FINANCIAL INTELLIGENCE Osnovna škola Bartola Kašića Vinkovci Erasmus+ 2016-2018 Young Enterprising Europeans FINANCIAL INTELLIGENCE June 2017

We must teach students how to become financially savvy and it is never too early to start. Children must discover the relationships between earning, spending and saving. They begin with simple money concepts, such as counting coins, putting them into a piggy bank and making purchases. The key is to teach them a concept and let them try it out. We included all students in our Erasmus+ project Young Enterprising Europeans and started financial education of students in the second grade.

On 31 October 2016, Mrs Vidović from Erste Bank came to our school to talk with second graders about the history of money and about saving money. Children were given posters of popular characher Medo Štedo, colouring books and piggy banks for every class.

Students were interested in the topic and very active.

They got leaflets for parents about opening savings accounts for children.

Some of the areas we should focus are: - the concept and value of money - the importance of budgeting and how to budget - how to save how to set financial goals how to earn money how to manage money the importance of innvesting Students should develop their financial intelligence in order to become successful entrepreneurs or managers

In March 2017, during European Money Week, we also had a lot of activities. One of them was a lecture for parents and students about managing money at different ages. We gave brochures about it to all parents.

FINA Financial Agency (Fina) is the leading Croatian company in the field of financial mediation and the application of information technologies. Mrs Danica Rimac, manager of Fina Vinkovci came to our school twice to talk to students about finincial intelligence and ways of developing it.

On 18 May she had a very interesting lecture and workshop for 39 students from grade seven.

Mrs Rimac held another lecture on 31 May 2017 for 44 students from grade eight.