2023 Hong Kong, China Global Money Week
GMW NATIONAL COORDINATOR:
- Investor and Financial Education Council (IFEC)
PARTICIPATING ORGANISATIONS:
- Education Bureau; The Hong Kong Monetary Authority; Hong Kong Education CityHong Kong and Shanghai Banking Corporation Limited; Hong Kong Economic Times; Hong Kong Shue Yan University Department of Economics and Finance; Hong Kong Welfare Society Financial Education Centre; Junior Achievement Hong Kong; St. James' Settlement; The Boys' & Girls' Clubs Association of Hong Kong; The Hang Seng University of Hong Kong; The Hong Kong Institute of Certified Public Accountants; The Institute of Financial Planners of Hong Kong; Visa
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 15
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 913
NUMBER OF ADULTS REACHED DIRECTLY:
- 198
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 197 000
During Global Money week 2023, the IFEC collaborated with stakeholders including government bodies, NGOs, universities and financial institutions to promote investor and financial education and reached around 198,000 children, young people and adults through a series of education initiatives promoted via the dedicated GMW2023 portal. Resources such as the IFEC Money Tracker App, online games and quizzes, animation videos, parenting talks, workshops and competitions were available on this website. In particular, the IFEC launched a new IFEC Money Tracker Mobile App to help the young generation to cultivate essential financial management habits through tracking income and expenses while on the go. The enhanced and intuitive interface of the mobile app allows users to categorise expenses for better budgeting and to help them realise their savings goals. The Digital Stock Trading Guru Competition, co-organised by the IFEC and Hong Kong Association for Business Education, and supported by the Education Bureau, aimed to help upper secondary school students to learn essential financial knowledge and stock trading in an interactive way. It also encouraged students to understand the importance of having the right attitude to investing and financial management to attain life goals. The IFEC focused on the online channels including social media platforms, website, e-newsletters and web banners to raise awareness of GMW 2023 and extend its reach to children, young people and parents territory-wide.
2022 Hong Kong, China Global Money Week
GMW NATIONAL COORDINATOR:
- Investor and Financial Education Council (IFEC)
PARTICIPATING ORGANISATIONS:
- Education Bureau, Bank of China (Hong Kong), Hong Kong Economic Times, Junior Achievement Hong Kong, Prudential Hong Kong, The Boys' & Girls' Clubs Association of Hong Kong, The Hong Kong Institute of Certified Public Accountants, Transunion
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 9
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 159,621
NUMBER OF ADULTS REACHED DIRECTLY:
- 5,330
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 280,998
During Global Money Week 2022, the IFEC partnered with NGOs, industry bodies and financial institutions and reached over 280,998 children, youth and adults through a series of digital activities such as online money learning quizzes, a game on credit rating on Facebook, money management videos and a thematic webpage on green finance.
The IFEC developed three interactive online quizzes targeting primary school students and youth. Through money-related questions using everyday scenarios children were able to reflect upon their behaviours and learn about good money management habits. The youth financial quotient (FQ) quiz presented money scenarios on money management, scam prevention, and the impact of social media on investment decisions.
The “Invest in Yourself” Young Writers Contest, organised by the IFEC, the Education Bureau and HKEJ Education invited secondary school students to present their financial management skills and knowledge through writings. It also aimed to empower them to invest in themselves by understanding how financial management and good planning can help them to attain life goals and foster their understanding and confidence in financial decision-making. Launched in March as one of the initiatives of GMW, the contest closed in the end of May.
To celebrate GMW2022, IFEC with partners, Bank of China (Hong Kong), TransUnion HK and HKEJ Education, developed fun and interesting activities and resources targeting the wider youth population in Hong Kong. Credit rating is often overlooked by young people. Therefore, due to the widespread use of credit cards and growing popularity of Buy Now Pay Later (BNPL) offerings a credit rating agency, TransUnion Hong Kong, developed a Facebook game to raise awareness of credit ratings and to remind game participants to adopt sound financial management practices. To promote green finance and good money habits, Bank of China (Hong Kong) and HKEJ Education, developed a video featuring an influencer and a thematic webpage. Other organisations who promoted GMW on their social media platforms include Junior Achievement Hong Kong, Prudential Hong Kong, The Boys' & Girls' Clubs Association of Hong Kong and The Hong Kong Institute of Certified Public Accountants.
