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Proposal of public policy regarding the integration of financial education classes in Romania

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. | Proposal of public policy regarding the integration of financial education classes in Romania Technium Social Sciences Journal Vol. 3 2 7-11 February 2020 ISSN 2668-7798 www.techniumscience.com Proposal of public policy regarding the integration of financial education classes in Romania Baia Olimpia Geoorgiana Master of European Administration. Public institutions and policies Faculty of Law and Administrative Sciences - Ovidius University of Constanta Romania olimpiageorgiana@icloud.com Volume coordinators Prof. univ. dr. habil. Mihaela Rus Ovidius University of Constanta Faculty of Law and Administrative Sciences psiholog_m@yahoo.com Lect. univ. dr. Mihaela Sandu quot Ovidius quot University of Constanta Faculty of Psychology and Educational Sciences mihaela_naidin@yahoo.com Asist. univ. dr. Tănase Tasențe Ovidius University of Constanta Faculty of Law and Administrative Sciences office@pluscommunication.eu 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. Keywords. public policy financial literacy economy budget debt credit education 7 Technium Social Sciences Journal Vol. 3 2 7-11 February 2020 ISSN 2668-7798 www.techniumscience.com 1. The institution that - Ministry of Labor Family Social Protection and Elderly .