Global Money Week

2017 Portugal Global Money Week

Leading Organizations:
Portuguese National Plan for Financial Education – Banco de Portugal
Portuguese Securities Market Commission (CMVM)
Portuguese Insurance and Pension Funds Supervisory Authority (ASF)

Participating Organizations:
Banco de portugal
Portuguese Securities Market Commission (CMVM)
Portuguese Insurance and Pension Funds Supervisory Authority (ASF)
NYSE Euronext Lisbon
Jardim-Escola João de Deus
Agrupamento Martim de Freitas - Centro Educativo dos Olivais
Escola Profissional Vértice
Colégio Sagrado Coração de Maria
Foundation António Cupertino de Miranda | Paper Money Museum
Ciência Viva Museum
Agrupamento de Escolas D. Dinis de Odivelas - Escola Básica D. Dinis
Agrupamento de Escolas João de Deus
Agrupamento de Escolas de Búzio

To mark Global Money Week 2017, the Banco de Portugal will invite 30 children of the 1st stage of basic education from Jardim-Escola João de Deus of Leiria to play a game - “Arrumar para ganhar” (“Organise to win”). The goal of the game is for children to distinguish between needs and wants and between variable and fixed income. Another game - “Equilibra o orçamento” (“Balance the budget”) - will be played by 30 students of secondary education from Agrupamento de Escolas João de Deus of Faro. In this game, students are asked to balance the budget of Mr. António’s family. During their visit, both schools will also go to Banco de Portugal’s Money Museum.

To celebrate Global Money Week, the Portuguese Securities Regulator (CMVM) will develop an awareness campaign based on the 2017 theme - Learn, Save, Earn - for approximately 40 students ranging from the ages of 12 to 16. We will also be conducting ludic and educative workshops on savings and some of the financial instruments regulated by us. Moreover, we will be taking our children to the Lisbon Stock Exchange, where they will be visiting and playing educative games reflecting the functioning of markets. By 16:30 they will be participating in the closing of markets.

The Portuguese Insurance and Pension Funds Supervisory Authority will develop awareness campaigns, with approximately 300 students ranging from 7th grade to high school, concerning the Global Money Week’s 2017 theme (‘Learn. Save. Earn’) as well as subjects related to risk and the mechanisms used to prevent it. Furthermore, the students will be invited to see to the Risk Exhibition at the Ciência Viva museum. Afterwards, it will be undertaken a visit the Authority’s headquarters in order to introduce and explain the operations carried on by the Portuguese Insurance and Pension Funds Supervisory Authority.

Also within Global Money Week celebrations, about 90 students of secondary education from Colégio Sagrado Coração de Maria of Lisbon will take part in a series of training sessions hosted by the financial supervisors on financial education topics: budget management and the importance of saving, the risks of using credit cards, understanding insurance and the financial system.

The "1st. Financial Education Olympics" will take place at Porto, at Foundation António Cupertino de Miranda, on March 27, at 2:30 p.m. As part of the Global Money Week celebrations, the Foundation António Cupertino de Miranda and the Paper Money Museum are happy to announce the "1st Finance Education Olympics" which will take place in Portugal. This event is aimed at students of primary schools, of classes which are engaged in the finance education program of the Museum, which is called "No Poupar Está o Ganho" (To save is to earn).

This initiative consists of a contest, where students will have to answer questions about the several finance education themes referred in the Portuguese Finance Education Referential. The aim is to enhance, in a happy and competitive way, their interest in the subject and to foster inclusion and financial education.

The competition will bring face to face many of the primary schools of twelve different municipalities of the north of Portugal: Arouca, Espinho, Gondomar, Maia, Matosinhos, Oliveira de Azeméis, Porto, Santa Maria da Feira, Santo Tirso, Vale de Cambra, Valongo e Vila do Conde.

The "1st. Financial Education Olympics" is accomplished in partnership with the FEP Finance Club of the Faculty of Economics of the University of Porto and will be documented by the television of the University of Porto.

