Finance 4U

One of the most significant tools for preventing indebtedness and reducing the risks of poverty and social exclusion is increasing financial literacy among adults. The MAIN GOAL of the Finance 4U...

One of the most significant tools for preventing indebtedness and reducing the risks of poverty and social exclusion is increasing financial literacy among adults. The MAIN GOAL of the Finance 4U project is: PREVENTION OF ADULT INDEBTEDNESS AND REDUCTION OF THE RISK OF POVERTY AND SOCIAL EXCLUSION THROUGH IMPROVING FINANCIAL LITERACY. Specific goals: • Widely popularizing and raising awareness about the issue of "low financial literacy" and the risks it entails; • Enhancing the knowledge of adults in the field of personal finance, for the products offered by financial institutions, and improving digital literacy; • Assisting adults at risk of indebtedness by acquiring specific knowledge and skills for personal financial planning and budgeting; • Creating educational content with opportunities to overcome low financial literacy. The project is implemented in partnership between 2 NGOs in Bulgaria and Italy, which together and simultaneously developed specific educational content, conducted training sessions, and through informational events and materials directed the attention of the society towards improving and enhancing financial literacy at the local, national, and European levels.