The Ceuta Penitentiary Center celebrated the days 7 and October 9 training sessions aimed at helping internal employees to master basic concepts of everyday economics and digital banking, a commitment that reinforces its financial autonomy during the serving of their sentence and in view of their return to society.
The sessions are part of the program “Finance for Mortals – Educational Justice”, promoted by Banco Santander in collaboration with Penitentiary Institutions (IIPP) and UCEIF Foundation from the University of Cantabria, with the aim of bringing closer financial education to vulnerable groups and promote their inclusion.
Financial training for inclusion and reintegration
The program focuses on providing people deprived of liberty with practical tools to make informed decisions about your money: how to manage income and expenses, how to plan, and what risks to avoid when using banking services.
Classes are taught by volunteer professionals from Banco Santander, which provide real examples and simple explanations about how the financial system works, seeking to ensure that the knowledge learned is applicable from day one.
Key contents of the sessions
During the workshops, everyday issues are addressed and frequently asked questions are resolved so that each participant clearly understands, what products you need, how to hire them and how to protect yourself against fraud.
- Budget management personal and family to organize expenses and income.
- Savings and responsible debt, with guidelines to prioritize payments and avoid overcharges.
- Operation of Bank online and notions of ciberseguridad to protect data and accounts.
- interpretation of payrolls and invoices, as well as basic financial concepts.
- Differences between working employed or self-employed and its economic implications.
- Information about aid, benefits and guidance for job searches.
In addition to theory, practice is promoted through planning exercises and simulations of everyday situations, with special attention to the responsible decision making and the protection of personal resources.
Scope of the project in Spain
“Finance for Mortals – Educational Justice” is active since 2021 and has already arrived at more than 45 penitentiary centers of the country, among them Teixeiro (A Coruña), Asturias, Aranjuez, Alcalá Meco, Seville, Malaga, Mansilla (León), Daroca (Zaragoza), La Rioja or Ibiza, to which is added Ceuta with this new edition.
Recognitions and institutional commitment
The work carried out by the program was distinguished in 2024 with the Medal of Penitentiary Social Merit, the award given by IIPP to recognize initiatives with an impact on reintegration and improving opportunities.
The promoting organization emphasizes that this is an action inclusive and non-profit, aimed at ensuring that any person, especially those in a situation of financial vulnerability, acquires knowledge that facilitates a safe and responsible management of its resources.
Impact on reintegration
Economic training in prison acts as a bridge between the prison environment and the labor market, providing useful information for daily life and skills for plan objectives, deal with unexpected expenses and interact with financial institutions with confidence.
The arrival of the program in Ceuta reinforces a line of work that combines education, employment and support, with the goal that, upon regaining freedom, each person has solid criteria to manage your money, avoid risks and take advantage of opportunities for social and professional integration.