2021 China Global Money Week
PARTICIPATING ORGANISATIONS:
- Lin’an Yongjia Investment Consulting Company
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 1
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 10,000
NUMBER OF ADULTS REACHED DIRECTLY:
- 5,000
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 5,000
During Global Money Week 2021, Lin’an Yongjia Investment Consulting Company in China, together with its partners, reached more than 10,000 families, including children and youth via GMW activities. The company organised a range of events that included live video courses on financial education for youth in China. 1,500 participants took part in these live video courses. To share updates from the events and financial education knowledge, Lin’an Yongjia Investment Consulting Company used a website here, WeChat and QQ study groups engaging over 5,000 participants through these platforms. Young people visited Yongjia company to learn about finance and investment. Around 100 families were provided with financial education plans for kids. Yongjia launched its WeChat App called Caiguanjia that focuses on financial education.
2021 Hong Kong, China Global Money Week
GMW NATIONAL COORDINATOR:
- The Investor and Financial Education Council (IFEC)
PARTICIPATING ORGANISATIONS:
- Education Bureau, Financial Services and the Treasury Bureau, Hong Kong Police, The Boys' & Girls' Clubs Association of Hong Kong, Hong Kong Family Welfare Society, St. James’ Settlement, Hong Kong Institute of Certified Public Accountants, Prudence Foundation, Prudential Hong Kong
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 9
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 32,363
NUMBER OF ADULTS REACHED DIRECTLY:
- 311
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 164,729
During the 9th edition of Global Money Week, the Investor and Financial Education Council (IFEC) partnered with government agencies, NGOs, industry bodies and the financial institutions and reached over 170,000 children, youth and adults through a series of digital activities such as an online Money Management Challenge, Facebook live session and social media campaigns.
Through partnerships with education and NGO stakeholders, the IFEC organised a set of territory-wide Money Management Challenges for kindergarten, primary, secondary and tertiary students starting in March. Participants were tasked with different age-appropriate activities outlined in the Hong Kong Financial Competency Framework here.
Kindergarten and primary school participants were invited to create an ending for a fairy tale on goal setting and savings. Their entries were submitted as videos, be that animation, acting or storytelling. Aside from awarding the winning entries, short-listed entries also qualified for the “Netizen’s Favourite,” via a voting process based the number of likes per video on the IFEC YouTube page. Over 250 submissions were received, 10,000 views and 2,500 votes generated for the shorted-listed videos.
Students participating in the secondary school challenge were asked to develop a video script, short story or comic on building virtues to cultivate good money management habits. In late March, an online training session was provided to 27 secondary school teachers to help them guide their students for the Challenge.
54 tertiary students formed nine teams for the IFEC Money Management Challenge and created social media feeds and videos to raise awareness of financial education among their peers. The teams met with a panel of judges in late March to report on their results, findings and learnings from the Challenge, and three winning teams were subsequently selected based on a set of criteria including the effectiveness of their social media feeds, creativity and level of financial education messages presented. The social media feeds reached 32,000 Facebook and Instagram users and generated over 8,300 likes.
Aside from the Money Management Challenge, a Facebook Live session was held during Global Money Week, featuring the winning team, who are also part of the IFEC Personal Finance Ambassador Programme here, and representatives from the IFEC and St. James’ Settlement, sharing money management ideas in today’s digital age. The Facebook session attracted 32,000 views.
On the social medial front, the IFEC partnered with stakeholders from both the private and public sectors to run social media campaigns during the Week, raising awareness of the importance of financial literacy among children, their parents and young people. Participating organisations include the Financial Services and the Treasury Bureau, Education Bureau, Hong Kong Police, The Boys' & Girls' Clubs Association of Hong Kong, Hong Kong Family Welfare Society, St. James’ Settlement, Hong Kong Institute of Certified Public Accountants, Prudence Foundation, and Prudential Hong Kong. The social media feeds received over 100,000 comments, shares, and likes from children, young people and adults alike.
