2024 Slovakia Global Money Week
GMW NATIONAL COORDINATOR:
- National Bank of Slovakia
PARTICIPATING ORGANISATIONS:
- National Bank of Slovakia (NBS), The NBS Foundation, FinQ Centrum n.o., Museum of Coins and Medals in Kremnica, The NBS Institute of Banking Education, n. o., 112 primary schools, 52 secondary schools, 3 universities and 9 kindergartens, Junior Achievement Slovensko, n.o., The State Institute of Vocational Education (ŠIOV), The Slovak Banking Association, The Association of Pensions Founds Management Companies, The Slovak Insurance Association, The Payment Card Association, The Representation of the European Commission in Slovakia, Cesta von n.o., The Duke of Edinburgh’s International Award Slovakia, Združenie FÉNIX n.o, Vaša charita n.o., Mladý podnikavec, OVB Charity & CSR Slovakia n.o., ABCedu, MAFRA media group - BRA!NEE, BezAgenta.online s.r.o., Cyber Security Competence and Certifcation Centre, Radio and Television of Slovakia (RTVS), IAD Investments, Tatra banka, Tatra Asset Management, NN Slovensko, TOWER Finance a.s., Svetlo Zariadenie sociálnych služieb Olichov, EDUAWEN EUROPE s.r.o. List of all participating organisations is available at: https://5penazi.sk/pre-skoly/global-money-week/
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 205
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 25 000
NUMBER OF ADULTS REACHED DIRECTLY:
- 6 100
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 950 000
During Global Money Week, activities for children, young people and adults took place all over Slovakia. As the national coordinator, the National Bank of Slovakia invited all schools, financial education partners and media partners to participate in the event. A record 205 partners took up the opportunity to prepare their own activities for GMW, including nine kindergartens, 109 primary schools, 52 secondary schools, 3 universities, and 32 organisations from the financial, media and not-for-profit sectors. More than 25,000 children and young people and over 6,100 adults participated directly in GMW educational activities. Schools organised special activities targeted at children from marginalised groups, focusing on practical issues that they have to handle within their families.
Thanks to the NBS’s strong online campaign, support from media partners (in particular the RTVS public radio and television broadcaster, but also regional television stations and magazines), and other partners’ social media postings, more than 5.2 million online views were recorded and around 950,000 people were reached indirectly. Financial sector partners used their databases to inform their customers about GMW and provide practical advice on money protection. Throughout the week, listeners of Slovak Radio were able to improve their money-related knowledge through interviews with experts on a number of topics.
The NBS itself organised a variety of activities for the whole GMW. Trainers in four education canters welcomed a total of 465 pupils, guiding them through 16 experiential training sessions on the topics of income and work, money, financial planning, and budgeting. Trainers also visited schools directly. In addition, NBS presented two new educational tools for first and second grade primary schoolchildren. For NBS education partners, NBS prepared a discussion workshop that, among other things, allowed people from different organisations to explore new connections and exchange experiences. On Friday 22 March, during GMW, the NBS hosted at its headquarters the final of Slovakia’s national competition under the ECB’s Generation €uro Students’ Award. A total of 2189 students took part in the competition.
A new element in the 2023 GMW was an NBS-organised competition for the best GMW activity for primary and secondary schools. Altogether 135 schools took part in the competition, and for the 20 that earned the highest scores from its evaluators, the NBS awarded prizes worth a total of €3,000.
Other GMW activities that took place in Slovakia include daily broadcasts on Slovak Radio, quizzes and competitions for the public, quiz on online security (Cyber Security Competence and Certification Centre and www.brainee.sk), ako sa vyznáte v poistení (How well do you know insurance) (Slovak Insurance Association), preventing digital payment fraud competition (by Payment Card Association), reč peňazí (Money Talk) - online course in the form of a quiz (by Nadácia NN ľuďom foundation and NBS) and many more.
