Sustainable Finance
Woch vun de Suen: 11th edition underway
Published on 16 March 2025
The Woch vun de Suen, Luxembourg’s Money Week, organised by the ABBL Foundation for Financial Education, is currently holding its 11th edition from 17 to 21 March.Since 2014, our Foundation has been encouraging Cycle 4 teachers to welcome volunteer trainers (employees from ABBL member institutions) into their classrooms to run interactive workshops on money matters and budget management, helping students engage in open conversations about these essential topics.
Summary
Young people’s growing interest in financial education
Talking about money remains taboo in our Western societies, and few children receive proper financial education today.
Yet, young people are eager to learn, as shown by a survey conducted in 2023 by our Foundation among 708 students aged 14 to 21: 88% of them want to see financial education included in their school curriculum.
Woch vun de Suen is a vital initiative to raise young people’s awareness of financial management. I am pleased to see that, year after year, many classes actively take part in this programme. Financial education plays a crucial role in the transition to adulthood, helping students make informed and responsible decisions for their future.
Claude Meisch
Minister for Education, Children and Youth
Why is it important to talk about money at school?
Children develop essential money habits from an early age. It is therefore crucial to raise their awareness of the basics of budgeting as soon as possible, so they are better prepared to:
- save money (to fund projects or deal with unexpected expenses),
- manage their finances responsibly as adults,
- ask the right questions when making financial decisions,
- assess financial risks,
- become familiar with new tools, services and products.
Thanks to the “Money Odyssey” mobile app, these topics are presented in a simplified, engaging way tailored to younger audiences, and are explored during classroom sessions.
Taking part in Woch vun de Suen as a volunteer is an obvious choice for me. Financial education is essential to help young people better understand money management and make informed decisions. Thanks to Money Odyssey, which we present in class, we share this knowledge in a fun and interactive way. It’s a great opportunity to share my banking experience and contribute to building their financially responsible future.
Francesca Micucci
Personal Banker at Spuerkeess
Strengthening collaboration with the Ministry of Education
The Foundation would like to thank the Ministry of Education for its ongoing support and for its willingness to work more closely with us on various projects – particularly its commitment to explore ways to integrate these topics into school curricula.
Having the support of the Ministry of Education, and particularly the SCRIPT (Service de Coordination de la Recherche et de l’Innovation Pédagogiques et Technologiques), will undoubtedly help us improve young people’s financial knowledge and behaviour, and contribute to their long-term financial well-being.
Jessica Thyrion
Adviser – financial education, ABBL
The ABBL Foundation for Financial Education, created in September 2016, pursues four key objectives:
- raising awareness among Luxembourg citizens of the need for better financial literacy to support informed decision-making,
- promoting a better understanding of the banking sector in Luxembourg,
- contributing to the prevention of over-indebtedness,
- fostering banking inclusion.
More information: ABBL Foundation for Financial Education and Financial Education for Luxembourg.
D’Woch vun de Suen is part of European Money Week, an initiative led by the European Banking Federation, aligned with OECD’s Global Money Week.
Contact: Jessica Thyrion – Financial Education Adviser, jessica.thyrion@abbl.lu