Financial Education (FinEd) is the learning around personal money management and investment. Financial system regulators and central banks are becoming increasingly active in national Financial Inclusion efforts the world over. Whilst the technical implementation of Financial Education within the school curriculum is carried out by the Ministry or Department of Education, the policy impetus in many countries has been driven by the Financial Services Regulator.
Embedding FinEd within the core school curriculum is an all-inclusive and sustained national approach to ensuring young men and women are leaving school with the necessary financial skills and knowledge to be financially competent, to make a living in the money economy and to contribute positively to their families, communities and to the economy. The publication outlines the key components of a Financial Education programme placed within the curriculum.