In addition, the IFEC set up a portal page showcasing details of the above-mentioned activities, as well as resources appealing to children, their parents and young people. The webpage attracted over 1,700 page views as of 31 March 2021.
2019 China Global Money Week
LEADING ORGANISATIONS:
- Macau Institute of Financial Services (IFS), Macau University of Science and Technology (MUST)
- Shanghai Better Education Development Center
PARTICIPATING ORGANISATIONS:
- 9 Media Organisations, Adream, AIA Limited, Antang Central Primary School, Yuncheng District, Yunfu City, Guangdong Province, Bank of Communications, Beijing Jinsong Sanxiao, Beijing Tongxin Experimental School, Central Primary School of Gaofeng Street, Yuncheng District, Yunfu City, Guangdong Province, Central Primary School of Liu Lou Town, Xiangcheng County, Xuchang City, Henan Province, Central Primary School of Manchu Town, Ura Street, Longtan District, Jilin City, Central Primary School of Silou Town, Yuncheng District, Yunfu City, Guangdong Province, City University of Macau (CityU), Daquangou Central Primary School, Sunan County, Zhangye City, Gansu Province, Financial Intelligence Office (FIO), Fourth Primary School of Yima City, Sanmenxia, Henan Province, Fourth Primary School of Yunfu City, Guangdong Province, Institute of Financial Technologists of Asia Limited (IFTA), Luso International Banking, Macao Judiciary Police (PJ), Macao Polytechnic Institute (IPM), Macau Institute of Financial Services (IFS), Manulife (International), Monetary Authority of Macau (AMCM), Ningzhuang Central Primary School, Ziyun Town, Xiangcheng County, Xuchang City, Henan Province, Social Security Fund (FSS), Southern and Sansi Hometown Central Primary School, Xingtai City, Hebei Province, Tai Fung Bank, The Eighth Primary School of Yunfu City, Guangdong Province, The Hong Kong & Shanghai Banking Corp., The Hong Kong Institute of Bankers (HKIB), The Macau Association of Banks (ABM), The Macau Chinese Bank, The Macau Insurers Association (MIA), The Sixth Primary School of Yunfu City, Guangdong Province, The Third Primary School of Yunfu City, Guangdong Province, Tintou Town, Ningdu County, Ganzhou City, Jiangxi Province, Tonghui (International) School, Chengdu, Sichuan Province, University of Saint Joseph (USJ), Wanchun Primary School, Chengdu City, Sichuan Province, Xiaotian Daiyuan Teaching Point, Ningdu County, Ganzhou City, Jiangxi Province, Yi and Primary School of Jingyuan County, Baiyin City, Gansu Province, Zhonghua Building Primary School, Baogongmiao Township, Suiyang District, Shangqiu City, Henan Province
NUMBER OF CHILDREN REACHED DIRECTLY:
- 1 824
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 67 318
Shanghai Better Education Development Center
During Global Money Week 2019, the Shanghai Better Education Centre offered financial literacy awareness sessions to children, youth and adults. The sessions included a GMW Logo Design competition, street interviews, and financial survival games. The winners of the GMW Logo Design competition were selected via public voting on the Internet. Additionally, Better Education, together with Adream, offered financial workshops in 3 schools, based on the Aflatoun model. Finally, award ceremonies for an essay competition on financial matters were held in two regions.
Macau Institute of Financial Services (IFS)
GMW2019 marked the third consecutive year that Macau celebrated Global Money Week. The opening ceremony was hosted by the Macau University of Science and Technology (MUST), who co-organised the event, together with the Macau Institute of Financial Services (IFS). The activities organised included financial education seminars, visits to three governmental institutions, namely the Monetary Authority of Macao, Financial Office and the Macao Judiciary Police, and job shadowing five banks and insurance companies. The seminars were on matters such as FinTech, the functions of the central bank, and the role of the non-compulsory provident fund. Furthermore, entities from Hong Kong participated this year, to organise a FinTech seminar.
