The Committee for the planning and the coordination of the financial education activities promotes every year, since 2018, for the whole month of October, the “Month of Financial Education”: initiatives and events, free and of quality, without any commercial purpose, to improve the skills of Italian citizens in matters of savings, investments, pensions and insurance.

Everyone may need financial education: in Italy only 45% of men and 30% of women demonstrate an adequate level of financial literacy, thus placing our country last in the rankings for financial education among the members of the G7. Furthermore, almost 20% of Italian students are far from the basic level that presumes at least the understanding of the importance of a simple personal budget.

This disparity with other countries is further incremented by gender inequality: the approach with which men and women enter the financial sphere is different also because of cultural aspects and stereotypes which appear to be difficult to erase. In OECD countries, the average difference between males and females in mathematics is 5 points, in favour of males; in Italy instead, this difference is radically higher as it is of 16 points!

Global Thinking Foundation has taken part, since its first edition in 2018, to the EduFin Month, bringing to more than 40 municipalities, financial education courses, workshops, events, debates open to citizenship and family meetings, pursuing the aims of spreading financial knowledge and awareness as to prevent financial abuses and economic violence.