Czech Republic

2024 Czech Republic Global Money Week

GMW NATIONAL COORDINATOR:

  • Ministry of Finance

PARTICIPATING ORGANISATIONS:

  • EFPA ČR, yourchance, Ministry of Education, Czech National Bank, ABC finančního vzdělávání, Centrum Černý most, Czech Banking Association,  Československá obchodní banka, Czech Mint, Nadace České Spořitelny,  Soutěž Finanční gramotnost, General Financial Directorate, General Directorate of Customs, Junior Achievement o.p.s., Klub česko ukrajinského přátelství, 4poradci s.r.o., Provident Financial a Creditea, finlit foundation gGmbH, Nekrachni, z.ú., Finance pro radost, Dětský podnikatelský klub, EUCS, SAZKA, Česká spořitelna,Komerční banka, KB Sence, Nadace KB, Moneta Money Bank, AirBank, Creditas, EFPA ČR, various schools and colleges

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 13 461

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 81 900

NUMBER OF ADULTS REACHED DIRECTLY:

  • 20 500

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 1 000 000

The year 2024 marked a significant increase in participation in the Global Money Week. Hundreds of schools, state institutions, companies, practitioners and the non-profit sector promoted the initiative though media campaigns, social media campaigns as well as the classic word of mouth, to bring more people in and get them involved. Both the relevance of the theme this year and the interesting activities offered during the week supported the campaign’s reach of 100.000 participants.

The activities have spilled over the designated week, validating the decision of the Ministry of Finance to make the month of March the Financial Education Month. Activities included popular competitions (Rozpočti si to!, Soutěž finanční gramotnost and FinGrPlay), a live event with many prominent figures in one of the capital´s biggest mall (OC Černý Most) and activities brought directly into schools by trainers and experts. Some activities were organised for the first time this year. For example, the topic of security was discussed by the Financial and Customs Administration.

Some of the most prominent and active partners in the private sector include the Foundation of Česká Spořitelna, Czech Banking Association and Junior Achievement. EFPA Czech Republic and yourchance o.p.s., who have been the main organisers of the Global Money Week over the years, have been very active to ensure GMW is a success in Czech Republic.


2023 Czech Republic Global Money Week

GMW NATIONAL COORDINATOR:

  • Ministry of Finance

PARTICIPATING ORGANISATIONS:

  • EFPA ČR and yourchance; Ministry of Education ; Czech National Bank; ABC; finančního vzdělávání; AISIS; Centrum Černý most; Czech Banking Association; Česká spořitelna; Československá obchodní banka; Czech Mint; Finanční gramotnost do škol; Komerční banka; MHMP; Moneta Money Bank; Metodica, z.s.; Nadace České Spořitelny; Rozumíme penězům; Soutěž Finanční gramotnost

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 1 230

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 59 800

NUMBER OF ADULTS REACHED DIRECTLY:

  • 5 300

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

Nearly 60,000 people attended this year's Global Money Week, which focused on financial health competencies. A number of new and renewed activities accompanied the regular programme.


For the seventh time, the Czech Republic participated in Global Money Week, with the Ministry of Finance as its national coordinator and the Ministry of Education and the Czech National Bank as its traditional patrons. The organisers of the event, yourchance o.p.s. and EFPA ČR, invited a number of schools, children's homes, organisations, companies and independent experts to organise lectures and workshops on topics related to healthy financial habits and competences. Competitions and events for the public were held nationwide, and a novelty was the involvement of the Ukrainian community in the form of lectures and musical performances at the Černý most Centre on the Financial Literacy Day. Banks had a significant and very active presence in this year's event, providing dozens of practitioners in addition to their financial support. They shared their many years of experience in the world of finance with children and young people. The closing conference at the Czech National Bank, was traditionally the end of GMW in the Czech Republic. At the beginning of the programme, representatives of the Ministry of Finance, the Ministry of Education and Science and the CNB spoke about the need for financial education across generations from their own perspectives. Subsequently, they presented the key steps they are taking in this area. In other presentations, representatives of the National Institute of Education, banks and independent initiatives presented their projects aimed at increasing financial literacy.


The programme of the GMW activities has also featured traditional online competitions, games and educational programs. There were several debates at libraries, schools and public places as well as online gatherings, focusing on various financial topics such as family finances, budgeting, starting an enterprise, investing, inflation, financial health, securing a stable financial future, etc. The Czech Republic has launched “March – The month of financial health” as a start of a future tradition in order to support the GMW in much wider scope.