2018 China Global Money Week
LEADING ORGANISATIONS:
- Lin'an Yongjia Investment Consulting Company
- Macau Institute of Financial Services (IFS), City University of Macau (City U)
- Sesame Workshop
- Shanghai Better Education Development Center
PARTICIPATING ORGANISATIONS:
- Banco Comercial de Macau (BCM), Banco Delta Asia, Banco Nacional Ultramarino (BNU), Bank of China (BoC), Bank of Communications of China, Changhzou Spring Public Service Center, Dalian Cheng Guo Social Work Center, Financial Intelligence Office (FIO), Guandong Yuanfang Finance Education Team, Hangzhou Rain and Dew Social Work Service Center, Harbin Youth Social Work Center, ICBC, Institute of European Studies of Macau (IEEM), Jiaxing Pick Up Start Teenager Social Work Center, Judiciary Police of Macau, Kunshan Golden Cradle Child Health Care, Luso International Bank, Macao Polytechnic Institute (MPI), Macau Chinese Bank, Macau University of Science and Technology (MUST), Monetary Authority of Macau (AMCM), Nanjing Collaborators Community Development Center, Northeast Normal University, Our Lady of Fatima School, Portuguese School of Macau (EPM), S. João de Brito Middle School, Sesame Workshop local teams in Bangladesh, Brazil, China, India and United States, Shanghai Fuyuan Social Work Center, Shanghai Loving Homes Community Youth Volunteer Association, Social Security Fund (Macau), Suzhou Qidian Social Work Service Center, Suzhou Yijiale Service Center, Tai Fung Bank, The Macau Association of Banks (ABM), The Macau Insurers Association (MIA), University of Macau (UM), University of Saint Joseph (USJ), Well Link Ban, Wing Long Bank, Wuhan Mr Bi Campus Employment Guidance Center, Wuxi Dresdner Development of Public Cultural Center, Xi'an Kaiyuan Investment Education School, Xin Hua School, Yijinhuoluogi Family Center, Shanxi GDS, Yongjia Investment Consulting Company Headquarter, Yongjia Investment Hubei, Yongjia Investment Shandong Branch, Yongjia Investment Sichuan, Yunnan Heart to Heart Community Care, Zhaoyuan Linkage Development Services Center of Social Organisations, 5 community pavilions, 68 schools
NUMBER OF CHILDREN REACHED DIRECTLY:
- 37 552
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 83 918
Shanghai Better Education Development Center
Throughout Global Money Week 2018, the Better Center, along with its partners reached 29,086 children and youth through competitions, games, online lectures, visits, investigations, and videos. During the GMW 2018, Financial Literacy Awareness sessions were offered for children, youth and for adults this included sessions for finance courses, employment project preaching. The Center organised “happy chicken” financial board games, reading, lucky money interview, and a shopping trip in the primary schools. Additionally, The Center organised online courses to help them solve some problems about class management. Furthermore, The Center designed a “10rmb”survival challenge for children in the community and took them to visit some financial institutions, such as local banks and museums to learn more about money. Finally, the Center conducted research on rural youth employment needs and their current circumstances.
Sesame Workshop
Global Money Week, an initiative of Child & Youth Financial International, one of Dream, Save, Do’s global advisory partners, is an annual financial awareness campaign built to inspire children and young people to learn about money matters, livelihoods and entrepreneurship. These themes closely align with Dream, Save, Do and so felt the Week provided a wonderful opportunity to promote their work. In preparation for Global Money Week, Sesame Workshop created and sent out a social media guide with sample posts and hashtags to all our local Dream, Save, Do production teams. Sesame Workshop China generated a post about saving, spending, and sharing for Global Money Week. The post was distributed via Sesame China WeChat channel on 15 March. There was a total of 4,200 views and 60 likes. Sesame Workshop also coordinated events with local teams in Bangladesh, Brazil, India and the United States.