2023 Slovakia Global Money Week
GMW NATIONAL COORDINATOR:
- National Bank of Slovakia
PARTICIPATING ORGANISATIONS:
- NBS Foundation, FinQ Centrum, n. o., The Slovenská sporiteľňa Foundation, n. o., Institute of Banking Education of the National Bank of Slovakia, n. o., Museum of Coins and Medals, INESS - Institute of Economic and Social Studies, Slovak Banking Association, Association of Asset Management Companies, Association of Security Dealers, Association of Financial Agents and Advisers, CFA Society Slovakia, EDULAB, n. o., EFC - Education & Finance Center, The Duke of Edingurgh´s International Award Slovakia, Indícia, n. o., Projekt DOM.ov, ABCedu pre vzdelanie, Centrum pre deti a rodiny Hriňová, Domov Sv. Jána z Boha, Projekt Finbot, OZ Šetríme peniaze, BV Finance, s. r. o., Finančný lekár, University of Economics in Bratislava, 30 High Schools, 37 Primary Schools. The List of all participating organisations: https://5penazi.sk/global-money-week-2023/
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 84
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 8 400
NUMBER OF ADULTS REACHED DIRECTLY:
- 6 300
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 400 000
The 11th annual Global Money Week edition took place in Slovakia mainly through direct and online activities. During March 20 - 26th, the National Bank of Slovakia (NBS) and many participating organisations dedicated a series of events to the GMW 2023 theme "Plan your money, plant your future". Children and young people were involved with learning financial literacy skills to build financial resilience. GMW2023 in Slovakia also included an intensive online media campaign from NBS on TV, social media (Instagram, Facebook) and web. During GMW 2023, the NBS published a number of articles on their 5penazi.sk website (https://5penazi.sk/). These focused on various thematic areas of financial education for children, pupils, students and the adult population.Many financial literacy trainers gave online or in person financial education sessions for 405 high school students throughout the week. During these 3-hour online classes, they taught the difference between gross and net pay, what the risk is if you do not save for unexpected situations and a number of other interesting facts on the topic of job and money. They also tried to prepare students to make financial decisions that match their home budget. High school students also visited the permanent exhibition at the NBS, from the Slovak Koruna to the Euro. On March 24th, the NBS organised the national finals of the international Generation €uro competition, in which five teams from high schools competed. They presented on the topic "Money in 2050".The NBS prepared a financial quiz. As many as 839 contestants completed the quiz. However, more than half could not answer the question about the amount of the fee for early repayment of a consumer loan. Others were also troubled by the question of prudent behaviour in the case of fraudulent offers. More than 15% of respondents would not know how to proceed properly if they receive a fraudulent email. On the contrary, the questions regarding net and gross wages and the reserve creation received the most correct answers.Various activities were carried out at the participating schools. Several teachers decided to fill in a financial quiz with students or prepared presentations and games for the students on various money themes. The most common were budgeting, jobs and wages or financial planning. Some schools looked at education from a different angle. For example, the primary school in Dolné Orešany invented its own currency and tried to make shopping, calculating discounts and converting own currency to €.Among the organisations involved in GMW 2023 was the Duke of Edinburgh's International Award Slovakia, which prepared a discussion with teachers about financial literacy. Activities were also organised by Finbot, the Association of Securities Dealers, INESS - Institute of Economic and Social Analysis, Slovak Banking Association, Slovak Association of Asset Management Companies and CFA Society Slovakia. The non-profit Edulab participated in GMW with an activity called "Phenomena of the World".
2022 Slovakia Global Money Week
GMW NATIONAL COORDINATOR:
- National Bank of Slovakia
PARTICIPATING ORGANISATIONS:
- Institute of Banking Education of the National Bank of Slovakia, n. o., Museum of Coins and Medals, schools
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 6
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 565
NUMBER OF ADULTS REACHED DIRECTLY:
- 361
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 75,671
The 10th annual Global Money Week took place in Slovakia mainly through online activities. During March 21-27, a series of events were dedicated to the GMW2022 theme of "Build Your Future, Be Smart about Money". Children and young people were involved with learning financial literacy skills to build financial resilience.
