Global Money Week

2017 Belgium Global Money Week

Leading Organizations:
FSMA- Financial Services and Markets Authority
Wikifin.be
the financial education programme of the FSMA

Participating Organizations:
Pensions Board
FPS Finance
the Insurance Ombudsman
The Chancery of the Prime Minister
The National Bank of Belgium
Febelfin
Assuralia
The Credit and Indebtedness Observatory
Wikifin.be/FSMA as coordinator in collaboration to De Tijd/L'Echo, Radio1/VRT, RTBF
National Social Security Office
FOD Economy
the Support centre for Debt mediation services for the Brussels Capital Region (a non-profit)
Muntpunt

Number of children reached directly: 100 00

By organizing the Global Money Week, Wikifin.be seeks to make money matters the subject of as wide a conversation as possible and draws special attention to financial education. There were various activities taking place throughout the week, directed at a wide public and to the educational sector. A few of these activities included:

  • A conference on financial education: the week was officially opened at the ringing of the bell at the Brussels Stock Exchange

  • budg€tPRET/Gère tes pépètes: a game in which more than 50,000 children between the ages of 7 and 12 learn in a playful manner in class how to manage a budget

  • Info markets: in 3 spots in Belgium, Wikifin.be organised info markets answering questions about money posed by passers-by

  • An online tool: with the MoneyTest developed by Wikifin, participants discover their financial profile

  • A federal truck at school: Wikifin went round to visit schools with a truck in order to raise awareness about money matters

  • A survey ‘To save or not to save?’: by means of this survey, Wikifin.be in collaboration with the media will make money matters the subject of even a wider conversation

More information: www.deweekvanhetgeld.be / www.lasemainedelargent.be


2016 Belgium Global Money Week

Leading Organizations:
FSMA - Financial Services and Markets Authority
Wikifin

Participating Organizations:
De Tijd/L'Echo, Radio 1, RTBF, Federal Pensioendienst (Pensions Board), FOD Economie (FPS Economy), FOD Financiën (FPS Finance), Onbudsman van de verzekeringen (the Insurance Ombudsman), Ombudsfin (Ombudsman in financial conflicts), De Kanselarij van de Eerste Minister (the Chancery of the Prime Minister), De Nationale Bank van België (The National Bank of Belgium), Febelfin, Assuralia, L'Observatoire du Crédit et de l'Endettement (The Credit and Indebtedness Observatory), Centre d’Appui aux Services de Médiation de Dettes de la Région de Bruxelles-Capitale (The Support centre for Debt mediation services for the Brussels Capital Region), Vlaams Centrum Schuldenlast (The Flemmish centre for Debt mediation), The city of Brussels, The city of Antwerp, The city of Liège, Centrum voor budgetadvies en -ondezoek - Centre for budget advice and research, Wijzermetgeld.be, European Parliament, ENSIE, Finance Watch, European Investment Bank, GECES, Social Economy Europe, FEBEA, SEFEA, Credal, Bank of Karditsa, CERTH, University of Glasgow, Democritus University of Thrace, Ebanka, KEPA, FEBEA (European Federation of Ethical and Alternative Banks), Euronext

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

Total number of children & youth engaged: 130 000
Total indirect reach: 2 100 000

This year, the Week was officially launched in Belgium on Monday 14 March at 9:00 a.m. with the “Ringing of the Bell” ceremony at the Brussels Stock Exchange of Euronext. The Belgian Ministers of Budget, of Finance and of Economy were present (Ms. Sophie Wilmès, Mr. Johan Vanovrtveldt and Mr. Kris Peeters). The pupils who attended the event were able to engage in discussion with Mr. Kris Peeters, Deputy Prime Minister and Minister for Employment, the Economy and Consumer Affairs and with the Governor of the National Bank. All participating partners and media attended the event, where the results of a survey about how families handle money matters were presented in order to spark further conversation about money matters via the media. The following topics were addressed: money, pocket money, bank cards, smartphones, savings, insurance and real estate. Several other activities took place in Belgium throughout the Week:

More than 1,500 classes of years four, five and six throughout the country played the budget game “budg€tPRET/Gère tes pépètes”, an educational and fun game about budgeting. During the Week, Her Majesty the Queen visited two primary schools in Belgium, accompanied by the Ministers of Education. Her Majesty played ‘budg€tPRET/Gère tes pépètes’ in the class together with the children, which taught the pupils how to handle money, manage a budget, discuss in groups and make choices together. With this game, Wikifin.be supported teachers in bringing financial education to the classroom.

Wikifin.be/FSMA, De Tijd/L'Echo, Pensions Board, the National Social Security Office, FOD Economy, FPS Finance, the Insurance Ombudsman, Ombudsfin, the Chancery of the Prime Minister, the National Bank of Belgium, Febelfin, Assuralia, the Credit and Indebtedness Observatory, No Credit Day and the Support Centre for Debt Mediation Services for the Brussels Capital Region (a non-profit organization) gathered at the Brussels Central Station to provide information about money matters. After the event at the Stock Exchange, students then visited the info market. The experts at the market were ready to answer all of their money-related questions, whether they be about pensions, loans, internet fraud, debt mediation or insurance.

