2024 Ireland Global Money Week
GMW NATIONAL COORDINATOR:
- Competition and Consumer Protection Commission (CCPC)
PARTICIPATING ORGANISATIONS:
- Brokers Ireland, Banking and Payments Federation Ireland (BPFI), Central Bank of Ireland, Competition and Consumer Protection Commission (CCPC), Department of Finance, Euronext Ireland, Financial Services and Pensions Ombudsman (FSPO), Institute of Banking (IOB), Junior Achievement Ireland (JAI), Money Advice and Budgeting Service (MABS), Revenue.
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 11
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 5 838
NUMBER OF ADULTS REACHED DIRECTLY:
- 6 287
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 150 000
The CCPC, Euronext, JAI, MABS and Revenue delivered in person financial education talks to over 40 secondary schools and approximately 2,300 students throughout Ireland during GMW 2024. On each day of GMW, Monday through to Friday, Ireland had a theme related to the overall theme of 'Protect your money, secure your future.' The CCPC coordinated web page and social media GMW information with participating organisations on each of the GMW days to ensure key consistent messaging was delivered to the public and GMW content was amplified to extend the GMW reach through sharing and reposting.
The IOB held online webinars for their members, with 4,187 attendees. The BPFI Senior Economists Masterclass Webinar, held ahead of GMW, gave secondary students in Leaving Certificate senior cycle insights from Ireland’s top economists ahead of their exams.
During GMW, the BPFI hosted the Irish finals of the 2024 European Money Quiz. Second level students were tested on a series of financial questions and competed directly against each other in real time using the Kahoot learning platform.
Junior Achievement Finance Park is a secondary school financial literacy programme culminating in an interactive online simulation where students are assigned a persona which they have to budget for. Junior Achievement Ireland and deliver JA Finance Park throughout the school year and the CCPC joined them in a school during GMW for one of their sessions.
Brokers Ireland held an ‘Ask the Expert - Savvy Savers’ podcast during GMW for their members that was shared with secondary level transition year teachers. Two students - a college second year student and fifth year secondary student (male and female respectively) asked the financial expert relevant financial related questions. Brokers Ireland sent a circular to its members about GMW and activities taking place throughout the week. ‘The Money Survival Guide for Savvy Savers’ e-Guide was created for members and Transition year teachers. A full-page article written by the CCPC on GMW was published in the monthly Brokers Ireland magazine.
Revenue issued a Global Money Week themed newsletter to its 530 strong subscriber list made up of secondary school teachers.
The EU Commissioner Mairead McGuinness launched Ireland's GMW virtually with a video message and Minister for Finance Michael McGrath closed GMW by attending and addressing a school GMW event. The Central Bank of Ireland scheduled online content across its digital channels covering saving your money, scams & frauds and crypto currency. Euronext Dublin hosted two secondary schools in the Dublin Stock exchange where students got to ring the closing bell and took part in a financial education workshop. The BPFI ran a social media campaign to drive awareness about the dangers of money mules. MABS, the CCPC and the FSPO used a dedicated GMW webpage on their website to drive their GMW digital campaign sharing common fraud and scam complaint case studies with the FSPO producing a money mule motion awareness graphic and a video message on GMW.
2023 Ireland Global Money Week
PARTICIPATING ORGANISATIONS:
- Money Advice & Budgeting Service (MABS)
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- MABS , Second Level Schools and Youth Reach (Young persons Training & Education Centres)
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 2 704
NUMBER OF SECONDARY SCHOOLS/YOUTHREACH INVOLVED:
- 52 schools and 1 Youthreach
NUMBER OF ADULTS REACHED DIRECTLY:
- 5 000
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 10 000
MABS were delighted to be taking part in Global Money Week (GMW 2023) in secondary schools throughout Ireland. As part of GMW 2023, MABS discussed how young people can start to think about their money and focus on the future. In secondary schools throughout Ireland, MABS provided fun and engaging material and easy to learn money management tips. As the cost of living continues, for example, the cost of rent, food, transport and electricity rising, many people may be struggling to manage their money. MABS provided students with the knowledge and skills to be able to manage their money now and into the future. This year, the top tips on five main topics were developed. These tips were on budgeting; needs and wants; protecting our money; saving and spending and borrowing. Other optional topics included sustainable spending, being conscious about credit rating and the danger of money mules. MABS delivered sessions to approximately 52 schools and to over 2,500 students.
