On April 3, at the Honorary Consulate of Israel in Lviv there was held a "Business Day" for children and adolescents, organized by the youth club "Tzofim" – a scout youth organization working at the Embassy of Israel in Ukraine.

I believe that financial literacy is an integral part of education. It is very important for a child to know not just from where money appears, but also to understand what to do with them. In the future it will help to make the right decisions, efficiently use its own resources, learn to plan. Unfortunately, there are no subjects on financial literacy in the program of general secondary schools. In our society we do not talk with the children about money, so they often still remain as an abstract concept. But how and on what terms to take a loan, how to calculate the monthly budget, how to preserve and increase their savings, all of this is an important information, which will form the basis of human well-being in the future.

During such business lesson in the Honorary Consulate of Israel the children from 12 to 17 years had the opportunity to try themselves in the role of private entrepreneurs: each of them got their own passport, then a license to work in their chosen profession. Also, the young businessmen were provided with working places and everything they need for the job. Under the guidance of the instructor children were taught to earn, keep records and plan expenses. Moreover, the earned "money" they could spend or save. At the end of the event there was held an auction in which the children could buy gifts for the real earnings.

The Honorary Consulate will continue to support such projects aimed at the education of children.