Lin'an Yongjia Investment Consulting Company
During Global Money Week 2018, the Yongjia Investment Consulting Company, along with its partners, reached more than 6000 children and youth. The company organised a range of events, including games, seminars and visits to universities and corporate companies. Yongjia Investment updated its website and app and opened its Finance Education School to the public, ensuring young people received the necessary financial education. The company opened an online course for financial education, targeting children below the age of 12. More than 100 youth registered for the course during the Week, with numbers continuing to increase in the following days.
Macau Institute of Financial Services (IFS)
GMW2018 was the second consecutive year for Macau to celebrate Global Money Week (GMW), under the leadership of the Macau Institute of Financial Services (IFS). The opening ceremony took place on 12 March and was hosted by the City University of Macau. Throughout the Week, GMW activities involved more than 2,000 children and youth, through visits to the Monetary Authority of Macau, Judiciary Police and a major bank in Macau. Children also participated in seminars and job shadowing in eleven bank branches. A drawing competition was also organised for the children. The seminars covered a wide range of topics, including “The Importance of Saving Money”, the functions of the local central bank and commercial banks, fighting financial fraud and the role of the central provident fund.
2017 China Global Money Week
LEADING ORGANISATIONS:
- Macau Institute of Financial Services
- Shanghai Better Education Development Center
- Yongjia Investment Consulting Company
PARTICIPATING ORGANISATIONS:
- Shanghai Banking Association
- Monetary Authority of Macau
- Financial Intelligence Office – Macau
- The Macau Association of Banks
- China Education Innovation Institute of Beijing Normal University (BNU)
- Shanghai Pudong Financial Services Bureau
- Shanghai Pudong Education Bureau
- Shanghai Minhang Education Bureau
- Puyang Education Bureau
- Yunfu Education Bureau
- Dalian Education Bureau
- Tianjin Education Bureau
- Sichuan Education Bureau
- Education Bureau
- Jinhua Education Bureau
- Plan China
- Shanghai Vibrant Communities
- Nanjing Radish Child-caring Center
- Qingdao You and ME
- Chuangyi Social Work Serving Center
- Shanghai Grassroots Community
- Jiangmen Pengjiang Social Work Association
- JZDD
- Northeast Normal University
- Shandong Jianzhu University
- Tongji University
- Qushan Primary School
- 79 schools from Shanghai, Beijing, Suzhou, Guangzhou, Chengdu, Guiyang, Shenzhen, Hangzhou, Jinhua, Hefei, Changzhou, Nanjing, Guangnan.
- Yongjia Investment Consulting Company’s branches in the provinces of Guangdong, Jilin, Hainan ,Hubei , Shandong, Shanghai, Shanxi, Sichuan
- Medias including Xinhuanet,Esteday.com, SOHU.com, Ce.cn, CBN, and Jrj.com
NUMBER OF CHILDREN REACHED DIRECTLY:
- 126,638
NUMBER OF CHILDREN REACHED INDIRECTLY:
- 143,700
GMW2017 was celebrated once again in China with three institutions taking the lead in promoting child financial literacy. Shanghai Better Education Center (Be Better) and the Yongjia Investment Consulting Company led the celebrations in Mainland China, while the Macau Institute of Financial Services (MIFS) took the lead in celebrating GMW2017 in Macau.
During GMW2017, Be Better’s financial literacy awareness sessions were offered for children, youth and adults, including sessions on personal finance and employment. Be Better also organised its “Magic Rabbit” financial games and Money Box Challenge for school children. Impressively, Be Better also carried out their annual money research in 49 primary schools in China during GMW2017. Additionally, teachers took the children to visit the central bank and the currency museum. Be Better also organised online courses and offline sessions specifically for parents and teachers.
Additionally, Yongjia organised financial education workshops, lectures, games and a speech competition, as well as visits to schools, universities and corporate companies. The company also updated its online financial education community (www.icaihu.com.cn/) during GMW2017, which attracted more young people to receive financial education at different levels.
During the Week, the Yongjia Financial Education School held an opening ceremony enrolling 15 years old youth. The school specializes in financial education and investment in China, and exposed potential career paths as financial education teachers or investment experts to the participants. Paired with this initiative, Yongjia also launched its WeChat App on financial education in the style of cartoon stories during GMW2017.