2022 Czech Republic Global Money Week

GMW NATIONAL COORDINATOR:

  • Ministry of Finance

PARTICIPATING ORGANISATIONS:

  • Ministry of Education, Youth and Sports, Czech National Bank, EFPA Czech Republic, yourchance, 750 schools, 15 children's homes, 5 financial institutions and banks (Česká spořitelna, ČSOB, Modrá pyramida, Raiffeisenbank, Komerční banka), 30 other organisations, including Česká bankovní asociace, ABC finančního vzdělávání, Metodika, Finanční gramotnost, Knihovny, MHMP, MČ Praha 1, Česká mincovna, Zámek Hluboš z.ú., Sazka

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 800

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 31,338

NUMBER OF ADULTS REACHED DIRECTLY:

  • 1,500

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

In the Czech Republic, GMW participants took part in traditional online competitions, games and educational programmes provided by different financial institutions. Debates were hosted in libraries, schools and public places. Online gatherings, focused on financial topics such as budgeting, start-ups, securing a stable financial future, and more. Some financial institutions ran open days doors. The closing ceremony of GMW was held at the Czech National Bank.

GMW2022 included popular digital competitions and games, such as "FinGRplay" tournament, "Rozpočti si to!", "Soutěž Finanční gramotnost” and “Financial Literacy Competition." Special prizes for winners were presented by the Minister of Finance. Lectures, project days and workshops took place in many schools and children's homes in the country. In 2022, a Student Companies Fair was introduced and organised by Junior Achievement. Participants noted that their favourite activities were webinars with successful well-known business owners.


2021 Czech Republic Global Money Week

GMW NATIONAL COORDINATOR:

  • Ministry of Finance

PARTICIPATING ORGANISATIONS:

  • Czech National Bank, EFPA ČR, EFPA EU, Yourchance, Metodika, Komerční banka, Česká spořitelna, ČSOB, Modrá pyramida, ING, NN, ABC finančního vzdělávání, MHMP, City District Praha 1, Czech Mint, Primenet Praha, Zámek Hluboš z.ú., Flow & Grow, Český rozhlas (radio), 300 schools, 25 orphanages, 4 libraries

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 350

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 18,160

NUMBER OF ADULTS REACHED DIRECTLY:

  • 1,000

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

In 2021, Global Money Week had a digital focus in the Czech Republic, through online competitions and games. The Ministry of Finance with partners organised many events and activities. Traditional educational programmes were moved from classroom activity to online environment. Additional meetings and webinars were organised. Some webinars focused on sharing business stories, on how successful entrepreneurs got into their business and what hardships they have had to overcome. For many participants, these online sessions were a great opportunity to get inspired, motivated and to gain new perspectives on what entrepreneurship is and how it can look like in today’s complex world. Similar activities focusing on financial topics with practitioners and professionals were held during the Campaign.


2019 Czech Republic Global Money Week

LEADING ORGANISATIONS:

  • European Financial Planning Association Czech Republic, Yourchance o.p.s.

PARTICIPATING ORGANISATIONS:

  • 128 Schools, 45 Orphanages, ABC finančního vzdělávání, Centrum Černý most, Czech National Bank, eDO finance, Federace DD – FICE), Fincentrum, GMVV, Praha, ING Bank, Jihomoravský kraj, Junior Achievement, Knihovna Brno, Knihovna Kojetín, Knihovna Konice, Knihovna Kroměříž, Knihovna Liberec, Knihovna Ostrava, Knihovna Prostějov, Knihovna Strakonice, Knihovna Vsetín, Komerční banka (hlavní partner GMW 2019), Magistrát hlavního města Prahy, MAS Opavsko, Ministerstvo financí ČR, Ministerstvo školství, mládeže a tělovýchovy ČR, Modrá pyramida, NN ČR/SR, Partners Financial Services, Den finanční gramotnosti, Poradna při finanční tísni, Spendee, SPŠ dopravní, Plzeň, SPŠS Betlémská, Praha, Střední odborné učiliště, Sedlčany, Střední průmyslová škola dopravní, Plzeň, Střední průmyslová škola, Kutná Hora, Střední zdravotní škola, Ostrava, Střední zemědělská škola, Tábor, SZdŠ a obchodní akademie Rumburk, SČMSD Humpolec, SŠ AGC Teplice, SŠ Havířov, SŠ nábytkářská a obchodní, Bystřice pod Hostýnem, SŠ Náhorní, SŠ Polytechnická, Brno, SŠTO, Havířov, Theia, ZŠ ERIZA, Mělník, ZŠ Lutín, ZŠ pro tělesně postižené, Opava, ZŠ Puklice, ZŠ Smetanova, Vimperk, ZŠ T. G. Masaryka, Praha 12, ZŠ Vamberk, Česká národní banka, ČSOB, THEIA - krizové centrum o.p.s.

