2024 Sweden Global Money Week
GMW NATIONAL COORDINATOR:
- Swedish Financial Supervisory Authority( Finansinspektionen)
PARTICIPATING ORGANISATIONS:
-
Swedish Financial Supervisory Authority, The Swedish Internet Foundation, The Swedish Police Authority, Swedish bankers association, Swedish Young Shareholders' Association, Ung Privatekonomi, The Economy Museum – the Royal Coin Cabinet, Swedish Investment Fund Association, Swedbank and Sparbankerna
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 10
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 10 423
NUMBER OF ADULTS REACHED DIRECTLY:
- 769 918
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 2 300 000
The Swedish financial supervisory authority carried out a campaign together with the Swedish Internet Foundation and the Swedish Police Authority to draw attention to the risks of financial frauds being directed at children on various online gaming platforms. The campaign was communicated through ads on Facebook and Instagram, mainly directed at parents of children of age 6 to 13 years. The campaign created a high interest and engagement of the public and resulted in a reach of 583 850 users. The campaign also received a lot of media attention and the issue of frauds on online gaming platforms directed at children was a topic for several national newspapers and tv-channels even during the weeks after GMW.
Several lectures were also held during the week in schools all over Sweden by NGOs and financial institutions.
2023 Sweden Global Money Week
GMW NATIONAL COORDINATOR:
- Swedish Financial Supervisory Authority( Finansinspektionen)
PARTICIPATING ORGANISATIONS:
- Swedish Financial Supervisory Authority, The National Food Administration, Swedish Young Shareholders' Association, Swedish Securities Markets Association, The Economy Museum – the Royal Coin Cabinet, Swedish Investment Fund Association, Swedbank and Sparbankerna, Nordea, Ung Privatekonomi
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 9
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 13 087
NUMBER OF ADULTS REACHED DIRECTLY:
- 450
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 1 164 000
During GMW 2023 an initiative directed towards parents was developed. This involved releasing an article and a list containing several tips or suggestions on how to talk about money with children as a parent. The list was also communicated through an animated movie and posts on social media. A national Money Quiz was organised for secondary schools by the Swedish Bankers’ Association, several online lectures were organised for pupils and multiple social media campaigns were spread to children, young people and adults. Many of the lectures about personal finance are available for schools all year round since financial education is an ongoing project as it is part of the school curriculum from the first grade in Sweden. A digital seminar for young people about pensions was also organised and a podcast episode regarding personal finances was released during the week. Many of the participating organisations also communicated the school materials available for teachers on their websites during the week.
2022 Sweden Global Money Week
GMW NATIONAL COORDINATOR:
- Swedish Financial Supervisory Authority( Finansinspektionen)
PARTICIPATING ORGANISATIONS:
- The National Food Administration, The Swedish Enforcement Authority, Swedish Young Shareholders' Association, Swedish Securities Markets Association, The Swedish Consumers' Banking and Finance Bureau, Swedish Consumers' Insurance Bureau, Swedbank, Nordea, Ung Privatekonomi
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 10
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 40,157
NUMBER OF ADULTS REACHED DIRECTLY:
- 35,000
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 1,700,000
During Global Money Week 2022, a worldwide campaign called Svinnrik (“Waste rich”) was launched, a series of educational content directed towards teachers with the purpose of teaching students about financial savings while reducing food waste. This was a collaboration between the Swedish Financial Supervision Authority and the Swedish Food agency to highlight the subject of sustainable finances as well as sustainable food consumption and what effects this can have both regarding climate change and our personal finances. The content released consisted of educational videos, home assignments, classroom challenges, and different learning assignments. All resources were made available for teachers to use when they talk financial savings and food waste with students in schools. Even before the initiative was launched teachers from more than 300 schools around Sweden had registered their interest to be part of the campaign.
A national Money Quiz was organised for secondary schools by the Swedish Bankers’ Association, several online lectures were held for students. Multiple social media campaigns were held for children, young people and adults. Many of the lectures about personal finance are available for schools all year round since financial education is an ongoing project as it is part of the school curriculum from the first grade in Sweden.
2021 Sweden Global Money Week
GMW NATIONAL COORDINATOR:
- Finansinspektionen - Financial Supervisory Authority Sweden
PARTICIPATING ORGANISATIONS:
- Finansinspektionen (Sweden's financial supervisory authority), The Economy Museum – the Royal Coin Cabinet, Swedish Bankers Association, Ung Privatekonomi (Youth Personal Finances), Unga Aktiesparare (Youth Investors), Swedbank and Sparbankerna, Kronofogden (The Enforcement Authority), Nordea and Gilla din ekonomi (Like your finances)
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 10
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 5,600
NUMBER OF ADULTS REACHED DIRECTLY:
- 40
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 214,000
During Global Money Week 2021, Pengalabbet (The Money Laboratory) was launched. It is an online educational game for children about everyday economics by the Economic Museum and the Swedish Financial Supervisory Authority. The website is available all year round for teachers and parents to use when they talk money with children at school or at home.
