Financial Literacy

Many adults lack in an understanding of fundamental financial concepts. Debt counselling only reaches a minor fraction of the population and only when it is (almost) too late. The aspects of financial literacy should therefore be introduced to a larger part of the European population

 

The objectives of our Partnership are to

  • explore and develop models for introducing financial literacy as a horizontal theme into vocational adult education
  • establish a cooperation between European VET providers, vocational and educational research organisations and social partners on financial literacy which will help them to increase the quality of their qualification of their trainers and thus the quality of their VET offers
  • raise the awareness of VET teachers and counsellors about the importance of understanding money matters and financial management of one’s own
  • equip them with competences to convey this knowledge to their learners and to empower them in the management of financial matters, as a prerequisite for successful participation in VET

 

The project will consist of a development phase, pilot activties at the partners, staff exchange and four trainees’ workshops where VET teachers and trainers of the partnership will be introduced to this concept.

 

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Project Duration: 2008 - 2010