stable Income.
• Saving 25% of
Income
Category III :
Pragnatic
17% Nature :
• Stable Income
• Saving 50% of
Income
• Financially
Literate
Category IV :
Deep Pocket
21%
* Source from Marie Claire research as at 2017 “Millenials Spending Habits in Indonesia”.
** Description of nature is simplify based on the research and other underlying information.
Millennials Population Group from the age range
between 20 – 35.
-­ EXTERNAL PURPOSES -­

5. Contingency Planning
Saving and Time Deposit
WEALTH
DISTRIBUTION
A process to achieve financial goals through
integrated planned of financial management
Financial Planning Pyramid to sort out the financial priority
for individual especially millennials..
Risk Management
Insurance
Financial Goals
Marriage, House, Vehicle,
Education
Retirement Planning
Pension Plan etc
Wealth Distribution
Inheritance & Grant
WEALTH
ACCUMULATION
WEALTH
PROTECTION
* Gaurav Mashuwala. Financial Planning for Individual.
** Gitman L.J., Joehnk M.D and Billingsley R. 2014. Personal Financial Planning 13th
Edition..
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6. Providing infrastructures for society
Position itself as a touch
point for the ecosystems
through its solutions
Encourage equal
distribution of the
welfare level of the
Indonesian Population.
To help fulfill the huge
domestic financing
demands (Access to
banks services)
Encourage the
distribution of national
financing across all the
Indonesia Region.
Increasing national
Financial Inclusion.
Source: Hedonic Treadmill Syndrome Financial Technology
Millennials (2017)
Benefits in the presence of Financial Technology for
Milennials
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7. What is the best Financial Solutions for Millennials?
It depends..
“ The success of Financial Management is
determined by discipline to maintain the
consistency of a frugal and intelligent lifestyle. “
-­ EXTERNAL PURPOSES -­
Starting
own
business?
Work as
Professional?
Make an
investment?

8. Common mistake in business financial management for
early stages..
-­ EXTERNAL PURPOSES -­
There is no
segregation of
Personal and Business
Assets
There is no mature
Financial Planning to
support business
activity
ASSETS FINANCIAL
PLANNING
CASH FLOWS ACCOUNTING
KNOWLEDGE
Poor management of
the Business Cash
Flow. There is no
standard operational
procedures.
Lack of basic
understanding of
Accounting Principle
(B/S, PL, CF) to
reduce fraud risk.

9. Cash Flow is KING. Understanding and managing Cash Flow
can MAKE or BREAK your business..
“ Great fundamental business focus on
understanding the magnitude and sustainability of
Free Cash Flow “
-­ EXTERNAL PURPOSES -­

10. Source: Techinasia Indonesia 2016
Cashlez’ Company Highlight
§ Founded by three co-founders specialized in
payment and business, PT Cashlez Worldwide
Indonesia was established in 2015 and operates
in 2016.
§ Cashlez delivers value propositions for
merchants, banks, and mobile payment
players. From merchants side, Cashlez help
them in simplifying payment method. They
only need one Cashlez app as oppose to lots of
EDC terminals from several banks or lots of apps
to be able to receive payments from many
type of debit, credit cards, and mobile
payments.
§ Cashlez is funded by Mandiri Capital Indonesia,
a Corporate Venture Capital (CVC) operating
under Indonesia's largest financial institution,
Mandiri Group.
§ Cashlez has been registered as a financial
technology provider in accordance with Article
9 PBI No. 19/12/PBI/2017 on the Implementation
of Financial Technology and Article 8
paragraph (1) of PADG. 19/15/PADG/2017.
-­ EXTERNAL PURPOSES -­

11. Garden Shopping Arcade B-­08-­BA
Podomoro City
Jl. Letjen. S. ParmanKav. 28
Jakarta 11470