This year too, the main union in the credit sector will give its contribution to promoting the right financial and banking knowledge among young people.
There Fabi (Autonomous Federation of Italian Banks) is participating for the seventh consecutive year in the campaign promoted by the “Committee for the planning and coordination of financial education activities”. The initiative, born from Ministry of Economy and Finance, has the declared objective of promoting the development and learning of financial, insurance and social security knowledge and skillsthe.
To this end it will be published from 1 to 30 November “You know what?”a series of 10 videos featuring kids. The aim is on the one hand to try to understand how much young people know about the most common topics of finance and economics, and on the other to help them better understand the knowledge and behaviors necessary to make healthy and informed financial decisions. ATM and credit card, inflation, mortgage and loan, variable rate and fixed rate, shares and bonds, savings plan, supplementary pension, double security key and cryptocurrencies are the topics that will be addressed in the videos. Since 2018, this is the seventh initiative carried out in concert with the Treasury, to which must be added the four carried out with theOECD globally starting in 2021; in total there are therefore 11 Fabi projects in this area.
«Being admitted to this event represents for us the Fabi a source of great pride and satisfaction. This year’s campaign is one which, among other things, highlights how many difficulties young people still have in understanding the meaning and use of financial instruments”, comments the Secretary General of the Fabi, Lando Maria Sileoni. And he observes: «Despite the fact that a lot has been done in this sector in recent years, as demonstrated by the entry of financial education into the teaching of civic education, there is still a lot to do. Our organization has taken these initiatives to heart for years, because we are convinced that explaining the economy and finance to younger people means, in perspective, having more prepared and informed savers and account holders. Many financial education campaigns are promoted by individuals and organizations outside the banking sector, we are convinced that explaining banks from the inside is even more important.”
