The project was created on the basis of the results of PRO(F)LITERACY (2020-1-PT02-KA205-006692), namely the manual ‘PRO(F)LITERACY - Intervention Methodology for Financial Literacy’, aimed at youth workers. The project's objectives were successfully achieved: The PRO(F)LITERACY programme was revised and updated, adapting it to the current challenges facing young Europeans and to new social and geographical contexts. The dissemination and exploitation of the PRO(F)LITERACY 2.0 programme was achieved with the training of youth workers, which resulted in a significant increase in the financial literacy of young people. The creation of sustainable international networks in the field of financial literacy was established, contributing to the continuous improvement of intervention practices. The implementation of the project enabled the training of youth workers and young people, promoting active citizenship and social inclusion. Young people have acquired key competences in entrepreneurship, financial literacy and entrepreneurial attitudes, which contributes to preventing and combating social exclusion, promoting a more inclusive and resilient society.
In everyday life, citizens face various financial decisions, such as managing the family budget, savings, investments and loans. Financial literacy therefore plays a crucial role for a healthy economy and an inclusive society. The lack of financial skills is directly associated with social exclusion, poverty and inequality, as the 2016 UN report points out. The absence of these skills can perpetuate phenomena such as social inequality and unemployment. Today, in a context of economic and social instability, amplified by the pandemic and the conflict between Russia and Ukraine, younger generations face even greater challenges in building their future, particularly in the quest for financial independence. The PRO(F)LITERACY 2.0 project aimed to improve the financial literacy of young people, promoting their empowerment and helping them make the transition to independent living.