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2018 Liechtenstein Global Money Week

LEADING ORGANIZATIONS:

  • Liechtenstein Bankers Association (LBV)

PARTICIPATING ORGANIZATIONS:

  • Caritas Liechtenstein
  • Hand in Hand Anstalt Advisory Board

NUMBER OF CHILDREN REACHED DIRECTLY:

  • Not reported

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

Liechtenstein Bankers Association (LBV)
The Liechtenstein Bankers Association (LBV) and its member banks, as well as the Hand in Hand Anstalt Advisory Board, participated in European Money Week by teaching children and young people how to handle money. Studies show that as many as one in five young people between the ages of 12 and 18 in Liechtenstein is in debt, and already one in three young adults aged 18 to 24 years. To counteract the indebtedness of young people, LBV believe early prevention is of great importance. Providing young people with financial knowledge promotes the responsible use of money and thus helps to avoid debt. Students aged 14 to 18 participated in a financial skills workshop. Experts from the LBV and its member banks, the Hand in Hand Institutes and Caritas Liechtenstein provided children with information on debt prevention and budget planning. Young people learned about the topics of budget, debt traps, types of account, and payment transactions, as well as financing options. Students between 13 and 15 participated in the European Money Quiz, an online competition aimed at helping young people improve their financial literacy. For kindergarten and primary school aged children, the LBV organized a storytelling event for children and their parents. The fairytale, "Money for Sale!", deals with topics of money, consumption and values and helps children learn in a playful way.


2017 Liechtenstein Global Money Week

LEADING ORGANIZATION:

PARTICIPATING ORGANIZATIONS:

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 104

Grade 9, 10 and 11 students from the International School Rheintal visited an art exhibition at Kunstmuseum Liechtenstein during GMW 2017, which is the state museum of modern and contemporary art in Vaduz, Liechtenstein. The special exhibit focused on money and was entitled “Who Pays.” This was a very unique addition to the Global Money Week 2017 celebrations!