By implementing the project of “Frugal living” we wanted to teach young adults how to handle their personal finances, to spread financial literacy, bring people of other nations closer so they make lifelong friendships, meet other cultures and connect with eachother. The objectives of Frugal living project were: Teach youth how to organize and manage their finances Learning useful economic terms, skills they get to use in everyday life Focus on young people with economic difficulties, unemployed, students etc. Avoidance of today's economic problems youth has, such as credit card debts, negative balance, student loans and so on, which can lead to poverty Advantages of this project are: tackling the concept of personal finances, how to manage them, addressing poverty issues, increasing financial literacy among youth, opportunity to learn new skills, exchange experiences, get to know other cultures and languages, make friendships, encourage creativity... The main ideas of this project will be useful for participants' lifetime Spreading awareness on importance of how to do personal finances which can, at exstent, lead to reducing risk of youth poverty