diff --git a/Gemfile.lock b/Gemfile.lock
index 3285380f7..29ca2aa28 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -217,7 +217,8 @@ GEM
     httpi (2.4.2)
       rack
       socksify
-    i18n (0.8.6)
+    i18n (0.9.5)
+      concurrent-ruby (~> 1.0)
     i18n_data (0.7.0)
     ice_nine (0.11.2)
     isikukood (0.1.2)
@@ -252,15 +253,14 @@ GEM
     mini_mime (1.0.0)
     mini_portile2 (2.3.0)
     minitest (5.11.3)
-    monetize (1.6.0)
-      money (~> 6.8)
-    money (6.8.3)
-      i18n (>= 0.6.4, < 0.9)
-      sixarm_ruby_unaccent (>= 1.1.1, < 2)
-    money-rails (1.8.0)
+    monetize (1.9.0)
+      money (~> 6.12)
+    money (6.12.0)
+      i18n (>= 0.6.4, < 1.1)
+    money-rails (1.12.0)
       activesupport (>= 3.0)
-      monetize (~> 1.6.0)
-      money (~> 6.8.1)
+      monetize (~> 1.9.0)
+      money (~> 6.12.0)
       railties (>= 3.0)
     multi_json (1.13.1)
     mustermann (1.0.2)
@@ -397,7 +397,7 @@ GEM
       rack (~> 1.5)
       rack-protection (~> 1.4)
       tilt (>= 1.3, < 3)
-    sixarm_ruby_unaccent (1.1.1)
+    sixarm_ruby_unaccent (1.2.0)
     slop (3.6.0)
     socksify (1.7.1)
     sprockets (3.7.2)
@@ -508,4 +508,4 @@ DEPENDENCIES
   whenever (= 0.9.4)
 
 BUNDLED WITH
-   1.16.2
+   1.16.4
diff --git a/config/initializers/money.rb b/config/initializers/money.rb
index bd14a3f3d..cb476b589 100644
--- a/config/initializers/money.rb
+++ b/config/initializers/money.rb
@@ -1,69 +1,4 @@
-# encoding : utf-8
-
 MoneyRails.configure do |config|
-  # To set the default currency
-  #
+  # Wrapper for Money#default_currency with additional functionality
   config.default_currency = :eur
-
-  # Set default bank object
-  #
-  # Example:
-  # config.default_bank = EuCentralBank.new
-
-  # Add exchange rates to current money bank object.
-  # (The conversion rate refers to one direction only)
-  #
-  # Example:
-  # config.add_rate "USD", "CAD", 1.24515
-  # config.add_rate "CAD", "USD", 0.803115
-
-  # To handle the inclusion of validations for monetized fields
-  # The default value is true
-  #
-  # config.include_validations = true
-
-  # Default ActiveRecord migration configuration values for columns:
-  #
-  # config.amount_column = { prefix: '',           # column name prefix
-  #                          postfix: '_cents',    # column name  postfix
-  #                          column_name: nil,     # full column name (overrides prefix, postfix and accessor name)
-  #                          type: :integer,       # column type
-  #                          present: true,        # column will be created
-  #                          null: false,          # other options will be treated as column options
-  #                          default: 0
-  #                        }
-  #
-  # config.currency_column = { prefix: '',
-  #                            postfix: '_currency',
-  #                            column_name: nil,
-  #                            type: :string,
-  #                            present: true,
-  #                            null: false,
-  #                            default: 'USD'
-  #                          }
-
-  # Register a custom currency
-  #
-  # Example:
-  # config.register_currency = {
-  #   :priority            => 1,
-  #   :iso_code            => "EU4",
-  #   :name                => "Euro with subunit of 4 digits",
-  #   :symbol              => "€",
-  #   :symbol_first        => true,
-  #   :subunit             => "Subcent",
-  #   :subunit_to_unit     => 10000,
-  #   :thousands_separator => ".",
-  #   :decimal_mark        => ","
-  # }
-
-  # Set default money format globally.
-  # Default value is nil meaning "ignore this option".
-  # Example:
-  #
-  # config.default_format = {
-  #   :no_cents_if_whole => nil,
-  #   :symbol => nil,
-  #   :sign_before_symbol => nil
-  # }
-end
+end
\ No newline at end of file
diff --git a/test/learning/money_test.rb b/test/learning/money_test.rb
new file mode 100644
index 000000000..89fdeb917
--- /dev/null
+++ b/test/learning/money_test.rb
@@ -0,0 +1,8 @@
+require 'test_helper'
+
+class MoneyLearningTest < ActiveSupport::TestCase
+  def test_default_currency_is_euro
+    money = Money.from_amount(1)
+    assert_equal Money::Currency.new(:eur), money.currency
+  end
+end
\ No newline at end of file