In Denmark, financial education is a compulsory subject in lower secondary schools (ages 13 to 16), integrated into the curriculum that teachers deliver as part of mathematics classes. Most lower secondary students in the country have a part-time job (babysitting, mowing lawns, etc.), so personal finance knowledge is directly applicable to managing their first earnings.
The Danish Bankers Association (Finance Denmark) works to ensure that all members of society—especially children and young people—develop a sound understanding of money and financial matters from an early age. To encourage young people to internalise the financial knowledge they need to understand and recognise the risks and options of different financial products, it coordinates lower secondary students’ participation in a national money quiz competition: the “PengeQuizzen”, which was initially played nationwide, but Finance Denmark expanded the money quiz competition to a European scale.