During the Global Money Week, the Paper Money Museum will also provide guided tours for primary and secondary school pupils where they will watch some educational videos about financial literacy and learn about needs, budgeting, savings and the importance of having good habits when it comes to handling money.


2016 Portugal Global Money Week

Leading Organizations:
Portuguese National Plan for Financial Education - Banco do Portugal
Portuguese Securities Market Commission (CMVM)
Portuguese National Plan for Financial Education - Banco do Portugal
Portuguese Insurance and Pension Funds Supervisory Authority (ASF)

Participating Organizations:
Euronext Lisbon
Fundação António Cupertino de Miranda
Aflatoun
ASFAC (Aflatoun partner)

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

Total number of children & youth engaged: 1 000

On 15 March, the Bank of Portugal will organize two training sessions focusing on needs, wants and budgeting with students from a primary school in Lisbon (Escola Básica no. 1 de Lisboa). During each training session, students will play with activities included in the 1st financial education schoolbook, published in October 2015. These trainings will happen as well on 16 March with students from another primary school (Escola Sampaio Garrido). Also on 15 March, the Portuguese Insurance and Pension Funds Supervisory Authority will organize a competition “Who wants to learn?” with two groups of students from insurance courses of SISEP, a vocational school in Lisbon. During the competition, students will learn about the importance of preventing risks and the workings of insurance products.

On 17 March, the Banco de Portugal, the Portuguese Securities Market Commission and the Portuguese Insurance and Pension Funds Supervisory Authority, will organize a series of 10 workshops, with 220 students from the 3rd stage of basic education and secondary education, at a secondary school in Viseu (Escola Secundária de S. Pedro do Sul), focusing on five financial education subjects: budgeting, saving, insurance, credit and understanding the financial system. During the day, students will discuss financial issues, watch videos and participate in educational games.

On 18 March, the Portuguese Securities Market Commission will bring students from schools of Lisbon and Santarem (Escola Básica no. 2 e 3 de Santa Iria da Azóia and Centro de Bem Estar Social de Foros de Salvaterra) to visit NYSE Euronext Lisbon. The students will learn about the workings of the stock market and take part in the “ring the bell” at the closing of the trading session.

During GMW, several schools around the country developed various initiatives addressed to the school community. Amongst other financial issues, these included sessions and discussions in the classroom, in addition to conferences and workshops about savings and budgeting. One school, Escola Secundária de Estarreja in Aveiro, created a hat using reused materials, a project which alluded to consumption and consumerism. Another school in Lisbon, Escola Secundária José Saramago, organized a training session with students from the 3rd stage of basic education to explore the Portuguese National Plan’s website (www.todoscontam.pt).

Furthermore, Fundação Dr. António Cupertino de Miranda, a stakeholder from the Portuguese National Plan, built a magnetic puzzle, where students were invited to write a saving tip. All this information was permanently updated on the Portuguese National Plan’s website (www.todoscontam.pt).

“Today I have learned that it is important to save money and not spend it on things that are not necessary” Adita Pant, primary student of Escola no.1 de Lisboa, Portugal.
“These are important notions about personal finances that students will bring home to their parents” José Castro, primary teacher of Escola no.1 de Lisboa, Portugal.
“I am saving to buy a computer” primary student of Escola Básica Sampaio Garrido , Portugal.

2015 Portugal Global Money Week

Participants:
Portuguese National Plan for Financial Education
Banco do Portugal
Portuguese Securities Market Commission (CMVM)
Portuguese Insurance and Pension Funds Supervisory Authority (ASF)
Euronext Lisbon
Portuguese Banking Association
Association of Specialised Credit Institutions
Portuguese Ministry of Education and Science
32 Schools of different education levels
Date of the event:
9th - 17th of March
Number of children reached:
2 500

An exciting agenda for Global Money Week 2015 was organized by several stakeholders of the Portuguese National Plan for Financial Education: the National Council of Financial Supervisors (the Banco de Portugal, the Portuguese Securities Market Commission and the Portuguese Insurance and Pension Funds Supervisory Authority – the leading stakeholders of the Plan), the Portuguese Ministry of Education and Science, the Portuguese Banking Association and the Portuguese Association of Specialised Credit Institutions.

