EUFIN

INNOVATIVE INTEGRATED

TOOLS FOR FINANCIAL

LITERACY EDUCATION ACROSS

EUROPE

Content

1. Project

2. Participants

3. Content

4. Communication

1. Project – the application

Financial literacy is defined as “knowledge and

understanding of financial concepts and risks, and

the skills, motivation and confidence to apply such

knowledge and understanding in order to make

effective decisions across a range of financial

contexts, to improve the financial well-being of

individuals and society, and to enable participation in

economic life.”

(OECD 2014).

1. Project – the application

Erasmus +

Action 1:Learning mobility

Action 2:Cooperation and

innovation

Action 3:Policy reform

1. Project – the application

…was born…

• ERASMUS+ - KA 2 - HE - project

• September 2018 till August 2021

• Budget 442.585 Euro

• Partner institutions from BE, EE, IT, NL, SK

2. Participants

2. Participants – Target groups

3 target groups working together in EUFin:

1. Students and lecturers in teacher training in university

colleges and universities

2. Secondary school teachers and pupils in secondary

schools aged 13 till 15

3. Related (third) insitutions

3. Content

O1: Financial Literacy education 2018: descriptive and comparative analysis

O2: Curricular module 'Financial Literacy Education'

O3: Testing and transfer of the module 'Financial Literacy Education' in higher education

O4: Didactical material on 'Financial Literacy Education' for secondary schools

O5: Testing and transfer of the didactical material in secondary schools

O6: Knowledge-Portal

E1: Multiplier event

E2: Multiplier event

3. Content

O 1: Financial Literacy Education 2018: descriptive and

comparative analysis

Leading institution: BE 1

Duration: Month 1 - 12

Partner institutions: BE1/2, EE1/2, IT1/2, NL1/2, SK1/2

Outcome: Book, IT-PUB, database

Language: EN

Output

1. Country specific study texts

2. Empirical analyses (questionnaire)

3. Database: Literature and other resources

3. Content and first results

O 2: Curricular module: Financial Literacy

Education

Leading institution: NL1

Duration: 03/2019 – 08/2020

Partner institutions: all

Outcome: interactive recourse - KP

Language: EN

Output

Curricular module about ‘Financial Literacy Education‘ with 3 focus area’s!

3. Content

Topic 1. “Money and transaction”

a) Subtopic 1.1: ‘Money and payments’

b) Subtopic 1.2: ‘Revenues’

c) Subtopic 1.3: ‘Prices and purchases of goods’

d) Subtopic 1.4: ‘Documents and contracts’

Topic 2. “Planning and Managing money”

a) Subtopic 2.1: ‘The budget’

b) Subtopic 2.2: ‘Saving and investing’

c) Subtopic 2.3: ‘Loans’

d) Subtopic 2.4: ‘Debt management’

Topic 3. “Economics and Finance in Society”

a) Subtopic 3.1: ‘Life long learning’

b) Subtopic 3.2: ‘Financial actors and consumers’

3. Content

O 3: Testing and transfer of the module

'Financial Literacy Education' in higher

education

Leading institution: EE1

Duration: 09/2019 – 02/2020

Partner institutions: all

Outcome: interactive resource - KP

Language: EN

“In this output, the developed materials are tested. In each participating country,

project day(s)/ a project week will be organized. The framework for the testing

activities will be determined by each higher education institution. One can think of

a field experiment in the teacher training program of the participating higher

education institutions, or a design research during a project week.”

3. Content

In addition, the EUFin consortium will develop questionnaires to

measure in a pre- and posttest design the financial knowledge, attitudes and

behavior of the participating students.”

Output

3. Content

O 4: Didactical material on 'Financial Literacy Education' for secondary

schools

Leading institution: SK 2

Duration: 03/2019 – 10/2020

Partner institutions: All

Outcome: collection/material - KP

Language: EN and NL, EE, IT, SK

3. Content

Output

Development of

• Products 1 - 4 on 'Money and transaction': BE2, IT2, SK2

• Products 5 - 8 on 'Planning and Managing money': EE2, NL2, SK2

• Products 9 - 10 on 'Economics and Finance in Society': BE2, EE2, IT2,

NL2, SK2

3. Content

O 5: Didactical material: implementation and

Evaluation

Leading institution: IT1

Partner institutions: BE2, EE2, IT2, NL2, SK2 & EE3, IT3, NL3, SK3

Duration: 11/2020 – 02/2021

Outcome: Event / Service

Language: EN and NL, EE, IT, SK

Output

• Preparation, implementation and evaluation of a project day(s), project

week in all partner schools…

3. Content

O 6: Knowledge-Portal

Leading institution: BE1

Partner institutions: EE3, NL3, IT3, SK3

Duration: 01/2019 – 08/2021

Outcome: Service

Language: EN

Output

Development of a Knowledge-Portals

• the project website www.eufin.org

3. Content

E 1 & E 2: Multiplier event

Leading institution: EE1 and BE1

Partner institutions: all

Duration: October 2020 & May 2021

Outcome: Event / Service

Language: EN

2-day conference

• Day 1: Keynotes and contributions for lecturers (more scientific part)

• Day 2: Parallel workshops and presentations of lecturers for teachers

and teachers for lecturers (more practical part)

3. Content

3. Content

3. Content

Results of the comparative analysis

We mentioned in our application to ask

• 1000 pupils in 5 countries

• 100 teachers in 5 countries

The result …

3. Content

Book- and IT-publication

4. Communication

• Website: www.eufin.org

• Newsletter

• Facebook: eufin

• Twitter: @EUFIN1

4. Communication

…to be continued…