Financial Literacy Online

eFinLit – Financial Competences Utilising Online Learning and Digital Literacy

In the current times of economic turbulence and market shortcoming, where the majority of EU citizens are struggling to manage the financial challenges they face, a real life need for the development of their financial literacy competencies has been identified. These would allow people to understand the mechanics of the economy and the market, how to deal with daily financial issues, and protect them from slipping in to extremely negative situations. Moreover, the current project directly and indirectly will promote the digital numeracy, language, reading, collaboration and communication Skills of financial disadvantaged young EU adults (18-35).

The eFinLit project has developed an online educational platform which encompasses social networking tools, online games, data bases, and a training packages of online self-regulated modules, which is also available through mobile platforms. The online training modules are:

  1. Digital Literacy and Access to Financial Information
  2. Basic Maths
  3. Budgeting
  4. Savings
  5. Indebtedness
  6. Credit and Loans
  7. Consumer Rights
  8. Investment and Entrepreneurship

Click here for the project’s Website:

Project Duration: 2014 – 2016