A national Money Quiz was organised for secondary schools by the Swedish Bankers’ Association, several online lectures were held for students, and multiple social media campaigns were shared. Many of the lectures about personal finance are available for schools all year round since financial education is an ongoing project as it is part of the school curriculum from the first grade in Sweden.
2019 Sweden Global Money Week
LEADING ORGANISATIONS:
- Finansinspektionen - Financial Supervisory Authority Sweden
PARTICIPATING ORGANISATIONS:
- Alecta, Gilla Din Ekonomi (Like Your Finances), Gimi, Halmstad City Library and Bibliotekspodden (the Library podcast), Halmstad kommun (Halmstad Municipality), KPA pension, Nordea, SACO studentråd, Swedbank and Sparbankerna, Swedish Bankers Association, Swedish Fund Association, Ung Privatekonomi (Youth Personal Finances), Unga Aktiesparare (Youth Investors)
NUMBER OF CHILDREN REACHED DIRECTLY:
- 5 020
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 293 480
Finansinspektionen - Financial Supervisory Authority Sweden
For Global Money Week, the Financial Supervisory Authority Sweden made an increased effort to highlight the Campaign for specific target groups. A National Money Quiz was organised for secondary schools by the Swedish Bankers’ Association. Ung Privatekonomi (Youth Personal Finances) and Swedish Fund released a report during the Week, focusing on the financial knowledge of secondary school students and their approach towards money. During the Week, several lectures were organised by banks and Junior Achievement Sweden. Additionally, a petition for children was published on social media. The petition, titled “We must talk about money” featured short films, targeting different age groups. Public readings for kindergartners were organised in libraries, where the children learnt about allowance. Parents participated as well, by making a podcast on debt and children’s books about money. Swedbank and Sparbankerna gave tips on the different ways to talk to children about money.
2018 Sweden Global Money Week
LEADING ORGANISATIONS:
- Finansinspektionen (Financial Supervisory Authority)
PARTICIPATING ORGANISATIONS:
- Ekonomipejl, Ekonomismart, Expressen, Halmstad bibliotek, Halmstad Kommun, Ica Banken, Ikano Bank, Kronofogden, Kungliga Myntkabinettet, Länsförsäkringar, Motala bibliotek, Nasdaq, Nordea, Roslagens Sparbank, SBAB, Storvreta Bibliotek, Svenska Bankföreningen, Swedbank, Ung Ekonomi, Ung Privatekonomi, Unga Aktiesparare, Uppsala Kommun
NUMBER OF CHILDREN REACHED DIRECTLY:
- 9 681
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 580 000
Finansinspektionen (Financial Supervisory Authority)
In Sweden, financial education is an ongoing project as it is part of the school curriculum from the first grade onwards. Many activities are organised throughout the year to raise children's and young people's knowledge in private economics. Throughout Global Money Week 2018, children and youth were reached through lectures, social media and the “Money Quiz” competition. “Money Quiz” was a competition organised by the Swedish Bankers’ Association, in which 1,000 students between the ages of 13 and 15 participated. For younger children there were activities in libraries and an app about budget was made available. At upper secondary schools, another competition was arranged by Kronofogden, the Swedish Enforcement Authority. Other initiatives were conducted throughout the duration of Global Money Week 2018. Unga Aktiesparare created a podcast about savings that reached about 3,800 young Swedes. Financial literacy awareness sessions were offered for children and youth in schools in the whole of Sweden. Many of the lectures about personal finance are available for schools all year round. Additionally, Expressen, one of the largest newspapers in Sweden, opened a public chat online, where questions about personal finances could be answered by eight different economists during the week.
2017 Sweden Global Money Week
LEADING ORGANISATION:
PARTICIPATING ORGANISATIONS:
- Nasdaq
- Kungliga Myntkabinettet
- Sveriges Elevkårer
- Unga Aktiesparare
- Ung Ekonomi
- Swedbank
- Nordea
- Ung Privatekonomi
- Härnösands gymnasium
- Solna gymnasium
- Hersby gymnasium
- Konsument Halmstad
- Halmstad Stadsbibliotek
- Europa Direkt Halland
- Expressen/Dina pengar
- SBAB
- Ikano Bank
- SEB
- Länsförsäkringar
- ICA Banken
- Bankers’ Association
- Gilla Din Ekonomi
- Ekonomipejl
- Jensen gymnasium Uppsala
NUMBER OF CHILDREN REACHED DIRECTLY:
- 5 577
NUMBER OF CHILDREN REACHED INDIRECTLY:
- 51 017
Throughout the Global Money Week 2017, children and youth were reached through lectures, social media and the competition Money Week Challenge. The nationwide competition about personal finance and savings based on the theme “Learn Save Earn”. To participate in the competition the teacher must have booked an inspirational lecture about personal finances by Ung Privatekonomi or Ung Ekonomi. The lecture is free of charge and so was entering the competition. Schools that participated worked on their contribution before the GMW and sent it through YouTube. The final of the competition was held in Stockholm were eight finalist groups pitched their contribution, 100 students attended the final. The winning class received a cup and their class photo published in Times Square, New York. The competition was arranged by Finansinspektionen, Ung Privatekonomi, Ung Ekonomi, Unga Aktiesparare, Sveriges Elevkårer, Nasdaq and the Royal Coin Cabinett.
