Indonesians lose financial security confidence: Survey

Nearly a quarter of respondents tapped savings to manage daily expenses.

Only one in 10 Indonesians said they feel secure financially, despite an increase in the country's overall financial resilience.

According to the latest Sun Life Asia Financial Resilience Index, which surveyed 1,000 Indonesian adults in April 2026, the proportion of people showing high financial resilience rose to 34% from 30% in 2025. 

However, 77% of respondents still lack confidence in meeting their family’s financial obligations.

The study reveals that 26% of Indonesians experience financial stress at least once a week, and only 4% feel prepared for further increases in living costs. 

To manage daily expenses, nearly a quarter of respondents (23%) have had to draw from their savings. 

Despite these immediate pressures, 45% state they could maintain their current lifestyle for more than six months if they lost their income, and 68% remain optimistic about achieving their long-term financial goals.

The index notes a strong link between financial planning and confidence. People with a long-term plan are more than three times as likely to feel confident about reaching their goals compared to those without one (86% versus 25%).

Technology is also changing how people manage their money, with 68% of respondents now turning to generative artificial intelligence (AI) tools for financial advice and guidance. 

Furthermore, 67% expect to increase their use of these AI tools over the next 12 months.

In a similar report by the insurer, rising living costs are weakening household financial resilience, with fewer Singaporeans feeling financially secure and more struggling to prepare for future financial shocks.

According to findings from Sun Life Asia's third Financial Resilience Index, the proportion of highly resilient households in Singapore fell to 21% in 2026 from 34% a year earlier. 

At the same time, the share of low-resilience households more than doubled to 20% from 9%. Only 11% of respondents said they felt very financially secure, down from 22% in 2025.

The survey found that rising costs are affecting households across income levels.