Germany

Participating organisations: funnymoney.de, Bündnis Ökonomische Bildung Deutschland (BÖB), Bundesverband Deutscher Volks- und Betriebswirte (BDVB), Deutsche Bundesbank, KfW Bank, Bündnis 90/Die Grünen, Österreichische Botschaft Berlin, Bund der Steuerzahler Deutschland, Fachhochschule Dortmund, FOM Hochschule, Zentrum für Ökonomische Bildung in Siegen (ZöBiS), Frankfurt School of Finance & Management, Konrad-Klepping-Berufskolleg, Berufsschule Oldenburg-Miltenberg, Netzwerk Finanzkompetenz NRW, Präventionsnetzwerk Finanzkompetenz e.V., Stiftung Rechnen, Stiftung Deutschland im Plus, Flossbach von Storch Stiftung, Digital Euro Association (DEA), IW JUNIOR gGmbH, WirtschaftsWerkstatt, WERTvoll macht Schule, Bricklebrit, Geldbiografien, Geldfrau, Was verdient die Frau?, Prediqma GmbH, Börsen Bunch TV, BöAG Börsen AG, Aktiengram, Mathe mit Nick, Book of Finance, Fiuse, GetMoBi, FinLit Foundation, Helmut Peters, Cashless München, Diakonie Hamburg, Runder Tisch Verbraucherbildung Dortmund Total number of participating organisations: 40 Number of children and young people reached directly: 11,874 Number of adults reached directly: 150 Number of people reached indirectly: 27,142

Financial education is on the rise in Germany! The number of events, the number of organisations participating in the Global Money Week, as well as the audience roughly doubled in 2022.

ESMT Berlin in collaboration with the Austrian embassy to Germany organised a panel on financial education to start the week, to which the Head of the OECD Berlin Centre and the Co-Head of the Bündnis Ökonomische Bildung Deutschland participated among others.

One of the key contributing factors was an overwhelming social media outreach generated by organisations such as WERTvoll macht Schule, fiuse, Stiftung Deutschland im Plus, Mano Moneta, Helmut Peters, and Geldfrau, to mention just a few. Podcast episodes and blog articles on financial issues were released by Aktiengram and IW JUNIOR. Funnymoney provided a YouTube series about the first steps to be taken after moving out from your parents’ house. YouTube live events were also held by GetMoBie, W2 on Air, and Börsen Bunch TV. Online lectures and seminars were organised by the Flossbach von Storch Stiftung, Präventionsnetzwerk Finanzkompetenz, Fachhochschule Dortmund, ZöBiS (University of Siegen), Diakonie Hamburg, Bund der Steuerzahler Deutschland, the German Federal Bank, bricklebrit, and many more. The German Federal Bank invited students to discover the Money Museum through a digital walkabout, and Cashless München offered a new virtual version of their educational boardgame “Geld und Glück” to be played online.

Expert talks hosted by Bundesverband Deutscher Volks- und Betriebswirte, the largest professional association of economists in Germany, covered more specialised issues such as social trading, career opportunities in the banking sector, and intergenerational justice in taxation. ADHD was addressed in the context of money management, while “Was verdient die Frau” together with Geldbiografien helped young women understand the importance of money with a focus on gender inequality.

In the federal states of Bavaria and Northrhine-Westfalia, schools like the Konrad-Klepping-Berufskolleg in Dortmund were visited by experts. Netzwerk Finanzkompetenz NRW, a network organisation for debt prevention, hosted a training course for school teachers. Schools throughout Germany submitted questions to a new Q&A format covering the nature of money (Monday), the banking sector (Tuesday), the stock market (Wednesday), public finances (Thursday) and cryptocurrencies (Friday). Renowned experts answered their questions and these included the Federal Minister for Family Affairs, Professor, former chief economist of the Deutsche Bank, Chairman of the Digital Euro Association, funnymoney team and the former head of the financial markets news department at Germany’s public-service broadcaster ZDF.