Other initiatives were made throughout the Global Money Week 2017. Unga Aktiesparare sent a podcast about savings that reached approximately 40 000 young swedes.
Financial literacy awareness sessions were offered for children and youth in schools in whole of Sweden. The lectures were arranged by the organisations Ung Privatekonomi, Ung Ekonomi (Swedbank), Ekonomismart and Ekonomipejl (Nordea). They all have lectures about personal finance at high schools all year round.
Bankers’ Association and the private economists of 8 banks arranged a seminar for those who teach children about personal finance all year round.
Additionally, Expressen that is one of the largest newspapers in Sweden opened up for a public chat online, where questions about personal finances could be answered by eight different economists during the week. Also an economist from Swedbank appeared on both national television and radio to talk about young people and personal finances. No statistics available for the additional activities.
2016 Sweden Global Money Week
LEADING ORGANISATION:
PARTICIPATING ORGANISATIONS:
- Ung Privatekonomi
- Swedbank/ Ung Ekonomi
- The Royal Coin Cabinet
- Sveriges Elevkårer
- Ministry of finance
- SBAB
- The Swedish Bankers´ association
DATE OF THE EVENT:
- 14th - 21th of March
TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:
- 23 605
TOTAL INDIRECT REACHED:
- 21 420
In Sweden, financial education is an ongoing agenda item as financial education is part of the school curriculum from the first grade. Several organisations visited schools “on demand” and, this year, Sweden launched a map for teachers and others to make it even easier to find a guest teacher on financial education.
Global Money Week in Sweden kicked off with a round table discussion organised by the banks and the Swedish Bankers’ Association at the Royal Coin Cabinet. The discussion subject was: do young people leaving school, moving from home, have sufficient knowledge about personal finance to be able to make the right decisions and avoid ending up in debt? Panel participants included the Minister for Financial Markets and Consumer Affairs, Per Bolund, private economists from the bank and high profile representatives from the Financial Supervisory Authority, the Swedish Enforcement Authority, the Consumer Agency, the Swedish National Agency for Education, the Organisation for Municipal budget and debt advisers and, of course, students. The moderator was the well-known media personality Staffan Dopping. The aim of the panel was to take a common step forward: Who does what, what can be improved and how do we communicate personal finance matters in a way that is engaging for students?
The Global Money Week challenge was a new competition for high school students starting on a small scale for GMW2016. There was a round table discussion, an event for small children at The Royal Coin Cabinet and several visits to schools. Furthermore, Ung Privatekonom and Ung Ekonomi educate in high schools around Sweden as an on-going endeavour, but the expected youth participants joined only throughout 14 - 18 March as part of the GMW celebrations. SBAB also invited students to their office for Global Money Week.
2015 Sweden Global Money Week
LEADING ORGANISATIONS:
- Nasdaq Stockholm Stock Exchange (Stockholm)
- Global Child Forum
- Ministry for Financial Markets and Consumer Affair
- Swedbank
- Unga Aktiesparare (the Young Shareholders Association)
DATE OF THE EVENT:
- 11th of March
NUMBER OF CHILDREN REACHED:
- 40
On 11th of March, the Swedish Minister for Financial Markets and Consumer Affairs marked the celebrations of Global Money Week in Sweden by leading the ‘ringing of the bell’ ceremony to open the day’s trading at NASDAQ Stockholm. Leading Swedish organisations supporting children’s rights, financial education and youth entrepreneurship, like Global Child Forum and Swedbank also joined around 40 youth and young entrepreneurs at the ceremony.
2014 Sweden Global Money Week
PARTICIPANTS:
DATE OF THE EVENT:
- 12th of March
The President of NASDAX OMX Stockholm welcomed participants to join the ‘ringing of the bell’ ceremony in Stockholm, in commending the Global Money Week Initiative and goals of the child and youth finance Movement. A representative of the CYFI Secretariat updated participants on the activities and participation of organisations around the world in Global Money Week. He highlighted the tremendous growth in participation of Global Money Week since its launch in 2012. A Global Child Forum representative commended the initiative and shared the Forum’s interest in promoting and supporting youth entrepreneurship. The Sweden Postkodlotteriet, shared details of the support that the Novamedia Group provides to charity organisations dedicated to the protection and development of young people. The bell rang sharply at the opening of the market to applause of the other participants from the Swedish Financial Supervisory Authority (FI), the Swedish Bankers Association, and Unga Aktiesparare (the Young Shareholders Association).