Global Money Week

2016 Mexico Global Money Week

Leading Organizations:
Educación Financiera BBVA Bancomer
Museo Interactivo de Economía (MIDE)
Educación Financiera Banamex

Participanting Organizations:
Kidzania
Von Glümer School
Aflatoun
Sura Mexico (Aflatoun partner)

Date of the event:
14th – 18th of March

Total number of children & youth engaged: 38 785

During Global Money Week 2016, partner organizationds wre able to reach 26,000 children and youth through their continuously innovative activities which included role playing and educational activities in partnership with Museo Mide, and involved the banks local branches and employees. This year, as a result of the strategic collaboration with KidZania, models of a local bank, fire station and insurance company were built and designed for children to perform role plays where they associated the responsible use of money with individual and collective values. Through this model city, children learned about savings and preparing for emergencies through the different roles they played and through a guided dialog. This program was the first and only of its kind within all the Financial Literacy Initiatives globally.

Furthermore, the Interactive Museum of Economics (MIDE) deployed a series of interactive and fun activities, where children performed four activities which helped them become aware of the responsible use of money:

  • Discovering the World through 15 Currencies: children took a journey to different countries using their local coins. They explored a series of numismatics, their colors, forms and representative icons. Afterwards, there was a dialogue about the various institutions that provide the bills and coins throughout the world, as well as some money exchanging exercises.
  • Value Scale: the children made daily life decisions, analyzing a series of possibilities with different values, each one associated with each decision. The task became complicated when the children had to see that each decision taken balances with their ethic formation and financial decisions. This activity enhanced the children’s reflections on values related to financial decision present in daily life and the importance of keeping it in balance.
  • A Savings adventure: children and youth learned about savings and the road to their own goals and dreams.
  • Mint your own coin: children were able to create their own money.

Educación Financiera Banamex also participated with four very interesting activities throughout the country. Educaravan, for example, conducted various educational activities, such as workshops, conferences and movies in motion, with the aim of sensitizing people in relation to the importance of financial and economic education, and to help them develop or strengthen these skills. Additionally, Educación Financiera Banamex put in place a moving fair, an activity that promoted an entrepreneurial culture and provided visitors with financial tools that may contribute to the establishment of goals in order to improve the life quality and generate general and collective wellness. Movies in Motion, another of the activities put in place by Educación Financiera Banamex during Global Money Week 2016, consisted of three mobile theaters with capacity for 91 people. Inside the theatre, financial education films were projected free of charge for all people to see. Finally, an economic education program took part in the Financial Park, introducing youngsters to financial planning. During the program, using a simulator, children and youth had the opportunity to understand the basics of finance, to analyze different daily situations and how to make a budget in a practical way.

 

2015 Mexico Global Money Week

Participants:
MIDE (Museo Interactivo de Economía)
Consumo Inteligente - MasterCard
Catholic Relief Services
Red de Empresarios por el Desarrollo
Date of the event:
9th – 17th of March
Number of children reached:
4 052

As in the past, Global Money Week 2015 was celebrated in Mexico in partnership with the Interactive Museum of Economy (MIDE), an independent and non-profit educational and cultural institution. Created by Banco de Mexico (Central Bank of Mexico) and various private financial institutions of the country, MIDE is dedicated to the development of the economy and dissemination of financial education.

This year children and youth traveled Around the World with 15 coins, an activity designed to show the differences between different national currencies, discuss and learn about exchange rates, and learn about the history of Mexican coins.

During the week, visitors to the museum participated in Balance of Value, a workshop where participants reflected upon the meaning of the words – value and values. Children and youth were encouraged to think how personal values affect their day-to-day decisions and how certain values are reflected in the different financial decisions one takes.

Based on the theme of Global Money Week 2015 – Save today. Safe Tomorrow. - MIDE and its partner institutions organized a Saving Goals Lab. This activity was aimed to make participants reflect on topics such as goals, savings and budgeting for the future.

As part of the celebrations, Consumo Inteligente, a MasterCard initiative, organized a Hangout call with different institutions in the region to discuss the topic of entrepreneurship from different perspectives. Consumo Inteligente, FOSIS and CYFI participated in the call. The call stressed that entrepreneurship was not only for grownups but also for children and youth. It highlighted that kids, teenagers and youngsters are perfectly capable of generating sustainable and interesting projects. While last year similar activity hosted by Consumo Inteligente was watched live by around 492 participants, this year more than 550 spectators benefitted from it.

In addition, different organization organized savings workshops and theater plays in other parts of the country. For example, the financial education area of the largest bank by assets of Mexico, supported GMW by coordinating the efforts of its program for children and young people in its 5 modes of delivery throughout the country.

 

2014 Mexico Global Money Week

Participants:
CONDUSEF (Comisión Nacional para la Defensa de los Usuarios de las Instituciones Financieras)
Universidad Nacional Autónoma de México (UNAM)
Catholic Relief Services
MIDE (Museo Interactivo de Economía)
Date of the event:
10th – 17th of March
Number of children reached:
444

Global Money Week in Mexico welcomed the participation of the Interactive Museum of Economics (MIDE), the only museum in the world dedicated to economics, finance and sustainability. Throughout the week MIDE’s exhibitions were dedicated to commemorate the celebration of Global Money Week in more than 100 countries around the world. During Global Money Week MIDE, in collaboration with the Banco de Mexico and the Mexican Central Bank, launched the exhibition “1 Peso per Kilo” which explores how the Mexican history is linked to the use of the country’s currency. To join MIDE in their efforts CONDUSEF, the financial consumer protection service, put together a series of didactic materials which were used to teach children and youth the importance of savings and good financial habits. CONDUSEF accompanied this effort with a strong social media campaign.

Universidad Nacional Autónoma de México (UNAM) participated in Global Money Week by raising awareness on the national survey on financial culture. Felipe de la O, Coordinator of the Center of Public Opinion Studies, of the Faculty of Political and Social Sciences, presented the preliminary results. This pilot study, which UNAM is working on in collaboration with Banamex is the first ever national questionnaire being conducted in Mexico, which assesses savings, credit and entrepreneurship among youth.

The meetings have taken place and they have involved children and youth. They are also planning to do a videoconference.

The Catholic Relief Services held meetings in different localities from the Region of La Mixteca, Valle Centrales y Sierra Sur were they discussed the current status of financial education and the financial products available to children and youth in Mexica. The meetings involved representatives from various organizations concerned with the social and economic welfare and development of the young generation, as well as Mexican children and youth themselves.

Learn more:

crs.org

 

2013 Mexico Global Money Week

Name of organizing entity - The Head of State Award Scheme
Date of the event - 15th - 21st of March
Number of children reached - 10 000

In schools, EDUCA Network celebrated Aflatoun day and Global Money Week by inviting children and youth, parents and other community members. Among the activities there were songs and plays. The activities encouraged children and adolescents to see themselves as active participants and leaders in their community.

They had the opportunity to present their financial and social enterprises. They are able to do this from what they have learnt at the Aflatoun program, using their knowledge of saving and spending, planning and budgeting.

In each case, the enterprises allowed children to promote and practice social change, obtain funds through these projects and take part in activities that help them conceptualize how the world works and how they can achieve a goal together.