2022 Ireland Global Money Week
PARTICIPATING ORGANISATIONS:
- Money Advice and Budgeting Service (MABS), schools
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- Not Reported
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 3,000
NUMBER OF ADULTS REACHED DIRECTLY:
- 5,000
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 8,000
MABS and Secondary Level Schools in Republic of Ireland took part in Global Money Week 2022. 23 MABS offices throughout the Republic of Ireland engaged with 50 secondary schools. The total number of students that took part was over 3,000. The MABS staff gave money management learning sessions to second level students.
The Money Advice and Budgeting Service (MABS) is Ireland's state funded organisation that assists those in debt or are in danger of getting into debt. MABS also has a responsibility for education in relation to money management. As part of GMW2022, staff from 23 MABS services throughout Ireland visited 50 secondary schools to deliver financial training and workshops on “prioritising spending”, “budgeting”, “savings”, “protecting our money”, “borrowing” and “cost of credit.”
From 21-27 March 2022, around 3,000 young people aged 14-18 participated in GMW during these MABS facilitated money management education sessions. Each student received a certificate of participation and completed a survey which will form part of a research project that will gauge teenage attitudes and experience of money and money management. Literature for families to assist in preparing financially for college was given to students after the sessions. Spending diaries were also given to students to assist with money management and prioritising spending.
The sessions were very well received by students and teachers and MABS staff delivering the money management sessions felt that the workshops, as part of Global Money Week, were extremely beneficial. MABS also supported schools to promote the GMW campaign on their own school websites and social media platforms.
2021 Ireland Global Money Week
PARTICIPATING ORGANISATIONS:
- The Money Advice & Budgeting Service (MABS), schools
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 2
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 60
NUMBER OF ADULTS REACHED DIRECTLY:
- 10
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 70
During GMW2021, the Money Advice & Budgeting Service (MABS) delivered online workshops to transition years students across the country. These sessions were delivered by local MABS services and focussed on the GMW theme “Taking care of yourself, taking care of your money.” The workshops included tips on how to draw up a budget and group exercises to help students distinguish between a financial “need” and a “want.” These sessions also explored how the students view and use money in their daily lives.
2019 Ireland Global Money Week
LEADING ORGANISATIONS:
- Money Advice & Budgeting Service (MABS)
PARTICIPATING ORGANISATIONS:
- Not reported
NUMBER OF CHILDREN REACHED DIRECTLY:
- 500
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 1 000
Money Advice & Budgeting Service (MABS)
During GMW2019, Money Advisers from the Money Advice and Budgeting Service (MABS) provided money management education to schools, under the GMW theme “Learn.Save.Earn.”. Young people took part in activities that helped them to understand the difference between spending needs and wants, and how to make responsible spending choices. The exercises included learning about the cost of credit, creating a saving goal, and income maximization in age appropriate interactive case studies. Each student received a money advice fact sheet, spending diaries, and a Certificate of Participation after completing the class.