In line with the various community-level initiatives, a number of high-level discussions, seminars and other educational sessions were organised by Be Better. The activities attracted people from the financial sector, the education sector and the public sector. Educational sessions included discussions on the potential to create online courses to help teachers, parents, and educators addressed the relevant various issues involved in teaching financial literacy and education to children.
2017 was also the first time that GMW was celebrated in Macau, an unforgettable experience for everyone involved – kids, teenagers, teachers and staff of the participating organisations.
The Opening Ceremony of GMW2017 took place on March 27, and was hosted by the University of Macau. The university also held the Opening Ceremony of its Currency Museum on the same day, just one hour after the kick-off ceremony of GMW. Throughout the Week, Macau Institute of Financial Services (IFS), along with 24 partners, directly reached more than 1600 children and youth, through visits to universities, tours at the Monetary Authority of Macau, learning sessions at the Currency Museum and experiential trips to trading rooms. GMW activities in Macau also included seminars, job shadowing in seven banks, the Day of Finance and Business Economics in one university and a drawing competition. Seminars also covered a wide range of topics including: how to save money, the functions of the local central bank and commercial banks and the importance of the global alliance on Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT).
Furthermore, four days before the start of GMW2017, the Macau Institute of Financial Services and participating organisations held a press conference with local media agencies.
2016 China Money Week
LEADING ORGANISATIONS:
PARTICIPATING ORGANISATIONS:
- Aflatoun
DATE OF THE EVENT:
- 14th – 20th of March
TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:
- 11 452
Global Money Week 2016 was celebrated in China with the Shanghai Better Education Development Center "Be Better" leading within the country. The celebrations included multiple types of activities such as in-class lessons, fun and interactive games, creating of their own money boxes and implementation of various club activities following the Aflatoun programme.
Be Better China, together with Aflatoun, conducted key activities, reaching 24 schools within the week. The activities targeted children in order to grow and strengthen daily habits, especially their attitude towards saving, spending, and self-awareness. Additionally, Be Better China further expanded its reach this year by implementing a plethora of activities to six cities in China: Beijing, Shanghai, Shenzhen, Chengdu, Guiyang, and Suzhou. In each of these activities and cities, the goal was to influence and teach kids, teachers and parents about how they can approach money and resources more responsibly in their daily lives. However, more than this, Be Better also wanted to emphasize to participants the importance of thinking both of their present and future finances.
One of the unique activities spearheaded by Be Better this year was teaching kids about the concept of an Auction Center. Be Better organised an auction in Beijing Aflatoun Center. The children were so excited to take part at the auction, making bids on things with their “Alfatoun money” while auctioning off their own belongings. At the beginning of the auction, children were going through their Aflatoun money very quickly in making bids. Eventually, they learnt how to mark-up prices with the auction paddles at the auction. The auction gave the children an understanding of how to use their money in a proper way in an auction setting.
In ZhuQiao primary school, Be Better organised family survival challenge games with the children. The games helped the children to understand the difficulty of earning money and to start thinking about the concept of saving and spending properly for the future. The game helped them to realize that they may face accidents or unexpected financial costs, emphasizing the importance of reducing risks through the accumulation of assets or buying insurance. The game also helps them to understand the importance of taking part in community activities and interact with people around them.
2015 China Money Week
PARTICIPANTS:
- Be Better
- Citi Bank China
- One-Yuan Foundation
DATE OF THE EVENT:
- 9th – 17th of March
NUMBER OF CHILDREN REACHED:
- 9 646
Under the leadership of Be Better China, the Global Money Week 2015 celebrations in China witnessed a huge success by reaching to almost 10,000 children through various programs conducted during all the days of the week.
Be Better China partnered with Aflatoun to conduct key activities. Together they were able to reach 23 schools, 356 teachers, 25 parents, and 3670 children from Shanghai, Changzhou, Nanjing, Hefei, and Huishui of the Guizhou province. The key goal of the activities was for the young Chinese to cultivate good habits in their daily life to achieve happiness, which includes components of better self-awareness and learning the importance of saving. This they learnt to do by first setting clear goals, identifying the steps they needed to take to achieve these goals, and finding facilitators and methods to motivate them to pursue these goals.
