Global Money Week

2017 Denmark Global Money Week

Leading Organizations:
Finance Denmark

Participating Organizations:
Danish Association of Mathematical Teachers
The Danish National Police
The Danish Ministry of Finance
The Inter-ministerial Project Office
The E-mark
The Media Council

Global Money Week 2017 is an opportunity for Finance Denmark and the Association of Danish Mathematic Teachers to increase children and young people’s financial literacy and spread awareness about good financial habits.

During Money Week, sessions on financial literacy, how to budget and save up and generally take care of personal finances are offered across schools in Denmark.

The Association of Danish Mathematic Teachers created new materials for Money Week, which were delivered to schools across the country. This ensures that Danish teachers are knowledge about financial literacy and well-equipped to teach children and young people about finances.

These educational sessions are supplemented with seminars held by guest lecturers from local Danish banks. The guest lecturers start comprehensive dialogues with pupils to inform them about effective ways to manage their personal finances, how to avoid debt and how to start good habits when it comes to handling money.

Danish Money Week 2017 also involved visits and talks held by the Danish Minister for Taxation, Karsten Lauritzen, in Danish schools.

2016 Denmark Global Money Week

Leading Organizations:
Danish Bankers Association
Danish Association of Mathematical Teacher

Participating Organizations:
The Danish Consumer Council
Financial Services Union Denmark
Danish National Police
About the Agency for Digitisation

Date of the event:
14th - 20th of March

Total number of children & youth engaged: 21 000

Since 2015, financial education has been a compulsory part of the Danish national curriculum for primary school pupils in 7th-9th grade (aged 13-15). As part of the curriculum, pupils learn about budgeting, savings and comparing different types of loans; they also learn more about their rights as consumers and the economic circuit, where banks transform short term deposits into long term loans. Last year, pupils who participated in Danish Global Money Week had financial education as a major part of their school lessons..

This year, interactive games, educational videos and traditional teaching methods were the corner stones of the initiative. Around 20,000 pupils and 500 schools participated in Danish Global Money Week 2016. All of the pupils were educated about private financial matters and learned how to make a budget, how to save money and how to make the most of their money. A central part of Danish Money Week was the game “Reach Your Goals”. This game was a competition where pupils participated in groups and faced a series of dilemmas and mathematical financial challenges. The winning group received a prize at the end of the Week.

In 2016, the leading organizations of the Week, supported by the Danish National Police, also focused on digital security. The Danish Bankers Association made a homepage with the aim of educating young people about digital behaviour: how to avoid password theft, phishing and how to take care of personal information. The focus on digital security was developed to address the challenges young people face in their everyday, digital lives. This platforms consists of movies, a quiz and more, which created a basis for a discussion in the classroom.

“We have an obligation as politicians to educate and enlighten our young people about the challenges that young people will face in the future. The schools are taking this responsibility seriously, when they have arrangements like Money Week which I am nothing but fond of.” Danish Minister of taxes, Karsten Lauritzen

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