2018 Ireland Global Money Week
LEADING ORGANISATIONS:
- Banking and Payments Federation of Ireland (BPFI)
PARTICIPATING ORGANISATIONS:
- N/A
NUMBER OF CHILDREN REACHED DIRECTLY:
- Not reported
NUMBER OF PEOPLE REACHED INDIRECTLY:
- Not reported
Banking and Payments Federation of Ireland (BPFI)
European Money Week 2018 took place from 12-18 March, during which BPFI and its members organised a series of great events to promote the benefits of financial education and to raise awareness. BPFI’s two leading events included the Economist Webinar and the European Money Quiz. Kicking off European Money Week 2018, BPFI brought together the chief economists from Ireland’s leading retail banks to engage in a live Economist Masterclass webinar. The event streamed into over 100 second level business and economics classes across Ireland, who registered for the event, allowing students to learn more about the top economic issues of the day of which included; Brexit, The Irish Economy and the Housing market. On March 14th BPFI hosted the inaugural European Money Quiz, in which second level business students in schools across Ireland competed directly against each other in a live Kahoot! webcast on YouTube. The winners of the Irish heats, Ciarmhac O’Fionnagáin and Michael McGovern of O’Carolan College, Nobber, Co. Meath, will now go forward to represent Ireland in the European finals where 30 countries will compete in a live event to become European champions. This final will be held on 8th May in Brussels.
2017 Ireland Global Money Week
LEADING ORGANISATIONS:
NUMBER OF CHILDREN REACHED DIRECTLY:
- 200
As part of Global Money week, the Central Bank of Ireland Governor Philip R. Lane visited four secondary schools to teach them the role of a Central Bank and the importance of studying economics and business subjects in school.
2016 Ireland Global Money Week
LEADING ORGANISATIONS:
- Irish Stock Exchange
- Banking & Payments Federation Ireland
PARTICIPATING ORGANISATIONS:
- Foroige
- Colaiste Chraobh Abhann
- Business Studies Teachers Association of Ireland
DATE OF THE EVENT:
- 16th of March
TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:
- 45
On Wednesday 16 March, the Irish Stock Exchange opened their doors to about 50 Irish secondary school students; this was an interactive and educational morning from 10:00am – 12:00pm. The students started the day with a welcome address from the CEO of the Irish Stock Exchange, who detailed the history of the building and the exchange and how various historical and recent events in Ireland had shaped the business of the ISE for over 200 years. A number of ISE staff talked about the ISE as a place to work (the ISE was recently awarded the #1 Great Place to Work in Ireland) and demonstrated the range of skillsets and career opportunities that exist in the organisation. The ISE also showed a short video to students about how exchanges work. Students also had an opportunity to ‘Ring the Bell’ to signal the start and end of the day’s trading:
During GMW, the Banking & Payments Federation Ireland (BPFI) launched a series of new content streams on its online financial education resource www.BusinessEducation.ie. The updated resource was unveiled at a special financial education stakeholder event attended by BPFI members, as well as by representatives from national organisation and bodies in the education, consumer and banking sectors. The event was held to discuss the importance of financial education and to showcase the work which BPFI is undertaking as part of European Money Week.
BusinessEducation.ie is an online educational resource for teachers and students of senior cycle Business, Economics and Accounting students and teachers. Developed by Banking & Payments Federation Ireland (BPFI), in conjunction with the Business Studies Teachers' Association of Ireland (BSTAI), the site provides a range of support tools for use in the classroom and at home. Such tools include sample exam questions and worked-out answers written and assessed by experienced teachers, an overview of and commentary on the most up-to-date figures on a range of Ireland's key economic indicators written by BPFI's economist and useful links to business news stories relevant to both the Business and Economics curricula.
