Financial Literacy Centre

The Financial Literacy Centre implements through its work Finland’s financial literacy strategy, whose vision is for Finns’ financial literacy to be the best in the world by 2030. We aim to improve the financial knowledge of citizens of all ages and increase their interest in the economy. The Financial Literacy Centre explains, in a concrete way, the impacts of monetary policy to all citizens. The financial literacy material forming part of the Museum’s exhibitions will be instantly recognisable, as it will display a visual character named ‘Ruu’, who explores all corners of the Financial Literacy Centre. For young people, we offer games and budget workshops.

Financial literacy is a key civic skill that enables citizens to make short- and long-term decisions about their own finances and to participate in financial activities in society and the marketplace. Financial literacy is needed in all areas of our own finances: everyday spending, planning and financial preparedness, purchasing, borrowing, saving, investing/owning and insuring.

Aspects of financial literacy

Financial skills are needed in all activities where money is involved: in buying, saving or borrowing. Financial skills are necessary, particularly in large purchases, such as a car or a home.

Financial education games

Games can be used in financial education, as some of them simulate the functioning of the economy: they have rules, certain provided resources and an objective. Playing is fun and inspiring, and games help in making abstract things concrete.

Finns will have the world’s best financial literacy by 2030

The aim is that as many people as possible would understand the importance of financial literacy in their lives and are capable of making good financial decisions.

Cash as a means of payment video

The maintenance of cash supply video series presents the Bank of Finland's maintenance of cash supply and cash. The purpose of the videos is to explain the life cycle of banknotes from the point of view of the Finnish monetary system.

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