Does making 13-15 year olds passionate about finance sound tricky? Not if you come up with a fun, captivating and competitive way to spread that knowledge!
To help students across Europe crack the mystery of managing money, and do it in a fun, interactive way, the European Banking Federation (EBF) chose Kahoot! as a platform for running their first ever European Money Quiz earlier this year. Read this case study to learn how they engaged 40,000 students from 32 countries with topics around personal finance.
One of the core 21st century skills
According to the World Economic Forum, financial literacy is one of the six foundational literacies that are essential for developing 21st century skills. However, as OECD PISA survey 2017 revealed, one in four students in developed economies are not able to make simple decisions on everyday spending.
To boost awareness around financial literacy among young students, EBF launched European Money Week in 2014 with activities ranging from classroom sessions to seminars and conferences. Since then, they were constantly on the lookout for new ways engage students even more on the topic. And, in time for the fourth European Money Week, they came up with a solution – to turn it into a big game!
“The European Money Quiz is a very special project for us. It helps people to understand more about the need for better financial education to boost financial literacy. But just as important: the quiz is a fun way to learn and play”, said Wim Mijs, CEO of European Banking Federation.
