#financial literacy

Two years ago, a man in Cyprus lost a quarter of a million euros in a cryptocurrency scam. In the same year, another handed more than €100,000 to an online investment ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) on Tuesday launched moneypedia.cy, introducing Cyprus’s new national digital financial literacy portal designed to empower citizens through reliable economic knowledge. ...

The Financial Wellbeing Institute (FWI) has entered into a strategic partnership with Mastercard to strengthen financial literacy in Cyprus through research, public awareness initiatives and a nationwide educational programme.  The ...

Cyprus urged to bring financial literacy into classrooms early As financial literacy climbs the policy agenda in Cyprus, questions remain over whether children are being equipped with the practical skills ...

The Central Bank of Cyprus (CBC) on Wednesday introduced a new section on its website titled ‘Statistics Explained’, aimed at strengthening statistical literacy among the public. The initiative presents key ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for the introduction of a standalone and compulsory financial literacy course in schools, arguing that stronger financial education is essential ...

By Panagiotis Kouzaris How often did you talk openly about money at home while growing up in Cyprus? In my experience, money was rarely discussed calmly in my family. Either ...

By Dimitriana Georgiou Every day I catch myself thinking about money! When I wake up, it’s the first thing on my mind. Before I sleep, it’s the last. ...

By Dimitris Evgeniou Scroll through TikTok or Reels, and you see guys my age in rented Lamborghinis promising €10,000 a day from crypto! The captions scream ‘ESCAPE THE MATRIX’ and ‘FINANCIAL ...

By Maria Portari I still remember the moment my card was declined! I was so embarrassed. It was the first time I realised that money is not unlimited… Growing up ...

By Marina Petrou If I had to choose one financial lesson I wish I’d learnt in school, it would be that money management is a skill you have to ...

By: Christina Nikolaou Maybe you’re already saving money! You just haven’t realised it yet… Think of money as a tool. If we use it properly, we can build ...

By Razmik Sargsyan Most people get it wrong about debt. In my age group, at least, people can be divided into two distinct groups. Those who are extremely cautious about ...

By Maria Manelova As a final-year student in Cyprus, I am still navigating the confusing world of money management. It’s a constant dilemma! Do we live our student life ...

By Alexis Panayis I still remember the day my friends suggested that we organise a trip to watch the most exciting football match in the world! It had always been ...

By Drosis Louka Economists argue that, due to impatience, our generation prefers to spend rather than save. While there might be some truth in this statement, both saving and spending ...

By Niki Karayianna Nowadays, when people buy something valuable, they often ignore the possibility that something may happen to their asset. The risk is simply ignored. Many of us are ...

By Niki Karayianna Have your debts ever been too high, and it felt like nothing could be paid off? Did you ever wonder why? Well, some common reasons are: no ...

By David Gatt While waiting in line at a local bakery in Aradippou, Cyprus, I noticed an elderly individual, probably in his late-70s. He was struggling to pay at ...

An educational workshop aimed at strengthening financial literacy in primary schools will be held on Thursday at the University of Cyprus (UCy), organised by the institution’s corporate social responsibility ...

Financial literacy is increasingly recognised as a core life skill – one that affects individual wellbeing, family stability, and wider economic resilience. In simple terms, financial literacy refers to the knowledge ...

Financial literacy classes will be rolled out to all third-year high school students this academic year, Education Minister Athena Michaelidou announced on Friday. The decision was finalised during a Cabinet ...

Lessons on financial literacy will be introduced to public schools this year, the government following the EU-wide trend of giving youngsters a basic financial education that would help them understand ...

Exploring the importance of financial education in navigating modern economic challenges Financial literacy is not a new concept, although it has only come into vogue in the last three decades ...