During GMW2018, the IPAB offered financial literacy conferences to college students, with the intention of introducing them to the importance of financial and economic education, and to develop and strengthen their financial skills. Representatives from IPAB explained the importance of saving money in a formal system and the different types of protection in different financial institutions.
During GMW2018, Citibanamex organized multiple activities for young people and adults, in collaboration with organizations in the public and private sectors. The objective was to strengthen knowledge and skills, such as creating assets and developing saving habits for different groups of the population. Activities organized included workshops, conferences, game sessions, and talks on entrepreneurship.
During Global Money Week 2018, BBVA Bancomer along with Kidzania, organized 12 activities in three locations: Santa Fe, Monterrey and Cuicuilco. The activities included visits to the tax office, the vault, and the bank, where the students could learn about money’s role in society and its importance for a better future. A visit to the Fire Station was organized, where children learned about the importance of insurance. Additionally, the Acting Academy preformed a play with the theme of “the safe usage of digital banking”. Finally, a lecture on Finance and the Masters in Financial education was held at a university.
During GMW2018, Finanzas Personales Mexico organized trainings in schools and a visit to a bank, to provide financial education to young people. The students involved had the opportunity to learn about concepts such as credit, loans, and personal budget, which will improve their way of life in the future.
Throughout GMW2018, the Museo Interactivo de Economía (MIDE), along with Banco Azteca, organized different educational activities aimed at children, young people and their families, which enabled them to discover basic financial concepts through creative dialogue, emphasizing the importance of setting saving goals, planning personal and family finances, and making informed decisions. Additionally, two activities from the financial education program Laboratorio de Emprendedores were presented, addressing the importance of entrepreneurial thinking. During the week, emphasize lay on the entrepreneurial potential of each person and the acknowledgment that saving is the financial tool for the foundation of the future. The different activities organized included, workshops aimed at teaching basic saving, a credit card exploration, activities to develop the skills of entrepreneurs, and a stand-up comedy performance, which taught audiences the importance of digital banking.
Pequeño Cerdo Capitalista (PCC) organized a Live Google Hangout session that aired their YouTube channel. The Interactive Museum of Economics (Museo Interactivo de Economía (MIDE)) and Junior Achievement Américas (JA Américas) were invited to discuss “Why it’s important for children and youth to become accustomed to finance”. Subjects included entrepreneurship, discovering opportunities, “what is a market?”, and “how does one save?”.
During GMW2018, PEFYS visited several private schools, where both private and public school students attended the activities. The sessions included “The importance of saving using piggy banks”, financial education board games, entrepreneurship conferences, and talks on the history of money and the Mexican financial system. The closing event took place in the State Center for Arts and featured a conference on the Financial Education Today.
During GMW2017, the Interactive Museum of Economics (MIDE) organized workshops, laboratories, theatre plays and shows that allowed the museum to talk with children, young people and adults about the use of money, the importance of decision making and personal finances. Thanks to the strategic cooperation with Plaza Sésamo, Banco Azteca and BBVA Bancomer, MIDE had the opportunity to host fifteen participatory activities.
The Sesame Workshop reached preschool children through activities that helped them identify their dreams, aspirations, learn about savings, planning, spending and sharing. These activities were part of the Dream, Save, Do initiative, a global program developed by Sesame Workshop with the support of the MetLife Foundation. Children who visited MIDE witnessed a storytelling presentation with Sesame’s characters Elmo, Cookie Monster and Lola, teaching them how to create a plan that would help them achieve their goals, and engaged in activities such as the Aspirations Tree, where they identified their dreams, and the Story Mat where they created stories and learned the difference between needs and wants, planning, saving and spending.
Banco Azteca, through the Aprende y Crece program, which seeks to sensitize children and adolescents in the field of healthy finances, conducted workshops together with MIDE. The workshops promoted financial education and entrepreneurship, and musical theater plays demonstrated daily stories for young people to identify and become aware of the responsible use of money.
