Abstract
This policy highlights the importance of financial literacy, the ability to make healthy financial decisions in regards to debt, credit and other expenses, serious matters in this Digital Age. Being financially literate in today’s economic climate is more important than ever. Understanding finances can help individuals make better money management decisions, budget money properly, adequately save for college, and be financially prepared for retirement. Romania has the lowest number of companies per capita, most of the existent companies are not financially active and rarely do make a profit, which is a concerning statistic for a state member of the European Union. The general objective of this public policy is to integrate financial literacy classes into the Romanian educational curriculum.
Highlights
The intention of the Romanian Government is that through its social and educational policies, it will focus on the formation of an educated citizen, well informed from all points of view, who knows the values and norms necessary for his active participation in the society, and for his social inclusion
It is desired to implement a national program that aims at the financial education of minors, the ultimate goal being to raise awareness of its impact and importance in training them as individuals, in the selection of values for creating their own identity and in personal well-being
Awareness of the problem and the need to approach it; educational instutions. This variant would not have a significant impact on the education of the youth given that one session per semester is insignificant to gather in-depth knowledge concerning financial responsibility
Summary
The intention of the Romanian Government is that through its social and educational policies, it will focus on the formation of an educated citizen, well informed from all points of view, who knows the values and norms necessary for his active participation in the society, and for his social inclusion. It is desired to implement a national program that aims at the financial education of minors, the ultimate goal being to raise awareness of its impact and importance in training them as individuals, in the selection of values for creating their own identity and in personal well-being. Providing didactic materials regarding financial education, relevant to the age and the implicit interests of primary school, middle school and high school students. 2. Mandatory introduction of financial education classes in schools and high schools; 3. Stimulating NGOs and financial-banking institutions in order to establish partnerships with schools and high schools in Romania to host events and campaigns with an informative purpose; 6. Reducing the number of students who do not pass the Baccalaureate exam; 7. Reducing the number of young people who do not continue their
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