Slovakia became actively involved in Global Money Week through the work of National Bank of Slovakia and its five money projects. Many financial literacy trainers gave online financial education sessions for 63 high school students throughout the week. During these 3-hour online classes, they taught the difference between gross and net pay, what the risk is if you do not save for unexpected situations and a number of other interesting facts on the topic of work and money. They also tried to prepare students to make financial decisions that match their home budget. 30 high school students visited the permanent exhibition at the NBS: From the Slovak Koruna to the Euro. An InfoSWAP event was prepared for university students, where 75 students shared knowledge from the financial and non-financial world. On March 25, the NBS organised the national finals of the international Generation €uro competition, in which five teams from secondary schools competed. They presented on the topic of "When is inflation low, when is it too high and what does it actually mean?"
Global Money Week 2022 in Slovakia also included an intensive campaign for a series of short animated videos from 5peniažka. This animated miniseries of videos illustrates well-known fairy tales and presents various financial topics and life situations in the modern world of finance. The NBS also prepared a video series for seniors on various financial topics related to many financial situations based on real life cases.
During GMW2022, the National Bank published a number of articles on their 5penazi.sk website. These focused on various thematic areas of financial education for children, pupils, students and the adult population.
Feedback from participants was collected via online education, lectures, webinars, fairy tales and traffic to the 5penazi.sk website and data was used to improve the quality of financial education in various topics.
Throughout Global Money Week 2022, financial literacy awareness sessions were offered to more than 150 children and youth. An online finance game “Moja Família” (My Family) was organised for primary school children. The aim of the game is to teach students good skills and habits while thinking skilfully and economically.
2021 Slovakia Global Money Week
PARTICIPATING ORGANISATIONS:
- National Bank of Slovakia, Institute of Banking Education of the National Bank of Slovakia, Akadémia vzdelania OVB (non-profit organisation Academy of Education OVB), OVB Allfinanz Slovensko a.s.
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 12
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 217
NUMBER OF ADULTS REACHED DIRECTLY:
- 6,793
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 10,000
Throughout Global Money Week 2021, the National Bank of Slovakia, in cooperation with Institute of Banking Education of the National Bank of Slovakia, reached 67 students in four secondary schools through a three-hour online financial education talk, and several other activities. During GMW2021, online financial literacy awareness sessions were offered to young people and adults as well as an online quiz on the topic “Do you have financial literacy at your fingertips?” More than 6,763 people joined the quiz and almost 60% of all answers were correct. Furthermore, this year people had an opportunity to read interesting articles, watch videos and interviews on various thematic areas of financial education made available for children, youth and adults in the new web portal of the National Bank of Slovakia here.
To celebrate GMW2021, Akadémia vzdelania OVB held activities in 11 primary schools. A financial online game “Moja Família (My Family)” was organised for primary school children, with the aim of helping children to build better financial habits and skills.
2019 Slovakia Global Money Week
LEADING ORGANISATIONS:
- OVB Allfinanz Slovensko (Akadémia vzdelania OVB)
PARTICIPATING ORGANISATIONS:
- 12 Schools
NUMBER OF CHILDREN REACHED DIRECTLY:
- 125
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 700
OVB Allfinanz Slovensko (Akadémia vzdelania OVB)
For GMW2019, Akadémia vzdelania conducted activities at 12 primary and secondary schools. In the primary schools, an internet game was played amongst the children, named Moja Familia (My Family). In this game the children had to manage the finances of their families. This activity was aimed to teach budgeting to the young children. In secondary schools, a board game was played, named Sloboda (Financial Freedom). In this game, the children had to manage their finance during common lifetime situations they may face in 30 years. The students were involved in various competitions and tested their skills in financial literacy.