During this period, Be Better also taught kids how to manage their pocket money. Through the Aflatoun Association, Aflatoun kids Autonomous Center, Aflatoun Changing Bank, and the One-Yuan Foundation, kids, teachers and parents learnt how to deal with money and make it useful in their daily lives. More importantly, they also learnt to build their future finances. The whole array of activities focused on kids and their teachers and parents, teaching them how to plan their future.
A questionnaire-based activity to facilitate discussions about pocket money was also conducted during the week. In the questionnaire, the children were asked questions such as the amount of money they received during Chinese New Year, how they plan to spend it, and how they could grow that money. About 2000 students from 17 schools in Shanghai, Jiangsu province, Sichuan province, Anhui province and Guizhou province participated in the survey. The activity facilitated good discussions.
On 10 March, One Yuan Charity collected 1 Yuan from 1976 children towards the welfare of the vulnerable groups in China.
All throughout the Global Money Week, Be Better ensured that there was focus on the messages of “The habit of saving” and balancing it with good “consumption” or spending that takes into account “people, price, and product”. Through this, Be Better aimed to create more responsible savers and spenders who think not only about themselves, but also about their communities.
Be Better also organised a survival game and a parent-child finance event structured to promote the importance of making a budget to manage their money for their family. A recruitment drive for the Aflatoun Bank at Wujin Tsing Ying Foreign Language School was also conducted. The drive received about 2000 students, a big step in furthering social and financial education in their communities.
2014 China Money Week
PARTICIPANTS:
DATE OF THE EVENT:
- 10th – 16th of March
NUMBER OF CHILDREN REACHED:
- 250
Be Better and Citi Bank China co-organised Global Money Week 2014 in China. Children and youth between ages 10-17 years participated in exciting activities such as team survival games on financial topics, bank visits at Citi, workshops on money matters and other social topics.
40 students from Nanjing Yangzi Primary School received an in-depth class which followed the Aflatoun curriculum to learn the value of money through team learning exercises. “The Trip of Money” involved 20 primary students between 10-13 years of age, visiting a Citi Bank branch in Beijing to give the participants a brief idea on banks and savings. A workshop on social rights involved 30 college students from Xinwei College, with the aim to teach the students money and social innovations skills. A saving and spending workshop took place at Shanghai Qunxing Vocational school and involved 70 students between 15 and 17 years of age.
A “Free change, really?“ class took place at an Aflatoun learning experience center in Beijing and involved 20 students in the age range of 6-12 years. The class is designed to help the participants learn the truth of free products and services. A “How to Make an Aflatoun Box” class took place in Shanghai Tandog Community Center, and involved teaching 20 primary students how to make and use an Aflatoun Box to satisfy their wishes.
An interactive discussion involved 25 participants from around Shanghai focusing on the subjects such as how to choose a college, how to plan for their future, career planning and how the BeBetter programme can improve their decision making in regards to all aspects of their life, including the financial aspects.
2013 China Money Week
NAME OF THE ORGANISING ENTITY:
- Better Education Organisation (NGO)
PARTNER:
- Social Development Bureau of Yanjjang District
DATE OF THE EVENT:
- 15th - 21st of March
NUMBER OF CHILDREN REACHED:
- 5 021
In China, Global Money Week was celebrated along with Aflatoun week. The event was marked by the participation of ten schools and community centers who organised events and activities during the week.
Children and youth had the opportunity to visit various financial institutions like banks and money museums. Through these practical activities, children were encouraged to receive more knowledge on economy. Students from the participating schools could understand the significance of managing money by the creation of drawings, cartoons and role-plays.
Research-group activities were organised where children could understand the usage of money through comparison of prices of the same stationery in different outlets such as markets and stationery shops. Children could also learn how to manage money in everyday life by learning strategies on bargaining and negotiation of prices.