Due to the ongoing success of the site since its launch in March 2015, BPFI has worked closely with the BSTAI to develop a number of new content streams which were unveiled at the stakeholder event during GMW. Among others, these include:
- The addition of a new section for the subject of Accounting
- A new business and economics briefs section, written by BPFI's economist, consisting of short reports on key national and international business and economic developments of note
- A number of additional sample exam questions and answers to the existing sections for business and economics
- Past senior cycle exam papers as well as marking schemes can now also be accessed for each of the three business subjects
A media photo-call was also held to promote the event and website launch, which included the participation of students from two local schools and which successfully achieved national print coverage. Organisations in attendance at the stakeholder event included:
- The addition of a new section for the subject of Accounting
- A new business and economics briefs section, written by BPFI's economist, consisting of short reports on key national and international business and economic developments of note
- A number of additional sample exam questions and answers to the existing sections for business and economics
- Past senior cycle exam papers as well as marking schemes can now also be accessed for each of the three business subjects
A media photo-call was also held to promote the event and website launch, which included the participation of students from two local schools and which successfully achieved national print coverage. Organisations in attendance at the stakeholder event included:
- Central Bank of Ireland
- Department of Education & Skills
- Competition and Consumer Protection Commission
- Money Advice & Budgeting Service
- Consumer Association of Ireland
- Business Studies Association of Ireland
- Education & Training Boards Ireland
- Institute of Banking
- Association of Community & Comprehensive Schools
“Many thanks for a wonderful day at the ISE. The students really enjoyed it and learnt a lot. They were made to feel very welcome.” Ruairi Farrell – (Business Department Coordinator at Colaiste Chroabh Abhann
“As someone who has experience in both the boardroom and the classroom, I have first-hand knowledge of the significance of business education. The study of business, economics and accounting by our students is vital to developing the future health of our country's economy and I commend both BPFI and the BSTAI in working to produce this resource which will undoubtedly be of immense value throughout the school year and in preparation for exams.” Padraig O’Ceidigh - Leading Irish business figure, adjunct Professor of Entrepreneurship and Innovation in NUI Galway and former teacher
“Since its launch last year, BusinessEducation.ie has proved a tremendous success with both teachers and students alike, and it is this success which has driven the current expansion of the site. In recent months the BSTAI worked with its members to identity possible new elements for the resource, which would add further value for teachers and students. BPFI has taken this feedback and delivered an even further enhanced resource which will build on the quality of teaching and learning by adding to the support provided to students and teachers" Norah Martyn - Business Studies Teachers’ Association of Ireland (BSTAI)
“BPFI is delighted to spearhead the development of this online resource with the Business Studies Teachers’ Association of Ireland (BSTAI), with whom we have a long-standing relationship across a range of financial education projects and initiatives. Having identified a real need for this type of resource, BPFI and the BSTAI have worked very closely together to develop and improve BusinessEducation.ie which will we know from teachers on the ground provides valuable support both within and outside the classroom. BPFI and its member institutions recognize the importance of financial education and this resource is one part of a wealth of initiatives already being provided by our sector in schools, colleges and in the workplace.” Noel Brett, CEO, Banking & Payment Federation Ireland
2015 Ireland Global Money Week
PARTICIPANTS:
DATE OF THE EVENT:
- 9th - 11th of March
NUMBER OF CHILDREN REACHED:
- 89
From 9 to 11 March, Ulster Bank staff joined the Global Money Week celebrations by delivering MoneySense sessions to students of different age groups in Ireland. Sessions covered different topics, such as budgeting, borrowing money, dealing with banks and financial organisations, reading a payslip, managing debt or how to use an ATM. Some of the sessions, and in line with the Global Money Week theme, “Save today, Safe tomorrow”, focused on life choices and savings and preparing for going into further education. Ulster Bank also organised a training for their bank staff to equip them to be able to deliver Financial Education (MoneySense sessions) in schools.
2014 Ireland Global Money Week
PARTICIPANTS:
DATE OF THE EVENT:
- 11th - 16th of March
NUMBER OF CHILDREN REACHED:
- 3 416
During Global Money Week 2014, SpunOut.ie did a homepage takeover on all things money and finance related. We created content about Global Money Week, explaining what it is and how you can get involved. We changed the homepage of our website to reflect the theme of the week from the 11th-16th of March and included different articles on budgeting, being financially responsible, information on bank accounts etc. We also encouraged readers to write about their tips and advice on money saving and budgeting. To compliment the homepage takeover, we scheduled posts on Facebook and Twitter about Global Money Week and our financial content. Between the homepage takeover and social media posts, we reached 3416 young people online.