2018 Slovakia Global Money Week
LEADING ORGANISATIONS:
- Children of Slovakia Foundation
PARTICIPATING ORGANISATIONS:
- 47 schools
NUMBER OF CHILDREN REACHED DIRECTLY:
- 940
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 3 500
Children of Slovakia Foundation
The activities for GMW took place in about 50 primary and secondary schools. Students were able to participate in discussions, games, creative activities, and public readings. They were also introduced to the concepts of saving, financial decision making, and philanthropy. One hundred and eight classes participated in the European Money Quiz, and thus were able to test their knowledge of the financial world while building teamwork skills. Schools sent the Children of Slovakia Foundation reports on their GMW experiences and on topics such as budgeting, cryptocurrency, and using money safely online. The Foundation invited all participating schools to the June 2018 Student Conference in Bratislava at Slovenská Sporiteľna. Students could visit the headquarters of one of the biggest banks in Slovakia.
2017 Slovakia Global Money Week
LEADING ORGANISATION:
PARTICIPATING ORGANISATIONS:
- kindergartens
- elementary schools, secondary schools/high schools, non-governmental organisations, communities/community initiatives
NUMBER OF CHILDREN REACHED DIRECTLY:
- 1 305
NUMBER OF CHILDREN REACHED INDIRECTLY:
- 2000
The Children of Slovakia Foundation (NDS) has been supporting the Global Money Week campaign in Slovakia since 2014. This year’s Global Money Week activities were part of the long-lasting programmes “Know your money” and “School of family finances”.
The partners of the NDS organised various social and financial literacy activities during and around the Week. A wide range of kindergartens, elementary schools, secondary schools, non-governmental organisations, and communities were involved.
The Global Money Week activities aimed to:
- connect children, young people, professionals and seniors in activities that would help them create a sustainable financial future at home and worldwide;
- share knowledge, opinions, ideas on money matters, saving and financial decisions;
- motivate young people to pursue philanthropic activities and be actively involved in their communities;
- create a space where children and young people could express their opinions about finance and money and secure their right to be heard.
Furthermore, students from grammar schools and secondary schools were working on projects that were presented at a conference during the Week. The following themes were addressed:
- “Being my own boss” (Why I prefer my own company rather than being employed by someone else)
- “I can share even one euro” (Reflecting personal philanthropy and giving)
- “Not everyone is expecting money” (It is possible to share various resources, e.g. time, knowledge, skills, attention)
- “I will need money at every stage of my life” (The importance of saving and building a habit of saving and not spending all money I have).
2016 Slovakia Global Money Week
LEADING ORGANISATION:
DATE OF THE EVENT:
- 14th - 21st of March
TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:
- 1 000
All of the Global Money Week 2016 activities took place within 70 primary and secondary schools, as well as community centers throughout Slovakia. Activities included educational workshops for younger students or for parents, seniors or vulnerable children. These workshops were focused on pocket money, budgeting and saving at home, at school and in organisations, donations and other topics. At the same time, Children of Slovakia Foundation also invited all participating schools to join at the Student´s Conference in Bratislava on 15 - 16 June 2016 at Slovenská Sporiteľna, where the students can network, visit the headquarters of one of the largest banks in Slovakia, share their presentations, experience and opinions about money matters.
2015 Slovakia Money Week
PARTICIPANTS:
DATE OF THE EVENT:
- 9th - 17th of March
NUMBER OF CHILDREN REACHED:
- 1 400
Children of Slovakia Foundation organised one-day workshops on ‘Know your Money’ and ‘Family Finances School’ in different regions of Slovakia during Global Money Week 2015. The goals were to inform primary and secondary school students about the importance of money in a changing economic system, discuss and understand the importance of money, savings and prevention of living life in debt as well as distrainment, and encourage children and young people to take an active approach in schools and communities. Furthermore the celebrations were intended to motivate kids to try and improve entrepreneurial skills, link the participants of different ages for the mutual enrichment in financial education, support youth to become active members of their communities and motivate them to become philanthropists, and enable children and young people to share their opinions regarding financial matters. To achieve these objectives, Children of Slovakia Foundation organised various workshops, trainings, and quizzes in schools and youth centers all over the country.
