Danemark

2023 Denmark Global Money Week

GMW NATIONAL COORDINATOR:

  • Finance Denmark

PARTICIPATING ORGANISATIONS:

  • Finance Denmark, the Math teachers' association, The financial Supervisory Authority, the Danish National Bank, The Danish Consumer Council, FORSTÅ.dk, affliated organisations within government, counseeling, teaching and banking, 600 schools and 33 banks

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 646

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 70,000

NUMBER OF ADULTS REACHED DIRECTLY:

  • 1 400

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

For the 10th time in a row, Finans Danmark has organised the 'Money Week', which focuses on teaching personal finance in primary schools (grades 7-9). Finance Denmark coordinated guest teaching at the schools, while the educational publisher FORSTÅ.dk and the Math Teachers' Association prepared the official teaching material. The Minister for schools and education in Denmark opened this year's Money Week by initiating the first guest teaching at a school. Throughout the week more than 600 schools had a visit from a guest teacher, most often an employee from the local bank, who is used to giving advice on finance and economics. The guest teaching's educational objective is strengthening financial understanding of students. A competition has been developed for the Money Week, the Money Quiz. The Money Quiz poses a number of questions within the categories mathematical skills, financial understanding, economy and digital security. The first prize is DKK 10,000 for the class fund. The regional winners receive DKK 5,000 each. The winning class gets the opportunity to nominate two students to take part in the European money quiz organised by the European Banking Federation.


2022 Denmark Global Money Week

GMW NATIONAL COORDINATOR:

  • Finance Denmark

PARTICIPATING ORGANISATIONS:

  • Denmark National Bank, Danish Financial Supervisory Authority, Danish Tax Agency, The Danish Consumer Council, The Danish Association of Math Teachers, Danish Foundation for Entrepreneurship, Alinea

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 700

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 20,000

NUMBER OF ADULTS REACHED DIRECTLY:

  • 1,000

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

Danish Money Week was held between 14-18 March 2022 as part of Global Money Week 2022. During the campaign, employees from the financial sector visited school classes as guest speakers to highlight the importance of including financial education in the curriculum. Approximately 14,000 students with ages of 13-15 had a visit from a bank employee in 2022. Finance Denmark (business association for banks, mortgage institutions, asset management, securities trading and investment funds in Denmark) coordinated guest trainings.

Furthermore, the financial sector in Denmark offered digital teaching materials for in classroom activities throughout the week. These resources were developed in cooperation between Finance Denmark, the Danish Association of Math Teachers and Alinea (large publisher of teaching materials for Danish schools). Approximately 20,000-30,000 students used these materials during the Money Week.

In addition, Finance Denmark held a national Money Quiz in which classes could participate and win money prizes for school activities. A national winner and four regional winners of the quiz were chosen based on the total results of each participating class. The national winner also participated in the European Money Quiz.

All Money Week activities were endorsed by the Danish Financial Authority, the Danish Consumer Council, the Central Bank of Denmark and the Danish Tax Agency.

As a part of Money Week, Finance Denmark also published a report, that gave an overview of the financial status of young people between the ages of 18 to 29. The Danish Consumer Council and the Danish Foundation for Entrepreneurship contributed to the report this year. The report and its findings were presented at a virtual conference at Finance Denmark for an audience of relevant stakeholders including authorities, associations and organisations, members of Finance Denmark and others.


2019 Denmark Global Money Week

LEADING ORGANISATIONS:

  • Finance Denmark

PARTICIPATING ORGANISATIONS:

  •  Danish Union of Teachers of Mathematics; Schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 17 500

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

Finance Denmark
Throughout the Week and led by the Danish Bankers Association, employees from Denmark’s financial sector took on the role as guest teachers, visiting local elementary schools and leading classes with the aim to enhance the financial literacy of students aged 13 to 15. Courtesy of Finance Denmark and the Danish Union of Teachers of Mathematics, participating schools received financial education teaching resources to ensure access to financial information extends beyond GMW. More than 750 classes at elementary schools across the country participated and had a guest teacher from the financial sector. Furthermore, Finance Denmark published a report during the Week "Youths, Debt, Consumption and Savings" (In Danish: “Unge, gæld, forbrug og opsparing”). The report gives an overview of the financial status of young people between the age of 18 to 29.


2018 Denmark Global Money Week

LEADING ORGANISATIONS:

  • Finance Denmark

PARTICIPATING ORGANISATIONS:

  • Agency for Digitization
  • Danish Police
  • Danish Union of Mathematics Teachers
  • E-Mark
  • Media Council for Children and Youth
  • 700 schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 16 000

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • Not reported

Finance Denmark
Throughout the Week and led by the Danish Bankers Association, employees from Denmark’s financial sector took on the role as guest teachers, visiting local elementary schools and leading classes with the aim to enhance the financial literacy of students aged 13 to 15. Courtesy of Finance Denmark and the Danish Union of Teachers of Mathematics, participating schools received financial education teaching resources to ensure access to financial information extends beyond GMW. More than 700 classes at elementary schools across the country participated and had a guest teacher from the financial sector. Furthermore, Finance Denmark published a report during the Week "Youths, Debt and Savings" (In Danish: “Unge, gæld og opsparing”). The report gives an overview of the financial status of young people between aged 18 to 29.


2017 Denmark Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

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

During the Money Week, sessions on financial literacy, how to budget and save up and generally take care of personal finances were offered across schools in Denmark. The Danish Association for Mathematics Teachers developed new materials for the Money Week, which were delivered to schools across the country. This ensured that Danish teachers have knowledge about financial literacy and are well-equipped to teach children and young people about finances.

Furthermore, the educational sessions were supplemented with seminars delivered by guest lecturers from local Danish banks. The guest lecturers started 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. In addition, the Danish Money Week 2017 involved visits and talks held by the Danish Minister for Taxation, Karsten Lauritzen, in Danish schools.


2016 Denmark Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

DATE OF THE EVENT:

  • 14th - 20th of March

TOTAL NUMBER OF CHILDREN AND 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 learnt 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 organisations 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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