Consumer education

Objectives for learning

To help children explore the purchase procedure and the concept of owning
To help children get an idea of the concept and usage of money
To help children, through play, explore using money
To help children become familiarized with saving money
To motivate children to notice and to take part in using resources in an economical way

To help children develop a relevant idea of concepts, such as the value of money and the relationship between the price and the money available
To offer children possibilities for handling money and practising how to make purchases, comparisons, conclusions and calculations
To motivate children to discuss consuming and how social pressure can affect choices and desires
To guide children in using resources in an effective and economical way
To help children recognize payment methods in virtual games by reading and understanding advertisements and contractual texts

To help children recognize fundamental elements of personal economy, including key financial concepts and basic features of financial products
To help children recognize the importance of managing the emotional and psychological factors that influence financial decision-making
To guide children in experimenting with making simple financial decisions
To motivate children to practise managing and planning personal financial affairs and to familiarize children with household budgeting
To motivate children to practise accessing and applying information in the context of personal finances
To offer children an opportunity to practise buying financial products and making commitments through a bank account or a mobile phone contract in a safe way
To help children become aware of the limited rights of minors when signing a contract

To help adolescents understand how to manage and plan their personal and household financial affairs, and to make a budget and keep their personal economy in balance
To raise adolescents’ awareness and understanding of the overall financial and economic environment in which they live
To motivate adolescents to seek information and advice before engaging in financial activities
To guide adolescents in understanding the principles of monetary transaction agreements
To help adolescents get accustomed to the financial environment in which they and their families live and to the main risks they may encounter
To help adolescents understand concepts, such as interest, inflation, the value of money and the importance of paying in time to avoid running into debts
To help adolescents understand fundamental elements in the financial world, including key financial concepts as well as the purpose and basic features of financial products

Be aware of the relationship between the national economy and the financial situation of the individual household.
Take responsibility for their own financial situation, understand what constitutes income and expenses and be able to plan and control the flows of money in their own household.
Understand and know where and how assistance can be obtained if financial difficulties arise.
Be aware of economic factors while using digital technology and media.
Be able to compare price and quality based on household needs.

Updated 27.2.2015 Print

Updated 27.2.2015 Print