On 16 March, an interesting event “How to save” was held in Banská Bystrica. The event addressed why one should save and shared tips and tricks on how to save even from a little money. On 17 March, “How to sell myself at an interview” activity on presentation skills and methods for young people was organised. These events were part of the project supported by Skola rodinnych financii (School of family finance) and organised by Children of Slovakia Foundation.
2014 Slovakia Money Week
PARTICIPANT:
DATE OF THE EVENT:
- 10th – 17th of March
NUMBER OF CHILDREN REACHED:
- 2 869
Various activities were organised by Children of Slovakia Foundation which were attended by the members of their social and financial literacy development programs.
For Global Money Week the Foundation brought together 3 non-governmental organisations, 42 schools (ranging from kindergarten to high school) from all regions of Slovakia, altogether about 2,900 children and young people. Lecturers from both programs voluntarily prepared special activities for both children and youth such as finance-themed workshops with their families, teachers or lecturers.
Activities based on experimental education gave children a chance to manage and use money. For example in one activity, participants prepared their own budget and savings plan together with bank employees. They also learnt bargaining and commercial skills. The students then put their newly learnt skills into practice by baking and selling cookies. Participants also organised a financial collection for the animal shelter in the neighbourhood; a charity concert for their ill classmate and a financial collection for their classmate in material need. They discovered how important it is to help each other while gaining new organisational and economic skills from managing the events.
A workshop for elementary-school and secondary-school pupils called “Let’s look for fundraising possibilities in our town” showed children and youth how to create fundraising opportunities in their community. The students came up with an idea at the end of the work shop called “Let´s turn the waste in our village into a profit”. They prepared concrete proposal and organised a meeting with the mayor to discuss their proposal. The Mayor promised to use their proposal to fuel further discussions with other elected members of the village council.
Primary school children were taught about the euro and how to use modern payment methods. Others were taught “economical cooking and baking” where they worked out a budget, went grocery shopping and baked a cake to serve to their parents and grandparents after school. They then compared the costs for baking as opposed to buying a cake. The money they saved the school put into their year-end party’s class fund.
A workshop for children from Children´s Home of K. Hofbauer in Podolínec, Slovakia, taught children how to start a business and establish a trade. They had the chance to discuss their ideas with the invited guest –a budding fast food entrepreneur. The entrepreneur was a long-term unemployed person who started his own successful business. The children loved listening to his story and learning practical steps that they can use to start their own business, i.e. the procedure and conditions for a trade certificate; how to apply for a business allowance; and the legislative obligations of a business owner.
Secondary schools, primary schools and a seniors club in Martin, Slovakia hosted an acitivity called “Let’s talk together,” where the pariticpants were taught the importance of money in a changing economic system and how to ensure a stable financial future for youth. The generationally diverse group also discussed the importance of money and savings.
A special one-day programme for mothers living in the Crisis Centre of St.Elisabeth, Banská Bystrica, Slovakia with their children involved inspirational social-financial education activities. They discussed their financial possibilities and the process of finding a job. Beside the discussion we prepared a meal together with an agreed upon budget. Later they played games and took a financial quiz.
Various topics were discussed with young families in community centes. Topics discussed were how to use money in a responsible way, life insuranve, family budgeting, personbal budgeting, money and its various forms, how to calculate wages and how to save.
Learn more:
www.skolarodinnychfinancii.sk
www.zskvacany.edupage.org
www.zajablonove.edu.sk
www.nds.sk
www.ddskh.sk
zspieninskabb.edupage.org