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“Technology is here to make our lives easier, but we must be cautious with the personal information we share,” recommended the president of the Spanish Banking Association (AEB), José María Roldán, to 3rd-year ESO students at the Conde de Orgaz Secondary Education Institute.
With this and other advice on cybersecurity, the AEB president inaugurated the fourth edition of the financial education program ‘Your Finances, Your Future’, which seeks to instill knowledge in young people so they can manage money and develop healthy financial habits.
This class, focused on new technologies and their impact on our personal finances, is the first of 750 teaching sessions that, during the month of March, 500 volunteers from 22 entities will deliver to approximately 7,000 students aged between 13 and 15 in a hundred schools across Spain.
As a new feature this year, the AEB is organizing a financial knowledge competition among these students via the ‘Kahoot’ online platform. On April 10 and 11, the young participants will simultaneously answer questions such as: which expenses should a family prioritize first?
The class that achieves the highest number of correct answers in the shortest time will be the winner and will travel to Brussels to represent Spain in the final of the European competition, which will see students from 30 countries compete on May 8. This competition is part of European Money Week, organized by the European Banking Federation (EBF) every year.
Furthermore, on March 16, the AEB will bring together 20 teachers from ten educational centers at its facilities to develop an action plan that allows them to promote specific financial education initiatives in their schools throughout the academic year.
By the conclusion of this fourth edition of ‘Your Finances, Your Future’, the AEB expects to have reached more than 27,000 young people with its program. This is an AEB initiative with the collaboration of the AEB Foundation and the pedagogical advice of the Junior Achievement Foundation, which is responsible for the program’s academic content.