All you need to know about GMW
about activities implemented during the GmW in the home country and reporting back to the GmW secretariat through ex-post forms.
High-level guidance on the involvement of the private and not-for-profit sector in GmW
participation of private and not-for-profit stakeholders in Global money Week should:
l Be aligned and coordinated with public authorities-led strategies and programmes. participation through national industry associations or self-regulatory bodies may be preferable to individual organisations’ participation;
l Comply with principles or codes of conduct on the involvement of private and not-for-profit stakeholders in financial education, where such principles or codes of conduct exist;
l Clearly avoid commercial activities, ensuring there is no promotion of specific financial products and/or services aimed either at young people or their parents, tutors etc.;
l leverage and use financial literacy programmes or educational resources that are impartial, objective, of high quality and fair.
Why is it important to teach children and youth about money matters from a young age?
It is important that children and young people develop sound financial habits, knowledge, attitudes, and behaviours from a young age to know how to manage their personal finances throughout their lives and be empowered to make better financial decisions for their future.
The oeCD recommendation on financial literacy encourages governments and other stakeholders “to develop financial literacy from the earliest possible age” on topics and through channels that are appropriate to the age of the learners.
What is the goal of GMW?
GmW promotes efforts aimed at improving financial literacy of young people. The ultimate goal of GmW is to ensure that all children and youth have access to high-quality financial education, they learn about money matters and are able to take smart financial decisions that can improve their future financial resilience and financial well-being.
Who can participate?
All national and international stakeholders can join GmW, including public institutions (ministries of finance and education, central banks, financial regulatory authorities and so on), financial institutions and their associations, civil society organisations, youth associations, universities and schools, education and health professionals, parents and any organisation that may play a role in ensuring that young people become financially literate.
Where is GMW happening?
everywhere, online and offline! GmW is an international campaign, with many events, activities, projects, launches and competitions organised by over 170 participating countries globally.
What happens during GMW?
During GmW, public, private and not-for-profit organisations work together to organise different types of activities for children and youth to spark excitement around financial education through:
l online activities, drawing, photo, essay and video contests, online financial education workshops, online financial education escape rooms or other exciting activities on financial education and money matters;
l Visits to banks, parliaments, central banks, stock exchanges, currency exchanges, money museums, local businesses, and global corporate companies; l Financial workshops and sessions; l Financial education fairs, open market events, financial literacy rallies;
l Financial education games and savings competitions, financial football matches;
l Drawing, photo, essay and video contests
Where can you learn?
many GmW Reports have been published since 2013! These reports will provide you with an overview of activities and events that took place in different countries around the world.
They are full of fantastic ideas of how children and youth, communities and countries around the world have taken part in GmWs. — globalmoneyweek.org.