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 16 990

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 1 300 500

European Financial Planning Association Czech Republic
European Financial Planning Association Czech Republic (EFPA CZ) and Yourchance o.p.s., lecturers of financial literacy, organised a country-wide campaign in Czechia for Global Money Week 2019. Numerous lectures, discussions, workshops, project days, and public events took place. During the workshops, children were introduced to GMW, after which they watched videos on how money is made and how it is produced. An example of a popular activity was “household economy”, in which the children were asked to draw a house and imagine it to be their own. Discussions were then held on the items that would be in these houses and how much these items would cost. The exercise served as a metaphor for a moneybox, highlighting the differences between income and costs. The exercise ended with children drawing a goal they wish to save for. Some workshops were broadcasted by Czech Television. During the Week, a public event was held with popular Youtubers. The day was filled with dances, singing, competitions and games on financial topics, and interviews on the importance of financial education. In the classroom, children could participate in two online games, titled “Budget It” and “FinGRplay”. The aim of the games was to raise the interest in finances and in that way increase the financial stability and strength of Czech families. To close the Week, a financial literacy conference was held, hosted by the Czech National Bank, which was attended by representatives of the Ministry of Finance, the Chamber of Deputies, commercial banks, financial advisory companies, non-profit organisations, and participating schools. Topics discussed during the conference included increasing financial education, saving for pension, debts, and financial regulations, particularly in the context of the Consumer Protection Act. Various tools were introduced to children and parents to stimulate rational financial behaviour.


2018 Czech Republic Global Money Week

LEADING ORGANISATIONS:

  • European Financial Planning Association (EFPA CZ)
  • Yourchance o.p.s

PARTICIPATING ORGANISATIONS:

  • Ministry of Education, Youth and Sports, Ministry of Finance, Czech National Bank, Czech Banking Association, ČSOB (Československá obchodní banka), NN ČR/SR, ING Bank, Česká spořitelna, DEPO 2015, CRIF-Czech Credit Bureau, Broker Trust, Nadace DRFG, Sberbank, Flow&Grow, KFP, Centrum Černý most, Muzeum Říčany, Knihovna Libereckého kraje, Česká mincovna, Krajský úřad JMK (KaPoDaV), ABC finančního vzdělávání, Dětská herna Stonožka, Garde Clientela, Business & Professional Women CR z.s., Saturia, Střední škola Gastronomie a služeb, Liberec, Masarykova ZŠ a MŠ, Hnojník 120, Základní škola, Střední škola Bohumín, Základní škola, Praha 4, Pošepného nám. 2022, ZŠ Písnická, ISŠŽ Plzeň, Masarykova ZS a MS Velká Bystřice, SPŠUL Resslova středisko Stříbrníky, První jazyková základní škola v Praze 4, Střední škola obchodní a služeb SČMSD, Střední škola logistická Dalovice, Soukromá základní škola spol. s r.o Ostrava-Vítkovice, OA Plzeň, ZŠ Tupolevka, ZŠ a MŠ Křešice, Gymnázium a SOŠPG Nová Paka, ZŠ T. G. Masaryka Rokycany, o.p.s., Obchodní akademie a jazyková škola Liberec, ZŠ a MŠ Děčín XXVII, Gymnázium a Hudební škola Hl.m. Phy, ZUŠ, ZŠ a MŠ Kozlovice, OA a JŠ s právem státní závěrečné zkoušky, SŠDOS Moravský Krumlov příspěvková organizace, ISŠ Slaný, ZŠ a SŠ K. Vary, ZŠ a MŠ Hořičky, kraj Kralovehradecky, Základní škola Vimperk, ZŠ a MŠ Buchlovice, u Uherského Hradiště, ZŠ Měcholupy - okres Louny, ZŠ a MŠ Ludvíka Očenáška, Moravská střední škola s.r.o. Olomouc, Gymnázium Postupická, Základní škola a Mateřská škola, Višňové, SŠTGA Chomutov, středisko Kadaň, ZŠ Bílina, Obchodní akademie a Vyšší odborná škola sociální, p.o. Ostrava-Mariánské Hory, ISŠTE Sokolov, SŠ Náhorní Praha, Gymnázium Nad Alejí, ZŠ Na Smetanc, SPŠE Plzeň, OA a VOŠE Kollárovka Praha, 25. ZŠ Plzeň, ZŠ K. H. Máchy Doksy, ISŠ a HPOS Příbram, SPŠ stavební Mělník, Církevní gymnázium Německého řádu

