In Ukraine, they plan to increase the financial literacy of children and adolescents

A person who is aware of their financial habits and motivated to find good deals when shopping shows confidence in dealing with the seller, especially in cases of incorrect balance or incorrect calculation. She respects the diversity of people's financial priorities.

This fragment is part of the test table of the Framework of Financial Competencies of Children and Youth of Ukraine, approved by the Ministry of Education and Science. The document describes the key financial competencies of Ukrainian schoolchildren aged 5 to 18, which include knowledge, skills, and a personal approach to personal finance and financial services.

The framework, which can be used as a tool to support educators, can be easily adapted to specific requirements, life situations and age groups. For example, it can be customized to take into account the individual needs of a child or teenager at different stages of their development.

In total, the Framework describes about 900 financial competencies that students should possess before completing various stages of education. The Minister of Education and Science of Ukraine, Oksen Lisovyi, believes that financial competence is a necessary part of every person's life, and the Framework will contribute to the formation of a holistic understanding of financial literacy among children and youth in Ukraine.

The next stage will be the development of educational programs and materials in accordance with the Framework, as well as their implementation in the educational process. Using the Framework will require updating the professional development programs of teachers who teach financial literacy and teachers who use approaches to entrepreneurship and financial literacy in education.

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