Finland

2021 Finland Global Money Week

GMW NATIONAL COORDINATOR:

  • The Finnish Foundation for Share Promotion and Economy and youth TAT

PARTICIPATING ORGANISATIONS:

  • Finnish competition and consumer authority, The Martha Organisation, Takuusäätiö, Coordinate, The Consumers Union of Finland, The Children and Youth Foundation, Youth Academy, Nasdaq Helsinki, Junior Achievement Finland

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 11

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 2,220

NUMBER OF ADULTS REACHED DIRECTLY:

  • 633

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 95,513

Due to the COVID-19 pandemic, this year’s week was held through digital platforms. All events were free of charge and available for everyone, excluding some visits to school classes.

Finland’s Global Money Week 2021 started with Instagram live hosted by the main coordinators the Finnish Foundation for Share Promotion and Economy and youth TAT. The live acted as a welcoming event for the Week, in which all the participating organisations were introduced. The second event of the Week was a YouTube live hosted by the CEO of the Finnish Foundation for Share Promotion and Nasdaq Helsinki. The live event covered topics such as the current situation of the stock market and investing trends. Three volunteering stock ambassadors took part in the discussion as well. At the end of the event the Finnish Foundation’s stock ambassador rang Nasdaq’s old stock bell which officially launched the Global Money Week and opened a weekly stock market.

Throughout the week, The Foundation’s stock ambassadors gave presentations through Zoom to upper level students in 21 schools. From Monday to Friday, the Foundation held Investing Club events at Clubhouse app, and on Friday afternoon the stock ambassadors held live events through their own Instagram page. Economy and youth TAT held Instagram lives, covering a variety of topics.

Youth Academy held Zoom-events for students, with the aim to teach the students how to take care of their personal finances and how to act if they get into financial difficulties. The Martha Organisation in collaboration with Takuusäätiö had a YouTube sketch series called “Money Queen Caro.” The series discussed topics such as personal expenditure and consumption in a humorous way.

Finnish competition and consumer authority published a blog post about how digitalisation creates the need to teach new kinds of financial skills, and Junior Achievement Finland introduced their “Managing personal finances” and “Young entrepreneurs” programmes, meant for students interested in learning to manage their personal finances or interested in becoming entrepreneurs.

Youth were encouraged to play Moneymaster mobile game, a collaboration between Economy and youth TAT, The Finnish Foundation for Share Promotion and Nordea Finland.


2019 Finland Global Money Week

LEADING ORGANISATIONS:

  • The Finnish Foundation for Share Promotion

PARTICIPATING ORGANISATIONS:

  • Lumon Lukio, Maikkula School, Nasdaq Helsinki

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 50

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 12 000

The Finnish Foundation for Share Promotion
The Finnish Foundation for Share Promotion and Nasdaq Helsinki opened GMW2019 by hosting students in the old stock exchange building in Helsinki. Nasdaq Helsinki gave a presentation on the history of the stock exchange and the role of the stock exchange today. The Foundation gave a presentation on the importance of investing and how to start today. Additionally, the Foundation’s "Pörssilähettiläät" visited a school and gave a presentation on financial literacy topics, such as savings, budgeting, and investing. The aim of the event was to increase the level of financial literacy amongst youth, so as to ensure that they can apply these skills now and later in life.


2018 Finland Global Money Week

LEADING ORGANISATIONS:

  • Nasdaq Helsinki, Finnish Foundation for Share Promotion

PARTICIPATING ORGANISATIONS:

  • Hyvinkään Sveitsin lukio

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 55

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 7 035

Nasdaq Helsinki
During Global Money Week 2018, Nasdaq Helsinki and the Finnish Foundation for Share Promotion hosted students in the old exchange building in Helsinki, Finland. The students got to pose with the Bell, and heard a presentation about the history of the stock exchange, the role of the stock exchange, and what Nasdaq does today. The Finnish Foundation for Share Promotion gave a presentation about financial literacy topics such as savings, budgeting and investing to high school students from Hyvinkään Sveitsin lukio. The aim of the event was to increase the level of financial literacy among youth so that they can apply these skills both currently, and later in life! The event was organised on 15th March 2018.


2017 Finland Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

  • Nasdaq Helsinki
  • Children Of The Station
  • Danske Bank
  • Economic Information Office
  • Finnish Federation of Settlement Houses
  • Nordea Bank Finland
  • The Consumers’ Union Of Finland
  • Guarantee Foundation
  • Finnish Federation of Settlement Houses
  • Nuorisosäätiö’s rental apartments
  • Finnish Federation of Settlement Houses
  • The Finnish Youth Housing Association NAL
  • The Finnish Competition and Consumer Authority
  • The Martha Organisation

Students from Salpausselän peruskoulu (Junior high school from the city of Lahti, southern Finland) visited the Money Museum of the Bank of Finland on Wednesday 29 March 2017. Mr. Jaakko Koskentola, Head of the Museum, guided the groups into the world of money from the perspective of the 2017 theme, “Learn. Save. Earn.” Special focus was put on economic literacy aspects: “In order to be able to save money, you first have to earn it,” Mr. Koskentola emphasized. Mr. Koskentola was joined by Ms. Marja Nykänen, a member of the board of the Bank of Finland, for one of the sessions. Ms. Nykänen emphasized the importance for young people to learn how to handle their finances.

In addition, Mun talous (My Finance Network) challenged people to talk more about money at school, home, jobs etc. People shared selfies, videos and their thoughts about money on twitter (#puhurahasta).


2016 Finland Global Money Week

LEADING ORGANISATIONS:

DATE OF THE EVENT:

  • 15th - 18th of March

TOTAL NUMBER OF CHILDREN AN DYOUTH ENGAGED:

  • 50

Between 15 – 18 March 2016, the Bank of Finland hosted educational visits for students to the Money Museum. During these activities, children and youth received information about the history of money and monetary policy, as well as about notes and coins.


2015 Finland Global Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 150

During Global Money Week, the Bank of Finland welcomed three different groups of school kids to visit the Bank of Finland's Museum, which serves as visitors’ center. The visit focused on explaining Global Money Week and the theme “Save today. Safe tomorrow”.

The department of teacher education, of the Helsinki University had a Rahapaja money workshop on 12 March. Students from Kindergarten Teacher and Early Childhood Education, Home Economics and Home Economics Teacher Education discussed pedagogic solutions about how to teach economics to kids and youth. Helsinki University cooperated together with the Finnish Competition and the Consumers Authority and other organisations who were interested in economic education. Rahapaja-Money workshop was part of international consumers day.

The same day, 12 March, Nasdaq Helsinki “rang the bell” as they hosted a market opening ceremony with grade 9 students to celebrate Global Money Week.


2014 Finland Global Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 12th of March

NUMBER OF CHILDREN REACHED:

  • 50

The Bank of Finland celebrated Global Money Week on the 12th March by hosting a group of students on their premises. The students were from two high schools Helsingin Kuvataidelukio and Mäkelänrinteen Lukio. The teenagers heard about the history of money, its effect on society, and how the central bank operates.


2013 Finland Global Money Week

NAME OF THE ORGANISING ENTITY:

  • Bank of Finland

DATE OF THE EVENT:

  • 15th of March

NUMBER OF CHILDREN REACHED

  • 80

During Global Money Week children and youth from Finland had the great opportunity to learn how a financial institution works with organised guided tours to the Bank of Finland.