A week for children and young people to learn financial education in Ecuador

A week for children and young people to learn financial education in Ecuador

The Superintendence of Popular and Solidarity Economy (SEPS) Global Money Week is held from March 21 to 27, a week dedicated to raising awareness about the importance of ensuring that all children and young people have access to high-quality financial education.

To this end, training and recreational activities on financial education will be developed in 132 cantons of the country, with the goal of reaching 56,000 children, adolescents and young people up to 29 years of age..

According to Superintendent Margarita Hernández, Global Money Week (GMW) is a program aimed at providing tools, skills and knowledge that improve their skills and behaviors in relation to the financial system.

“What will allow them to later make better financial decisions when they interact with intermediaries and entities of the financial system,” says Hernández, who adds that the SEPS is the one that, at the invitation of the International Financial Education Network of the Organization for Cooperation and Economic Development (OECD/ INFE), is in charge of the GMW in Ecuador for the second consecutive year.

This 2022, the activities are accompanied by 83 entities, both from the popular and solidarity financial sector, that is, mutualists and cooperatives, as well as private companies that are going to manage the campaign. It has also coordinated with the Ministry of Education for the training of 75 teachers, as well as for access to educational centers.

The Sparkassen Foundation, a German body specialized in financial education, supports the activity and is the one that trains the local instructors.

The groups to be trained are divided into two: one for children between the ages of 8 and 11 and the other for young people between the ages of 12 and 29.

“All this can be seen and followed from our social networks (of the Superintendence of Popular and Solidarity Economy) and also on the website globalmoneyweek.seps.gob.ec,” says Hernández, adding that the activities take place in educational centers —from school units to universities— and in the entities that participate, and that for more information on how to participate, you can access the website mentioned above, to learn more about the places.

“The important thing is to exceed the 56,000 children and young people trained at the national level in the 24 provinces (…). To achieve this goal, all those who manage financial education processes have devised and searched for different spaces to arrive adequately with the information they want to position these groups of children and young people”, says Hernández, for whom handling some concepts from an early age, like money and savings, it is fundamental for them, for the management of their economy, either as entrepreneurs or in their working life, in addition to an adequate logic in their family economy.

Another topic in the trainings will be how to use technology to facilitate access to financial services. (I)

Source: Eluniverso

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