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 10 470

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 374

European Financial Planning Association (EFPA CZ)
During the GMW2018, different types of schools all over the country organised numerous seminars, discussions, and workshops with financial experts and professionals. Interactive games and quiz sessions were held in many places. This year we also organised an online financial education tournament for schools focusing on family life cycle, family budget planning, and investing during individual stages of life. Our main focus was to engage parents as well as their children by organising workshops, discussions, and games for parents and children. Furthermore, we organised an event in a shopping centre involving youtubers to attract young people. A very popular event was a workshop on the development of financial literacy and entrepreneurship in which participants played interactive games simulating life situations. Many schools valued an interactive entertainment exposition "The Circle on Money" which was opened for several months, including during GMW. To close the activities of the GMW, the national coordinators organised a professional conference, on the premises of the Czech National Bank, under the supervision of the respective authorities, which focused on the revision of the National Strategy of Financial Education. During this event, corporations presented their long-term projects on financial education for children and their experience with such projects. The Ministry of Education and the Ministry of Finance shared their views on several key points, including the issue of potential conflicts of interest while promoting financial literacy. We believe that the social media campaigns, the public events in libraries and commercial shopping centres, as well as the engagement of schools will enhance public awareness about the GMW activities and financial literacy of children and youth in general. The ongoing topic for the Czech Republic remains the engagement of parents during the learning process of their children because the family environment and behavioural patterns of parents is paramount to improving financial behaviour of their children. Tomáš Nidetzký, a member of the Board of the Czech National Bank, in his opening speech at the GMW conference stressed the need for transparency of products and services on the financial market. He also recalled that the financial education of advisers and intermediaries is also important in the financial literacy. Michaela Hlavicová from the Ministry of Finance reported on the state of the revision of the National Strategy of Financial Education. The priorities of the MF mentioned the prevention of the over-indebtedness, the importance of the availability of the necessary information for the clients' decision-making, the need for planning and the need for retirement provision. Jana Merunková, from the position of the director of a public beneficiary company, stated that parents perceive their own knowledge of financial literacy as inadequate and would therefore welcome the emergence of comprehensible, simple concepts. At the same time, they would like financial literacy to be taught at schools as a separate subject. Marta Gellová, co-founder and the president of EFPA Czech Republic stressed the importance of an engagement with personal finances, the ability to handle unexpected life situations and respond to them. Parents create models for their children, and financial education therefore always starts right there.


2017 Czech Republic Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 4 366

On 3 April, the expert conference "System Changes in Financial Education" was successfully organised. Participating national organisations included EFPA CR and yourchance o.p.s. The patronage of the GMW was shared by the Ministry of Education and the Ministry of Finance. The event was held at the premises of the CNB.

Mgr. Marta Gellová and Jana Merunková, the organisers of GMW in the Czech Republic, presented very satisfactory results of this year’s events. Both organisers agreed that mutual cooperation is very good and expressed their commitment to take over the organisational duties of GMW next year.

In total, 4,500 pupils and students took part in 67 GMW events this year. In addition, to schools and universities, a number of non-profit organisations, children's homes and commercial entities participated in the events ranging from games, discussions, workshops, lectures to all-day events.


2013 Czech Republic Money Week

NAME OF THE ORGANISING ENTITY:

  • Evita os

PARTICIPATING ORGANISATIONS:

  • Deputy Financial Arbitrator of the Czech Republic
  • Educational Institute of the Central Bohemia Region (VISK)

DATE OF THE EVENT:

  • 19th - 20th of March

NUMBER OF CHILDREN REACHED:

  • 30

Global Money Week in Czech Republic was marked with two Events in Krapupy nad Vltavou and Poděbrady.

On the 19th March 2013, the first event took place at the Parish Charity in Kralupy nad Vltavou. The participants in the workshop were children and youth aged 12-24. They were given the opportunity to discuss the role of money in their lives, focusing on the role of financial institutions and programs, the negative impacts of money, the problem of debts and its consequences, etc. Since the participants were familiar with negative aspects of money and debts in general, the organisers tried to highlight ways in which to approach and remedy these problems in a positive manner.

On 20th March 2013, the second event took place at the Václav Havel Primary School in Poděbrady. The participants in the workshop were children aged 13-15 years. The organised programme highlighted the principles of Financial Literacy (the role of money, banks, financial institutions and financial mechanisms in general) with both positive and negative aspects of money.