Breakout: Providing high-quality financial education in school - Money Wise Platform - Netherlands

The Dutch approachOn teaching children age 6-12 how to deal with moneyHeike Pelikan & Jan Anton Brouwer

April 21st, 2016

2 |

What we do

• Annual National Money Week• Guest lectures• Teaching materials

3 |

About National Money Week

• Primary target groups• Annual event in March /

Global money week• Cooperative relationships• More than 5.500 guest lectures• Teaching material• Honorary Chair of the platform

4 |

Skills youngsters need to acquire

• Value of money• How to deal with intangible transactions• How to make responsible choices with financial

implications and be a critical consumer• Financial planning and looking forward• Dealing with financial risks• Rights and obligations as a consumer

and employee

5 |

Teaching material• 4 topics available for ages 6 – 12• Extra topic, insurances, for ages 11-12• A4 notepads• Each notepad contains 35 identical working sheets• Including teachers’ manual• Quarterly financial education sessions• Available for free and downloadable• Additional material (homework sheet) available online

6 |

Topic: Holidays

• Dutch Saint Nicholas and Christmas• Limits of spending money• Covers advertising and temptations• Price comparison• You can spend money only once!• Learning objective: making (financial) choices

7 |

Topic: Saving with a prospect

• Difference between saving and loaning• Choose saving goals

8 |

Topic: The world of money

• Safe payment• Acquire knowledge of standard financial concepts• The role of a bank• Learn about the difference between paying with cash

and pin based payments

9 |

Topic: Earn your own money

• Earn money and spend money• How to earn money for the good cause (for charity)• how to keep track of your money• keeping a cashbook (kasboek)• safekeeping of important documents

10 |

Usage and evaluation• 2015 more than 19.000 sets (of 4 themes) sent to primary schools • 2016 year to date already more then 20.500 sets

• Research june 2015 on the usage, content and format of the material (teachers)– Reasons for usage– Format of the learning material

• Research on effectiveness in 2016/2017 (pupils age 10-11)

11 |

Thank you for your attention!

Any questions?