In 2017, 1 750 children and 182 teachers from 30 different villages in mountain areas of Piedmont benefited from a new financial education project jointly organised by the EIB Institute, Turin’s Museo del Risparmio and Fondazione per la Scuola della Compagnia di San Paolo.

According to evaluation questionnaires, the vast majority of the children but also of the teachers and parents were very positive about the usefulness of the visit and believed it was very effective in enabling students to expand their knowledge.

The MOney LEarning (MOLE) programme aims to familiarise primary school children (8-10 years old) with financial education concepts.

Children are invited to visit Turin’s Museum of Saving, the first interactive multimedia museum dedicated to savings and financial education in the EU. Priority is given to students living in remote areas that may not be able to reach the province’s capital. In 2017, only schools located further than 80 km from Turin were selected.

The EIB Institute finances the transportation costs, Fondazione per la Scuola takes care of project organisation and the museum admits the students for free.

During the visit to the museum, children can learn about the function of money and its evolution over different historical periods, as well as its importance in determining savings and investment decisions over time.