Description
The project addresses the poor financial literacy of secondary school students and the need for studying financial literacy at school. The project aims at improving students’ financial literacy by means of My Life, My Finance course enabling them to acquire the needed knowledge on personal finance, banking products, employment and social security. First, the teaching aids for the 6 modules of My Life, My Finance course will be developed. Second, the new course will be presented to the stakeholders at a round table. Third, 15 teachers and consequently 300 secondary school students will be trained. The efficiency will be tested and monitored through open lessons and on-site visits. Finally, the students will demonstrate the acquired skills in a game observed by the stakeholders. The project will benefit not only the students and the teachers involved but also the education system in general. The partner will ensure access to the target group through its extensive network of schools.
Summary of project results
The project addressed the poor financial literacy of secondary school students and the need for studying financial literacy at school. As a result of the project Bulgaria has already a training programme for personal finance for students. The programme delivered pilot training to 331 young people mainly from underdeveloped area in Bulgaria and their level of financial literacy considerably increased. Financial literacy is a major life skill that directly influences the quality of life, career development and wellbeing of youth and the society in general. The project and the programme enjoyed widespread popularity with the public and turned into a driver of the need to raise the financial literacy of young people. The public already clearly understands the importance of actions in that direction including institutional commitment. The methods and approaches selected, i.e. attractive and feasible programme and toolkit introduced by trained teachers and publicity actions, proved to be efficient. The programme will continue to be used in the future by trained teachers. The programme also enjoys great interest by other schools which is a precondition to continue the project.
Summary of bilateral results