Stakeholders of the Portuguese National Plan also encouraged schools across the country to involve their students in Global Money Week activities. In total, 32 schools and approximately 2500 students (aged between 4 and 18) joined the celebrations and organized activities to raise awareness on financial education topics. The Portuguese Banking Association organized a conference on financial education, under the European Money Week. Among other key speakers, the Conference had representatives from other stakeholders of the Portuguese National Plan, including the Banco de Portugal, and the Secretary of State for Basic and Secondary Education. Throughout the week, the Portuguese Banking Association also organized financial education quizzes with hundreds of students from 7 schools in the Lisbon region.

The Portuguese Securities Market Commission organized a visit to the NYSE Euronext Lisbon, with 30 students from Luís de Camões basic school (Lisbon). They learned about the workings of the stock market and “rang the bell” at the closing of the trading session. The Annual General meeting of the National Council of Financial Supervisors with the stakeholders of the Plan took place, to assess the financial education initiatives of 2014 and to discuss the implementation of the 2015 programme, including initiatives targeted at schools.

The Coordinating Committee of the Portuguese National Plan visited the basic school Monte Flor (Lisbon) to deliver the honours award of the 3rd edition of the national financial education competition Todos Contam. During this visit, young children made a presentation about the entrepreneurial project that they are developing. The Portuguese Insurance and Pension Funds Supervisory Authority organized a competition “Who wants to learn?” with 80 students from 2 vocational schools of Lisbon, to teach them the importance of preventing risks and the workings of insurance products.

The Banco de Portugal, the Portuguese Securities Market Commission and the Portuguese Insurance and Pension Funds Supervisory Authority, with the support of the Portuguese Ministry of Education and Science, also organized a series of 10 workshops, with 300 secondary students at Tábua school (Coimbra), focused on key financial education subjects: budgeting, saving, insurance, credit and understanding the financial system. During the whole day, students discussed financial issues, watched videos and participated in educational games. On Aflatoun day, 17 March, the Association of Specialised Credit Institutions organized a Skype call between Santa Eulália school in Portugal and Tapera-Cactus School in Brazil, where students discussed their financial education projects and the importance of saving.

During the whole week, the Banco de Portugal, supported by its regional delegations and agencies, organized training sessions focused on savings, the importance of financial education, the knowledge of the Euro notes and/or the Eurosystem, with hundreds of students from 7 schools of different parts of the country: Azores, Braga, Coimbra and Viseu.

Several schools around the country developed initiatives addressed to the school community, including construction of piggy banks in the classroom, small group discussions, conferences and workshops about savings, budgeting and other financial issues. Each school was allocated an individual page on the National Plan’s website, to publish pictures and report the activities developed during Global Money Week. Estarreja secondary school (Aveiro) built a giant piggy bank with saving advices. During the week, students were invited to join this initiative and to commit to follow these advices, placing a “Like” in the piggy bank. In Oporto, Vértice vocational school organized a training session with secondary students, to explore the Portuguese National Plan’s website (the “Todos Contam”), where students discussed the importance of savings. Students from Touria basic school (Leiria) visited two local financial institutions, distributing leaflets in the streets about the importance of savings. Back in the classroom, students made a list of sayings about money and discussed financial education issues.

All this information was permanently updated on the Portuguese National Plan for Financial Education website.