An online money quiz “Are your finances on the rails?” (http://www.wikifin.be/nl/geldtest) was also circulated, which was able to tell youth whether they had firm control of their finances. Also, a federal truck criss-crossed the entire country during the Week, stopping at various schools. During the visit, pupils played the budget game budg€tPRET/Gère tes pépètes in the Federal Truck and they could also leave a message in the chatterbox.

Furthermore, the FSMA and Wikifin.be, along with the FPS Economy, SMEs and Energy, the FPS Finance and the National Social Security Office, were present at the ‘Ondernemen/Entreprendre 2016’ Fair in order to provide information to entrepreneurs and interested people about various financial topics. This year, the topics of 'boiler rooms' and 'recovery rooms' were featured. Wikifin.be also introduced new online content for self-employed people, and prizes won through the Wikifin@School Challenge were distributed to the winning classes.


2015 Belgium Global Money Week

Participants:
The FSMA - Financial Services and Markets Authority in Belgium, Euronext Brussels, Vlerick Business School
Date of event:
11th and 16th of March
Number of children reached:
50

The FSMA (the Financial Services and Markets Authority in Belgium) has organized, in occasion of the Global Money Week a second national conference on the subject of financial literacy, held in the presence of Her Majesty Queen Mathilde, on 11 March 2015 in at the Egmont Palace in Brussels, Belgium.

Various leading figures from the political, academic and institutional spheres as well as the principal stakeholders involved in financial education in Belgium attended the conference. Recent research findings regarding the financial literacy in Belgium were presented. In light of these findings, Professor of Behavioural Science at the London School of Economics, gave a talk about how to understand and change individual financial behaviour. In the afternoon, workshops that brought together the stakeholders involved in financial education to share ideas and to provide a setting to work on future financial education collaborations.

The same day (March 11) Euronext Brussels invited Child & Youth Finance International to an opening bell ceremony as part of the Global Money Week celebrations. The ceremony, hosted by the CEO of Euronext Brussels, was followed by a presentation of the stock exchange. Vlerick Business School joined the ceremony together with other Child & Youth Finance International partners including MasterCard Corporation, Ashoka, and ESN.

On March 16 the European Parliament and the European Economic and Social Committee invited young entrepreneurs and potential investors to the European launch and pitching event of Ye! It is the latest initiative of Child & Youth Finance International aimed at supporting young entrepreneurs. Representatives of the European Parliament, European Commission, European Investment Bank presented the initiatives that the European institutions are leading to support young entrepreneurs and also directly interacted and gave their feedback to 10 young inspiring entrepreneurs from all around Europe.If you would like to find out more about the 10 inspiring young entrepreneurs who pitched in Brussels, follow this link: Ye! Community.

European Money Week is a joint initiative by European banking associations that aims to raise public awareness on financial literacy and improving financial education for students from elementary and secondary schools. The European Money Week is held under the umbrella of Global Money Week.

 

2014 Belgium Global Money Week

Participants:
Euronext Brussels
KHLIM University
Date of the event:
10th - 17th of March
Number of children reached:
625

In Belgium, Euronext Brussels celebrated Global Money Week by inviting representatives of the European Banking Federation, MasterCard, the World Savings and Retail Banking Institute, the FSMA and Child and Youth Finance International to ring the Stock Exchange Bell. The bell ceremony was followed by a presentation on the ‘Role of the Stock Exchange in the Financing of the Companies’ done by the chairman and CEO of Euronext Brussels for university students from Karel de Grote Hogeschool and Artesis Plantijn Hogeschool as well as to school students from Khlim in Antwerp.

CYFI’s partners from the research group Education & Ict [ED+ict] at Limburg Catholic University College (KHlim) organized a youth talk with 20 teachers about SKILLVILLE in their university college. SKILLVILLE is an online media tool built to enhance youth’s key competencies. In the presentation, a teacher represented a school where all the 600 students played SKILLVILLE. KHlim’s education department students developed case studies to enhance financial literacy for their peer student-teachers.

Learn more:
www.skillville.be

 

2013 Belgium Global Money Week

Name of organizing entity - World Savings Banks Institute (WSBI)/ European Savings Banks Group (ESBG)
Partners - Health and Consumer Policy
Date of the event - 19th of March

Global Money Week in Belgium was marked with a workshop held on the 19th of March, which focused on the importance of financial education for children and youth. The event opened with a keynote speech by Mr. Tonio Borg, Commissioner for Health and Consumer Policy.

The workshop put emphasis on the importance of starting education at an early age, its crucial link with guided-savings behavior, and the role that stakeholders across disciplines can (and should) play to improve policy, programs and approaches.

Attending the workshop were representatives from Vienna University, Personal Finance Education Group, Deutsher Sparkassenuerlag, Federation Nationale des Caisses d‘Epargne, University of Salford, Rheinische Friedrich, Wilhems University, Comision Nacional Mercado de Valores, Unit B4 from European Commission and the European Banking Authority and representatives from Child and Youth Finance International.

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