Educacion Financiera BBVA Bancomer sought to create awareness about what money is, its usage in the economy and how to manage it in a context of ethical values through activities such as role-playing and financial education workshops. Together with MIDE, four activities were conducted: Discovering the World Through 15 Currencies, Scale of Values, Goals Laboratory and the Future Values Vault. In alliance with KidZania parks, various role-playing activities were arranged to help children and youth learn through a hands-on, interactive approach. In partnership with BBVA Bancomer´s Volunteering Program and the Von Glumer School, workshops for children, adults and SMEs were delivered to foster a cooperative environment within families through financial education.
Children International Mexico took part in GMW 2017 by promoting an entrepreneurial attitude amongst young people, striving to cultivate self-confidence, determination and self-knowledge aimed at helping young people to learn basic entrepreneurial notions and to discover and develop their talents. This was achieved through tools such as trainings and workshops like "Taller de barro", where children were encouraged to develop verbal and social capacities as a team and "Jugar a ser adulto", where kids role-played as adults, imagining their ideal future jobs and professions.
Fidel Velázquez Technological University students attended workshops on saving and the importance of economic independence, carried out in conjunction with the Social Inclusion Program (PROSPERA). Awareness sessions were also offered to indigenous communities by translating personal finance materials, and visually impaired beneficiaries received financial education material through a savings and budgeting podcast encouraging wise personal finances.
“Movicine Saber Cuenta” - three mobile films units showed fun and interesting financial education content films. “Educaravana Saber Cuenta” - educational activities, workshops, conferences, board games and movies. “Ser emprendedor, una historia personal” (“Being an entrepreneur, a personal story”) Mobile exhibit - encouraged an entrepreneurial attitude on visitors. “Financial park” - a financial planning simulation. “Stage play #YoEmprendo” – focusing on social entrepreneurship.
Furthermore, Pequeño Cerdo Capitalista was active in a Google Hangout with the theme "Your first income: entrepreneurship ideas for young people", as well as in the Regional Rally, a twitter competition in which youngsters received clues about financial questions, which had to be answered in shortest possible time to qualify for a prize.
During Global Money Week 2016, partner organizationds wre able to reach 26,000 children and youth through their continuously innovative activities which included role playing and educational activities in partnership with Museo Mide, and involved the banks local branches and employees. This year, as a result of the strategic collaboration with KidZania, models of a local bank, fire station and insurance company were built and designed for children to perform role plays where they associated the responsible use of money with individual and collective values. Through this model city, children learned about savings and preparing for emergencies through the different roles they played and through a guided dialog. This program was the first and only of its kind within all the Financial Literacy Initiatives globally.
Discovering the World through 15 Currencies: children took a journey to different countries using their local coins. They explored a series of numismatics, their colors, forms and representative icons. Afterwards, there was a dialogue about the various institutions that provide the bills and coins throughout the world, as well as some money exchanging exercises.
Value Scale: the children made daily life decisions, analyzing a series of possibilities with different values, each one associated with each decision. The task became complicated when the children had to see that each decision taken balances with their ethic formation and financial decisions. This activity enhanced the children’s reflections on values related to financial decision present in daily life and the importance of keeping it in balance.
A Savings adventure: children and youth learned about savings and the road to their own goals and dreams.
Mint your own coin: children were able to create their own money.
Educación Financiera Banamex also participated with four very interesting activities throughout the country. Educaravan, for example, conducted various educational activities, such as workshops, conferences and movies in motion, with the aim of sensitizing people in relation to the importance of financial and economic education, and to help them develop or strengthen these skills. Additionally, Educación Financiera Banamex put in place a moving fair, an activity that promoted an entrepreneurial culture and provided visitors with financial tools that may contribute to the establishment of goals in order to improve the life quality and generate general and collective wellness. Movies in Motion, another of the activities put in place by Educación Financiera Banamex during Global Money Week 2016, consisted of three mobile theaters with capacity for 91 people. Inside the theatre, financial education films were projected free of charge for all people to see. Finally, an economic education program took part in the Financial Park, introducing youngsters to financial planning. During the program, using a simulator, children and youth had the opportunity to understand the basics of finance, to analyze different daily situations and how to make a budget in a practical way.