 

2014 Portugal Global Money Week

Participants:
Portuguese National Plan for Financial Education
Banco do Portugal
Portuguese Securities Market Commission (CMVM)
Portuguese Insurance and Pension Funds Supervisory Authority (ISP)
Euronext Lisbon
Six schools in Lisbon and Oporto
Date of the event:
10th - 17th of March
Number of children reached:
540

Under the Portuguese National Plan for Financial Education – an initiative of Banco de Portugal (Central Bank), the Portuguese Securities Market Commission (CMVM) and the Portuguese Insurance and Pension Funds Supervisory Authority (ISP) – 6 Portuguese schools participated in Global Money Week 2014.

50 school students from Lisbon visited the Portuguese Securities Market Commission (CMVM), where they learned about the role of the CMVM and how the primary and secondary securities market work. They also visited Euronext Lisbon (Lisbon stock exchange) and took part in the ringing of the bell at the closing of the stock market.

School students visited the Banco de Portugal where they were treated to a guided-tour of Banco de Portugal’s Money Museum and learned about the role and history of money. The students also held a videoconference with Child and Youth Finance International representatives, who explained Global Money Week’s main objectives and this year’s global theme: What do children and youth want for their future? This was the starting point for a discussion about the importance of savings, in order to achieve future goals. During the discussion, students also learned about the role of the Eurosystem in safeguarding price stability and the value of money and savings.

A visit to the Portuguese Insurance and Pension Funds Supervisory Authority (ISP) was also organized for students, where they took part in a game and a Q&A session about savings and insurance. The students then had the opportunity to share the projects that they have been developing in the area of financial education.

Schools from the Oporto region participated in the Global Money Week, under the Portuguese National Plan for Financial Education. Various activities were organized at one of the schools involving almost 400 students from different school levels. The students participated in educational games, watched movies on financial education and participated in study visits to the Paper Money Museum (of António Cupertino de Miranda foundation). A group of students had a debate on the importance of financial education and held a videoconference with students from a school in Colombia about this topic. While another group of students from a different school prepared a presentation for raising awareness on the importance of financial education, particularly on issues related to savings and budget management.

A school in the north of Portugal, Colegio Santa Eulalia in Sanguedo, participated in Skype calls to celebrate Aflatoun Day. A journalist that publishes materials related to Portuguese Financial Literacy was also there to write about what the young people would discuss during the call. During the call both schools shared about their enterprises. The Armenian and Portuguese students loved chatting to each other about their respective entrepreneurial activities. The Armenian students showed off their self-made creative mobile phone accessories and shared that they raised approximately 300 euros by selling them. They explained that the money will be used for school excursions. The Portuguese students talked about their school garden which they harvest for fresh vegetables which they sell to the community (parents, teachers and other children).

 

2013 Portugal Global Money Week

Name of organizing entity - Portuguese National Council of Financial Supervisors (Central Bank of Portugal, Securities Market Commission and Insurance and Pension Funds Supervisory Authority)
Date of the event - 15th of March
Number of children reached - 50

“During the event children had the opportunity to interact with young students from other schools, through video conference and learn about their financial education initiatives. An eight-year-old boy enthusiastically explained that his class was involved in a collective sale of vegetables and fruits to raise money for a party in school!” Shared the organizers.

Global Money Portugal was celebrated through a visit from 50 children enrolled in primary and secondary school to Banco de Portugal. The visit started with a guided tour to the Money Museum of Banco de Portugal.

The children had the opportunity to take part in video conferences with two schools that are involved in financial education projects. During these video conferences, they learned about these projects and discussed financial issues. Another video conference was organized with the head of the Financial Education Unit at the Central Bank of Brazil, Mr. Joao Evangelista Filho, from whom children learned about financial education projects being carried out in Brazil. Moreover, the children had a guided tour through the website of CYFI, including simulations with the Global Savings Calculator.

The activities also included a short presentation of the website of the Portuguese National Plan for Financial Education, with emphasis to the contents dedicated to the young people, and a video on money management was shown. After watching the video, the children discussed the importance of budgeting and saving. They also watched a film on the Financial Education Day, which was organized by the National Plan for Financial Education on 31st October 2012, the World’s Savings Day.

At the end, the children received a participation certificate and they took a group photo.