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Financial Education in the Federation of Finnish Financial Services
The Federation of Finnish Financial Services seek to influence the educational reform to ensure the continuity of financial literacy. We have a long tradition of co-operating with numerous organisations and associations in Finland.
Our aim is to have an adequate amount of economics and personal financial management studies included in Finnish education. Personal finances should be included in the curriculums of comprehensive, vocational, and upper secondary schools.
We seek to increase financial literacy and raise awareness of its importance. Below is a short summary of our activities:
European Money Week in Finland:
Zaldo.fi is a web-based environment where users can tame their own financial monster
The winner of the Zaldo competition will be awarded by the FFI during Money Week. The competition has been open to 9th grade students since the beginning of the school year in autumn. During Money Week, the 10 best performed classes will be announced. All participants also have the chance to win a €500 gift card.
The Zaldo campaign (http://www.zaldo.fi/), cheered by its namesake monster mascot, is a modern web-based learning environment. Its interactive contents make for a comprehensive and inspiring learning experience that teaches 9th grade students the management of their personal finances. The learning environment is designed to be used as part of their normal economics classes.
The website consists of four independent sections, each covering matters that are essential for the management of personal finances:
Financial sector promotes financial literacy during European Money Week
The Finnish financial sector wants to ensure that every Finn ‒ especially the younger generation ‒ is equipped with the skills to manage their personal finances and is aware of the dangers of over-indebtedness. During European Money Week, the Federation of Finnish Financial Services (FFI) and its member organisations and cooperation partners hold various events and turn the spotlight to the many consumer- and SME-oriented financial literacy projects they are engaged in throughout the year.
In Finland the financil sector combine their efforts to raise public awareness of financial literacy and personal financial skills during the European Money Week . The week’s various projects and events will be found on Twitter under the hashtag #EMW2017.
Financial education part of curriculum? yes
PISA financial literacy ranking (OECD, 2012): did not take part