Cha-Ching, Prudence Foundation’s flagship financial literacy programme, celebrates its reach of one million children in Indonesia. This is the programme’s second country to reach over one million students through its curriculum, following Cha-Ching’s milestone in the Philippines in 2024.

Today, Cha-Ching operates across 16 markets in Asia and Africa, reaching over 3.5 million children and training more than 90,000 teachers.

Prudence Foundation is focused on financial literacy and inclusion as foundations for and pathways to financial wellbeing. Financial literacy remains a pressing issue worldwide, with two-thirds of the global population lacking essential financial knowledge and 1.4 billion adults still without access to basic financial services. Recognising this need, Prudence Foundation launched Cha-Ching in 2011 to provide accessible financial education from an early age.

Evolution of Cha-Ching Indonesia

Initially introduced as a print-based approach, Prudence Foundation and Prudential Indonesia brought the Cha-Ching curriculum to life in Indonesia in 2017. Cha-Ching was first introduced in Sidoarjo, before expanding to Jakarta, Trenggalek and Blitar by 2020. However, the pandemic induced nationwide school closures that brought face-to-face learning to a halt, mandating an urgent need for a flexible, accessible and child-friendly method of teaching financial literacy.

Together with our programme partner, Prestasi Junior Indonesia (PJI), we sought exciting new ways to bring financial education to the children. Rising to the covid-induced challenge, we launched Cha-Ching digital learning through text, images, videos, and interactive content. This transformation not only made the learning process more engaging and efficient but also expanded its reach to remote areas. The innovation paved the way for strategic collaboration with the Ministry of Education in 2023, accelerating the programme’s expansion nationwide. As a result, within just one academic year, participation surged by more than 400 per cent, reaching over 230,000 students, 7,000 teachers, and 4,192 schools.

Our Impact

Today, the programme has reached its one million milestone in Indonesia, reflecting its social impact in the country, with more than 20,000 schools across 60 cities and districts, and over 31,500 educators actively involved.

Prudence Foundation is committed to sustainable, long-term solutions that empower individuals and communities to make informed financial decisions. More than just numbers, the evaluation results of the Cha-Ching programme in Indonesia demonstrate a tangible impact on the ground. Based on assessments between the start of implementation in 2017 and the 2024–2025 academic year, students showed an average 17 per cent improvement in basic financial literacy. Nine out of 10 students described Cha-Ching lessons as fun and relevant, while 96% of teachers expressed willingness to teach the curriculum again, and three out of four parents recommended that the programme be continued. Children not only understand the importance of saving and distinguishing between needs and wants, but also learn the values of social responsibility through sharing and donating.

Continuing to empower children through financial literacy

Cha-Ching reinforces that early financial literacy is the key to creating a financially smart generation ready to face future challenges. This award-winning initiative has gained international recognition for promoting effective financial literacy, including the Silver Stevie® Award in 2024,the IABC Gold Quill Award of Merit 2023 and the Money Awareness and Inclusion Awards 2022.the IABC Gold Quill Award of Merit 2023 and the Money Awareness and Inclusion Awards 2022.

With the original target of reaching one million students by 2025 now achieved earlier than expected, Prudence Foundation and its partners are committed to further expanding Cha-Ching’s reach.

Prudence Foundation remains committed to scaling and evolving Cha-Ching to meet the diverse needs of underserved communities. Building on successes in the Philippines and Indonesia, the Foundation aims to empower the next generation with knowledge and skills to create a more financially resilient future.

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