As in the past, Global Money Week 2015 was celebrated in Mexico in partnership with the Interactive Museum of Economy (MIDE), an independent and non-profit educational and cultural institution. Created by Banco de Mexico (Central Bank of Mexico) and various private financial institutions of the country, MIDE is dedicated to the development of the economy and dissemination of financial education.
This year children and youth traveled Around the World with 15 coins, an activity designed to show the differences between different national currencies, discuss and learn about exchange rates, and learn about the history of Mexican coins.
During the week, visitors to the museum participated in Balance of Value, a workshop where participants reflected upon the meaning of the words – value and values. Children and youth were encouraged to think how personal values affect their day-to-day decisions and how certain values are reflected in the different financial decisions one takes.
Based on the theme of Global Money Week 2015 – Save today. Safe Tomorrow. - MIDE and its partner institutions organized a Saving Goals Lab. This activity was aimed to make participants reflect on topics such as goals, savings and budgeting for the future.
As part of the celebrations, Consumo Inteligente, a MasterCard initiative, organized a Hangout call with different institutions in the region to discuss the topic of entrepreneurship from different perspectives. Consumo Inteligente, FOSIS and CYFI participated in the call. The call stressed that entrepreneurship was not only for grownups but also for children and youth. It highlighted that kids, teenagers and youngsters are perfectly capable of generating sustainable and interesting projects. While last year similar activity hosted by Consumo Inteligente was watched live by around 492 participants, this year more than 550 spectators benefitted from it.
In addition, different organization organized savings workshops and theater plays in other parts of the country. For example, the financial education area of the largest bank by assets of Mexico, supported GMW by coordinating the efforts of its program for children and young people in its 5 modes of delivery throughout the country.
Global Money Week in Mexico welcomed the participation of the Interactive Museum of Economics (MIDE), the only museum in the world dedicated to economics, finance and sustainability. Throughout the week MIDE’s exhibitions were dedicated to commemorate the celebration of Global Money Week in more than 100 countries around the world. During Global Money Week MIDE, in collaboration with the Banco de Mexico and the Mexican Central Bank, launched the exhibition “1 Peso per Kilo” which explores how the Mexican history is linked to the use of the country’s currency. To join MIDE in their efforts CONDUSEF, the financial consumer protection service, put together a series of didactic materials which were used to teach children and youth the importance of savings and good financial habits. CONDUSEF accompanied this effort with a strong social media campaign.
Universidad Nacional Autónoma de México (UNAM) participated in Global Money Week by raising awareness on the national survey on financial culture. Felipe de la O, Coordinator of the Center of Public Opinion Studies, of the Faculty of Political and Social Sciences, presented the preliminary results. This pilot study, which UNAM is working on in collaboration with Banamex is the first ever national questionnaire being conducted in Mexico, which assesses savings, credit and entrepreneurship among youth.
The meetings have taken place and they have involved children and youth. They are also planning to do a videoconference.
The Catholic Relief Services held meetings in different localities from the Region of La Mixteca, Valle Centrales y Sierra Sur were they discussed the current status of financial education and the financial products available to children and youth in Mexica. The meetings involved representatives from various organizations concerned with the social and economic welfare and development of the young generation, as well as Mexican children and youth themselves.
In schools, EDUCA Network celebrated Aflatoun day and Global Money Week by inviting children and youth, parents and other community members. Among the activities there were songs and plays. The activities encouraged children and adolescents to see themselves as active participants and leaders in their community.
They had the opportunity to present their financial and social enterprises. They are able to do this from what they have learnt at the Aflatoun program, using their knowledge of saving and spending, planning and budgeting.
In each case, the enterprises allowed children to promote and practice social change, obtain funds through these projects and take part in activities that help them conceptualize how the world works and how they can achieve a goal together.