What: To ensure that 100 million children and youth have access to Child and Youth financial education by 2015.

Why: With good financial education, individuals are given the opportunity to make the wisest financial choices. This will lead them away from financial vulnerability and teach them how best to avoid becoming trapped in poverty and debt.

This is particularly important for children and youth people, who are particularly vulnerable. Have a look at how, in Australia, for example, the average amount of mobile and credit card debt for those under the age of 18 is $3390 Australian dollars! There are many similar example of how a lack of financial education has negatively affected the lives of children and their families.

How:

• Creating alliances among leading education service providers for unified efforts
• Jointly developing a framework to assess existing curricula in Child and Youth Financial Education.
• Assisting governments and national NGOs in selecting the appropriate curriculum to suit their national context.

Who: Child and Youth Finance is working with leading education service providers and NGOs as well as ministries of education and large multilaterals. All these are contributing through our Education Expert Committee.

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Learn more about the work of the Education Expert Council