Are “needs” and “wants” still relevant?
Needs and wants have become the pillar of any financial education programmes. If we want to control our spending, before buying something, we should first think whether it is a …
Reflexions on OECD PISA Financial literacy assessment
On July 9th 2014, the OECD released the PISA financial literacy assessment of students. It is the first of its kind at that scale: around 29 000 students in 13 OECD …
Entrepreneur by default
Say “ Entrepreneur” and words like “innovative”, “risk-taker”, “future-minded” will come to mind. Say “Entrepreneur” and an image of independent, innovative and positive-minded person ready to take charge of her/his …
What is financial literacy?
Literacy is being able to read and write; maths literacy is being able to count and master simple operations; but what is financial literacy? This phrase appeared in the late 1990s and …
The emotional brain
Blue or black pen? Rice or noodle? Most of our decisions are not rational. When we choose something, we often let the intuitive part of our brain decide. We don’t …
Financial Literacy Trainer’s profile
Based on our experience, here is the ideal profile: Social worker Extensive experience in participatory training Excellent contact skills Excellent communicator Has worked with target group and gained a thorough …