Let’s define financial education

Financial education means more than merely having information available. It encompasses knowledge, conducts and attitudes that enable us to make appropriate financial decisions over the course of our lives, have healthy financial habits and be aware of the opportunities and risks associated with the financial products we purchase (accounts, cards, mortgages, etc.).

Financial education improves your quality of life because:

  • It provides you with the confidence you need to relate with your bank and to find your way in the world of finance.
  • It educates you about your rights and obligations as a financial user.
  • It helps you manage your money well and fulfil your goals.
  • It allows you to plan for your future in a sustainable and responsible manner.


  • Financial education helps you carry out your personal or family projects.
  • If you’re an entrepreneur, financial education helps you efficiently manage your business and be more competitive.
  • If you’re thinking about retiring, financial education provides you with tools to prepare adequately for this new phase in your life.

The OECD and other international organisations support financial education for citizens

International organisations such as the OECD, the IMF, the G20 and the European Commission consider financial education for the population as an instrument for empowering the weaker party in the “bank-customer” relationship. Together with the regulation and supervision of financial institutions, financial education for citizens completes the set of tools that guarantees the protection of bank users and financial stability.

The Banco de España participates in this undertaking. In addition to regulating and supervising bank conduct, it also contributes to the financial education of citizens through several initiatives.

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