Banking Literacy in The Digital Era For Elementary School Students of Baduy Ethnic

Abstract

In the digital era, financial literacy has become increasingly vital for the younger generation, especially among marginalized communities such as the Baduy ethnic group in Indonesia. This study aims to assess the current state of banking literacy among elementary school students of the Baduy ethnic community and explore effective methods to enhance their understanding of digital banking. Through a mixed-methods approach, including surveys and interactive workshops, we gathered data on students’ awareness of banking concepts, digital financial tools, and their ability to use these resources responsibly. The findings reveal a significant gap in banking knowledge and access to digital banking facilities among these students. The research highlights the importance of culturally relevant educational strategies that incorporate traditional values while promoting modern financial practices. Recommendations include the development of tailored educational programs and resources that utilize local languages and examples to improve banking literacy, ultimately empowering the Baduy youth to navigate the financial landscape effectively. This initiative not only contributes to the financial well-being of the community but also supports the broader goal of fostering inclusive economic growth in the digital age.