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
• 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

Leonardo da Vinchi project
Project duration: 2008 – 2010