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“I am very happy that children are beginning to learn financial education at this age. This is important when planning their personal finances, learning how to manage money. You will probably be so advanced that you will be able to advise your parents in the future on what to buy and when to save money. This knowledge will be useful to you throughout your life. Or you may become involved in finance in such a way that you will even become a financier or economist, but you will make this decision in the future, “said G. Nausėda later of the meeting with the beginners.
The children asked him how much money there was in total in Lithuania, how would he advise spending the money saved in the savings bank. The president said that money should be spent on what is most enjoyable: a good book, or perhaps a performance. He considered that it was possible to join a larger goal, such as a great trip saved by the parents.
In answering the question, the President recalled that as a child he had so much money that only ice cream was enough. For larger purchases, they asked their parents. His first purchase was an assembled toy puzzle that allowed him to create various objects.
This school year was the first in which the organization launched the Primary Financial Literacy Curriculum for my community in the first ten schools in Lithuania, and, along with teachers, became convinced that primers also care about finances, taxes, entrepreneurship and community well-being. The Organization for Economic Cooperation and Development (OECD) runs an annual International Student Assessment Program (PISA).
Based on the 2018 assessment, Lithuanian students made the most progress of all the countries studied. However, to reach the OECD average, it is necessary to talk about finance and cash flow in the early grades. The Lithuanian Junior Achievement organization has started a successful cooperation with the Lithuanian Ministry of Education and Sports to implement financial literacy training programs for beginners.
Until now, only the first schools have joined this education: it is important that such education does not stop, is applied more broadly, with the introduction of financial financial education for children of all ages. In the final event of the “My Community” financial education program, President G. Nausėda also interacted with several beginners.
The My Community program provides elementary students the opportunity to create their own city and community, which includes a variety of professions, collects taxes, and produces and sells goods and services. Through play, children learn how cash flows in society. The brochures, cards, and assignments for this program were developed by the international organization Junior Achievement Worldwide.
The tv3.lt portal wrote a little before the stories about the communication of President Gitan Nausėda are spreading on the Internet and social networks, where children constantly appear. Communication specialists cautioned that the presidential team must protect G. Nausėda from such reckless steps, as the label can easily stick and then be very difficult to remove.
Andrius Šuminas, head of the Media Research Laboratory of the Vilnius University Faculty of Communication (VU), a specialist in political communication, told tv3.lt at the time that the stories of the president with children were already becoming a laughing object.
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